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At Boundless, we know that Twitter is a powerful tool to help businesses grow and share information about it’s products and services. But lately, one of the big questions facing social media giant Twitter ahead of its New York Stock Exchange debut this week is how much money it could actually make for investors.

Here is an interesting article we found and wanted to share.

“We have incurred significant operating losses in the past, and we may not be able to achieve or subsequently maintain profitability,”the company writes, in its business prospectus.

Twitter expects revenue growth, but that it will be slow. We’ve written before on how it’s planning on cornering mobile advertising as its main revenue booster. These user numbers a new Pew/Knight study out this week help its argument.

Even though Facebook dwarfs Twitter in the number of users (Facebook’s at more than one billion to Twitter’s 200 million), the study shows those who consume news on Twitter are younger, better educated and more mobile than Facebook news consumers. That’s a huge selling point for Twitter in its bid to lure advertisers.

“Mobile devices are a key point of access for these Twitter news consumers. The vast majority, 85%, get news (of any kind) at least sometimes on mobile devices. That outpaces Facebook news consumers by 20 percentage points; 64% of Facebook news consumers use mobile devices for news. The same is true of 40% of all U.S. adults overall, according to the survey.

Twitter news consumers stand out for being younger and more educated than both the population overall and Facebook news consumers.

Close to half, 45%, of Twitter news consumers are 18-29 years old. That is more than twice that of the population overall (21%) and also outpaces young adults’ representation among Facebook news consumers, where 34% are 18-29 years old. Further, just 2% of Twitter news consumers are 65 or older, compared with 18% of the total population and 7% of Facebook news consumers.”

The study is based on survey data and a multi-year data analysis of tweets around news events.

That this group relies on Twitter as a “second screen” during major news events means Twitter can promise advertisers an “in” to target certain groups at moments they’re paying attention. The mobile-first behavior also plays well into the company’s revenue plan, as it recently acquired MoPub, the world’s largest mobile ad exchange, as a way to sell mobile ads that target their dedicated users based on data that Twitter has collected from them.

 

Source: http://www.npr.org/blogs/alltechconsidered/2013/11/05/243221309/one-reason-twitters-confident-about-its-ad-possibilities

For more on Twitter’s business prospects, check out Joe Hagan’s piece from New York Magazine,

What’s Next for Content Marketing and SEO?

Increased focus on content will provide new challenges as more businesses invest in the area. Competition for those lucrative top spots in organic search results, is likely to increase further as more and more businesses adopt a content focused strategy. More competition in paid search too, means that budgets will need to increase in order to support the higher bids necessary to maintain visibility.

As social media reaches full maturity, so the techniques being used to
build and grow communities will need to be revised and sharpened in
order to rise above the hubbub

When it comes to social media, in order to rise above the high level of noise generated by increased adoption, boosting visibility will become even more crucial. Paid advertising, for example promoted posts and Facebook ads, will become increasingly necessary in order to reach customers. This means that companies who choose not to invest in this area and SMEs who simply don’t have the resources, will gradually loose out to competitors with deeper pockets.

Branding will become ever more important as businesses need to stand out from the competition. Smaller businesses whose activities are not currently strategically driven, will need to up their game in terms of both understanding and conveying their USPs and they will also need to get smart about how they measure their success and how they devise actionable insights.

If small businesses can remain both creative and agile, they will be able to grow their communities and more importantly, they’ll be able to leverage the power of those communities to their advantage. I’m pretty certain then that in 2014 we will see more investment into not just content marketing and relationship building, but into branding too.

Whilst opportunities will continue exist for those of us not lucky enough to have an internationally recognizable brand or large budgets, It’s not going to be easy. As 2014 progresses, small businesses will learn that investing in content marketing and developing their brand isn’t optional, it’s something they have to do in order to maintain their online visibility.

Marketing Insights for 2014

  1. Greater competition as the volume of content being published and promoted online continues to increase, making paid search more necessary
  2. Increased need to differentiate, making branding all important
  3. Increasingly necessary to pay for social media advertising alongside existing organic activities
  4. Social media continues to be an important communications with Increased adoption of Pinterest, particularly for online retailers and increased business adoption of  YouTube
  5. Responsive design will become even more widespread as the use of mobile devices for browsing the internet continues to increase
  6. Greater use of location based marketing, primarily Google Places/Google+ local
  7. Smarter metrics necessary in order to obtain clearer insights and more accurately measure ROI
  8. Strategically driven activities will become ever more widespread as social media reaches maturity
  9. Creativity, agility and innovation will become more important in helping marketers to grab and hold the attention of their audiences

What’s your priority on Facebook? Think about your personal use of Facebook for a moment. Now ask yourself this question: When was the last time you opened up Facebook to: Make a purchase or a donation? Find out the latest news from a brand? Connect with your friends? If you’re like most people, you’ve never done No. 1 or No. 2, and you always do No. 3.

(Source: http://www.socialbrite.org/2013/10/02/the-one-simple-facebook-mistake-most-nonprofits-make/)

So Facebook is about friends connecting with friends, as shown above in this graph from the Atlantic. The biggest mistake that companies make is forgetting that for most, Facebook is all about connecting with friends . So the next time you make a Facebook post or launch a Facebook campaign, think about how you can make it about your community rather than about you.

