3 Tips for Building a Social Media Persona and Deploying Effective Content

Posted by Doug Wilber on October 30, 2018

Have you seen Wendy's cheeky tweets? What about cruelty-free fashion brand Wholesome Culture's meme-filled Instagram? These days, companies throw everything they've got at social media because attention means eyeballs — and eyeballs mean money. For every $2.50 spent on social media, businesses can reach 1,000 people, and 9 out of every 10 consumers say they'd recommend a brand after a positive interaction on social platforms.

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Topics: bank marketing, Social Selling, social media strategy, FFIEC, saving time, social media management and compliance, brand, social media presents, team management, regulated industry

Gamifying the Game: Engaging with Super Bowl Ads

Posted by Emily Lange Rodecker on February 1, 2013


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Topics: brand, Business, gamification, Marketing, social gaming, social media, super bowl

4 Ways to Measure Social Media ROI with Gremln

Posted by Clayton Smith on December 14, 2012

Now that 2012 is just about over, I can officially state, with all appropriate certainty, that the social media question I heard the most often this year was, “How do I determine social media ROI?” The main reason returns on social strategies are so important, of course, is that success (or the lack thereof) almost always determines budgets, and every now and then it even determines jobs. Which makes this a very important question indeed.

Some people will tell you that you can’t calculate social media ROI, but I respectfully disagree. Measuring social media ROI isn’t impossible…it just isn’t straightforward.

When you calculate return on a traditional financial investment, there’s a simple, straightforward calculation that allows you to quickly determine your return: ROI = (Gain from Investment – Cost of Investment) / Cost of Investment. The reason this formula is so straightforward is that all the variables are distinct. You know how much money you’ve invested, and you know how much money you’ve gained from that investment. Simple.

The reason social media returns aren’t quite so simple to calculate is because the variables aren’t as clear cut. What, exactly, have you invested? Employee salary? Graphic design costs? Social media software costs? Facebook ad expenditures? Product giveaways? Where do you draw the line between social media resources and everyday business expenses?

And how about that return? Ideally, of course, you’ll see an increase in revenue as a direct result of your social strategies, but that’s not the only type of positive return you can get. What about engagement? Social media is all about building communities of people who, when the time is right, will rally around your product or service…so high levels of engagement are important, aren’t they? And how about brand strength? If you can manage to move your Facebook likers from fans to brand loyalists, what’s the dollar value there? Certainly that’s a positive return. The same goes for customer service. If you use your social media as a customer service tool (and you should), isn’t customer satisfaction a positive return on that investment?

The problem isn’t that social ROI is impossible to calculate; the problem is that there are just too many ways to calculate it. In order to get an accurate return measurement, you’ll need to settle on the type of return you want to measure. Here are four suggestions on getting started, with a little help from Gremln:

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Topics: 101, brand, Business, business, campaign, dashboard, education, facebook, google+, google plus, gremlin, gremln, linkedin, Marketing, media, ROI, small business, social, social media, strategy, twitter

Ditching the Pre-Social Mentality in a Social Marketing World

Posted by Clayton Smith on November 8, 2012

Last week, RAM Racing sponsored the Hot Chocolate 15K/5K race in Chicago. The race was held on Sunday, and the runners were to pick up their race packets on the preceding Friday and Saturday. The race on Sunday came off smoothly; packet pick-up, on the other hand, was something of a disaster.

Due to poor overall organization and a few technological hiccups, the packet pick-up process, which might normally have taken 15 or 20 minutes, took some people over three hours. Three hours of standing in line, out-of-doors, in the famously brisk Chicago wind.

This wait, born of organizational missteps, would not normally be worth mentioning here on the Gremln blog—companies find themselves handling dropped balls all the time. But the irritated runners who were made to wait outside for hours took to Twitter and Facebook to express their anger toward the organizers of the Hot Chocolate race, and RAM’s response, or lack thereof, warrants an examination.

Many runners were quite vocal in their social media anger.

 

 

 

 

 

 

 

 

 

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Topics: 101, analytics, brand, Business, business, crm, dashboard, education, facebook, google+, google plus, gremlin, gremln, linkedin, Marketing, media, network, ROI, small business, social, social media, strategy, tips, twitter

Welcome to the Club: Creating a social brand ambassadors club can give your marketing a boost

Posted by Clayton Smith on September 26, 2012

Marketing is a tricky job. You spend hours upon hours pouring your heart and imagination into the most creative and effective ways to showcase your company’s product, all within the confines of your job, usually within the much more physical confines of your office. What you do at your desk has a direct impact on people outside your building, and no matter how closely you connect with your target market, there’s always some level of disconnect. Because after all the meetings and design work and media buys and product placement and guerrilla marketing and word of mouth and social media strategies and giveaways and contests, there’s still a whole world of marketing opportunity outside your office walls that you just can’t take advantage of, because there aren’t enough hours in the day, and because hey, you’re just one person.

So why haven’t you created a social brand ambassadors club yet?

Of course, you probably already have brand ambassadors, those faithful customers who use your product and tell all their friends about how much they love it. But what if you could organize and direct that ambassadorship so that the good word spread by these fans fell upon thousands of new ears?

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Topics: 101, brand, Business, business, campaign, dashboard, education, facebook, Foursquare, google+, google plus, gremlin, gremln, instagram, Marketing, media, social, social media, strategy, twitter

The Branding Games: London 2012 and Social Control

Posted by Clayton Smith on July 27, 2012

The International Olympic Committee has a problem. Their problem is, practically everyone in the world is going to be tweeting about their product.

Sounds like a good problem to have, right? Everyone in your office would probably do back flips if your company started simultaneously trending in 200 different countries around the world. A lot of marketing directors spend their entire careers trying to get even 1% of that kind of popularity for their brands.

But social media success is a double-edged sword. It brings a wealth of marketing strength, sure, but it also represents a huge loss of control. You control what you say about yourself, of course, but you can’t control what other people will say about you. The good, the bad, the hopelessly neutral; it all flows freely from your fans and followers, and the more people who post about you company, the less you can respond to a huge influx of negative tweets. If one person takes to Twitter to complain about your product, you can respond and attempt to correct the situation. If 1,000 people start complaining, the situation is way beyond your management. Now consider; the number of Olympic athletes alone is about 17,000. That doesn’t include managers or trainers or sponsors, and it certainly doesn’t include the masses of people who will be watching (and Facebooking, and tweeting, and Google Plusing) around the world.

In short, the potential for Olympic brand negativity is astronomical.

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Topics: brand, Business, business, dashboard, facebook, google+, google plus, gremlin, gremln, guideline, IOC, London 2012, Marketing, networks, policy, regulation, social, social media, strategy, twitter

Branded: The Importance of Being Self-Aware

Posted by Clayton Smith on February 8, 2012

Every year, companies sink huge amounts of money into their marketing campaigns in an effort to solidify brand awareness and recognition in the minds of the average consumer. From logos and colors to spokespeople and taglines, marketers dedicate a lot of resources toward the end goal of getting customers to favorably connect brand to business.

Brand awareness – we know it, we love it, and our customers need to have it. We have very concrete ideas about what our brand should be, and we want to make sure our customers do too.

But how often do we promote our own brand self-awareness? As marketers, it can be pretty easy to focus so much on how we want our customers to view us that we forget to take stock of how they actually do. McDonald’s recently provided us with a great example of why it’s important to understand not only the brand you want people to see, but also the brand you actually have.

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Topics: brand, Business, business, campaign, education, facebook, gremlin, gremln, hashtag, marketings, ROI, social media, strategy, twitter

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