Social Media Strategy Archives - Page 29 of 33

Companies have been active in social media for years. Today 97% of Fortune 500 companies are on LinkedIn, 84% are on Facebook and 86% are on Twitter. But those efforts were likely created in a piecemeal fashion. Different brand accounts were added for different reasons at different times. Objectives or options may have changed. Or you may be so focused on current social accounts you are missing out on opportunities elsewhere. How do you know you are posting the right content in the right places to drive the right consumer actions? Perform a social media audit.

Click here for an updated version of this template and post.

What Is A Social Media Audit?

A social media audit is simply a systematic examination of social media data. It is a snapshot of all social media activity in and around a brand evaluated for strategic insights. Why? Different organizational objectives and target markets may require different social media messages and platforms. Existing brand accounts may be wrong for current business objectives and new social media platforms may be ideal, but were never considered. Perhaps brand social media was started by marketing or public relations, but now customer service requests are overwhelming the system and increased integration is needed.

First Start By Listening.

Use social media tools to gather data about brand social media channels and content. Discover what consumers are saying about the brand, product, service, and key personnel in any social platform. Listen to what is being said by and about brand competitors. You may be monitoring social media daily, but simply responding to what comes your way.

Analyze the bigger picture. Qualify and quantify social media action looking for patterns and opportunity. Listen with an outside perspective to the social talk about your brand, employees, customers and competitors. Look on both official corporate social media accounts and unofficial or personal accounts.

If you don’t have a social media monitoring software or if you are a startup or student just getting started simply go to each social media platform and search the brand name to find the conversations. Look on official brand accounts to see what the brand is doing and look at the conversation happening on those official brand accounts.

Start with the social channels you know the brand has brand pages (they are probably listed on the brand website). Then search other popular social media channels the brand does not have official accounts to find additional consumer brand content. Do the same for one main competitor to find their social channels, brand content and consumer brand conversations. This Social Media Channel Template provides a list of top social platforms by category for ideas on where to look for official brand accounts and consumer brand conversations.

An audit need not capture every mention, but should gather a complete picture. Find conversation on all social platforms. Be sure to consider social networks, blogs and forums, microblogs, media sharing platforms, geosocial, ratings and reviews, social bookmarking, social knowledge, plus podcasts. This Social Media Channel Category Guide provides a quick guide to the top social media platforms in each category by kind and key characteristics.

Next Organize Social Talk Data.

When collecting social talk data it should be organized for meaningful analysis. This can be done by following a social media audit template such as the one I created from the concept of the Five Ws that journalists use to write news stories. Gather social talk into three categories of company, consumer, and competitor (down first row) then record observations by where, what, when, and why (across columns).

Collect and Analyze Social Media Audit Data by:

Who—company, consumers, competitors
Where—social media channel (YouTube, Facebook, Pinterest, etc.) and environment (describe the look and feel)
What—type of content (articles, photos, videos, links, questions, etc.) and sentiment (positive, negative, neutral)
When—frequency of activity (number of posts, comments, views, shares, etc. per day, week, or month)
Why—purpose (brand awareness, promotion, drive traffic, customer complaint, praise, etc.)

The number of rows under “Who” will vary based on the number of brand and competitor social accounts and the number of social media platforms where consumer brand talk is found. Larger organizations may need to divide the “Company” category further into departments, offices, or employees. Capture what each location or executive is communicating.

If the brand has an official social media account (such as Facebook, Twitter, Pinterest, etc) you place it under “Company” with its own row for insights. This is where you describe what the company is doing on those platforms. Under “Consumer” you should list all the social platforms where consumers are participating in discussion about the brand. If they are engaging on an official company social media account list it here and provide those insights in a row (such as Facebook and Pinterest). Also search the brand name and see what people are saying off the official account be sure to include that discussion as well.

If a brand has an account on a social platform and there is no consumer engagement (such as Twitter) then list it under “Company,” but don’t list it under “Consumer.” This may be a platform the brand may want to close. Search main platforms where the brand doesn’t have an account (such as Instagram). Are consumers talking about the brand? List that platform in a row under “Consumer” and describe what is being said. There may be a brand community but no official brand account and they may want to add this platform. For “Competitor” you don’t need to go as in depth to capture insights. Simply list each official brand account on a row and describe what the brand is doing and their customers are doing on those channels.

Then Determine What The Data Is Saying.

Does the data point to opportunities? Are there trouble spots? Do brand social media platforms present a consistent look, voice and unified message? Are customers complaining about similar product or service issues? Is the brand consistently posting quality content and consistently responding to customers? Are there social platforms where customers are talking about the brand, yet there isn’t an official brand presence? Is the social media channel a problem or an opportunity for a defensive or offensive social media strategy.

Determining the “Why” for each social action is important. If you can’t think of a strategic purpose then reevaluate the effort. Is maintaining a brand account on specific social media platforms worth the organization’s time? Once a purpose is determined, identify the social media metrics to measure performance. Ask questions such as, “Why does the organization have a Pinterest page and how is success being measured?” “Because everyone is there” and “to increase followers” is not enough. If you know the business purpose and metrics ask, “How has the platform performed? With roughly 10% of marketing budgets spent on social media it is more important than ever to connect social action to higher-level business objectives and justify expense.

Finally Evaluate Brand Engagement.

Are your consumer’s engaging with your brand? How are views, likes, comments and shares? Have they gone up or down over time? Advertising Hall of Famer Howard Gossage said, “Nobody reads ads. People read what interests them.” In social media reach is gained when consumers find content interesting enough to share. Quality content is important. Whether educational or entertaining it must be considered valuable. Only social media that is viewed and shared reaches an audience that can then take action to meet business objectives.