 

This chart says it all:

If you’re using anything other than bit.ly to shorten your links – certainly if you’re using TinyURL – you’re actually hurting your brand. For a long time Bit.ly was Twitter’s URL shortener of choice and that recommendation, plus the stats and convenience that bit.ly provides, make it nothing less than essential for those looking to get their content re-shared. And while the bit.ly interface isn’t quite as slick as it used to be, it’s still the only URL shortener you should be using.

Tip: the bit.ly sidebar is super-convenient.

When working in an industry like social media you can’t create strategies for the present. By the time you complete your marketing strategy, all the tools and networks you rely on will have changed. In order to be strategic and be ahead of your competitors, you have to look into the future. What trends are on the horizon for social media? What’s coming next that we need to prepare for? Here’s what we think:

Step 1: Build an Ark

Nobody should “own” social media strategy in your organization. Social impacts all corners of the company, and should be more like air (everywhere) than like water (you have to go get it). Thus, the first step in the process is to create a cross-functional team to help conceive and operate the rest of the strategy.

 

Step 2: Listen and Compare

It’s an old social media strategy chestnut by now, but “listen” is still good advice that’s often ignored. The reality is that your customers (and competitors) will give you a good guide to where and how you should be active in social media, if you broaden your social listening beyond your brand name.

 

Step 3: What’s the Point?

Yes, you can use social media to help accomplish several business objectives. Butthe best social media strategies are those that focus (at least initially) on a more narrow rationale for social. What do you primarily want to use social for? Awareness? Sales? Loyalty and retention? Pick one.

 

Step 4: Select Success Metrics

How are you going to determine whether this is actually making a difference in your business? What key measures will you use to evaluate social media strategy effectiveness? How will you transcend (hopefully) likes and engagement? Will you measure ROI?

 

Step 5: Analyze Your Audiences

With whom will you be interacting in social media? What are the demographic and psychographic characteristics of your current or prospective customers? How does that impact what you can and should attempt in social media?

 

Step 6: What’s Your One Thing?

Passion is the fuel of social media.

It doesn’t matter who you are, or what you sell, your product features and benefits aren’t enough to create a passion-worthy stir. How will your organization appeal to the heart of your audience, rather than the head? Disney isn’t about movies, it’s about magic. Apple isn’t about technology, it’s about innovation. What are you about?

 

Step 7: How Will You Be Human?

Social media is about people, not logos. 

The mechanics of social force companies to compete for attention versus your customers’ friends and family members. Thus, your company has to (at least to some degree) act like a person, not an entity. How will you do that?

 

Step 8: Create a Channel Plan

Only after you know why you’re active in social at all, and how you’ll measure social media strategy success should you turn your attention to the “how” of Facebook, Twitter, Tumblr and the rest. This channel plan should be distinct, in that you have a specific, defensible reason for participating in each.

 

Sharing your posts via social media should be one of the first things you do when you are looking to showcase new content on your blog. It is important to share these updates on social media sites because it builds brand awareness, helps to increase traffic on your website, and is great for reader engagement.

 

Here are a few tips to help you make the most of your blog posts to successfully promote yourself.

  •  Select what social media platforms you want to use to help promote your blog. Base your choices on what works best for you and what you feel comfortable with, but try to choose more than one type of social media platform, this will allow you to reach a variety of readers. Facebook is wonderful for promoting new content with text and image, Twitter is great for short and sweet bursts of information and links, and Pinterest is mainly used for eye-catching images and graphics.
  • Write as if you are sharing information with a close friend; blogs should be informal, simple, and friendly. Writing like this makes it a little more fun and you don’t feel so pressured to come up with super structured dialect.
  • Ask questions you genuinely want answered and don’t be afraid to interact with your readers. A lot of people are probably visiting your blog because they have interest in your posts and what you have to say, so conversation should flow pretty naturally.
  • Update your blog regularly! Keep people interested in your website by providing new content as often as possible.

 

In the end, if you feel good about what you are posting on your blog, share it! Once you develop your own little online community, people will be watching for your updates. It may feel a bit forced or uncomfortable at first, but practice does help.

 

 

Source: http://www.hollymariedesigns.com/promotion-social-media/

Picking your brand colors



How to work with the NEW Facebook Business Timelines and get an ROI on your Social Media!

April 4th 11am-2pm OR April 13th 9:30am-12:30pm 2012 Social Media Class flyer April

What you will learn:

Facebook-

  • How to utilize the new Facebook Business Timeline
  • How to create a Welcome tab
  • Engage with people that “Like” your page
  • Making your profile stand out
  • Implementing keywords in your Facebook business page

Twitter-

  • How to use # marketing with your tweets
  • How to utilize Hootsuite to interact with your followers
  • How to increase your followers by using Twellow

LinkedIn-

  • How to find groups and interact with them
  • Adding new connections
  • Implementing your keywords within your profile

When: April 4th 11am-2pm AND April 13th 9:30am-12:30pm

Where: Egg & I 80th and Sheridan

Cost:  $67

RSVP: Marketing@TheBIMSTeam.com 


Email us the class you are attending, Marketing@TheBIMSTeam.com