Friday, April 29, 2016

#SocialSkim: What Facebook's Algorithm Change Means, Plus 12 More Stories in This Week's Roundup

This week's all about optimization and user experience—from the social network and brand perspectives. Facebook grabbed headlines with a big algorithm change that aims to reward high-quality content, and social media industry leaders united to stress the gravity of live video.
We'll also divulge all the details about Facebook's rumored standalone camera app meant to rival Snapchat, share surefire ways for your brand to build a successful presence on messaging platforms like WhatsApp, and tip you off about the best tools for upping your Instagram game.
Skim for all the latest!
Facebook tweaks News Feed algorithm in effort to boost engagement
The social network announced a series of algorithm tweaks affecting what posts are likely to appear in a user's Timeline.

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The first tweak places higher priority on engagement time, which not only reflects whether a user liked or commented on a post but also now uses data from Instant Articles and the like to see how long those users spent on similar posts from an author or publisher in the past.
Facebook's second adjustment will reduce how often people see several posts from the same publisher in a row, a response to user complaints that their Timeline content is becoming repetitive and boring.
The company notes that publishers may see a very small increase or decrease in traffic, but says no significant changes are expected. In all, the shift is a move toward quality over quantity, and should reduce the amount of clickbait we see.
1. Social marketing leaders converge to spotlight the importance of live video
Marketing nerds of the world descended on San Diego this week for the world's largest social media conference, where industry leaders made two things clear: Snapchat has shed its awkward adolescence and now demands the attention of all, and live video has become the most vital form of content.
That may not sound like a revelation to those of you who 'Skim with us every week, but there's a shift in social that takes us beyond posting and commenting, and now all but requires a combination of elements, including audio, video, live video, and image creation. It's a more complex puzzle that requires a whole new way of thinking, and an entirely new approach to content marketing.
In short: that meeting you keep pushing back between your strategy and creative departments needs to happen now.
2. Snapchat quietly kills its in-app payment option
After a failed attempt to get consumers to pay the network directly for the privilege of re-playing snaps, the ephemeral photo-sharing platform shuttered its in-app payment option.
This comes just two months after the company stopped selling lenses back in January, signaling that the app might have difficulty expanding its revenue streams outside of its core ad business.
In a bright spot, Snapchat has seen success with its new On-Demand Geofilters, which allow individuals and organizations to design and buy filters at affordable rates.
3. Facebook reportedly plans to take on Snapchat with standalone camera app
report from the Wall Street Journal says the social network has tasked its London team with developing a Snapchat competitor in the form of a standalone camera app that incorporates livestreaming capabilities.
Even if it comes to fruition, any consumer-ready product is a long-way off, and Facebook has reportedly declined to comment further. Given the mixed-bag of success with previous app endeavors, we'll have to wait this one out to see whether it truly becomes a Snapchat killer.
4. YouTube rolls out six-second video ad product
They're called Bumper ads, and their unskippable, six-second format is best on mobile, where snackable video bits perform well. Do you think your brand could tell its story in six seconds, like Audi did in its Bumper ad below? Let us know in the comments!
5. For many publishers, Twitter video beats Facebook
Mark Zuckerberg's aversion to pre-roll video ads because of what he views as a terrible user experience has given Twitter a first-mover advantage in monetization.
Twitter's reach might pale in comparison with Facebook's, but mainstream media publishing partners such as Mashable are making hundreds of thousands of dollars in revenue per month via Twitter's pre-roll video and revenue-sharing program, Amplify. Comparatively, publishers are making virtually nothing on Facebook.
Facebook might find the key to balancing user experience and ad revenue for video soon; but, until that happens, Twitter will be leading the pack for many.
6. Twitter delivers slight user growth, but investors remain wary
