Showing posts with label social media trend. Show all posts
Showing posts with label social media trend. Show all posts

Friday, January 18, 2013

7 Social Media Trends for Consumers: New Research


#1: More Time Invested in Mobile

The survey found that consumers are increasingly looking to their smartphones and tablets to access social media.
While the PC is still the most widely used device when it comes to social media consumption, the study found that time spent on mobile apps and mobile websites accounted for a 63% increase (compared to 2011) in total time spent.
Additionally, 43% of users said they use smartphones to access social media, while 16% connect using a tablet.
social is mobile
Mobile and particularly apps are where people are spending their social networking time.
Key Takeaway: When it comes to consuming social content, it’s all about mobile. For marketers, that means that mobile has to be your top content priority this year.

#2: Pinterest Usage Continues to Rise

Pinterest continues to experience exponential growth since its launch in 2011. The platform had the highest increase in audience and time spent of any social network across all devices such as PC, mobile web and apps.
spotlight on pinterest
Pinterest continues to be the most popular social networking site on the Internet.
In addition, a May 2012 Harvard Business Review article titled, “Moving customers from pinning to purchase,” states that:
“Pinterest users reported a surprisingly high correlation between pinning and subsequent purchasing: more than 1 in 5 Pinterest users has pinned an item that they later purchased. In the social world, this is a high conversion rate.”
Key Takeaway: As a marketer, remember that product photography is more important than ever when trying to persuade Pinterest shoppers to pin and buy your hottest-looking items. Capitalize on their shopping experience and make your profile as creative and visually engaging as possible.
Also, don’t forget to engage with people who have pinned your items to see if you could nudge them into buying something!

#3: Social Networking Generates Positive Sentiments

One of the most interesting findings in this survey was that 76% of participants said they experienced positive feelings after engaging in social networking.
Some of the words used to describe how they felt were: informed, energized, excited, connected and amused. However, 21% reported negative sentiments after social networking; examples are overwhelmed, anxious and wasted time. 24% remained neutral.
social networking sentiments
Consumers generally feel good after engaging in social media.
Key Takeaway: Social media is saturated with sentiment-rich data. Every update, tweet, blog comment or online review is a critical source of data that can inform your CRM program. As a marketer, you should be very interested in gathering and analyzing sentiment data to see if your social messages are producing the desirable outcomes you’re looking for.

#4: Twitter Drives Social TV

Twitter has emerged as the most powerful driver of ‘social TV’ interaction. That means when people are watching the Super Bowl, American Idol or the elections, they are simultaneously using Twitter to share their thoughts and experiences with friends.
In June 2012, a third of active Twitter users tweeted about TV-related content, which was up from 26% at the beginning of the year.
social tv
Tweeting while watching TV is becoming a very popular social phenomenon.
Key Takeaway: Social TV is still a new concept for marketers. However, considering that an average of 43 minutes are spent each day watching TV (HubSpot), and that many of those viewers are then sharing their experiences online, marketers shouldfind ways to align any TV advertising with their online strategies (e.g., incorporating hashtags or tweetable sound bites in their TV commercials). This prolongs the conversation about brands beyond the TV, while allowing for extended word-of-mouth marketing.

#5: Social Care is the New Customer Care

Social care is a way for companies to provide regular customer service through social media platforms. The study revealed that one in three social media users prefers social care to contacting a company by phone.
Consumers use a variety of channels for social care. For example, they are most likely to comment or ask a question about a company’s products or services on the company’s Facebook page (29%), on their own personal Facebook profile (28%), on official company blogs (15%), on Twitter (personal handle – no mention of company, 14%) and on Twitter (company’s handle, 13%).
social care vs telephone
Social care is transforming the way brands respond to customers.
Key Takeaway: Social media has conditioned consumers to get immediate feedback. As a marketer, the risk of failing to meet such high expectations is not just losing customers, but having negative comments about your brand blasted around the user’s network and their friends’ networks. If you can get social care right, you will create a wide gap between your brand and your competition.

