Archive for the ‘Social Marketing’ Category

Sina Weibo partners digital agency IH Digital to target SEA businesses – Marketing Interactive

Sina Weibo has partnered with digital marketing agency IH Digital to provide advertising solutions and Weibo account verification services to businesses within Southeast Asiain its capacity.This is a new appointment made by Sina Weibo for the region.

Both services will be offeredconcurrently through IHs offices inSingapore, Malaysia, Thailand and the Philippines. According to IH, each of the services will have their respective set of conditions and duration periods.

Founded in 2006 with a presence in Southeast Asia and Greater China, IH is currently the official agency for Google, Baidu, Sina Weibo and Meituan-Dianping.

Sina Weibo, Chinas largest microblogging social media, offers a wide range of advertising and marketing solutions, ranging from social display ads and promoted feeds, to event-based ad and activity solutions. Its services have been adopted by businesses for social marketing since 2011.

George Foo (pictured), chief operating officer for IH Digital, emphasised that businesses outside China should have a specialised team to support advertising campaigns on Sina Weibo due to the countrys unique digital landscape.

According to him,while Chinese messaging app WeChat allows enterprises to providecustomisedservices to individual stakeholders, Sina Weibo is more suitable for businesses lookingto driveawareness, engagement, and leads among Chinese consumers.

In particular for businesses who do not have established operations in China, but are looking to reach Chinese consumers, Sina Weibo is the best Chinese social media platform for them to build awareness and credibility, Fooadded.

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Sina Weibo partners digital agency IH Digital to target SEA businesses - Marketing Interactive

What influencer marketing really costs – Digiday

A lot of people talk aboutinfluencer marketing,but few understand how it is priced.

Influencer costs can range from a couple of hundred to millions of dollars on one platform or across social networks, because of all thefactors that go into it, including exclusivity, engagement rate, following size and usage rights.

Pricing influencer posts is part art, part science, said Henry Langer, lead account manager for influencer search platform Hypr. [In some cases,] terms such as CPM and CPC dont tend to apply.

While there isnt a well-developed pricing structure behind influencer marketing, we asked agencies, talent agents and social stars themselves about some general guidelines that brands can refer to when they write influencers a check for their endorsement deals on Instagram, Snapchat and YouTube.

Instagram: $1,000 per 100,000 followers Chelsea Naftelberg, associate director of content and partnerships for social media agency Attention, estimates how much her team should pay an Instagram influencer based on$1,000 per 100,000 followers. Then she negotiates the deal from there, adjusting the price up or down based on other factors like engagement rate, campaign length and the client budget. If I have a great brand offering, sometimes we will pay no fee because the influencer is excited about the product or experience, said Naftelberg. Also, if you are working with a talent agent instead of directly with an influencer, expect to pay a little more to take their fee into account.

Langer thinks that brands can start with $250 per Instagram post for social stars with less than 50,000 followers, then add roughly $1,000 per 100,000 followers per post. For well-known celebrities, the price has to go much higher. Kim Kardashian, for instance, reportedly charges over $250,000 for an Instagram photo.

Snapchat: Starting at $500 per campaign in 24 hours Audiencesize is not available on Snapchat, so social stars on the platform typically negotiate an endorsement deal based on active views. Since repeated views only count as one view and views are more intentional on Snapchat, rates on the platform could be higher than other networks, according to Snapchat influencer Cyrene Quiamco.

Quiamco shared the following rates given by brands and agencies based on conversations with roughly 35 Snapchat influencers in her circle. (View numbers are only valid for 24 hours.)

An anonymous influencer said that pricing often falls on the agencies. Shops specializeon Snapchat marketing typically pre-decide their budget per influencer and book social stars for content by bulk. The agency would sign them up for 20 campaigns with minimal turnaround time, for instance. And then after 20 campaigns, the agency will pick up a new round of social stars and continue the cycle.

This is really taxing on the influencer but really helps the agency cut down on cost, said the influencer. The agency then upcharges each influencer campaign, sometimes up to 90 percent.

YouTube: Roughly $2,000 per 100,000 followers Influencer pricing on YouTube is much more fragmented than that on Instagram and Snapchat because YouTube allows marketers to drill into specific audiences and video content requires much more effort than image- or text-based posts.

For YouTubers with more than 50,000 subscribers, marketers can add roughly $2,000 per 100,000 followers per video, up until around 1 million subscribers, at which point a dedicated video could cost upwards of $25,000-$50,000, accordingto Langer.

Super successful YouTubers like Bart Baker or TheGabbie Show could easily cross the $100,000 mark, he said.

Of course, that is just a general pricing guideline for influencer marketing on YouTube. For instance, a Redditor posted that a very popular YouTuber with a few million subscribers offered an endorsement deal for a rate of either $17,600 for two to three talking points or $22,000 with an additional description link in the video.

AdamWescott, partner and co-founder for talent agency Select Management, saidthat pricing of endorsement deals on YouTube can run from $200,000 to half a million per video, depending on if it is a 30-second brand mention, a customized promotion video or other format.