The social network's quarterly report highlights 5 million new users after a drop last year, bringing the platform to 310 million monthly active users. But investors aren't convinced of Twitter's long-term viability, noting that the company's revenue fell short of expectations, which indicates that marketers aren't increasing spending as quickly as hoped.
7. The ultimate guide to marketing on WhatsApp
With more than one billion active users worldwide and 30 billion messages sent daily, WhatsApp is ripe for marketers. From the pros and cons of the platform from a business perspective, to prime examples of brand campaigns, let us demystify the medium with the ultimate guide to marketing on WhatsApp. Also, check out a great example of engagement by Absolut Vodka:
8. How to best connect with consumers via social media messengers
We've talked a lot about the rise of messaging platforms as the new and exciting medium for businesses to engage with consumers, but how should brands tackle their new responsibility? We've got five pro tips on how to best use the platforms to connect with customers:
  1. Stay true to your brand. Don't stray away from the qualities that make your brand what it is. Carry the same personality traits to messaging platforms by avoiding scripted, copy-and-paste replies that will rile up consumers.
  2. Provide real-time customer service. Take advantage of the immediacy of messaging to resolve customer issues quickly. Don't redirect them to website FAQs.
  3. Take conversations private. Use Twitter's direct message embed feature and Facebook's ability to reply to customer posts via Messenger to discuss details in private.
  4. Treat customers like people. Which they are, of course. Don't just personalize your communications, be personal and personable. Show emotion and listen.
  5. Sound human. People know when they're talking to a robot. Make sure your conversations sound like person-to-person exchanges and not automation.
9. Facebook's long game to triple its user base could affect tech economy forever
Key to Mark Zuckerberg's plans to onboard two billion more Facebook users is the company's goal to bring those users—often in developing countries—online. But since the cost of Internet access in those regions makes doing so difficult, Facebook has done something that jeopardizes the survival of many of today's tech giants: embraced open source concepts.
Open source projects help create products that lets Facebook spread its service at the fraction of the cost of traditional tech companies, and the social network views this decrease in cost of tech products as key to lowering the cost of telecommunications networks, and ultimately the cost for users to join Facebook. Whether the long term plan materializes or not, Facebook's strategy indicates that it's serious about moving into far deeper territory than your News Feed.
10. How user-generated content on social boosts brand value
new report from Bazaarvoice suggests that brands might be able to do a bit less work, because simply interacting with user-generated content (UGC), or as it calls it, consumer-generated content (CGC), is enough to convert users and increase revenues.
Conversion increases 78% for brands that use UGC in their social marketing strategies, yet only 61% of brands use it. Considering UGC's benefits, here's an important refresher: UGC doesn't have to come in the form of complex, consumer-generated product idea campaigns, but also includes simple things like critical ratings and customer reviews, a picture or video, or a brief comment.
With stats like these, incorporating UGC is a no-brainer:
11. Six tools to help your company shine on Instagram
Instagram is a tricky platform for some, with many B2B marketers thinking it simply doesn't fit the nature of their business. But, Instagram is growing faster than Twitter or Facebook, so now's the time to get your Insta strategy in tip-top shape if you haven't already.
From developing a signature filter look and embedding your feed on your website for more visibility, to platforms to track your performance and schedule posts, read through this list of six indispensable tools. Trust us, you'll be happy you did.
12. We'll wrap with how brands marked Prince's death on social (Hint: some, not so well)
America lost its Prince last week, and brands of all stripes took to social to share messages of mourning and reminisce on the music legend's career. Some showed genuine efforts to honor the singer, while others came off as opportunistic and product-pushing. Users didn't respond well to the latter.
General Mills and 3M missed the mark and riled up users with what appeared to fans as pure opportunistic marketing. Spotify and NASA won the day, with messages without commercial elements.
Brands, before you post about current events, ask yourself whether you're pushing products and get an opinion from outside the organization. Even if you've nothing to say at all, silence is better than a PR disaster.




