Thursday, January 28, 2016

Most Brands on Instagram Post Daily Content

January 19, 2016 | Social Media
Brands are highly engaged with social media, especially Instagram. And according to 2015 research, more than three-quarters of brands with Instagram accounts post daily.

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L2 Think Tank revealed that 78.4% of brands that had Instagram accounts posted content daily. Twitter was not too far behind; 74.6% of brands posted on that social platform daily.
Facebook also ranked high, with 64.7% of brands tracked by L2 Think Tank posting content daily on the site. Surprisingly, only 15.9% of brands with Snapchat accounts said they posted content daily.
Brands are increasingly turning to social media to drive user engagement, as well as ramp up awareness for their company. And brands are not just posing content on these sites, they‘re advertising on them as well.
In fact, 72% of US marketers said they were interested in allocating money to Instagram for advertising, according to a September 2015 survey from RBC Capital Markets and Advertising Age. Snapchat also captured the interest of 36% of marketers surveyed.
- See more at: http://www.emarketer.com/Article/Most-Brands-on-Instagram-Post-Daily-Content/1013476?ecid=NL1003#sthash.Y2tNHHGO.dpuf

Social Predictions for 2016


As we enter further into 2016, here are three predictions that I expect to see over the course of the year.
Facebook search advertising
Facebook is in a strong spot for advertising revenue as it focuses on monetising the 1.5 billion searches conducted on the platform every day. The social network has focused on developing its proprietary product, Facebook Search, indexing all its content including posts, status updates, and photos. Improvements to the search function include personalised search suggestions and quick access to the most recent, relevant posts from both friends and the public. The initial purpose is to help people search within Facebook – which is in line with the launch ofInstant Articles, a solution designed for publishers to post quality content on site directly. However, we predict that Facebook will launch sophisticated keyword-triggered advertising solutions in the near future as it continues to assist the organic reach of content.
Brands will leverage live streaming on social
Live streaming via social networks is increasing in popularity and is likely to become a major trend in 2016. Facebook’s Live service and Twitter’s video appPeriscope are already moving social media into real-time video and we predict that we will see Instagram and Snapchat launch similar solutions in the near future. This real-time content flowing across social media offers unique opportunities for advertising, as brands leverage its spontaneous, conversational benefits to add authenticity to their marketing strategies. It will undoubtedly lure some advertising spend away from TV, so specific ad formats for live-streaming are likely to be under development as we speak. Given the risks associated with real-time advertising these formats will need to incorporate advanced moderation functionality to enable brands to maintain control.
Snapchat, Instagram and Pinterest excel in 2016
We predict that the advertising propositions of Snapchat, Instagram, and Pinterest will mature throughout the coming year, and the industry is already seeing a strong shift of test budgets to these platforms. There is a particular focus on Pinterest in the U.S, while Instagram is gaining interest in both the U.S. and EMEA. Instagram and Pinterest have enormous potential for direct response activations due to the pattern of user engagement, and brands will increasingly leverage these platforms with highly creative sales strategies. While Snapchat is currently focusing on growing its user base, it is set to become the next big advertising platform once an ad API is revealed. The combination of its young audience and unique format is likely to divert TV ad spend. With these emerging ad platforms, marketers are more than ever looking to tech solutions like MediaMath to provide cross targeting and reporting across multiple channels.

Surprising and Delighting Customers Boosts Brand Perception Customers are happy with a variety of surprise rewards


January 22, 2016 | Retail & Ecommerce
Marketers may find it difficult to surprise and delight consumers—but research among internet users in Canada suggests there are several promotions almost equally beloved by brand loyalists.

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Loyalty marketing firm LoyaltyOne asked internet users about what they think when companies randomly select groups or individuals to receive a gift or other special experience. These “surprise and delight” rewards were highly appealing, with several selected as desirable by at least 80% of respondents.
The top response was rewards for seniority: 90% of internet users in Canada liked when longtime customers received special privileges. Tied with 86% each, surprise discounts after a month of big spending and free samples based on frequent purchases were also both highly appealing.
The survey also found that 95% of internet users in Canada had better perceptions of a brand after receiving a “surprise and delight” reward. A majority said they went on to share their positive feelings with friends and family.
Earlier research in Canada, conducted in January 2015, found that while consumers in Canada belonged to more loyalty programs, they weren’t participating in them much. Surprising and delighting members could be one way for loyalty marketers to get their attention back.
- See more at: http://www.emarketer.com/Article/Surprising-Delighting-Customers-Boosts-Brand-Perception/1013493?ecid=NL1003#sthash.hMcwE93l.dpuf

Snapchat's the most popular social platform for new ad campaigns: Study


Dive Brief:

  • According to eMarketer, a Cowen and Company survey of senior U.S. ad buyers on what social media platform they expected to begin advertising on in 2016 for the first time shows Snapchat led the list at 22%, trailed significantly by Instagram and Pinterest at 12%.
  • Meanwhile, 39% of respondents said they don’t intend to add any social media platforms to their advertising mix, eMarketer reports.
  • In research from last September, RBC Capital Markets and Advertising Age found that Instagram was the leading social media platform for interest in allocating ad budgets this year at 72%. That survey had Snapchat in third place at 36%.

Dive Insight:

Snapchat is proving to be very formidable in video views, claiming seven million views per day from its 100 million users, inching closer to Facebook’s eight billion daily views from its much larger base of 1.55 billion users.
One issue Snapchat faces is that it scored low for effectiveness in driving ROI and social ad targeting, per the eMarketer report, "Social Advertising Effectiveness Scorecard: Industry Execs Grade the Leading Platforms."
However, Snapchat has been making concessions to marketers, so that in addition to its video views and millennial-heavey audience, it can tout other ad-friendly updates. Last December, Snapchat also made a policy change that let its Discover portal publisher partners link to Snapchat content on other platforms such as Twitter and Facebook.
The messaging app is also building an API for its advertising partners that is expected to be ready for testing this spring. When news of the API broke, an agency executive with knowledge of Snapchat’s plans told Digiday, "Snapchat’s ambition going into 2016 is to have many more opportunities for e-commerce on the platform and other stuff that is more about building audiences."

