by Fronetics | Sep 11, 2018 | Blog, Content Marketing, Logistics, Marketing, Social Media, Strategy, Supply Chain
Daunted by the idea of proving social media ROI? These 3 steps will give you the structured framework you need to show the results of your efforts.
We all know social media is effective — but do we really know it?
Social Media Examiner’s 2018 Social Media Marketing Industry Report found that only 44% of marketers agree that they know how to measure social media ROI. That means two-thirds of you don’t know whether or not, or how much, your marketing efforts are paying off when it comes to the use of social media.
[bctt tweet=”Only 44% of marketers agree that they know how to measure social media ROI. That means two-thirds of you don’t know whether or not, or how much, your marketing efforts are paying off when it comes to the use of social media.” username=”Fronetics”]
Managing your business’ social media is no small task. It can be a time-consuming and laborious process, so you want to make sure you’re doing it right. That means having a systematic framework in place to prove social media ROI. These three steps will get you started.
3 steps to prove social media ROI
1) Set goals
It may seem obvious, but too many businesses approach social media marketing with vague goals or none at all. Deciding that you want to “grow your business” through social media is great — but it does little to set you up for success.
As you think about goals, keep the SMART principle in mind: Your objectives should be specific, measurable, achievable, realistic, and timed. So for example, instead of shooting to “generate more leads,” set a goal to “generate 10% more leads over 30 days.”
2) Track and measure
Once you’ve set your goals and identified your key metrics, it’s time to implement a system that will track and measure your metrics. At the very least, you should be tracking your metrics on a monthly basis.
We’ve created this monthly marketing reporting template just for supply chain and logistics businesses. It can help you measure social media ROI, as well as track your content marketing efforts, all in one place.
3) React
This is your endgame. While proving your ROI is a great outcome of tracking and measuring your metrics, the real object of your efforts should be reacting to what you discover. Look at your metrics in the context of your goals and objectives. Which efforts are moving you forward? What’s not working?
Trying to prove social media ROI is far from impossible when it’s supported by a solid framework. With a data-driven approach, you can prove ROI and use concrete tools to take steps to improve it.
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by Fronetics | Aug 29, 2018 | Blog, Content Marketing, Current Events, Marketing, Social Media
Also in social media news August 2018: Twitter releases an ads playbook, Snapchat introduces a private ads marketplace, WhatsApp launches a Business API, and Facebook makes updates to its video metrics.
As kids gear up for back to school, social media platforms are busy making updates with a focus on business pages. Facebook, Twitter, and WhatsApp are all releasing updates and features, including playbooks, to help advertisers increase their brand awareness and user reach. Facebook even created updates to its metrics to help advertisers produce better reporting around usage.
Here’s what’s been happening in August with the hottest social media platforms and how the latest updates are aimed at helping businesses gain exposure and new audiences.
Your social media news for August 2018.
Facebook Q2 earnings show increased user growth but slow revenue growth
Facebook just released their Q2 earnings report showing that the social media giant now has more than 2.5 billion people using at least one of its apps (including WhatsApp, Instagram, and Messenger) monthly. The report also showed declining revenue growth, despite efforts to rebuild trust among users. Mark Zuckerberg reiterated his commitment to user privacy and security. “We continue to invest heavily in safety and security. This quarter, our systems identified and removed thousands of fake accounts, pages, and groups.”
Snapchat drops user count in Q2
Snap Inc. released its Q2 2018 Financial Results revealing a three million daily active user drop in its user base. With a recent redesign to the app, Snap Inc. was aware usage would be down. Co-founder Evan Spiegel states that “the company has been working to improve Snapchat based on user feedback” and is “eager to make more progress on the tremendous opportunity we now have to show more of the right content to the right people.”
Facebook’s Workplace acquires Redkix
Workplace for Facebook, an interactive tool for coworkers, acquired Redkix, an email software that combines email, messaging, and calendar features into one app. Recode reports the acquisition took place so Facebook could create its own communication system within Workplace. Facebook has been working overtime to beef up its Workplace platform to compete against Slack, a messaging app with almost 100 million paid users.
Twitter Business created an ads playbook for businesses and brands
Twitter Business released a Playbook for Agencies, a new document created to answer the most frequently asked questions by businesses about Twitter ads, client strategy, and more. “We compiled the most asked questions from agencies, partnered with our customer service team, and synthesized six months of Twitter research to create this guide which will help agencies guide their clients toward Twitter success,” writes Twitter.
