MediaStarz

Advertising & Media Community - Sharing Information - Creating Friends

There is a debate to be had around social media - we all know it is here to stay, but what real impact does it have for companies. Obviously Skittles have made spalsh with their use of Social Media (http://www.skittles.com) but for someone like us - a creative agency, is there really any benefit to have a facebook group?

It is the subject of fierce debate internally, and I'd like to see what others think

Tony Brennand
Sales & Marketing Director
http://twitter.com/TonyBrennand

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It's an interesting one Tony. I think clients/advertisers need to understand that internet usage has fundamentally changed in the last few years and that social media and the like are very powerful for SEO, Traffic and ultimately sales, but most of all brand perception. Facebook, Twitter, YouTube etc are the places where their audience is spending the majority of their time. One can't expect their audience to come to them, to their own individual brand sites, it's now about sailing in the same sea and offering their audience there the correct look and feel and interacting, even listening and reacting to the crowd.

As far as advertising goes, having a page, an app or even an Ad all work in limited ways, but they do work. We recently had one client who was prepared to get past the anti-social networking ad stigma, realising just how well one can target and its low cost and sold 2 houses for only a few hundred quids worth of spend. Now that's awesome ROI.

Without going on too much here in one post, a Facebook group in isolation is not enough, a client needs an all round social media toolkit, Facebook, OnlinePR, Video Syndication, Twitter, Mobile Apps etc etc. And they need to realise it needs to be updated and looked after. Within those environments they can then talk to an audience who are definately the evangelists out there. And get them on your side and you can create great perceptions for brands.

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Thanks for your reponse - and of course it is just one makreting channel of many, and to make best use of it, it needs to form part of the right mix - obviously B2C it almost certainly it the only route to go - do you think it is as useful in B2B arena - and like I said do you have any 'big' brands that have successfully affected their business through Facebook, or any other SM tool

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Love this quote from Shea Park, owner of Ad-Spark,

"Best advice for 2008: Go social, Go mobile, get into video, and consolidate to what matters most. Do not just go for the sale and beat customers in the face with ads. Court the visitor. Engage them, be honest, be relevant, treat them the best, and above all else-- let them know they are irreplaceable."

Sort of sums up what client's should do, but still they are only grasping banner ads in many cases.

Tony are you asking whether your agency should have a Facebook group or your clients? I would have thought across all the web 2.0 sites creativity could be utilised more now than ever before...

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Bit of both really - my opinion is that at very least we should have a series of SM elements - which both profile us, and indeed give us the necessary experience to advise our clients. The point is more about B2B - the principles you mention are totally valid, and are behavioural responses. I think anyone who has been in this industry any length of time would know your offer, and indeed offerings need to evolve - nothing new there.

The question is more about whether there are different 'channels' for business and consumers, or whether both can use each others. It seems obvious that if you want to make personal friends then sites like this will not be as good as say Facebook - but then you might make a business contact here that might turn into a friend - so maybe it does work both ways.

In terms of sales there are always two ways to sell - farming and hunting - maybe using SM is long term farming - you know growing grass to feed the cows to produce the milk to give to the lambs before they are sent for slaughter. Everything is linked in some way - question is (to use my previous analogy) should we just buy the milk as cheaply as possible, or should we grow the grass!!!!

Part of me thinks that to be taken seriously, you need to lend an ear to all fads and by proxy demonstrate that you are across all developments. The alternative to that is that someone should filter the good ideas from the bad ones, and even if you get it wrong, then only feature ideas/concepts/tools that genuinely offer value to whatever you are trying to do.

Probably more questions than answers in there, but really interesting in your further comments, and other people's contribution

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There are so many social media routes now, with more appearing each week, so using them for b2b can be tricky and time consuming. Who said Twitter was going to be so big, but 2 years ago I got MediaStarz set up on it and it draws me a lot of traffic now so it's an avenue I use for my clients and agency with varying degrees of success too.

Personally I prefer sites that the content can be picked up by search engines and this helps draw in eyeballs, awareness and in time business or partnerships and associations. Facebook doesn't offer that much in that respect, but I guess it's too big to leave out on it's own. Whereas this Ning site does very well on Google & Yahoo.

I'd say the best way is to update on social media sites a simple page regularly and use it as a signpost back to your main company site where at the end of the day you can host the best bits and showcases of what you do best. Over 10 years I've seen plenty of internet giants come and go, there will always be another bandwagon passing by so make your own website the final destination and you'll always have visitors.

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RSS

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We are full for Feb and now taking bookings for March 2010, 3 RSS positions available, each just £50 per month. Contact MediaStarz founder Jon Clarke for details.

Captain Kick-Back

Watch this Space Issue 44!!

