Author: Team Position Squared

  • Twitter Releases its First Post-IPO Earnings Report

    Twitter Post IPO

    Image Courtesy: Value Walk

    The results are out! And, it’s been a bittersweet experience for Twitter in the quarter ending December 2013, post its IPO launch in November 2013

    Revenue

    Monetization has been a question that was raised with the launch of all social media platforms’ IPO. But, it looks like Twitter has found the answer with $242.6 million earned as revenue.

    This is the sweet spot.

    So, what is the bitter aftertaste?

    User Growth and Engagement

    The micro blogging site reports current monthly active users to be at 241 million. But user growth has risen only by 4% as compared to the previous quarter. The number of views of Twitter timeline fell by 17% to 148 billion.

    Twitter’s success depends on 2 factors:

    • It’s ability to grow the user base and
    • User engagement

    Currently, both are faltering, which has had a severe impact on its share holdings. Twitter’s stock price fell by 18% after the report was released.

    Conclusion

    Despite the scares, it is important to note that Twitter has succeeded in monetization efforts. However, given its current performance, Twitters’ efforts to build the user base and engagement will be closely watched by the Bull as well as marketers.

    What does this mean for businesses?

    These results may alert brands that are advertising on Twitter to pause and consider the ability of the site to deliver in terms of user reach and engagement. Despite having a large active user base, brands will expect Twitter to project a more promising picture especially after a confident IPO launch.

  • Evolution of Facebook ‘For Business’, Voice search SEO and much more…| Best of the Week

    This week’s hot news, events and videos from the online marketing and social media world.
    Evolution of Facebook 'For Business'
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  • Evolution of Facebook ‘For Business’

    In the last decade since its launch, Facebook has seen a number of updates, some of which were game-changers for the social media industry.

    Let’s take a walk through the years and go through those updates that made a significant difference to businesses and marketers, in particular.

  • Overcoming the Struggles of Content Marketing

    Percentage of marketers using content marketing
    Content is a very important component of marketers’ strategies. Irrespective of the nature of campaigns being run, every marketer needs content to be a part of his store to inform, engage and convince viewers.

    Marketing the content that you develop is right at the top of the importance scale for marketers. Content marketing continues to shine as a priority area. This trend continues from 2013, when 91% B2B marketers said that they used content marketing to 2014 where the number of B2B marketers planning to use content marketing has inched its way up to 93%.

    In tandem with the increased usage, according to a recent Ad Age survey, 71% marketers are also spending more on content marketing in 2014. It’s important to note that this figure includes 58% B2B marketers.

    Despite such concentrated efforts, the above mentioned survey by Curata found that US marketers are floundering in content marketing waters. How do you counter these roadblocks in content marketing?
    B2B Content Marketing Spending Investment in content marketing

    Let’s look at some of the key issues (identified by the % of marketers facing these) and how they can be tackled.

    Contextualizing content (67%)

    Making sure the content that is developed is appropriate to the context in which it is being received is the biggest problem of marketers according to this survey.

    Solution

    • Use primary or secondary research to delve into your target audience’s minds and know what makes them tick. Also understand how and when they consume content.
    • Knowledge of audience demographics and online behavior are important factors in prepping your marketing campaigns for success.
    • Engage with customers to know them better. This will give you an idea of their deeper motivations that may not be revealed by basic research.

    Organizing content (63%)

    At 63%, organizing their content collateral is the second biggest hurdle for marketers.

    Solution

    • Organizing content is a matter of planning content flow so as to ensure that the marketing messages are being played out in a logical sequence to each audience.
    • This requires creation of a set content calendar to ensure that all campaigns go live at the designated time with the right content.
    • A clear content strategy serves as the backbone of well-organized content. A Content Marketing Institute survey found that only 44% B2B marketers have a documented content strategy!
    • 66% B2B marketers with a documented content strategy thought they experienced more success than those without (11%).

    Finding and discovering content (57%)

    According to an AOL and Nielsen study, 27,000,000 pieces of content is shared every day. That’s a really huge number! Finding and discovering content is this ocean is obviously difficult.

    Solution

    • You can use tools like blog topic generators that can line up topics suited for your business based on keywords you supply.
    • You can scout the web for trending topics from your industry and develop content that is relevant and gives you thought leader status.
    • You also can identify customer pain points that you can address through content. Even if you don’t have solutions it shows you to be thinking on the right lines. This will endear you to customers and show yours to be an empathetic brand.

    How B2B Organizations Tailor Content

    Sharing content (52%)

    Sharing the content developed may rank as the lowest in the list of marketers’ content related problems however it is a significant issue with over 50% marketers saying so. After all, content distribution is as important as developing the right content.

