Does The Shoe Fit? How To Make Your Social Media Marketing More Strategic in 2023.

May 4, 2023May 7, 2023 ~ K. Quesenberry ~ Leave a comment

In the 2023 CMO survey, 17% of marketing budgets are spent on social media and this is expected to increase to 20% this year. With increased spending, it is more important than ever to ensure you are spending that money effectively and efficiently. Placing the wrong content on the wrong platforms can be like showing up to a track meet with dress shoes or a wedding in track spikes.

What does the wrong content look like?

Let’s say you’re an apparel company and your audience believes your brand is out of style. You won’t convince them with Tweets about quality materials. High quality images of your new styles on Instagram and collabs with fashion influencers on TikTok would be a better fit. Yet a Twitter post sharing stats and facts about climate change could be good for a nonprofit cause that supports the environment.

When considering social media platforms, think about the kinds of content that will work best and the platforms ideal for that type of content. A good way to think this through is to first answer these three key questions about your target audience:

What does the target audience currently think?
What would we like the target audience to think?
What visual/verbal message will move them from one to the other?

Why is the right place, for the right people important?

Getting the right content in front of the right audience at the right place is key. People go to different platforms for different reasons and may be in different stages of the buyer’s journey. You don’t want to squeeze a longer how-to video for current customers into a short Facebook video trying to attract new ones. Current customers would be searching for tutorials on YouTube.

Also, consider that different target audiences spend more and less time on different platforms and different products and services require different content. A gum brand like Orbit doesn’t need a tutorial or testimony, but for a business software service company like IBM tutorials and testimonials work. Each requires specific types of content to shift thinking.

How do I plan out the right content for the right platform?

The social media content planning template below considers different types of businesses or industries such as finance or fashion that tend to require different types of content.

First, decide your industry sector or category. Research and list the types of content customers in that industry market tend to seek. You can do this with consumer reports from market research firms like Mintel, conduct your own surveys, or simply talk to current customers and/or your front end employees and salespeople. They are the closest to your customer’s questions and needs.

Next, consider that your target audience may also need to see different types of content based on the stage in the buyer’s journey. Take your long list of content ideas and categorize by buyer’s journey stage:

Awareness
Interest
Consideration
Conversion
Use
Opinion
Sharing

Finally, consider the type of content appropriate for your industry, ideal customer, and stage. Keep in mind the following categories of types of social media content:

Educational
Interactive
Inspirational
Authentic
Entertaining
Promotional

This social media content planning template presents what we just discussed with example types of content under each category to help jump start your thinking.

Don’t let another day go by this year before considering if you’re sharing the right content in the right places to improve your social media marketing.

A social media content planning template can help you brainstorm content for your client, company, or organization based on the industry and content needed in the buyer journey stages.

This could be especially useful after conducting a social media audit. To turn audit recommendations into a social media plan, use the content planning template above to brainstorm types of content for the most effective and efficient social media.

Does the shoe fit when it comes to your social media marketing content and platforms in 2023?

Has Your Social Presence Ballooned? How To Select Social Media Platforms Based On Strategic Fit.

March 31, 2023March 31, 2023 ~ K. Quesenberry ~ Leave a comment

It’s hard not to get caught up in the hype of social media. As marketers, we love shiny new objects. When something new comes along we feel we and our brands must jump in or get left behind. FOMO is real.

We also tend to not want to let go of things of the past. If we’re not careful we end up with a budget and resources stretched thin between new platforms and old ones as the list of social icons on our websites and our profiles grows. Slowly some or much of our social media may be missing the mark.

Being An Early Adopter Has Its Benefits.

Jumping into a new social platform can have benefits such as growing an early following before the platform becomes too crowded and becoming known as an expert. That can pay off professionally for personal branding or for company brands such as The Chicago Bulls who were one of the first pro teams on TikTok. But social platforms can also rise quickly like Meerkat and Clubhouse only to go out just as fast.

It’s important to note that the Bulls were early adopters of TikTok, but they didn’t jump in with their previous message, content, and audience. They first took time to make a strategic decision to invest in a new target audience with content relevant to that audience and the platform. Instead of a Bulls brand account aimed at current fans, it was team mascot Benny The Bull’s TikTok to draw younger new fans.