Read more: http://www.marketingprofs.com/chirp/2016/29831/socialskim-what-facebooks-algorithm-change-means-plus-12-more-stories-in-this-weeks-roundup#ixzz47E5Dhy6C

Friday, April 22, 2016

#SocialSkim: Facebook Tests Massive News Feed Revamp,

The race to find new ways to engage consumers and give brands new means for measuring success reached full throttle this week. Facebook began testing a redesigned News Feed and exploring in-stream ads to monetize live video, and YouTube one-upped Facebook by introducing live 360-degree video.
We'll also fill you in on Twitter's new tools that make targeting specific audiences a cinch; we'll explore the fully redesigned app that Pinterest is betting on for global expansion; and we'll dive into the latest Millennial B2B research to find out where they buy and what type of content they want to see.
Skim to stay ahead of the game!
Facebook testing massive revamp that could bring more news to your News Feed
The social network confirmed it's working on a solution to let users explore more stories around particular topics that they're interested in, and the result appears to be a new layout for mobile that breaks down feeds into different categories.

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Screenshots of the possible layout first surfaced on Twitter, and they show four feed sections that include the standard News Feed we're all used to, and then optional categories, including World & US news, Sports, or Food, among others (after all, food videos absolutely kill the competition on the platform). No news on whether such a retooling would be released, or when!
1. Facebook to test in-stream ad options, signaling a move toward monetizing video
Buzzfeed may have drawn 800,000 viewers for its Facebook Live watermelon explosion stunt, but the social network drew zero dollars in ad revenue. In what could mark a big change in the platform's policy and a step toward monetizing live video, Facebook appears set to test ads right in the live stream for the first time.
Any such ad product is months away, and pre-roll video is still off the table according to sources, but it's a promising sign for publishers, who stand to make some extra money on their video content, and it could point to the future of video advertising on the platform.
2. YouTube introduces live 360-degree video
Facebook may have introduced live streaming and a 360-degree camera recently, but the social network hasn't yet been able to combine the two. The world's second-largest search engine, however, filled that void this week with YouTube Live 360, which gives users the ability to stream 360-degree video live on the platform without overly fancy equipment.
For creators, the product will work with cameras as cheap as $350, far less than the $17,000 it would cost to build the open source hardware Facebook introduced at F8.
The fight to provide immersive entertainment rages on between the social tech giants... and though YouTube Live 360 is no virtual reality, it could help bridge the gap until VR becomes a household fixture.
3. New Twitter tools make targeting and monitoring results easier
Meet Ad Groups, the social platform's latest effort to make it simpler for brands to segment and monitor ad performance. The new features let marketers reach consumers with more detailed criteria, as well as create sub-campaigns that target users with audience-specific creative.
Campaign objectives such as engagement, video viewers, or followers can also be set, and all performance metrics are viewable on your Twitter Analytics page.
The update lets brands reach users at a more granular level, helping them test different audiences, improve how they measure results, and identify best-performing content.
4. Pinterest's completely redesigned app to launch next week
Out with the old and in with the new. The online pinboard site essentially gutted its old app and will next week release its modern remake meant to streamline the user experience.
The refreshed design, which will emphasize the pins themselves rather than descriptions and icons, will first be available on iOS, and arrive on Android and the Web in the coming months.
The update triples the load time of the application and brings along support in 31 languages, indicating the network's global ambitions.
5. Interactive video ads arrive on Facebook and Instagram
Online rollover ads let consumers access more information about a brand by moving their mouse over a video promo, allowing brands to bring a new layer of engagement to a format that used to ask viewers to do but one thing: watch.
After a successful test with a British coffee company led to 35% engagement, video marketing solutions company Innovid just launched a beta program to make its interactive video format compatible with social platforms.
The tech vendor's integration begins with Facebook and Instagram, but we think the format is a sign of things to come in the campaign to make social media users active participants.
Check out an example rollover ad below, and start thinking about how your brand could take advantage of such a cool tool.
6. Snapchat takes the stage to dispel misconceptions about its ad offering
Snapchat has received its fair share of negative publicity with regard to its proposition—from its ads' being far too expensive to underwhelming analytics for marketers. The social network stopped shying away from these concerns and took the stage at an Advertising Week event to offer clarity.