Pricing is also based on subscriber count, time watched on the video and the industry the YouTuber is focused on, said Wescott.

And aYouTuber like Gigi Gorgeous who has accumulated over 2 million subscribers can earn more than $100,000 per video for dedicated brand integrations, he said.

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What influencer marketing really costs - Digiday

How companies get customers to do their marketing for them – CBC.ca

Baked nachos served right inside a Doritos bag? A burger sandwiched between two quesadillas instead of a bun? How about a Caesar cocktail containing a skewer of jumbo shrimp and other garnishes, meant to be a meal in itself?

If you've ever wondered about the quirky and bizarre concoctions sometimes served at Milestones, Montana's or Kelsey's, Dave Colebrook is happy to explain.

Colebrook is the vice-presidentof marketing for Cara Foods, the conglomerate that owns all of those restaurants, along with Harvey's and Swiss Chalet. When he and his associates sit down to sample new menu items these days, they don't only consider the taste, cost and value of the dishes.

"We want to see the wow factor," says Colebrook."We ask ourselves, is it Insta-worthy?"

In other words, the dish needs to be so visually striking that diners can't resist taking a picture to post on Instagram orSnapchat, Facebook or any of the other popular social networks.

"Whenever we launch something, we always track it on social media to see if it's creating buzz,"Colebrookexplains. "Usually when you create buzz, you create traffic and sales, and it all works."

Cara is just one of many Canadian companies embracing a new form of promotion, where special products and experiences are created with social sharing in mind. Not only will happy customers do that for free, but it can attract more attention than traditional advertising.

The simple truth is that these days, people are much more likely to look at a post from a contact in their social networkthan they are to look at a sponsored ad.

And customers are always searching for Insta-worthy material themselves, according to marketer Tony Chapman, who helped clients create viral campaigns during his years as CEO of his own firm, Capital C.

Marketer Tony Chapman says Starbucks recent Unicorn Frappuccino was a strategy to attract social media posts and attention for the brand. (Starbucks)

"Consumers every day are meeting at campfires and those campfires are happening online," he says. "They need stuff to put online, they need logs to put on that fire. They need to talk about how interesting they are, what they discovered 'I heard this incredible independent artist, or look at this picture of me, I'm hanging off a tower, I'm riding a bike around the seawall in Vancouver.'"

While having lunch at a Montana's restaurant in a Toronto suburb, Crystal Hunter explains why she decided to take a picture of her Los Doritos Nachos.

"It's fun to share," she exclaims, adding that novelty is a factor, too. "I haven't seen something like that before. And also it's so colourful. What I like about social media is it's very visual."

Doomies, a vegan restaurant in Toronto, hasn't spent a cent on print advertising, yet it does a bustling business with hour-long lineups out the door on weekends, says director of communications Cara Galloway.

"We have over 10,000 Facebook followers, over 15,000 on Instagram," she says proudly. "We've really capitalized on social media to get the word out there about the restaurant. We'd be paying upwards of tens of thousands of dollars to advertise, but really we've just gotten that free."

Two customers take a picture in vegan restaurant Doomies' specially designed 'selfie room'. (CBC)

The restaurant has even constructed what it calls "the first selfie room in Canada," decorated with vegan-themed cartoons, as yet another way to encourage social media posts.

The effort appears to be paying off. Several Doomies customers who spoke to CBC News said they had learned about the restaurant from a post on Instagram.

"Once you see the picture, you are really attracted to the place and you want to check it out, hop on the trend," says Carl Jarentio, while enjoying a late lunch with a friend.

Other businesses, such as ax-throwing club BATL and ice cream shop Sweet Jesus, have created special areas on site that feature their logoand are designed to be a perfect backdrop for a selfie or photo.

It's not surprising that marketers would make every effort to leverage social sharing. The glory days of advertising, when brands and companies could reach the mass market with high-circulation newspapers or weekly television series with tens of millions of regular viewers, are long gone.

The internet and an explosion of television options has fractured the media landscape, scattering audiences far and wide.

These days, businesses have to use every type of media availableif they want to send a message to consumers.

But what happens if people realize their fun-loving posts serve another, corporate purpose?

Tony Chapman says marketers risk a negative reaction from consumers if they're too heavy-handed in their approach to social media. (CBC)

"When consumers feel they're being used or abused by marketers, there is a push back," warns Chapman. "They're very negative on your brand instantaneously and they often vote with their wallet."

He says the trick with social marketing is a gentle touch.

"What you have to do with social media is just plant the seed, and hope that the consumer grabs onto it, waters it, grows it and makes it their own. And when they do that, it's because of their own initiative, it's not a forced initiative."

Dave Colebrook of Cara agrees. "I think people are very savvy," he says. "I think people are smart and they know what they're doing. And we're not forcing people to do it. It's just about being part of the conversation."

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How companies get customers to do their marketing for them - CBC.ca

Influencer Site #HASHOFF Partners with Kinetic Social – MarTech Series (press release) (blog)

Kinetic Social will access #HASHOFFs micro-influencer marketing platform to help brands reach out to the right target audiences

#HASHOFF, an influencer marketing platform, has partnered with Kinetic Social, a full-service provider of social advertising solutions, to provide better social media reach and engagement to Kinetics clients.

