Posts Tagged ‘marketing strategy’

Will Twitter’s paid search be a fail whale?

By Shawna Robinson, April 19, 2010

When it comes to paid advertising in social media outlets, Twitter has been a hold out. For the past four years, generating a revenue stream has not been part of their business model – making Twitter one of the last remaining social media outlets without an infiltration of eager marketers keen to take advantage of the over 18 million users.

Let the keyword auction begin.

Last week, a “promoted tweet” business model was announced.  Similar to paid search advertising, advertisers and Tweeters will be able to bid on keywords. A promoted tweet – only one per page – will then appear with the search results. Tweeps will then get a targeted message presented at the top of their twitter stream. As a real-time information network, with a massive quantity of information available in a single stream, is this system really going to be effective?

Cutting through the Twitter clutter.

Many marketers have been successful in the twittersphere without the use of a paid advertising model. Companies from @SouthwestAir who post promotions and deals on flights and hotels – to @Starbucks and @HoltRenfrew tweet their latest deals and news all while supporting their customers with real time response. To avoid getting stuck down a rabbit hole of information overload, RT’s and #’s are two twitter functions already built in to connect, cross-reference to easily locate content. Promoted tweets are going to have to have a super juicy offer to make a user click through so their message doesn’t get buried and lost in the twitterstream — along with the dozens of other tweets that don’t catch your attention in the first 40 characters.

Getting the right message out to the right people in more ways is one to ensuring good product or corporate awareness, but loyal twitter users may find the promoted tweets tool a distraction. However, only time will tell.

Do you think Twitter’s promoted tweet model will be a successful tool for marketers – or just another post lost?

3D-failwhale

Shawna Robinson has the heart of a farm girl and a razor-sharp mind for strategy – and spends as much time online as offline with her clients to keep their campaigns fresh and current. She can be reached directly at Shawna.Robinson@adfarmonline.com.

Don’t Let Your Marketing Fall Down…in the Last Four Feet

By Colin N. Clarke, February 22, 2010

Marketing communications, in simplest terms, helps put a customer or prospect in the right frame of mind to buy. It can educate, inform, advise, recommend, encourage, scare and influence a prospect, but it cannot make them buy. At some point someone or something (e-commerce for example) has to close the sale. A recent presentation by Datacore Marketing describes this as “The Last Four Feet.”

The Last Four Feet represents the final steps that a customer takes as they approach the sales counter (or online checkout). Without question this is the most important part of the process. Can you close the sale?avoidance300

Marketers place great emphasis on campaigns to the end-user or customer. Significant, sometimes huge budgets are invested to help put the target audience in the right frame of mind to buy. But too often, after marketing communications has done its job with the customer, the process falls down at the sales counter.

Picture a customer who receives direct communications on your product, investigates online, reads the reviews, talks to their friends and decides “I want to buy.” They enter the “store” to purchase, approach the checkout, and the salesperson (or process) says, “Have you seen the features on alternative product #2 over here?” At that point, in the last four feet, all of your marketing communications efforts are shot down by one missed communication.

So how do you avoid losing your customer at the sales counter? Here are four sure-fire steps that will help with “the last four feet.”

1)      Educate your sales channel first – before any external customer communications begin. Be sure products and processes are easily understood (this applies to e-commerce too).

2)      Let the channel in on the process early, ask for feedback and implement suggestions that will strengthen the relationship with the channel. If using e-commerce, be sure to test the checkout process to make sure it is intuitive and without distraction.

3)       Involve the channel in the product or campaign  roll out. Give the channel an active stake in the process that encourages their engagement. A kickoff event, an incentive, an interesting (but not burdensome) program.

4)      Reinforce the sales process within your marketing communications. Suggest to the customer in your messaging the easiest route to purchase while reinforcing the same “easy route” to the channel audience.

Marketing communications can put the customer in the right frame of mind, but it can’t ring the till by itself. Include a solid channel strategy to make sure your marketing investment isn’t lost at the sales counter.

Have you ever dropped out of a sale at the counter? If so, what could the marketer have done differently?

Colin is a senior strategist for AdFarm who enjoys the deep dive into marketing strategy. Follow him on Twitter @colinnclarke or on Facebook at Facebook.com/cnclarke.