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Mobile Marketing – What’s All the Hype About? April 10, 2010

Posted by StrategicGrowth in mobile, mobile coupons, Mobile Marketing, Strategic Growth Concepts.
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You’re hearing it a lot lately – on Facebook, Twitter, national business publications, and even in daily news media – Mobile Marketing is becoming THE way to advertise; it’s often touted as the best direct marketing method available today.  So now you’re wondering – “What exactly is mobile marketing?  Are they right? Should my business be using it?  Is it really as effective as they say it is?  Will my customers want to receive mobile messages?  Can I afford mobile marketing?  Where do I begin?”

So let’s answer those questions!

First, what exactly is mobile marketing? 

According to the Mobile Marketing Association, “Mobile Marketing is a set of practices that enables organizations to communicate and engage with their audience in an interactive and relevant manner through any mobile device or network.”

And that communication and engagement is being implemented by marketers from the smallest ‘mom & pop shop’ to the largest multi-national corporations.  As the traditional marketing channels suffer various levels of decline, mobile marketing is experiencing triple-digit growth annually.

According to Jeff Hayzlett, Chief Marketing Officer / Vice-President, Eastman Kodak Company, mobile phones are “the most direct and personal of all media channels these days… They enable us to remain connected 24/7. No need to log onto the Internet or roam around town looking for a hot spot. Mobile devices are always hot. A marketer’s dream is to engage in meaningful two-way conversations with people who are truly interested in their brand, and mobile gives you that direct line of communication — constantly.

There are various types of mobile marketing, including:

  • SMS (short message service)
    • Also known as ‘texting’
  • MMS (multi-media message service)
    • Messages that contain multi-media objects such as images, video and audio
  • Mobile Web Applications 
    • Browser-based web services such as the World Wide Web using a mobile device
    • Utilizes WAP (Wireless Application Protocol) – an open, global specification that empowers mobile users with wireless devices to easily access and interact with information and services instantly
  • Bluetooth (short-range wireless technology; up to approx. 33 ft)
    • Also known as proximity marketing
    • The localized wireless distribution of advertising content associated with a particular place.  In other words, if you have a cell phone in the proximity of a marketing broadcast, you would be able to receive a message or advertisement
  • Location-Based Marketing
    • Delivers multi-media directly to the user of a mobile device dependent upon their location via GPS technology
  • QR Codes (quick-response barcodes)
    • Two-dimensional barcode
  • Voice
    • IVR (Interactive Voice Response)
      • a technology that automates interactions with telephone callers
    • Voice broadcasting calls numbers from a computer managed list and plays a pre-recorded message to the call recipient or answering machine
    • Pay-per-Call
    • ADC (Abbreviated Dialing Codes) dial the code to access voice content
  • Mobile Banner Ads
  • Mobile Website
    • A Mobile-optimized version of an Internet website providing an easy way for consumers to learn about your company ‘on-the-go’.

Next, Are they right, should your business be using Mobile Marketing?  Is it really as effective as they say it is?

According to the Director of Research at Nielsen Mobile, “People look at every text message they get”, and 97% of them do so within 15 minutes.  Can you think of any other advertising medium where you are almost guaranteed that every person targeted will see your message?

Kodak’s Hayzlett says, “Mobile marketing is quickly growing beyond the experimental and is showing tangible results. Two examples are Barack Obama’s unprecedented mobilization of supporters during his presidential campaign, and the incredibly successful American Idol reality show, where over 20 million mobile users text their votes each week.”  

An additional recent example of mobile’s results is the spectacular fundraising efforts for Haiti which were driven by mobile donations.  Almost $5 million dollars was raised in less than 48 hours via text message contributions, and to-date, more than $30 million has been raised via mobile.

Some industry statistics may help to clarify the effectiveness of Mobile Marketing for you:

  • According to industry estimates, by 2013 the U.S. will top 100% per capita penetration of mobile phone use
  • SMS is typically read within an average of 15 minutes after receipt, and responded to within 60 minutes
  • While 65% of e-mail is spam, less than 10% of SMS (texting) is spam
  • A survey of 2,400 moms reveals that the single most important tech gadget in their lives is the cell phone
  • A Nielsen study indicates more than half of mobile data subscribers (51%) who saw a mobile ad responded to it by sending a text-message, clicking on it, or calling a specific number.
  • In analyzing the mobile audience, Nielsen found that teens were the most likely to recall seeing some type of mobile ad (46%) compared to 29% of users overall.  Asian-Americans and African-Americans were among other demographic groups with high recall rates, at 42% and 40%, respectively.
  • 88% of all mobile subscribers have a text enabled phone. 51% have received SMS marketing messages, and 25% have opted in to marketing messaging from a brand.
  • 14% said they are already open to mobile advertising so long as it is relevant to their interests

Will my customers want to receive mobile messages?