Win On Paper Before Going To Battle.

Marketing icon Philip Kotler says, “You should never go to battle before you’ve won the war on paper.” First, know or remind yourself of your strategy. What are your main goals? Who is your main target market? What are the key insights you know about them? What main action do you want them to do? What is your main message or idea?

Armed with your marketing objectives, target audience, key consumer insights, and brand message/idea select the optimal social channels to implement your social media strategy. Think of each social channel as a well-placed source to launch or continue a social media plan in the right direction.

Research key social platforms collecting descriptions of the central characteristics (size, content, users, and ad options). Also, consider organizing them in categories such as social networks, blogs, microblogs, media sharing, social bookmarking/knowledge, ratings and reviews to determine the channels of your social strategy.

To gain full appreciation join the platforms as a user and become a firsthand witness to the unique social experience. Think of each as a current or potential brand community and ask some key questions.

For each social media platform ask:

What benefit do users get from being part of the current brand community?
What are the benefits of joining a new brand community on this platform?
How’s the brand community on this platform unique from other platforms?

Right Message, Right People, Right Environment.

Keep marketing objectives, target audience, consumer insights and main message/idea in mind. Look for the ideal channels to deliver brand messages and engage the target audience to convey the right message to the right people in the right environment.

Avoid wasted effort chasing every new social platform or assuming the biggest is the best. Add new channels that make sense for the content and consumer while leaving behind social platforms that may not be serving a strategic purpose. A social media audit is a great tool to help with this pruning.

Consider these questions for each platform:

How active is our target audience on this platform?
How will we communicate our message big idea on this platform?
What do we want them to do on this platform?

Remember that a social platform is not the right choice simply because it has the most users. Social media has matured. Most people today have multiple social media accounts and different groups of people are active at various levels on different platforms for different reasons.

It also depends on what you are trying to accomplish—your marketing objectives. Is the social platform’s environment right for the brand, message and cal to action?

Select Social Platforms Based On Content Fit.

When considering social media platforms, think about the kinds of content that will work best and the platforms ideal for that type of content. Those who are familiar with industry standard creative briefs will recognize the usefulness of considering the three questions below.

Determine your content message by asking:

What does the target audience currently think?
What would we like the target audience to think?
What will move them from one to the other? (big idea/main message)

The big idea and main message are what you need to get in front of your target audience. That may require specific types of content to shift their thinking.

If you’re an apparel company and your audience believes your brand is out of style, you won’t convince them with Tweets about quality materials. High quality images of your new styles on Instagram and collaborations with fashion influencers on TikTok would be a better fit. Yet a Twitter post sharing stats and facts could be good for a nonprofit cause.

Too many social icons clogging up your profile or website?

Social media bloat can tighten your resources and get in the way of achieving your goals. If you’re not talking to the right people on the right platforms with the right content and message, you won’t be efficient or effective. Is it time to review your strategy and let the air out of some social platforms?

Social Media Is Maturing: Has Your Strategy?

January 31, 2023February 3, 2023 ~ K. Quesenberry ~ Leave a comment

I remember the days when we called digital media “new media.” My undergrad studies and half of my career were focused on traditional mass media. Our ad campaigns for marketing clients consisted of TV, print, radio, out-of-home, and traditional PR. New media was websites and banner ads.

Then more interactive social media came along and we began to experiment with social for clients. Social media was also called “emerging media” in a class I had in grad school. Strategy was all about getting more followers to brand pages for this new “free media.” ‘Like us on Facebook,” was the message and the goal was to increase brand page followers.

Social was still “new” and “emerging” when I began teaching social media marketing in 2011. Twelve years later it has changed quite a bit. I look a little older since that first social media course, and so does social media. I don’t know if social media is having a midlife crisis, but it is slowing down. The days of double-digit increases are behind it as new user growth has stalled.

Slowed growth of social media called for different strategies. Photo by Song Kaiyue: https://www.pexels.com/photo/slow-signage-2029478/

Facebook user growth averaged 15% from 2013 to 2017 but slowed to 8% from 2018 to 2021. In 2021 growth was just 4%. Except for the 2020 Pandemic lockdown, Twitter’s user growth has been under 10% in the past 8 years with 7 being under 5% and negative growth projected for this year. After years of hiring sprees, the world’s biggest tech companies have laid off 150,000 workers in recent months.

