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Results for: Stats

The 2013 State of the Social Media Union

Posted by Hal Thomas on November 26, 2012

It's the most wonderful time of the year, and, no, I don't mean the one from the Andy Williams song. It's time to update the social media slides in our presentation decks as we, with hope in our eyes and longing in our profit margins, look forward to the promise of new business ushered in by the coming new year.

Yes Virginia, this will all be on the test, so study like your job depends on it. Because it just might.

(Via Erik Qualman.)

 
 
 
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Why Do People Like Brands on Facebook?

Posted by Hal Thomas on September 27, 2012

This infographic summarizes the findings from a survey of 1,000 social media users​ who were asked various questions about liking and interacting with brands on Facebook.

It's worth noting that the number one reason people gave for unliking a brand on Facebook was that the brand posted too frequently. Also, the top reason given by people who say they do not like brands on Facebook was that updates from brands clutter their newsfeed.

Our friend Kristien​ said it best, "Always tell [brands] to post with purpose!"

Via Contently.

 
 
 
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Curalate, Helping You Find Your “Pins” In A Haystack

Posted by Hal Thomas on June 26, 2012

Is your brand on Pinterest? If so, what kind of metrics are you using and how are you tabulating them? (You are tracking against some sort of success metric, right?)

If these questions leave you with a look more awkward than Phil Mickelson's smile as he approaches the 18th green, then fear not; there is hope. Enter Curalate.

As stated in the video above,

Curalate uses some pretty cool technologies to automagically find, match, and remember images that are about your brand. We take the impossible and make it possible, discovering, tracking and measuring the sharing of your brand's content on visual platforms like Pinterest.

Curalate is packed full of stats and graphs, and appears to be thorough to say the least. My only caution on this one is to make sure you don't get lost in the data. As with most things online, it's possible to track a minutia of data points, but not all data points truly matter. Make sure you don't get lost tabulating results that aren't actionable or insightful.

Thanks, Ben!

 
 
 
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Shop Until Your Wi-Fi Drops

Posted by Brian Brunskill on April 05, 2012

If we had it our way the entire world would be wirelessly connected. Unfortunately, this is not yet the case. From a profit and customer satisfaction standpoint, there are many places that should be wirelessly connected.

With the increasing popularity of smart phones and mobile applications, consumers today are using smart phone as a personal shopping consultant and more. But what happens if the consumer is unable to connect to this "personal shopping consultant" while in store? Will they decide not purchase? Is this a missed opportunity for the retailer?

Interestingly enough,  a consumer survey by Deloitte found that "37 percent of shoppers who tried to use a mobile application in-store were unable to because they didn't have connectivity." There are many reasons why this is a missed opportunity. It leaves the consumer unable to search for online ratings, connect with online sales promotions, and social share any content or feedback. It also leaves the consumer unable to engage with the retailer's own mobile application while in-store. The survey also showed that "while mobile shopping increased from 43 percent to 50 percent in the past year, internet connectivity did not."

Surely it does not matter how robust your mobile application is if your customer can't access it while in store. Personally, if I'm able to research the web, leverage mobile apps, and social network while shopping; I'm likely to stay longer and buy...

 
 
 
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Infographic: Millennial Hispanics’ Changing Behaviors Creates a Dilemma for Marketers

Posted by BFG Communications on March 13, 2012

The Hispanic market remains an important segment for most all vertical product and service sectors. As the Latino population grows and their socioeconomic power expands, the potential for increased profits exists for all companies. While major corporations are marketing at many levels to Hispanics, other marketers are still taking shots in the dark on how to best reach Latinos. Utilizing precious multicultural marketing dollars at optimal levels is important in getting the most out of those resources.

At BFG, we have been exploring Millennial Hispanics (Gen Y) and how they may or may not differ from older generations of Latinos. In an in-person, large-scale study BFG found that the Hispanic tradition of seeking product and service recommendations face-to-face has shifted among Millennial Hispanics ages 21-26. While younger Gen Y Latinos still seek face-to-face recommendations from family and friends, they more often go to the Internet.

More importantly, BFG found that the age 21-26 Hispanics look very much like Non-Hispanics in the same age cohort on numerous behavioral metrics. The 36+ aged Hispanics still rely mostly on family and friends as evidenced by significantly higher dependence compared to Non-Hispanics in the same age group in seeking product and service recommendations.

This introduces the question that if continued findings indicate that the youngest of the Millennial Latinos look and act very much like their Non-Hispanic friends, is there a need to break out marketing dollars into multicultural buckets for Millennials? Or, can you focus those dollars on older Hispanics and use general market approaches in marketing to younger Hispanics?

 
 
 
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