#6: Mixed Feelings about Social Ads

Another interesting finding was how people react to social ads. While 33% of people surveyed find ads on social networks to be annoying, 26% are more likely to pay attention to an ad posted by a friend.
Generally a Like is the most common action taken after seeing a social ad (26%), followed by a share (15%) and a product purchase (14%). As far as demographics go, the study found that Asian-American consumers were the most likely to respond positively to social ads, while white consumers were the most likely to be turned off by social media advertising.
not listening
A lot of people find social ads annoying, especially if the ads are not relevant to them. Image source: iStockphoto.
Key Takeaway: Because advertising on social media is more annoying than other digital areas, marketers should proceed with caution and make sure their ads are highly relevant and targeted. On the bright side, many people don’t mind social ads if they’re tailored to suit personal tastes and interests. This presents a great opportunity for marketers to raise brand visibility.

#7: Social Listening a Key Consumer Activity

Social media is transforming the way consumers around the globe make purchasing decisions. Consumers are using social media to listen and learn about other consumers’ experiences (70%); find more information about brands, products and services (65%); and compliment brands (53%).
social listening
Most social media users are listening to other people's experiences.
Key takeaway: We tend to think of social listening as something only marketers and research analysts do. However, it’s interesting to see that consumers are also active listeners. This is an opportunity for marketers to educate consumers through compelling content, improve customer experiences (using social care) andmaintain strong customer relationships to uphold a positive brand image.

Wednesday, May 16, 2012

The Future of Social Media Relevance – Mobile, Niche, Meaning?


A friend of mine recently joined Facebook. He’s tech savvy, but had always resisted being part of the 900 million people around the world who are already on Facebook. He found the mobile applications for Facebook to be severely lacking as he was used to the immersive user experience on Flipboard, Path, Instagram and Twitter. Plus, he doesn’t see additional value with connecting with more brands on Facebook.
Could his experience be a sign of what social networks need to be mindful of in order to stay relevant?


Staying Mobile


Mobile is the future and will be the cornerstone of all our activities in the future- and I’m not just referring to the future of social media usage alone. Mobile payment solutions and Apple’s recent patent filing for iPhones to turn into universal remotes are just a peek at the future which our smartphone can promise.
Twitter has the help of robust third-party applications to keep the tweet flow going. Path has a beautiful user interface and Instagram has one which just works. Instagram didn’t see a need to have their own dedicated website- and yet it has no problems at attracting a larger user base
and getting sold for a billion dollars.

It is therefore a disappointment that Facebook’s mobile applications are currently not as robust as their desktop counterparts. It is a problem which Facebook can’t afford to ignore for long if it wants to remain the king of the social networking game in the future of social media- especially with the increase in penetration of smartphones around the world.

 

 

Staying Niche


Path, Pinterest, Glancee, and Instagram have succeeded at being engaging through their niche features. Instagram’s popularity was attributed to its niche at not just being able to make photos look different with its filters- but also sharing it with a community which appreciates them equally.
You don’t need to attempt to have every social feature on the block to succeed. This is especially apparent in the future of social media. Sometimes, the most minimalistic offering can be the most innovative- and if they can fill an unmatched gap, you’re in business.

 

 

Staying Meaningful


The truth is, our attention span on the internet is getting shorter and shorter- simply because we are continually exposed to a plethora of information every day.
I’m used to seeing a flurry of updates on my various social media profiles from brands which are touting their latest promotions, or asking me to submit my best vacation photo to win a holiday trip to the Caribbean. When was the last time you actually liked or followed a brand because they had meaningful value for you?
According to the Meaningful Brands research study in 2011, nearly 70% of consumers globally will not care if brands disappear overnight.
If you want to capture the attention, hearts, and minds of your audience, it is important to start thinking about meaningful value can add value to your customer’s life. That is the challenge brands and marketers would have to contend with in the future.

 

“I’m overwhelmed by the number of social media platforms now. I don’t need another one.”

That was a remark the very same friend made as he was looking at the mobile applications he had of various social media platforms. Will the future promise hope in helping us to cut the clutter and finding the platforms which will really matter? Eventually, only time can be the ultimate judge.