What Does This Mean For Social Media Strategy?

This doesn’t mean you ditch your current reliable social strategy to run out and buy a midlife crisis convertible. But you may need to reconsider your social media vehicles. Because a social platform made sense 10 or 5 years ago doesn’t mean it’s the best choice today. You may also need to expand your fleet of platforms.

Facebook is still the biggest, but your target audience may be spending more time elsewhere. More people are active on more platforms but have not increased their overall time with social media. Many thought Snapchat would lose a lot of users to Instagram when it added Snapchat-like features. Instagram did grow but Snapchat users remained consistent.

People didn’t leave one platform for the other, they divided their time between each. With social media maturity, people are adding new social platforms, but keeping their existing ones. Today, the average person uses 7 social platforms each month. TikTok is the lasted social media star, but people still take the other platforms out for drives.

Social Media Is Following The Product Life Cycle.

These signs indicate social media has reached the maturity stage of its product life cycle. In marketing, the product life cycle describes the four steps a product or service goes through once introduced to a market from introduction to growth, maturity, and decline. Marketing strategies change with the stage you’re in. When a product or service, like social media, reaches the maturity stage, growth slows, competition increases, and strategies must evolve.

The graph below shows how social strategy began with experimental budgets building early adopter brand followers. As social grew audiences became more mainstream, requiring social ads for crowded newsfeeds, engagement with user generated content, and measurement of ROI for sales. Now budgets are significant with expected returns. Strategies are complicated with multiple social platform use, social ads, UGC, influencer marketing, and social selling.

**Social media has reached a maturity stage that requires different strategies and tactics. When planning social media strategy consider which stage your brand is in.**

From 2012 to 2017 daily time spent using social media grew by 9% each year. In the last five years that growth stopped with an average increase of less than 1% a year. We’ve spent the same 2 ½ hours a day with social media since 2018. As people added social media platforms, they didn’t spend more time on social media.

This maturing puts more pressure on individual platforms to compete for existing users instead of new adopters of social media. It also increases competition between brands to reach that audience with less ad inventory leading to increased costs. Social media marketing use has stayed at 92% in the last three years, but social media ad spending rose 38% to $67.4 billion representing 24% of all online ad spending.

Mature Social Media Means Asking Different Questions.

For social media strategy the question to ask is no longer “What social media platform is my target audience on?” but “What social media platforms are my target audience most active in?” Monthly active users (MAUs) matter, but more context comes in considering other data such as daily active users (DAUs). The table below shows a comparison of top social media platforms globally, in the U.S., by generation, and frequency of use.

Depending on the data you emphasize top social platforms change. Facebook is top for global monthly active users, share of social platform visits in the U.S., and for Gen X (age 43-58). Yet for monthly active use by Gen Z (age 11-26), YouTube rises to the top for both monthly active users and daily active use.

Globally, social platforms like WhatsApp and WeChat show up on the top 6 list, but in the U.S. Twitter and Pinterest get more use. For Gen X, LinkedIn is on the list, but Snapchat and TikTok are not. Pinterest makes the top 6 list for Gen Z monthly active users, but Twitter is higher for daily active use.

The complications of the maturity stage are less daunting when you realize a more focused strategy means you don’t need to reach everyone on all social media platforms. Strategies must be more nuanced to be effective and efficient. Search for the target audience’s daily driver social apps.

Facebook, YouTube, and WhatsApp, may work in some global markets, but Facebook, Pinterest, and Twitter would be better in the U.S. Until you consider age. Facebook, YouTube, and Instagram may be right for a Gen X target audience, but YouTube, Snapchat, and TikTok may be a better choice for Gen Z. Social media strategy must be unique to the brand’s markets, objectives, and target audiences.

How have you noticed social media strategy changing in the last decade? If you need a tune up for your strategy a good place to start is conducting a social media audit. I explain how and include a template in my article “Social Media Not Meeting Expectations? Perform a Social Media Audit.”

The Future of Digital And Social Media Marketing With Web3.