A new survey published by Compete.com indicates smartphone owners are very receptive to mobile coupons.  The survey, which looked at the time of day most smartphone owners use their devices, as well as what mobile advertising concepts they’re most interested in, found that usage during commutes to work and while watching TV were the highest by far.

To find out their receptiveness, the survey asked smartphone owners how interested they were in receiving various types of mobile advertising.  The results were quite interesting, indicating consumers were most interested in receiving grocery coupons (36%), scanable barcodes (29%), offers to save and pursue at leisure (26%), movie theater offers (26%) and promotion/coupon ads (21%) via SMS (text) when passing by a retailer.*

Can I afford mobile marketing?

Absolutely!  Mobile marketing is an extremely cost-effective medium to use with an exceptional return-on-investment.  While some firms have achieved an ROI as high as 54% or 62%, typical results range between 7 – 15%; still quite high as compared with more traditional media such as Direct Mail which typically attains a 2 – 3% ROI.

And now, Mobile Marketing is very accessible for even the smallest of firms.  Small business owners can implement their own unlimited mobile advertising campaigns – within minutes – for as little as $25 per month, through a service now being offered by Strategic Growth Concepts – and, no contracts required!

Where do I begin?

If you would like to learn more about Mobile, please TEXT the word STRATEGIC to 244326.  This will opt you in to Strategic’s Mobile Club, and notify us to schedule you for a FREE demonstration.  Members of our Mobile Club will be eligible for future special offers, and will receive tips on using Mobile Marketing to benefit your business.  If you prefer not to join the Mobile Club but would still like to receive the FREE demonstration, you can contact us directly at info@StrategicGrowthConcepts.com.

Sources: Babycenter.com, March 2008; Experian via Mobile Marketing Watch, Nielsen: Improved Recall, Comfort With Mobile Ads Study; Luth Research June 2009; *Smartphone Owners Want Mobile Coupons, Mobile Marketing Watch

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Should you be interested in learning more about mobile marketing and how it can help grow your business, please review the mobile section of our website, additional mobile marketing articles within this blog, or contact us directly via the website or email at info@strategicgrowthconcepts.com for a FREE initial consultation.

The author, Linda Daichendt, is Founder, CEO and Managing Consultant at Strategic Growth Concepts, a consulting and training firm specializing in start-up, small and mid-sized businesses. She is a recognized small business expert with 20+ years experience in providing Marketing, Operations, HR, and Strategic planning services to start-up, small and mid-sized businesses. Linda can be contacted at linda@strategicgrowthconcepts.com and the company website can be viewed at www.strategicgrowthconcepts.com.

Top 5 Twitter Analytical Tools July 9, 2009

Posted by StrategicGrowth in Social Media, Strategic Growth Concepts, Twitter, Web 2.0.
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As every marketer knows, if a marketing strategy is worth implementing, it’s worth measuring.  That includes social media strategies in spite of the fact that there is currently no cost involved in utilizing them.  It is still to your benefit to analyze the exposure that they are providing to your firm.  To help you in this endeavor, here is an excellent article that provides access to very useful tools to help you evaluate your company’s use of Twitter.  Check them out for yourself; you might be surprised at all the information they can provide you!

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by Ron Calleri, InventorSpot.com

What kind of footprint have you made in the Twitterverse? Do you know your Twitter ROI, your Twitter influence or stats that determine your Twitter psychographics? In the social media world, this data is becoming easier and easier to access as new analytical tools become available… and now you can track it.

Twitter Analysis Tools graphicBecoming more and more significant, social networking analytics will be used by companies to determine what type of consumer you are, and by prospective employees to consider you for hire. As a modernized version of the Kevin Bacon paradigm, social media has reduced our ‘connectivity to others’ from 6 to 3 degrees.

Most Twitter users are seeking exposure. Whether that reach is to sell a product or oneself, it’s up to the user. How they perform on Twitter to meet that goal will determine brand advocacy. The ones that work to perfect relationships and loyalty will thrive, while those that fall short of this goal tend to lose interest and drop off. One needs to know the value of the Twitter resource and the investment of time that is required to become a successful member of the Twitterverse.  

Similar to our every day lives, if one focuses on creating value, building transparency and becoming  authentic, the greater chance one has in making an impact on Twitter. I relate these personality traits to our newly elected president Barack Obama. He embodies these characteristics and could be the reason he was elected to highest office in the land  (also see previous blog that discusses Obama’s use of social networking)

So social networking analytics are the tools to both qualify and quantify our worth. Here, I have selected what I feel are the top five analytical tools that are available to us today. They will help us determine various aspects of our Twitter make-ups. Not totally perfected and some are still in beta format, I suggest you explore these tools to best analyze your brand and the value and reach of your tweets.