The vice-president of content delved right in, conceding that the app's ephemeral nature—in which all ads are "opt-in"—is something many marketers have yet to grasp. Addressing cost, he noted that entry-level ads now costs "tens of thousands," and that the new geo-filter product is "significantly" cheaper than that.
The folks at Snapchat are convinced that advertising won't kill the platform, but it's up to them to make sure marketers see the value within.
7. Instagram beefs up video offering with personalized feed and themed channels
Instagram overhauled its Explore page, adding a slew of themed channels featuring specific creators and events, as well as a personalized "Videos You Might Like" feed that makes it easier for users to stumble on video content from across the platform. The new channels are mixed in among thumbnails of photos, and in a Snapchat-like technique they auto-play after one video ends.
The social world is adjusting to drastic increases in mobile video consumption enabled by faster connections and bigger screens, so Instagram's latest change makes sense given parent company Facebook's unrelenting push into video of all sorts.
8. How to use Facebook Instant Articles for business
Last week, Facebook gave everyone the ability to publish < http://instantarticles.fb.com">Instant Articles that drive more traffic with lightning-fast load times—but what purpose do the articles serve if brands have no idea how to use them?
From familiarizing yourself with the format and configuring monetization settings, to styling and submitting articles for review, our friends at Social Media Examiner have you covered with all you need to know!
9. The content Millennial B2B buyers look for, and where they look for it
New research from Sacunas finds that 73% of Millennials working in organizations where B2B buying occurs are involved in product or service purchasing process, indicating a need for B2B marketers to adapt their strategies to the habits of such a group.
MarketingProfs breaks down the findings, including need-to-knows like what channels are most important for Millennials researching to buy, and what content formats resonate most. Happy skimming!
10. The rise of 'social signaling' and how can marketers respond
There was a 21% decline in the sharing of personal stories on Facebook in 2015. Users began preferring to signal what matters to them through more indirect, impersonal sharing of news, petitions, video clips, and more, rather than publishing a text discourse and broadcasting it to their 850 closest "friends."
This "social signaling" is on the rise, possibly marking a big change in how consumers share on social. Brands that aim to involve consumers in their campaigns should recognize this trend and adjust in a way that enables users to signal their interest even if they don't do so as explicitly as before.
One can look to Coca-Cola's Share-A-Coke campaign for inspiration on how to do that. The times they are a-changin'!
11. How consumers are using Facebook Reactions, and what it means for social marketers
It's been eight weeks since the social network gave its 1.6 billion users the ability to express themselves with five new emotions, a move that turned consumer sentiment into an easily quantitative metric.
Marketers can now simply assign values to each Reaction and track across content type, matching the scorecard to their objectives. Brands can also correlate their KPIs to Reactions to help prioritize content that resonates and increases social ROI.
Although the types of Reaction that consumers use don't play a part in Facebook's algorithm, and thus don't affect your post reach or performance, that will likely change in the future. Until that happens, keep experimenting to find out exactly what content boosts your KPIs the most.
12. Viber boards the encryption train, adds hidden messaging feature
The messaging platform counts 44 million users in the US among its 711+ million worldwide, and is the latest to introduce end-to-end encryption on its platform amid growing privacy concerns. The app also introduced a hidden messaging feature, which enables users to "hide" chats on their accounts.
What else does the future hold for Viber? You guessed it: bots. The new encryption feature will roll out over the coming weeks, while bots and other, business-friendly CRM tools should be available in the coming months.
13. We'll wrap with the saga of Boaty McBoatface
The objective was to harness the power of social media and let citizens choose the name of Britain's National Environment Research Council's (NERC) new £200 million research vessel. The results? Boaty McBoatface. That's the gem of a name that, after a former BBC Radio presenter decided to throw his idea into the hat, racked up four times as many votes as the runner-up thanks to word-of-mouth on social media!
Rules stating that the organization will have the final say mean that NERC likely has an easy out this time, but this episode goes to show that brands must be particularly cautious when incorporating user-generated content as a part of their strategy.
Whatever name the vessel ends up with, it will study ice sheets, ocean currents, and marine life when it sets sails in 2019. But it will always be Boaty McBoatface in our hearts.


Read more: http://www.marketingprofs.com/chirp/2016/29782/socialskim-facebook-tests-massive-news-feed-revamp-plus-13-more-stories-in-this-weeks-roundup#ixzz46ZBSdWMB