Saturday, August 10, 2013

Social Media Marketing Strategy

By Daniel Boone Jr.


In 2013, no company can expect to be taken seriously if it's not on Twitter or facebook. An endless stream (no pun intended) of recommendations from marketing experts warns businesses that they have to "get" social or threat becoming like business a century ago that didn't think they required telephones.

Despite the buzz that unavoidably holds on to the newfangled, nevertheless, it's fairly antique tech that appears to be far more crucial for selling things online. A new report from marketing data outfit found that over the past four years, online retailers have actually quadrupled the rate of clients gotten through e-mail to nearly 7 percent.

Facebook over that exact same duration barely registers as a way to make a sale, and the small portion of individuals who do link and purchase over Facebook has stayed flat. Twitter, meanwhile, doesn't register at all. Without a doubt the most popular way to get clients was "organic search," according to the report, followed by "expense per click" ads in both cases, read: Google.

Email, on the other hand, has a certain unreasonable advantage in that shoppers getting the e-mails have already given up their addresses to a website, suggesting they currently have some prior relationship with that store. Still, despite the avalanche of spam all of us get, it's simple to see how the staying power and greater potential for personalization of a medium without a 140-character limit gives e-mail unique advantages.

Custora's findings don't bode particularly well for social networks business models, especially Twitter. Naturally, ads on Facebook and Twitter do not have to cause immediate clicks to have an effect. They still have the potential to raise ambient awareness. Yet Custora found that Google's advertisements, by contrast, do lead not just to clicks however to investments-- the holy grail of "conversion.".

To be reasonable, Google had a roughly 10-year running start to turn search into sales. It's tough to imagine that in a years that social media will not be a more crucial channel for selling things. Already its "item cards" offer a really direct means for Twitter to serve as a store. Works probably shouldn't desert social just yet. But if they had to select, that old-timey newsletter could exceed tweets for a very long time to come.




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