The Perks of Digital Advertising and the Battle of the Social Networks

Technological innovations and strides have granted anybody and everybody the ability to access any piece of information in the blink of an eye.

The world has revolved around this concept, and society has changed completely over the course of the last decade because of it.

Consumers are not only more intuitive but expect nothing less than knowing everything surrounding the product that they are about to consume.

Producers recognize this and deliver by utilizing the newest technologies to their fullest extents.

As a result, advertising has to be more intuitive and effective as well.

Utilizing the boundless capabilities of the Digital World as its consumers do and keeping up with this technology is the only way that the advertising/marketing industry will thrive and survive.

According to Time: Techland

Online adveritsing has generated a total of $26 billion in 2010, a 15% raise in revenue from 2009 (1).

This is a remarkable statistic for an aspiring digital marketer/advertiser like myself, but even more of a remarkable statistic for those who have or will invest anything into the Digital World.

An important question to address in this scenario is why, and how did this become?

As stated in the article, IAB Chief Executive Randall Rothenberg said that “helping to boost online sales is most likely the growing amount of time people are spending on heavily trafficked sites such as Facebook, Twitter and Netflix.

Thus, digital ads and marketing are one of the most effective tools that businesses can have to draw and keep customers.”

This is true, as placing digital advertisements in these social environments are proving to be more and more effective each and every day because of society’s new expectations.

As mentioned before, the society of the Information Age now demands that all information can be received at the most rapid of paces.

Those who provide this information in the fastest, most innovative and most creative ways will triumph.

However, those who effectively allocate all of this information into one source where others can share it will triumph over all.

The ability for information to spread itself is key and is why social networks are so lucrative.

That is exactly what Facebook and Twitter have done in the age of information, and why they dominate.

So Who Does it Better?

The answer is not too obvious, and certainly was not obvious to me at all.

However, after careful deliberation,  this writer believes that Twitter has done it better since its inception, and will always be dominate is this field over Facebook.

The reason that this is so is because of how each website’s life force is structured and designed to function.

Sean Parker could not have explained it any better via this quote from The Social Network. “We lived on farms, then we lived in cities, and now we’re going to live on the internet!” (2)

This quote, speaking about the effect of Facebook, is incredibly valid.

Facebook is not only a social experience but has expanded into a way of life. We live and breathe through our Facebooks, as people’s interpretations of our social profiles are congruent to their interpretations of our selves outside of the computer.

Digital Advertising cannot be as effective on Facebook as it is on Twitter because advertising on Facebook would be a direct interference into our online lives.

This is exactly why users do not see posts of advertisers newest products on their own Facebook News Feeds.

This scenario of post bombardment would be exactly the same as a representative from the Gap walking right to us in the middle of the sidewalk telling us about their newest deals four different times.

While the information may benefit us, hearing it more than once turns into annoyance, interferes with where we are going, and is thus not welcome.

Is Facebook Advertising Effective?

It very much IS effective for digital advertising.

It is one of the more effective strategies and the more efficient ways of reaching a large audience with minimal cost and effort.

However, what I explained before serves as the principle difference between Facebook and Twitter.

In the Facebook world, those who seek information can access it by searching within Facebook’s database to find it.

In the Twitter world, information is directly delivered to the consumer, by choice of the consumer.

The true distinction is that the Twitter user always purposefully seeks this information, as opposed to the Facebook user.

With Twitter, any user can follow a corporation or business, who can post specials at their own disclosure. These corporations are encouraged to post as many times as possible, and those who are hungry are one click away to all of the content in one place.

Twitter is the greatest form of window shopping of the internet has ever created and has to offer. It is also the embodiment of the success of simple ideas expanding beyond the wildest realms.

Social Networking: Not The Only Reason for Digital Advertising Success

The entire scope of digital advertising is one of the main reasons it is so lucrative.

New concepts of integration for advertising have been implemented, and are effectively drawing users into the content.

The advertising experience is more than just the advertisements now.

