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Archive for the ‘New Media’ Category

How Social Media is Perceived at Budget Time


A financial commitment to overcome challenges and achieve social marketing success:
Depending on the size and type of your organization, this may simply require a thumbs‐up from your boss or demand a full scale lobbying campaign to win over skeptics and gain the support of an executive committee. But winning financial support for social marketing is no different than winning support for any other business initiative – you have to prove its value to the organization.

How Social Media is Perceived at Budget Time - Chart

Considering that social marketing is at a very early stage in its life cycle, a 7% confidence rating indicating it is producing measurable ROI and should be funded liberally is outstanding.

Conservative budget increases by half of all organizations and budget time, based on the promise that social media will eventually produce ROI, demonstrate another vote of confidence in the tactic for the longer term.

The 17% of organizations who still believe social media marketing is basically free, and should stay that way, are destined to get what they pay for.

Source: Marketing Sherpa

Increasing Reach through Social Sharing


SUMMARY: In this week’s chart, we analyze the perceptions marketers have of social sharing in achieving a number of email marketing objectives, such as extending the reach of email content to new markets, increasing brand reputation and awareness, and increasing the ROI of email programs.

by Sergio Balegno, Research Director

Sherpa Chart - Increasing Reach through Social Sharing
Click here to see a larger, printable version of this chart

Social sharing allows email recipients to share email content on popular social networks and other social media sites. It is a rapidly emerging email tactic and, as this chart shows, about eight in 10 marketers agree that social sharing “extends the reach of email content to new markets” and “increases brand reputation and awareness.”

We dedicated a chapter of the 2010 Email Marketing Benchmark Report to a special report on this topic with insights from marketers on strategies unique to social sharing. Many have already learned some valuable lessons.

For example, one marketer told us, “As with any messaging intended to build a relationship with prospective customers, the email content shared on social media sites must NOT be sales oriented. We began sharing content that was heavily geared toward promotion. This was not effective in the social environment. We now concentrate on educational and informational topics that our prospects and customers will find interesting rather than on aggressive selling information. This is building a preference for our brand within the social communities we are reaching.”

Source: Marketing Sherpa