Poor ABCs for Regional Press

The most recent six-monthly ABC figures were releasedrecently. Covering the back half of 2009, the numbers provide further evidence of the continued decline in circulation across nearly all local press titles. Among daily, weekly, paid and free titles the trend was overwhelmingly negative, which will put further strain on cashflow as newspaper sales and advertising revenues suffer. The Liverpool Echo suffered a 9.5% year on year decline, dropping below the 90,000 copies mark with its figure of 88,519. Business title the Yorkshire Post misplaced 5.7% of its sales as it slipped to 43,095, while the Glasgow Evening Times’ circulation dropped by 13.2%, to 59,365.
 
Commentators describe the decline as the inevitable outcome of a trend begun in the early noughties, wherein readers began to turn away from print media, finding instead their news, events listings and classified advertising online. The continued success of the Metro is also seen as contributing to the decline, while the impact of the recession has only exacerbated the situation.
 
Captain Kickback says: “The story stays the same here, but the numbers keep getting smaller, particularly in large cities where the commuter is king, people surf the web al desko and the Metro is thriving. It’s worth noting that one of the few titles to do well, the Dorset Echo, is not only a more rural title, but one which switched from evening to morning publication shortly before the period in question. Despite a brace of innovations and shrewd ideas like the shift of titles such as the Echo and the Birmingham Mail from evening to morning distribution, the paid/free model adopted by the MEN, or the Bath Chronicle’s move from daily to weekly distribution, it would be a brave media pundit who could offer more than an apologetic grimace to the regional publishing industry. Over a long enough timeline, the printed word will surely return to nought, as will we all.”
 
London Evening Standard Raking in the Readers

Another among those brace of press innovations that I mentioned earlier, the Evening Standard’s move to free distribution and huge increase in print saw dividends in the most recent National Readership Survey results. The number of people reading the average issue rose by 133% year on year, to a fairly impressive 1.39m: a figure well above the readership of the smaller national titles (step forward The Guardian, we know you’re there. And you FT, and bring the Indie with you).
 
As Russian oligarch (an alarmingly difficult word to type) Alexander Lebedev crosses the t's and dots the i’s, j’s and umlauts on his deal to buy the Independent, word is that a similar free model will be adopted there. Given the slow and lingering death being suffered by the beleaguered national lefty title, many there might find some significant solace in the turnaround achieved at Evening Standard towers.
 
Captain Kickback says: “Does the Cyrillic alphabet even use umlauts? Wouldn’t the contracts be written in English anyway? What on earth was I thinking? Does it really matter? Probably not. We’ll gloss over that and move on. Nobody noticed. It’s fine.” 
 
Congleton Chronicle, How Appt

Another of those new innovations in the press marketplace. The Congleton Chronicle has come over all technical and released its very own free app for the iPhone. The downloadable widget allows the user to browse an e-version of the first seven pages of the newspaper. The rest of the paper is available to people who opt to pay a subscription of £2.39 per month.
 
Captain Kickback says: “The Chron is the first newspaper to have its own branded app which gives access to the full version of the newspaper. The numbers are likely to be very small at first, but this is at least a move in the right direction. It’s also probably an idea to start demanding a position in the first seven pages if you use this title regularly!” 
 
Technophiles One & All 

The 2010 award for not entirely surprising statistic goes to a recent Microsoft funded survey, which found that young men are the heaviest users of the internet. Most use it everyday and describe it as the piece of technology they are most attached to. 99% of young men go online either everyday or nearly everyday, half of them using their mobile phones to do so.
 
25% of young men (‘young’ is defined as 18-44, I’m sure some of you will be pleased to know) claimed to check their emails before they get out of bed, while 18% look at social networking sites on their mobile phones first thing. 60% of this group visit a social networking site at least once each day, and 94% use email everyday. The strength of video on demand among this demograph is worthy of note: 73% of them watch VoD at least once per week.
 
Captain Kickback says: “Computers have made the move out of the spare bedroom and into the living room (or, it would seem, the bed). 25% of men aged 18-44 watch VoD in the living room while their partners watch television. We can buy video advertising on pre-roll networks, at a surprisingly cheap rate.” 
 
We’re All For The High Jump 

...if left-leaning thinktank Compass get their way. The quango philosphiserists recently proposed a total ban on all advertising in public spaces, all advertising aimed at the under 12s and restrictions on shopfront promotions. These musings have found resonance with recent pronouncements made by David Cameron about what he perceives as the sexualisation of children and the destruction of the family, brought about by the declining standards of the media.
 
Captain Kickback says: “It’s at most unlikely that anybody’s going to systematically dismantle a worldwide industry worth nearly £300bn, but in the race to say sensible things ahead of the general election, it’s probably inevitable that the finger of neo-Victorianism will get wagged at all and sundry.”

Did You Know…

The government’s Central Office of Information is the UK’s largest advertiser with commercial radio. During the run up to a general election, the moratorium on all forms of broadcast advertising by government agencies means that radio networks have a glut of airtime to shift. This can only be terrific news for you the advertiser as rates fall and the chances of free over-delivery increase drastically.


That's your lot for another issue. If you'd like any more information on any of these stories, you can either reply to this email or contact your Space and Time team.

See you next time!!


Captain Kickback

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