    Solution

    • Identify websites that cater to interests similar to your website and share content there through tactics like white papers, webinar registrations, eBooks, best practices guides etc.
    • You can also use distribution tools like Position2’s EVA that not only distributes your content across relevant sites, but also provides the added benefit of content re-purposing.

    Are you facing any other content marketing related problems? Do you think there are any other ways to tackle the above problems?

  • Pinterest ‘Interest’, Facebook Paper and Graph Search for Mobile

    Pinterest ‘Interest’

    With the launch of the ‘Interest’ tool, Pinterest is trying to make good on its aim to create new ways for users to find pins on the site. This tool is designed to help pinners find pins that they would be interested in.

    Pinterest Interest

    Pinterest will be rolling out this tool worldwide and on to mobile devices soon.

    To get started on pins related to your interests, you need to head over to the ‘Preview! Explore Interests’ option in the Categories menu on your desktop browser.

    The current version of the ‘Interests’ tool is still in preview mode. Pinterest will be making improvements to it overtime.

    Impact on Businesses

    Pinterest has already stepped into the advertising arena with the launch of Promoted Pins in 2013. At the time, CEO and co-founder Ben Silbermann assured users and advertisers that the promoted pins would be relevant to users’ interests.

    ‘Interesting’ development, the launch of the ‘Interest’ tool now, don’t you think?

    Advertisers may eventually be able to target users with promoted pins that cater to relevant user interests using the user interest data available through the ‘Interest’ tool. Ben Silbermann’s assurance about catering to users’ interests especially makes you wonder if the launch of the ‘Interest’ tool is a part of Pinterest’s strategy to bring in more advertising revenue.

    Facebook Paper

    If you remember, there were rumors about Facebook Paper earlier this month…Well, we can now confirm that the rumors are true.Facebook Paper

    The new release by Facebook is the Paper app, which will help users catch up on their reading by collating stories shared by friends and the world around you.

    Facebook has made it easy for users to create and share stories of their own by structuring Paper with stories and themed sections based on people’s interests.

    The first section comprises of the news feed that will update users with new designs for photos, videos and longer text-based posts. Users can customize Paper from a choice of more than a dozen other sections about different themes and topics. Each section includes a content mix of contributions from emerging voices and known publications.

    Paper is the firstborn of Facebook Creative Labs, which is working on new apps that make content sharing for people better.

    Facebook is launching Paper for iPhone users in the US from February 3. If you want an early peek at it, you can also take a tour of Paper.

    Facebook Graph Search for Mobile

    A year post the launch of Graph Search, Facebook will be bringing the feature into mobile devices soon. Facebook users will now be able to use the Graph Search on the move too!

  • Facebook Top Performers – News Feed Ads, Custom Audiences and Mobile Ads [Study]

     

     

     

    Facebook

    Facebook news feed ads have shown impressive ROI figures in a recent study by Marin Software.

    The study found that news feed ads in Q3 2013 displayed 44 times higher CTR and 5x increase in conversion rate when compared to the ads that appeared on the Right-Hand Side (RHS) of Facebook. The news feed ads not only outshone RHS ads, they also have a 67% lower CPC.

    Marketers have noticed the high performance levels of news feed ads. Marin Software found that marketers increased their news feed ads spend by 140% in the same quarter.

    News Feed Redesign & Native Advertising

    Facebook’s recent news feed redesign may have had a hand in boosting the performance capabilities of news feed ads.

    As the news feed became more visual-oriented post the redesign, the news feed content requirements for brands also changed; thereby also affecting news feed ad content and probably, their performance. The current emphasis on visuals in digital marketing is also a catalyst here.

    Another factor that probably is in play is that the Facebook newsfeed is a great platform for native advertising.

    Advertisers can subtly slip their messages into the viewers news feed and the better targeted and more attractive these messages are, the greater the chance of them being clicked on.

    Marketers, do take note of this!

    Excellent Performance by Facebook Mobile Ads

    With more and more consumers accessing Facebook through their mobile, marketers are opting for mobile-only campaigns on Facebook. Marketers also seem to recognize that Facebook users behave differently while accessing the site via mobile and computer, and are segregating their Facebook budgets between these two.

    Between Q2 and Q3 2013, 45% more marketers chose mobile-only ads. The reason for this is clear when you see these stats: mobile-only news feed ads outperformed desktop ads with 187% higher CTR and 22% lower CPC.