July 15, 2022December 3, 2022 ~ K. Quesenberry ~ 1 Comment

You’ve probably heard a lot about Web3 and related terms such as NFTs, blockchain, and crypto. What are they? Web3 is still emerging but basically is a decentralized version of the world wide web. Web3 is being built on blockchain technology, cryptocurrencies, and NFTs making the Internet more assessable, secure, and private. The image below by Cointelegraph describes the evolution from Web 1.0 to Web 2.0 and Web3.

Blockchain is a distributed database that maintains a secure decentralized record of transactions. Cryptocurrency is a virtual currency secured by blockchain. Non-Fungible Tokens (NFTs) are assets based on a blockchain with unique identification codes. NFTs can represent physical assets like artwork, real estate, or a ticket to an in person event. They can also be used to represent digital artwork, in-game items, or access to special privileges.

How does all this impact digital and social marketing communications? Web3 will give users more ownership of their data and how it is used. This means marketers will have less access to data from consumers and will need more creative strategies to reach their target audiences. They’ll need to be more transparent about their data practices and will need to provide incentives to collect data from consumers.

HubSpot predicts that as Web3 takes hold there will be a shift from large social media platforms earning profits from content creators to content creators owning and controlling their own content and profits. This means marketers may need to shift from purchasing ads on platforms like Facebook and YouTube to forming more relationships with content creators.

Cryptocurrency and NFTs offer new forms of incentives for brands, their customers, and their audience. Brands could create their own crypto and unique digital assets such as NFTs to reward consumers for sharing their data, spending time on the brand website, responding to surveys, or helping to create new products and services.

Web3 opens up creative possibilities way beyond traditional rewards programs. Gamification rises to new levels when rewards can come via brand tokens based on crypto. As we head into a cookie-less future this may be the new way to collect consumer digital data. It can also help marketers plan for the third-party cookie phaseout.

A cookie is the data generated by a website and saved by your web browser to remember information about you. For years cookies have meant that consumers don’t have to reenter information when visiting websites and they can receive more customized communications and offers. It has also enabled marketers to collect enormous amounts of data about consumers which makes targeting more effective and efficient.

Yet growing concern over Internet privacy and the emergence of Web3 is leading to a phase out of third-party cookies. For example, Google announced a phaseout of its third-party cookies in late 2023. Safari has blocked third-party cookies by default since 2020. In June 2022, Firefox rolled out total cookie protection by default on all its browsers signaling the shift from third-party to first-party data.

Experts say marketers will have to increase their first-party data strategy by enhancing data collection and management. This includes more transparent communication with customers and making a case for the value and personalization they will receive for sharing their data with the brand. Salesforce has recently announced a product that may make this easier. NFT Cloud will enable Salesforce’s customers to mint NFTs using their CMR and offer them as rewards or sell them on current brand eCommerce websites.

Another option is to turn to new emerging identity solutions like Unified ID and IdRamp. They allow advertisers to reach people who have opted-in to tracking. Yet, marketers will need to make the case to users why they should opt-in. What value will they receive in exchange?

Even then, there may be a sizable part of the population who will simply decide they don’t want to be tracked on the Internet anymore. Marketers also need to prepare strategies to reach people without tracking them. Melinda Han Williams, Chief Data Scientist at Dstillery says, “The good news is you don’t need to know who someone is to know whether they’d be receptive to your message. Today’s artificial intelligence (AI) enables marketers to choose best impressions rather than the best users.” We don’t need to know everything about a user to target customers effectively.

Some examples of brands leveraging Web3 are Nike, the NBA, and Chipotle. Nike purchased RTFKT Studios in 2021 and began making NFT sneakers. Their first collection called CryotoKicks Dunk Genesis sold 600 pairs in 6 minutes for a total of $3.1 million. Once brand fans own them, they can customize them using skin vials, created by different designers that add special effects and patterns.

The NBA created virtual trading card NFTs featuring brief highlight reels of top players. The cards can be bought and sold online building the NBA brand community around collecting and trading cards of fan favorite teams and players.

Chipotle offered rewards for the first 30,000 fans that visited their metaverse restaurant in Roblox. They were given vouchers for burritos at real-life Chipotle restaurants.

How will your brand shift your digital and social strategies to prepare for Web3?