As part of the deal, Kinetic Social will have direct access to #HASHOFFs opt-in network of more than 150,000 influencers across all social media platforms to expand its social marketing capabilities.

Joel Wright, President, and Co-Founder of #HASHOFF

Joel Wright, President, and Co-Founder of #HASHOFF said Partnering with an industry leader like Kinetic in a complex landscape was a natural fit, bringing together two companies committed to pushing the envelope of whats possible on social. #HASHOFFs managed service solution is a leader in the industry, and were excited to see how this partnership can help bring even greater value to our brand partners and influencers alike.

Wright said that the companys objective is to bring a brands vision to life through the creative voices of influencers, delivering authentic brand engagement and measurement, and providing real ROI.

#HASHOFF will provide the required technology and expertise to enable Kinetic Social to identify and activate the audiences that matter most to their clients.

Our mission is to provide brands the most innovative and cutting edge solutions to engage the target audiences that matter most to them, and influencer marketing is a vital piece of the puzzle, saidJeff Thompson, SVP -Platform Partnerships, Kinetic Social. Influencers are providing a new and exciting way to combine the authenticity of a brand ambassador with the targeted focus of a digital campaign. Our partnership with #HASHOFF is another step toward ensuring our clients can engage us to design and execute all of their social marketing campaigns.

With 84% of marketers planning to increase their spending on influencer marketing, the segment has become the key channel for brands across social media. #HASHOFFs proprietary algorithms combine keywords, geography, and interest and past campaign performance to identify and activate the best micro-influencers for each brand in real-time.

Read Also:How Much Does Micro-Influencer Marketing Cost?

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Influencer Site #HASHOFF Partners with Kinetic Social - MarTech Series (press release) (blog)

Methodologies For Introducing Social Media Marketing Into Your Small Business – Good Herald

Social media marketing has forever altered the manner in which companies can engage with customers. Businesses that include this strategy in their marketing arsenal can have access to valuable tools that can catapult their company to new heights.

On the other hand, social media marketing calls for solid dedication to the tasks. This strategy involves much more than establishing Facebook and Twitter accounts. Instead, its about interacting with consumers and business associates in a welcoming and friendly setting.

Social marketing is an affordable way for small business owners to expand market reach and develop brand recognition. Entrepreneurs often find it advantageous to hire a social media marketing consultant to become educated about available methods and create a marketing plan.

Nearly every type of marketing campaign can be advertised through social networking groups. Consequently, its advisable to learn as much as possible about the various methods and how to promote each strategy through social venues.

Its also wise to spend time researching the different social networking communities. Its good to look for groups that attract a large number of people, as well as niche groups comprised of individuals enthusiastic about what your small business offers. Join a few groups and find out how people communicate and what type of information they are looking for.

The biggest mistake people make when starting out in social media marketing is not spending time developing relationships. Instead of starting out trying to sell products, spend time asking and answering questions. Provide valuable information that helps people with their problems and youll quickly gain recognition as an industry expert.

A soft sale approach is better received in social marketing venues. People dont like aggressive sales people and will quickly block companies that they dont respect. There is no reason to engage in ridiculous promotions or aggressive sales tactics in this venue. In fact, doing so could cause repercussions that are hard to overcome.

One approach that produces favorable outcomes is offering incentives and bargains. A lot of companies that utilize Facebook and Twitter provide incentives such as an informative report or discount coupon when people become a fan of theirs.

Regardless of the incentive offered, it needs to be something that people desire and feel is valuable. If they benefit from the incentive they will eagerly tell others about it. Most business owners realize that word-of-mouth advertising is one of the best marketing strategies, so make certain your giveaway is something others will want to tell their friends or associates about.

Once companies establish a good fan base they can use social media to showcase their advertising campaigns. Almost every networking community provides tools that let members share information with other people within their group.

Countless success stories have occurred because of social media marketing. Most people realize there is strength in numbers. Businesses need to constantly strive to build their social groups so they can expand their reach. This is why its smart to participate in several networking communities.

Since social marketing advertising is still fairly new, it is recommended to have employees participate in a marketing training course. Personnel needs to become knowledgeable about the different types of online marketing strategies and how they work, as well as online etiquette.

Leaping into social marketing without adequate training can be an enormous mistake. Many small business owners fail to realize how far-reaching online marketing can be.

While exceptional ad campaigns can build consumer trust, poorly produced campaigns can turn a company into a laughing stock. Dont put your company at risk. Instead, take time to learn about the pros and cons of social media marketing or enlist help from a marketing agency or consultant.

Online Marketing DNA offers a unique approach to social media marketing to help small businesses expand their market reach. We are a full service SEO company that provides customized marketing packages, SEO consultations, and VIP coaching. Get started today at http://www.OnlineMarketingDNA.com.

Photo By geralt from Pixabay

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Methodologies For Introducing Social Media Marketing Into Your Small Business - Good Herald