    This rise in choice of mobile-only ads can also be expected to increase due to the separation of ad buying options by Facebook due to which, marketers can now buy only desktop or mobile ads. Given that marketers may have different objectives while advertising on mobile and desktop, this was a good option that was provided.

    Facebook Custom Audiences Tool Adoption Increases

    Facebook’s Custom Audiences tool, which was launched in March 2013, has seen widespread adoption by brands. It’s not surprising given that it offers marketers better targeting options than the broader options available earlier. Sharper targeting through Custom Audiences should in turn lead to better conversion and lower CPC rates.

    And it has.

    82% more marketers used the Custom Audiences tool in Q3 2013 compared to Q2. This looks like a trend that will continue given the results they have got.

    Ads that used the Custom Audiences tool had conversion rates 3.87 times higher than ads with only demographic or category-based targeting. These ads also showed a 14% lower CPC and 64% lower cost-per-conversion than category or interest-based targeting.

    Facebook advertisers seem to be hitting the gold mine with Facebook’s ad products. What do you think they are doing right? What can Facebook do to make its ads better

  • Pinterest, Google and Facebook Updates for the Week

    Pinterest Launches GIFs

    PinterestThe social site added another feather to its illustrious cap with the launch of GIF images. Pinterest also launched a recipe search feature at the same time.

    Pins with a GIF image will have a small ‘play’ button at the bottom left corner using which, users can play and pause the GIF image. The feature will be available to users world over on the web version of Pinterest. However, the company promises to activate this feature for mobile users soon.

    Brands can use GIF images on Pinterest to showcase real quick consumer reaction about a new product/service unveiled. Since GIF images are animated and so different from normal static images but aren’t videos at the same time, they can help capture user attention for a quick few seconds.

    Google Now Provides More Info about Sites before Clicking

    Their SERPs will now provide users with more information about sites that appear post a search. Users can find out more about every site in the results by clicking on the page name adjacent to the actual link.

    Google Now Provides More Info about Sites before Clicking

    Image Courtesy: Mashable

    The catch here is that this feature will not be active for all websites. For this information to be shown, a website has to be recognized online, there should be sufficient information to show or the content should be interesting for users.

    This information is drawn from Google’s Knowledge Graph, which strives to improve Google Search by taking semantic search information from multiple sources.

    For brands, this can mean better chances of increasing site visits when users see what their site is about before clicking. This can mean more engagement with site visitors thereby helping in gaining leads. If people are avoiding clicking on a link because they are not sure about the content of the website, this update solves the problem by briefing users about a site’s content aiding in resolving any qualms about legitimacy of site content.

    Facebook Updates News Feed Algorithm

    The latest to its news feed algorithm by Facebook has lead to reduction in the visibility of Page Updates.

    According to Facebook’s tests, more text status updates from users’ friends prompted them to write more status updates. But this was not true in the case of text status updates from Pages.

    Post this algorithm tweak, text status updates from Pages will be treated as a separate category from friends’ text status updates. Applying its learning that Page posts behave differently from friends’ posts, Facebook is reworking its ranking algorithms.

    Page admins will now see a dip in the distribution reach of their Page’s text status updates. A positive here is the hike Page admins may see in engagement and distribution for other story types. If your brand’s Page shares links simply by putting it together with a text status update, post this algorithm change, you should use a link-share.

    Facebook recommends that brand Pages should choose the story type that best fits their message without simply going for a text status update.

    We would love to know what you think about these updates. Use the ‘Comment’ section below and tell us!

  • Real time update in SERP’s, 9 signs that you are marketing automation ready and much more…| Best of the Week

    This week’s hot news, events and videos from the online marketing and social media world.
    Search is changing - Real-Time updates in SERP's
    From the Position² Blog This Week:
    Search is changing – Real-Time updates in SERP’s
    Google, Bing and Yahoo have incorporated real time updates into their search results. Read our blog to know how marketers can leverage this trend to their advantage.
    Top Stories this Week: Social Media
    Top Stories this Week: SEO, PPC and Digital Media
    Best of the Week Video Best of the Week Video
    How does a packing, shipping and printing company manage to get 1 million+ views on its youtube channel? Click the link to find out.
    White Paper: Increase Visibility for Your Content by 4x
    Today’s traditional SEO is inadequate: Ignite your search results by accelerating visibility in more places than ever before.Download this White Paper and learn:

    • SEO, why the way we know it is not enough
    • Introducing and implementing Enterprise Visibility Accelerator (EVA)
    • Using multi-channel tracking tools for effective monitoring
    • How EVA benefits businesses.

    Download the complimentary EVA White Paper now

    Know more about Enterprise Visibilty Accelerator(EVA)
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