Snapchat creates private ads marketplace
Snapchat is offering more ad tools to “premium publishers and advertisers – offering brands ‘unskippable’ slots and experimenting with a private marketplace (PMP) that lets Discover media partners take greater control over their inventory.” Starting in August, the app will give 100 randomly picked brands the ability to buy ad programming against TV-style content, including a wide variety of programming from scripted drama to comedy.
Facebook updates video metrics
Updates in the past year gave users the ability to rewind and re-watch parts of video ads, leaving advertisers with skewed reporting numbers. Facebook recently updated its video ad metrics to account for re-watched ads, removing any redundancies in reporting. The new metrics will automatically remove any three or ten-second views that are watched after rewinding.
WhatsApp launches Business API
Looking to expand its business tools, WhatsApp launched Business API, allowing medium to large business to manage and send non-promotional messages to customers. These messages include appointment reminders, shipping information, event tickets, and more for a fixed rate. VentureBeat reports all messages sent through the API will be free for the first 24 hours, messages sent after that will be charged. Though currently only available to select businesses, including Uber, Booking.com, and KLM Airlines, Business API will eventually be available to all more customers.
Facebook no longer permits cross-posted tweets
In light of recent Facebook platform and policy updates, users can no longer automatically cross-post their tweets or retweets to Facebook. As of August 1, users will have to copy a tweet’s URL to post a tweet to Facebook.
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by Fronetics | Aug 23, 2018 | Blog, Content Marketing, Logistics, Marketing, Social Media, Supply Chain, Talent
Too many supply chain businesses are devoting inadequate resources and personnel to social media management.
Let’s be honest. It’s time for the supply chain to start taking social media management seriously. Even when we think we’re embracing the future, too may supply chain companies are stuck in the past when it comes to the way they think about marketing — and particularly the role of social media.
[bctt tweet=”A robust and effective social media strategy needs to be just that — a carefully designed and well-thought-out strategy, rather than simply something that an already overworked marketer adds to his or her plate.” username=”Fronetics”]
Case in point: the latest Social Media Marketing Industry Report indicates that for nearly two-thirds of marketers, managing social media marketing for their business is just one of their jobs.
Let’s think about that for a moment. That means that only one-third of the 5,700 businesses surveyed are prioritizing social media management to an adequate degree. For the other two-thirds, the vast and time-consuming task of social media management is squeezed into someone’s job description essentially as an afterthought.
If your business falls into that 64%, this is your wakeup call. Used to its fullest, social media is an immensely valuable set of tools for supply chain marketing. These platforms help brands increase visibility, establish themselves as thought leaders, attract new leads and customers, and much more.
If you’re not convinced (and you should be), take a look through Fronetics’ recent survey report on the benefits of social media for supply chain and logistics industries.
Social media management is no easy task
The thing about social media that so many businesses get wrong is that it’s not an easy task. Maybe you’re a marketer who’s been tasked with managing your brand’s social media efforts — on top of the rest of your responsibilities. It might have sounded like fun at first, essentially getting to scroll and post on Facebook for a few minutes out of the day. But chances are, you’re realizing that it’s a much bigger task than you thought.
A robust and effective social media strategy needs to be just that — a carefully designed and well-thought-out strategy, rather than simply something that an already overworked marketer adds to his or her plate.
For your business to truly take advantage of the benefits that social media can offer, you either need to devote adequate resources to it, or consider outsourcing it.
Is outsourcing right for you?
Supply chain companies are increasingly reaping the benefits of outsourcing their marketing efforts, particularly social media, as it allows them to focus on core competencies and improve productivity. As you consider trusting a professional with your social media, consider these 6 signs that outsourcing might be right for you.
The bottom line: if you’re frustrated that your social media management efforts are not as fruitful as you would like, chances are, you’re not giving them a chance. For social media to work for you, you need to devote the resources it demands — whether in house or out.
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by Fronetics | Aug 16, 2018 | Blog, Content Marketing, Data/Analytics, Logistics, Marketing, Social Media, Supply Chain
The latest social media statistics show growth of Instagram, more metrics for ROI, social messaging bots, and video content.
One thing that always holds true with social media platforms: they are constantly changing. Platforms like Facebook, Instagram, and Twitter have used 2018 to continue this trend of continual growth and improvement.
[bctt tweet=”One thing that always holds true with social media platforms: they are constantly changing. Platforms like Facebook, Instagram, and Twitter have used 2018 to continue this trend of continual growth and improvement.” username=”Fronetics”]
It’s important with all the changes to take a pause and analyze where these changes are taking us. Simple data can point us to the latest trends and show us where social media is heading.
Social Media Examiner’s 10th annual study, 2018 Social Media Marketing Industry Report, surveyed more than 5,700 marketers from across the world in a variety of industries to see how social media is changing. It offers a really comprehensive view of what’s going on in social media in our industry and beyond.