1) TwitterAnalyzer    
TwitterAnalyzer is one of the most comprehensive Twitter analyzer toolsTwitter Analyzer graphic out there. It tracks followers who are online when you are, number of readers that have been exposed to your message, your tweet habits, who is retweeting your updates, twitter follow statistics, growth rates, conversations being made about you, the size of your audience and your followers’ demographics. It will let you research the way your fellow tweeps behave. It will surface which messages they answer and which ones they paid attention to, drilling down to their occupations and which users and are in your line of work.

2) TwInfluence
TwInfluence is a  tool for measuring the combined influence of your Twitter account and followers, and then assessing your reach through the quality of Twinfluence graphicyour followers. Since all users and all followers are not created equal, this analysis will determine the “horizon of communication” that extends beyond your own direct contacts. This is demonstrated whenever somebody “retweets” your message and its influence begins to create ripple effect throughout the Twitterverse. TwInfluence uncovers one’s reach, elocity and social capital, and its worth the time to spend with this tool to learn how these components interact.

3) TweetStats
TweetStats will graph your total tweets by the month, by the day, and by the hour. It also tells you your number of @replies and which interface you used to Twitter your tweets. By calculating the volume of your tweets andTweetstats graphic retweets it quantifies your tweet density. Most people who say they get no value from Twitter should first look at their usage and consistency to realistically evaluate what they have invested in Twitter before they consider the results. This tool also allows you to spy on others or those that have amassed Twitterati fame, as long as you know their Twitter handle.

4) Twitter Grader
Twitter Grader graphicTwitter Grader is another third party app which calculates a grade for a particular twitter on a scale of 0-100. It will show you your ranking in your city, state, and country. It will also show you active and influential Twitter users that you may want to follow. The Tweet Cloud indicates the frequent user words in your Tweets with the most commonly used in larger print. This is very beneficial because its a quick overview of your content.In addition to the TwitterGrader, Hubspot also has a Facebook Grader, Website Grader and Press Release Grader that you should check out as well, if those stats are important to you.

5) TweetPsych
Still in Beta, TweetPsych is a work in progress. Its purpose is to build a psychological profile of a person based on the content of their Tweets. It compares the content of a user’s Tweets to a baseline reading that was built by analyzing an ever-expanding group of over 1.5 million random Tweets, and then highlighting areas where the user stands out. Dan Zarella,the developer behind TweetsPsych continues to expand his set of psychologicalTweetpsych graphic definitions, while also refining the system and its algorithm to better analyze Twitter-specific content.

Dan feels TweetPsych has great potential in matching like-minded users to identifying users that exhibit certain useful or desirable traits. He is asking users to provide him with feedback to improve the system and the technology and take TweetPsych to the next level. Check it out and report back to Dan.

Since all of these tools are free, I suggest taking them all out for a test drive to determine which ones work the best for you. In helping you qualify and quantify your Twitter efforts you can better define your goals. Sometimes, we get so caught up in what we are getting out of something that we often forget to look at we are putting into it. Are you worth following, do you create value for your Twitter followers? Are you an observer or an active participant that is part of a collaborative community? All these questions and more can be better assessed with the assistance of some or all of these tools.

If you honestly look at what you are investing in Twitter and continue to apply an analytical eye, you will slowly begin to benefit from the output and the fruits of your labor.

President Obama Utilizing Mobile Technology to Break New Ground June 4, 2009

Posted by StrategicGrowth in FaceBook, mobile, Mobile Marketing, Twitter.
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obama-cairoPresident Barack Obama, long a trend-setter in the use of social media to gather public opinion and share information with U.S. citizens, is once again breaking new ground in the use of today’s technology capabilities.

On Thursday, June 4th, Obama will utilize mobile technology to send highlights of his speech in Cairo, Egypt to the world.  The speech content will be transmitted via SMS messaging, and will be available in Arabic, Persian, Urdu and English.  A full transcript of the speech will be posted in 13 languages via Twitter, FaceBook and MySpace.

Read the full details about this groundbreaking event HERE, and then think how you might use similar ideas on a smaller scale for your business – and let us help you plan those strategies!  See examples of how businesses are using mobile marketing HERE, and contact us for assistance via our website or email at info@strategicgrowthconcepts.com .