For instance, a digital ad for a movie no longer encompasses a poster, but a trailer, a link to the Facebook, Twitter and Youtube profiles for the movie, a behind the scenes look at the movie, and a direct link to the movie’s website with even more features.

You could even customize characters and share them on your Facebook or Twitters, or spread the word of the coolest advertising experiences you ever had by encouraging users to spread this information.

If you were to watch an advertisement on television, you could not access this information all at once. 

Digital advertising itself is an incredibly interesting field to work in and experience.

Newer “Rich Media” technologies are providing more intuitive ways to advertise.

For instance, be on the lookout for strides in Location Based Service Advertising and Integrative Advertising within Video Games to be the next biggest thing.

For now, if there was anything to take from this piece, it is that Digital Advertising/Marketing is evolving, and has massive potential for success.

Stay ahead of the game and you will dominate the game.

Sources:

(2)  The Social Network (2010)

Matthew Ian Preven is a current Penn State University student and Digital and Social Media Marketing/Advertising Enthusiast.

He has worked on multiple campaigns and marketing packages in his time at Comedy Central under MTV Networks/Viacom.

To connect with him, please feel free to visit www.about.me/mpreven

What’s your opinion? Let’s continue the dialogue below, in the comments section.

Small Business and B2B Inbound Online Marketing

It is becoming increasingly obvious in the B2B arena that inbound marketing works well for businesses, even the smaller ones. 

A recent study released by the Hinge Research Institute revealed a remarkable correlation between profitability and online lead generation among professional services firms. The study concluded:

Firms generating 60% or more of their leads online are 2X more profitable than those generating less than 20% of their leads online.”

You can read the blog for more information 

You may be wondering how inbound online marketing can work for your small B2B business.  Here are 3 possible ways:

Inbound Marketing Works By Targeting Those Who Are Seeking Your Services

Outbound marketing involves directly contacting potential clients to tell them about you and your solutions.

To use a fishing analogy, your company is expected to cast a wide enough net in order to capture at least a few interested members from a huge audience. 

Conversely, inbound strategies let potential clients who are specifically interested in your offerings find and come to you. This concentration on being found by interested parties rather than going after them is certainly an efficient and effective use of the fewer resources available in a smaller business.  

This efficiency can also be appreciated for B2B companies with limited marketing budgets and multiple time constraints.

Inbound Marketing Fits Small Business Budgets

When you are looking for services where do you go first?  I know I personally rely on the internet and specific search engines to find everything these days. I believe almost anyone can create an effective Boolean search on the internet that will allow them to locate what they need within a few seconds. 

Small businesses, even those with a focus on B2B marketing, should be using inbound marketing tools like social media, SEO, and internet advertising, to help them be easily found via search engines. 

Many of these tools are free (or inexpensive), efficient, and very user-friendly. 

Even the smallest of B2B business will find that inbound strategies are affordable and viable, especially with their high levels of efficiency and effectiveness.

Inbound Marketing Maximizes Integral Exposure

Inbound strategies provide an additional and beneficial component as a cost-effective advertising tool for small businesses with a B2B focus. 

This is done by borrowing the credibility and genuine interest of your leads, both actual and potential. 

When interested parties have located your company via SEO and social media, they are more likely to share your information with their friends and followers. 

Then those friends and followers will share with their friends and followers — and so on and so on.

Many of these B2B companies have their own online followings through their websites, FacebookTwitter, LinkedIn or blogs.

Their names and/or reputations may even be more recognizable than your own. 

This association will be beneficial for all parties who are involved.

Summary 

Your small business would be able to connect with many more potential leads in cost-effective ways and at a fraction of the cost of direct marketing campaigns. 

One of the best parts is that the leads have found you and are specifically interested in what you have to offer. 

No cold-calling or hard-selling… What’s not to like about that?

Any thoughts, or comments? Let us know how you feel in the comments section.