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How marketers are using Facebook's direct messaging apps


Even though Facebook Messenger and Facebook--owned WhatsApp don’t allow for third-party advertising, brands are making use of the direct-message apps for marketing.
The social media giant acquired WhatsApp in October 2014 for $19 billion, and recently made a change that made the app free. In early December Facebook made a significant change with Messenger allowing businesses with Facebook plugins on their websites to include a Messenger box that allows visitors to initiate chat sessions with the company via Messenger from mobile or the desktop website. This gives marketers a more direct customer service link to concerned or engaged consumers. What’s enticing for marketers is Facebook doesn’t charge for the live chat plugin, and it allows marketers to tie into Messenger’s 700 million monthly active users.
While neither app allows for third-party advertising, thanks to Messenger's open API, it has a leg up on WhatsApp for marketing on the app, according to Eyal Pfeifel, co-founder and CTO of imperson Ltd. What's more, he points out, WhatsApp seems to have "different strategies regarding brands and consumers."
The social networking giant only recently opened Messenger to businesses with the Messenger for Business initiative, he explained. Pfeifel told Marketing Dive imperson markets on Messenger, saying, "We are using Messenger to provide a one-on-one engagement experience for users, enabling them to chat with familiar characters from TV or movies."
Imperson’s marketing on Messenger is based around engagement, according to Pfeifel. “We believe that creating an entertaining experience is critical, so this is one of our main tactics. In addition, using familiar characters (like famous TV or movie characters) helps create the emotional attachment that is also important in such an engagement," he explained.
Other ways brands are using Messenger include e-commerce companies Overland and Zulily that partnered with Facebook with the launch of Messenger for Business in March 2015 to send customer notifications about shipments and even conduct transactions on the app. Facebook even offered peer-to-peer payment capability in select U.S. cities, although that hasn’t yet turned into a widely available Messenger feature.

What’s up with WhatsApp?

Even though WhatsApp doesn’t have an open API or a WhatsApp for Business like Messenger, brands are still making use of the app for marketing. One example is jeweler Rare Pink with 10% of its clientele – often buying engagement rings – communicating with Rare Pink’s sales staff exclusively through WhatsApp. According a Forbes article, the draw is the app is an online medium available to Rare Pink’s customers while they are at work, and the app doesn’t trigger retargeting ads that might show up on a computer and possibly be seen by the intended recipient of the ring.
Rare Pink’s co-founder and CEO, Nikola Piriankov, told Forbes, "Most of our customers are men who are worried about the whole secret being caught."
Although there’s no clear path for Facebook to monetize marketing on Messenger or WhatsApp, there are plans to possibly charge businesses looking to connect directly with an audience on WhatsApp. Founder Jan Koum told the New York Times the team was testing how those services might work and pointed out that companies are actively using WhatsApp, especially in developing countries.
Separately, Koum wrote in a blog post that the app is experimenting with ways to allow brands to use the app to tap into its vast audience  which is close a billion global users.
"Starting this year, we will test tools that allow you to use WhatsApp to communicate with businesses and organizations that you want to hear from," Koum wrote. "That could mean communicating with your bank about whether a recent transaction was fraudulent, or with an airline about a delayed flight. We all get these messages elsewhere today – through text messages and phone calls – so we want to test new tools to make this easier to do on WhatsApp, while still giving you an experience without third-party ads and spam."
Given the large user base for both apps, marketing on Messenger or WhatsApp offers marketers a chance to provide personalized services and engage with consumers one-to-one. Though consumers can expect to not see ads any time soon in WhatsApp, given the unique direct-to-consumer messaging possibilities available through the app, they might expect to see more brands logging on nonetheless.

Instagram massively increased the number of ads it shows in the last few months


Ben and Jerrys InstaBen and JerrysBen and Jerrys sponsor Instagram posts
If you use Instagram frequently, you will have probably already noticed a massive increase in the frequency of advertisements that nestle between your friends' selfies and plates of food.
But new data from Brand Networks has revealed the massive scale of this growth. Brand Networks is an ad network which handles social advertising for companies like American Express, AT&T, and ABInBev.
The total number of impressions on Instagram served via Brand Networks in August 2015 was 50 million. In September that doubled to 100 million. But, by December 2015, the figure was 670 million. That's more than a 13 times increase.
And Brand Networks does not think that this rise is over. The a network predicts that it will deliver more than 1 billion Instagram ad impressions per month by the end of Q1 2016. Though the data is only representative of Brand Networks' ad impressions, not the whole of Instagram, it shows a clear trend for Instagram advertising in general.
This is what the staggering growth looks like in a graph:On_The_Rise_Infographic_Brand Networks
The average cost per-1000 impressions on Instagram also increased, but at a much slower rate. It rose from $5.21 in September to a peak of $7.20 in November, before dropping to $5.94 in December:On_The_Rise_Infographic_Brand Networks
Jamie Tedford, CEO of Brand Networks told Business Insider: "One thing that really surprised our analysts was the fact that almost half of the ad impressions we served in November were video ads. This content type is experiencing a meteoric ascent to prominence in Instagram ad campaigns much faster than expected. A shocking 92% of the ad impressions we served on Cyber Monday were video ads."
Brand Networks also provided data on the average cost per thousand impressions by industry. It will cost a brand a lot more to advertise "fashion" than "travel" or "casual dining" on Instagram:
On_The_Rise_Infographic_Brand Networks