A Master Class in Web 2.0 March 27, 2009

Posted by StrategicGrowth in Social Media, Uncategorized, Web 2.0.
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Whatever your politics, there is one fact that is undeniable about Barack Obama, the man knows how to utilize today’s Web 2.0 technology to reach his audience and convey his message. In the following story you will learn how he utilized an interactive website to obtain citizen participation in developing questions to be answered on an Internet broadcast, and that he had them casting votes to decide the “favorite” questions (or the ones that would be most popular with his Internet audience). You will also learn about the Internet broadcast Town Hall Meeting where he utilized those questions that were voted on. What the article doesn’t tell you, but I can because I saw it, was that he publicized the whole thing (both the website question request/voting and the Internet broadcast) via Twitter, which then resulted in hundreds of retweets, and postings on both Facebook and in LinkedIN groups. As I said, whatever your politics, you have to be impressed with his ingenuity in reaching out to his potential audience – and the response number he received (as indicated in the article below) that shows it to be working.So my question to you now is – “How can you apply these same strategies to your business to help it grow?” Think about it, if your website became interactive and allowed you to obtain customer response that helped you to market your product more effectively, wouldn’t that be helpful? And, if you could drive people to your website at absolutely no cost by developing a creative “Tweet” that would cause people to retweet and to post your information on Facebook and LinkedIN to be seen by even more hundreds of thousands of people – wouldn’t you find value in that?

With the country and the media saying that small business is necessary to the turnaround of the economy, and small business owners looking to Barack Obama for answers on how to help those small businesses help the economy – in my opinion, he’s already given us one of the answers. Follow his lead in the use of technology in promoting our businesses to our target customers – it costs us essentially zero dollars and the impact can be huge! So I challenge all small business owners out there – read the article below and then sit down and evaluate your business to think of ways you can utilize Web 2.0 technology to promote your business and increase sales. And if in the final analysis you decide you don’t know enough about it to come up with the ideas, then contact me – or another marketing professional – to help you make the most of this opportunity! I assure you, “our cup runneth over” with ideas we’d like to provide to clients willing to jump in to this new marketing arena and we’d love to hear from you!

 

Obama wraps up first-of-its kind Internet Q&A

 

 

 

 
  By Ron Edmonds, AP
   

WASHINGTON — President Obama wrapped up a unique Internet-era town hall meeting at the White House on Thursday, pushing hard for support of his $3.6 trillion budget and asking people to be patient with the administration’s efforts to resuscitate the USA’s ailing economy.

Obama said the precedent-setting online town hall meeting was an “an important step” toward creating a broader avenue for information about his administration.

He joked at one point about the number of questions about decriminalizing marijuana, saying he did not think that was the best way to stimulate the economy.

After a brief opening statement, Obama held a microphone and walked the floor in the ornate East Room, gesturing as he answered questions in an event reminiscent of town hall meetings he conducted in person across the nation during his campaign.

Before the event, the White House had said that 92,003 people have submitted 103,395 questions and cast 3,582,670 votes.

White House spokesman Nick Shapiro said about 67,000 viewers were watching the webcast, which was also televised on some cable channels.

In advance of the event, potential questioners signed up on the White House website “Open for Questions.”

CNN reported that Obama answered seven questions submitted that way, while also taking questions from the audience in the East Room.

Questioned also about growing unemployment, Obama said creating jobs was difficult during these hard economic times, and recommended that the work of the future should be in more high-paying, high-skill areas like clean energy technology.

Many of the lost jobs in recent years, Obama said, involved work that was done by people earning low wages and with limited work skills. He said it will take some time — perhaps through the rest of the year — before vigorous hiring resumes, and that might not happen until businesses see evidence the economy is rebounding.

On the home financing crisis, the second question put to the president, he was asked how his programs helped homeowners who are not facing foreclosure but have been deeply hurt by the recession. Many homeowners, after the housing price bubble burst late last year, now owe more on their homes than the houses are worth.

Obama told his Internet audience and about 100 people assembled in the East Room that his injection of stimulus spending into the housing market now makes it possible for 40% of all homeowners to take advantage of record-low mortgage interest rates. He encouraged eligible Americans to refinance.

Political operatives say the White House’s strategy is a way to reach a demographic key to Obama’s election.

“In the new world of online media, formal press conferences are just one element or program to get the message out — to those, usually older, who watch such things on TV. The online version he is doing is an alternative way to get out the same message, in this case on the budget, targeted toward a different audience, usually younger,” said Morley Winograd, a onetime adviser to former vice president Al Gore who now runs the Institute for Communication Technology Management at the University of Southern California.

“In both cases the questioners are just props — or, in some cases, foils — for the star, Obama, to deliver his message. But in the latter case, they get to self-nominate instead of be selected by elites,” Winograd said.

In a way, it’s part campaign-style politics and part American Idol, said political strategist Simon Rosenberg.

“Barack Obama is going to reinvent the presidency the way he reinvented electoral politics,” said Rosenberg, president of the New Democrat Network and a veteran of presidential campaigns. “He is allowing everyday people to participate in a way that would’ve been impossible in the old media world.”

Yet the process lends itself to softer questions and ones the White House is eager to answer, Republicans noted.

“The president is going back to the safe confines he was always most comfortable with, in this case a friendly audience where the focus is on the sale rather than the substance,” GOP strategist Kevin Madden said.

Contributing: Richard Wolf at the White House; Steve Marshall in McLean, Va., and the Associated Press