Thursday, 16 January 2014

The End of Storytelling: 3 Ways to Boost Conversions with Story Building by Rachel Serpa

Once a marketing buzzword of note, “storytelling” has lost steam in the face of social media. When consumers hold the power to tweet about the nasty waitress and pin photos of that fantastic filet mignon directly from the table, brands’ reputations precede them. Not to mention, gone are the days when consumers were content to sit back and field marketing messages – today, they demand to be part of the conversation.
Smart brands have realized that their stories are no longer their own, but are built at individual consumer levels based on social opinion and series of interactions. Here are three ways your brand can close the book on storytelling and start generating revenue with story building.

Let your customers do the storytelling.

Customer reviews are trusted 12x more than descriptions that come from manufacturers (Brick Marketing). Give consumers plenty of opportunities to provide and share valuable feedback via features like Comments and Ratings and Reviews. Letting customers tell their stories serves to build your brand story in a way that is sure to grow customer acquisition at a faster clip than flowery marketing speak. Fostering this level of transparency among your customer base will add a layer of authenticity to your brand story that is sure to boost consumer trust.

Personalize user experiences.

Leverage permission-based social data – which can be gathered by allowing users to login to your site or app using their existing social media accounts – to create more relevant and timely user experiences. For example, if an online journal knows a particular customer has children, it could surface articles related to parenting to the top of her news feed. Personalizing featured content and products helps create a more meaningful story with each individual customer. Not to mention, 40% of consumers buy more from retailers who personalize the shopping experience across channels (Monetate)!

Gamify cross-channel touch points.

Create interactive, gamified experiences that span devices and channels to encourage consumers to invest in your brand on a deeper level and play an active role in building your brand story. One brand that has done an exemplary job of inviting consumers to become a part of its brand story with cross-channel gamification is CAPCOM; its Devil May Cry app requires users to login socially to participate in real-world mobile challenges that earn them virtual video game rewards.
Gamification achievements also work to illustrate users’ individual connections with your brand, indirectly building your larger brand story. For example, a user displaying a level 5 commenting badge on his account profile shows that he is deeply invested in your brand, and should be considered a reliable source of feedback and referral by potential customers.
In the age of the connected consumer, every brand has a story, whether its the one it intends to tell or not. It’s the brands that create opportunities for customers to help build their brand stories in strategic and influential ways that will achieve real ROI and live happily ever after.

The Ultimate Guide to Social Marketing Success in 2014 by Rachel Serpa

With 2013 now behind us, modern marketers are well versed in the importance and potential impact of social data and engagement. According to the Word of Mouth and American Marketing Associations, 70% of marketers expect to increase their social media marketing budgets in 2014 (MediaPost).
However, 79% of marketers cite measuring social media and demonstrating social marketing ROI as two of their biggest obstacles (MediaPost). The new year is poised to shift social marketers’ focus from simply establishing a social game plan to measuring and optimizing social marketing impact, implementing data-driven strategies, and creating effective cross-channel user experiences.
Marketers must answer the call of innovation and find new, creative ways to acquire and retain customers by leveraging social media, social data, and unique web and mobile experiences. Our new guide gives you a head start on the competition with insights on achieving and measuring real social ROI in 2014, including how to:
  • Accurately calculate the value of social marketing
  • Turn anonymous visitors into known customers
  • Make data-driven marketing decisions
  • Grow an interactive community of trust
  • Unify cross-channel user identity with login vs. cookie data
  • Nurture consumer relationships with rewards
Source: http://blog.gigya.com/the-ultimate-guide-to-social-marketing-success-in-2014/

Wednesday, 15 January 2014

How to Turn User Generated Content into Revenue with Ratings and Reviews by Rachel Serpa

In the age of the connected consumer, customers are continuously talking and sharing about your brand, product or service – and everybody’s listening.  When consumers have the power to tweet about the nasty cashier while she’s ringing them up, or that fantastic filet mignon directly from the table, letting disgruntled customers or brand advocates slip through the cracks can be the difference between widespread success and fast failure.
Social networks have given consumers proverbial megaphones to broadcast their experiences in real-time, and brand image and perception is increasingly shaped by social opinion. In fact, while 70% of Millennials consider it their responsibility to share feedback with companies after both positive and negative experiences (AdAge), 90% of consumers admit that their purchase decisions are influenced by consumer ratings and reviews (Marketing Land).
By providing customers with an open forum for posting ratings and reviews, businesses can effectively monitor and react to consumer opinions in real-time. Smart brands are learning how to leverage consumer connectivity and feedback to build brand awareness, influence brand perception, and foster authentic relationships with both potential and existing customers. This white paper showcases three ways that brands can start effectively harnessing ratings and reviews to stimulate both new and repeat conversions:
  • Boosting brand awareness and referral traffic
  • Improving long-tail SEO
  • Building consumer trust to increase shopping cart conversions
Source: http://blog.gigya.com/how-to-turn-user-generated-content-into-revenue-with-ratings-and-reviews/