Today you can also interrupt people’s social feeds with paid social media or native advertising. Paid social media can buy reach to a targeted audience, but that does not replace the need to create interesting content. Social media advertising merely buys exposure. Content must convey value to drive consumer action, further distribution, and ultimate ROI.

Is It Time For A Social Media Audit?

If you haven’t evaluated your brand’s social media presence in a while it may be time for a social media audit. Use this template to see how consumers are experiencing your brand in social media. You may uncover some problem areas, promising opportunities, social channels you should be in and ones you should leave behind.

A social media audit can help you:

Realize the need for increased integration with other departments.
Find gaps in brand promise and product/service performance.
Uncover inconsistencies across brand social accounts.
Reveal blind spots in current social action with content, schedule and response.
Discover consumer ideas for product/service improvements.
Optimize brand content to drive engagement.
Find unexpected consumer generated content on other platforms.
Discover valuable brand or industry influencers.
Optimize time devoted to most effective social media platforms.
Learn from successful competitor social strategies.
Uncover a need for metrics to connect social action to business objectives.

Whether launching a new social media effort or evaluating current social activity, a social media audit can deliver valuable insights to create or optimize any social media strategy. For the latest changes in social media strategy consider Asking These Questions To Ensure You Have The Right Social Media Strategy.

77% of people in the US own a smartphone and now over half of all people in the world use a smartphone. One of valuable features of a smartphone to marketers is the location or GPS capabilities. Yet according to a Search Engine Watch survey only 22% of marketers are using hyperlocal strategies (like geofencing) to its full potential.

A geo-fence is a virtual perimeter set up for a real-world geographic area. Geo-fences can be created as a radius around a store and event or set to predefined boundaries such as a neighborhood or city district. Geofencing must be used via a mobile app with location services turned on or triggered by an event like a geotagged post on social platforms such as Facebook, Instagram or Twitter. Geofences can also be used to trigger mobile adds on popular apps that sell them.

The Salesforce.com blog tells us that the benefits of geofencing include increasing local sales by pushing notifications to customers in the area, improving analytics by measuring location based sales, time and frequency metrics, and adding personalization to highlight offers and messages to local preferences.

Best practices for geofencing.

Best practices for geofencing include not making the fence too large. Keep it to within a 4 or 5 minute travel time. Have a call to action that is concise, locally relevant and requires prompt response. Also, be transparent about privacy by letting customers know what and how their location information is being used. And target messaging by context (relief from downtown crowds), day-part (lunch time specials), and retargeting (customers who haven’t visited in a while).

Yet sometimes the best strategies come from thinking outside of the box. Mobile Marketing expert Rip Gerber suggest fishing where the fish are, which may not be around your store. Thus, other strategies may include building geofences around competitor locations to attract new customers with a special offer or using a geofence around an airport to attract tourists. Also think about using geofences near arenas and events to attract attendees.

More advanced geofilter strategies include adding additional data to make geo messages more relevant. A retailer could use browsing data from an app or website. For example, when a woman who was looking at formal dresses on her phone enters a store she could receive formal dress messages instead of general sales or promotion messages. In addition, consider more helpful messages, such as a hotel, shuttle or rental car app reminding a person before leaving an airport to check in online, book their shuttle or rent a car via the app. Helpful location based reminders could increase brand loyalty.

When offers or promotions are used be sure they are significant and important. Getting interrupted by a mobile notification to save 25 cents may be more annoying than motivating. Also keep track of frequency so that you don’t bug people. Both of these actions could lead to the customer turning off location services on an app, which prevents further location based notifications in the future.

Geofencing in social media apps.

A version of geofencing is Snapchat’s sponsored geofilters. This adds a branded illustration to user’s selfies based on location, which are then shared with friends or followers. These are paid, but small businesses can purchase custom branded geofilters for as little as $5. One strategy could be a promotion where customers must post an image with the brand geofilter to win – ensuring they have visited the location.

Sponsored geofilter ads can now be bought through Snapchat’s advertising API, which enables marketers to pair a sponsored geofilter with a Snap Ad. This enables strategies such as buying a geofilter and then retargeting Snap Ads to people who used it. There is also integration with Snap Ad analytics dashboards to measure performance and geofilter brand templates can be created that then are easily customized for specific locations.

Other location based social strategies include leveraging geotagging in social media platforms to improve social strategies. For example create of geotag location names for local businesses, events or attractions. This can be done for Facebook and Instagram though Facebook Places. Instagram expert Jenn Hermman explains that customers who click on a geotag location see all other posts to the geotag, which can showcase brand products and services and help reach new customers through location search.

Geotagged posts also allow brands to source user generated content (UGC). Reposting these publicly shared brand experiences shows customers the brand is listening, appreciations their contributions, and presents an often more believable perspective of the brand. Just ensure you get permission first before sharing.

Geofencing brand examples.

What brands have used this strategy and practices well? American Eagle used location-relevant messages sent at the ideal time of the day to improve purchase behavior by 65%. Domino’s used geofencing around hotel locations to trigger local mobile ads offering ordering for the nearest locations. And a national fast food pizza chain used geofences around store locations to trigger a two-for-one take out deals. Notifications were delivered during rush hour, limited to users who had previously made online orders, and frequency was capped at a max of one message every three days. The result was an increase of 21% in the daily takeout orders.

How can you use geofencing and geotagging to improve your social media strategies?

For the latest changes in social media strategy consider Asking These Questions To Ensure You Have The Right Social Media Strategy and its a good idea to Perform A Social Media Audit at least once a year.