Guerilla Online Reputation Management: Low Budget, No Budget, No Clue? No Problem

Guest Post by  Jill Rowen

Everyone who has ever been to high school, or had a friend enter into sorority/fraternity life in college, knows the importance of a reputation. Reputations could make or break your social life; Remember that time at that party when Doug dressed up as a monkey, shoved Richard, fought Mike and then up chucked in the living room?  You never knew Doug, that is, until yesterday. However, you have known of Doug for several years since the incident at that party. How are you reacting to meeting him, are you able to overlook what you know about his potential alcoholism and emotional instability? Are you willing to let your friends, family and colleagues know you associate with Doug? Are you able to believe that he has changed over the last few years?

Online Reputation is everything as we grow older and enter into business. The internet acts as a bathroom wall where anything and everything can be written about you, whether true or not, and erasing (managing) your negative feedback is even harder than taking a sharpie and scribbling over the words, hoping not that many people had read it yet.  How do we manage our Online Reputation?

You Are Your Brand

For starters, NO ONE, knows YOU or YOUR PRODUCT better than YOU do. Tell people what you do.  Tell people how great YOU are. Set the stage for everyone to know exactly who you are before someone else can define you.  

Whoever Strikes First Wins

Make sure when someone wants to post disparagingly about you there will be a debate about the post and posters validity. Whoever strikes first wins – and like Charlie Sheen, make sure to wake up winning.

Your Online Reputation Needs Some Work… Now What?

 On the off chance you have managed to anger someone out in the world and they decided to bring down your reputation… online. There are few steps that you can take.

  • Contact the person directly and see if you can smooth this situation over and possibly have them remove or revise their post.
  • You can always post a reply apology which may smooth things over with a third party viewer, but make sure to not admit fault or guilt. This tactic is only for extreme situations and only meant to make the poster of the bad press look emotionally unstable so no one values their opinion.
  • If this doesn’t work, recruit your friends to write good things about you/your company/your services so the one bad review seems like an anomaly.
  • Make sure to not do this all at once so it’s an obvious tactic to dilute your bad press.  Ask one or two friends per week to post good posts about you for a month or so, or ask all of your friends at once but do two to three friends per website.
  • Blog for and about other people/companies. Make friends on the internet who will link to you and say great things about you.  Start by blogging about how great someone else is, then send them a link to your post.  You will surely get some link love if not a corresponding blog back.
  • Comment on other blogs related to you/your interests/your company or industry.  This will not only make you an expert in your field (and who cares if an expert is criticized, it happens all the time) but it will allow people to form their own opinions of you meaning the bad press will not phase your public as much, if at all.
  • Use your social media to build a fan base around you to protect you against Internet attacks. Even if every review you had was bad, potential clients have to ask what it is you are doing so right that everyone still loves you.
  • Having a Facebook page with many likes or a twitter account with 1,000 followers doesn’t mean anything if you’re not active in your community. Post topically, post frequently, and when in doubt, just repost other people’s stuff – they’ll love it.
  • Reposting is a must and is the ultimate online hype man move. It adds immediate credibility to the original post; everyone who has a hype man is going to return the favor if for no other reason than to ensure that hype mans value for their ultimate, continuing gain.
  • If your online persona/professional persona is nothing like the way you behave at home, make your personal social media extremely private.  If you don’t know someone personally, don’t friend them on Facebook, and keep your tweets locked.  If you know them professionally and want to have an online relationship, that’s what LinkedIn is for.

Remember: 

Always take the high road. Try not to engage in negativity.  If you feel there is no other way to do this, you have one of two options: ask someone else to be negative for you, or commit fully to your new, jerky persona. At least with a jerky persona, people will know you for something rather than nothing, and know what to expect. I highly recommend only using this tactic if your product is in fact, the best, or just that hard to find.

Jill Rowen

Sales and Marketing Coordinator

Apple Visual Graphics

718.361.2000 (phone)

718.433.4587 (fax)

jill@applevisualgraphics.com

www.applevisualgraphics.com