“This industry report also shows you how marketers’ organic activities have changed and what their future plans are with organic and paid social media,” write the report’s authors.
Here are 10 social media statistics from the report that reflect where social media is headed and what B2B marketers need to be paying attention to.
Infographic: 10 social media statistics for B2B marketers 2018
(Made with Canva)
Still want more?
I really recommend reading the 44-page report in its entirety from Social Media Examiner. There are pages and pages of interesting social media statistics that offer valuable insight into how marketers from all industries are using social media.
The report also shows how social media has changed in the last few years and even more rapidly in the past few months. With messaging bots and video content on the horizon, it’s hard not to wonder where social media will take us next.
What social media statistics are most interesting to you?
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by Fronetics | Jul 31, 2018 | Blog, Content Marketing, Logistics, Marketing, Social Media, Supply Chain
Also in social media news July 2018: Instagram publishes a creator handbook with tips and tricks, YouTube features searchable hashtags, and Facebook debuts funded news shows.
Summer is half over and big box stores are already stocking their shelves with back to school supplies. While families are trying to sneak in their last trips before school, social media platforms are doing anything but going on a vacation.
LinkedIn, Facebook, Twitter, and Instagram are increasing updates and adding new features to keep their users happy while posting videos and pictures from their travels. But these updates and new features don’t just benefit personal users. Businesses are being positively impacted as well.
Social media platforms are continuing to add content kits, and even detailed guides, to help advertisers increase brand awareness and user reach. From paid spotlight ads to new creative tools, it’s becoming easier for companies to create interactive and engaging content with a few clicks on a computer.
[bctt tweet=”From paid spotlight ads to new creative tools, it’s becoming easier for companies to create interactive and engaging content with a few clicks on a computer.” username=”Fronetics”]
Here’s what’s been happening in July with your favorite social media platforms and how business are gaining more and more options for reaching new audiences.
Here’s your social media news for July 2018.
LinkedIn introduces new updates to LinkedIn Messenger
Along with some new updates to its news feed, LinkedIn made improvements this month to its messenger features. These features now include the ability to send attachments, incorporate images from screenshots, and start a group chat on the mobile version of LinkedIn messaging. LinkedIn says these updates will help professional conversations take on new formats — either more professional or more chat-like, depending on the needs of the user.
Facebook adds new creative tools for advertisers
Facebook introduced a new suite of creative tools for advertisers in its Ads Manager app that will make it easier for creators to build content from their mobile devices. Facebook writes, “These new creative tools allow you to create and edit ad images directly from the Ads Manager app, saving time and effort.” The suite also allows creators to fully customize ad templates and color filters to further branding opportunities for companies and improve the quality of ads within the app.
YouTube introduces searchable hashtags above video titles
YouTube has introduced a new way of displaying hashtags on its app — directly above the title of a video. Android Police states these hashtags are “clickable and will bring up a results page with other videos tagged with the same hashtag.” This new feature is currently only available in the U.S. but will give users greater access to video content by having hashtags prominently displayed above video titles.
Facebook debuts funded news shows
Anderson Cooper is headed to Facebook. On July 16, the social media platform debuted its first funded news show, including programming from ABC News, CNN, Fox News, and Univision. These programs will appear in a section of the Facebook Watch tab. “This section will feature news videos from national and local news Pages, and just like other sections in Watch, will be personalized based on the publishers you follow and what friends are watching,” writes Facebook’s blog.
Twitter testing promoted spotlight ads
Twitter is testing a new paid advertising option, Promoted Trend Spotlight Ads. These ads will allow advertisers to create a display banner at the top of the Explore feed for the first two times a user visits that day, before settling back into the Trends list. If approved, the new ad option will actually demote organic content pushing paid spotlight ads to the top of users’ feeds. Be on the lookout for the first trial ads coming from Disney in the new few weeks.
Facebook adds archive ability to Stories
Back in May, TechCrunch reported that Facebook was testing the ability to archive Stories, allowing users to save video clips after they expire to watch later or re-share on social media. Now other sources are reporting this update is becoming available to new users. Brands using Facebook Stories are particularly interested in this new feature, which would allow potential customers the ability to reference their content when making purchasing decisions.
Instagram publishes creator handbook
Questions about how to best promote your content on Instagram? Now we all have the answers. Instagram just published a 50-page Creator Handbook that covers tutorials, tips and tricks, suggested apps, and tools for creating and editing video. The guidebook, originally shared by Matt Navarra from the Next Web, will be extremely useful to brands looking to take their content to the next level, adding new features and editing capabilities.
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