How Digital Marketing Is Helping Bollywood?
Billions of money is spent every year in Bollywood for advertising.
But are they getting substantial returns on their investment? Are they able to target the right segment of the audience who would actually be interested in their product as in whatever it is a movie, a documentary or a TV serial. Perhaps no!
Then why are the trendsetters not able to recognize the trend of marketing and switch to digital than still practicing the same old traditional marketing and splurging money like anything.
Let’s go ahead and see how digital marketing can help Bollywood and your business.
Specific Targeting
First thing first! Specific targeting! Spending money is not a big issue if you get an appreciable amount of customers by doing so. By advertising on TV, Radio , newspapers or through posters you simply broadcast your information to the masses and who all would interested will become your customers however how about if you can specifically target your ads to these ‘who all’ . Certainly, you will get better results and will save a lot of money too. This is what you can do in digital marketing. Whether they are the ads on search engines or various websites, they are only displayed if your buyers’ persona matches your ads. So, depending on your product, you very well know what part of the audience will need it and that through digital marketing you can extend your offer to only that part of the audience. Chances of any miss outs on it are kind of negligible here.
Cost-Effective
Not only you can put across your message to the right segment of the audience but you also save a lot of money in digital marketing. You only spend where you need to and that too far lesser than what you were paying in the traditional marketing.
Measure it at its every part
The best thing about digital marketing is that you can monitor traffic and results and optimize your advertising campaigns accordingly. The tool called analytics in digital marketing helps you measure different ad campaigns with respect to traffic and other results. Thus, you get to have a better idea of what part of your budget is bringing result and what part is going waste so that you take actions in view of that.
Customer Engagement
Being interactive in design digital marketing lets the customer to interact and get engaged. Unlike the traditional marketing, here the user has the command to browse through whatever they wish to, making it far more interactive and engaging. Gone are those days when your audience will entertain your ads even on getting interrupted by you while they are on their go. They would simply change the channel on TV or radio, or overlook the ad on newspaper. No one loves interruption marketing now. Recognize this trend and switch to digital marketing. The sooner you switch the better results you gain.
Generating awareness for your business and spreading business defying all geographical constraints are something that you can do with traditional marketing as well the only difference is that in digital marketing you do the same thing at relatively very low cost and in a more specifically targeted way. In simple words, digital marketing is far more effective than traditional marketing and that too at relatively very low cost.
How Digital Marketing Is Helping Bollywood?
Billions of money is spent every year in Bollywood for advertising.
But are they getting substantial returns on their investment? Are they able to target the right segment of the audience who would actually be interested in their product as in whatever it is a movie, a documentary or a TV serial. Perhaps no!
Then why are the trendsetters not able to recognize the trend of marketing and switch to digital than still practicing the same old traditional marketing and splurging money like anything.
Let’s go ahead and see how digital marketing can help Bollywood and your business.
Specific Targeting
First thing first! Specific targeting! Spending money is not a big issue if you get an appreciable amount of customers by doing so. By advertising on TV, Radio , newspapers or through posters you simply broadcast your information to the masses and who all would interested will become your customers however how about if you can specifically target your ads to these ‘who all’ . Certainly, you will get better results and will save a lot of money too. This is what you can do in digital marketing. Whether they are the ads on search engines or various websites, they are only displayed if your buyers’ persona matches your ads. So, depending on your product, you very well know what part of the audience will need it and that through digital marketing you can extend your offer to only that part of the audience. Chances of any miss outs on it are kind of negligible here.
Cost-Effective
Not only you can put across your message to the right segment of the audience but you also save a lot of money in digital marketing. You only spend where you need to and that too far lesser than what you were paying in the traditional marketing.
Measure it at its every part
The best thing about digital marketing is that you can monitor traffic and results and optimize your advertising campaigns accordingly. The tool called analytics in digital marketing helps you measure different ad campaigns with respect to traffic and other results. Thus, you get to have a better idea of what part of your budget is bringing result and what part is going waste so that you take actions in view of that.
Customer Engagement
Being interactive in design digital marketing lets the customer to interact and get engaged. Unlike the traditional marketing, here the user has the command to browse through whatever they wish to, making it far more interactive and engaging. Gone are those days when your audience will entertain your ads even on getting interrupted by you while they are on their go. They would simply change the channel on TV or radio, or overlook the ad on newspaper. No one loves interruption marketing now. Recognize this trend and switch to digital marketing. The sooner you switch the better results you gain.
Generating awareness for your business and spreading business defying all geographical constraints are something that you can do with traditional marketing as well the only difference is that in digital marketing you do the same thing at relatively very low cost and in a more specifically targeted way. In simple words, digital marketing is far more effective than traditional marketing and that too at relatively very low cost.
Twitter Lets Brands Infiltrate TV Conversations Without Buying TV Ads
Twitter launched TV conversation targeting on Thursday, a feature that lets brands and networks promote tweets to users who engage in specific shows, even if the brand isn’t running a TV ad during the program.
As the company wrote in its advertising blog: “Now advertisers can easily reach Twitter users exposed to integrations, sponsorships, and other innovative TV tie-ins for an additional touch point or message expansion.”
TV conversation targeting is launching in the United States and the UK and is coming soon to Brazil, Canada, France and Spain. The offering is distinct from TV ad targeting, a feature Twitter launched in July that lets advertisers augment their TV buys with Twitter campaigns.
Image: Getty/Scott Eells
Do Teens Really Think Twitter Is ‘More Important’ Than Facebook?
Teens are abandoning Facebook in droves for Twitter.
For many, that was the takeaway from an Oct. 10 Piper Jaffray study of 8,650 teens. That conclusion was false. The study had a much narrower focus than has been reported and only referred to purchasing activity on the platforms.
This key paragraph in the press release explaining the study caused the confusion (emphasis ours):
Teens have cited “friends” as the strongest influence over their purchase decisions for the duration of our survey history, but “Internet” is quickly rising in profile. More than half of teens indicate that social media impacts their purchases with Twitter being the most important, eclipsing Facebook, followed closely by Instagram. But the popularity of Facebook is waning among teens with 23% citing it as the most important, down from 33% six months ago and 42% a year ago.
There’s no doubt the report shows bad news for Facebook. However, the data refers to importance for purchases. The ambiguous wording of the presser — including remarks about the “popularity” of the social networks — didn’t help. After all, it was possible to read the last sentence as its own entity in which “most important” referred to most important overall.
That may be the case, but that’s not what Piper Jaffray was asking about. A rep for the financial advisor says the study was looking specifically at buying behavior and wasn’t trying to determine whether teens prefer Twitter to Facebook overall.
This sounds like great news for Twitter. Yet it’s unclear how much of teens’ purchasing activity is actually spurred by the social network. A study last year by IBM found that it had exactly zero effect on Black Friday sales. Facebook, LinkedIn and YouTube didn’t fare much better, generating only 0.34% of online sales on Black Friday.
It’s also true that Twitter is gaining popularity with teens: A Pew Research study in May showed that the number of teens on Twitter doubled from 2011 to 26%. Yet 94% of teens reported being on Facebook. The “teens are tired of Facebook” narrative also picked up over the summer when Mashable ran an op-ed by 13 year-old Ruby Karp explaining that neither she nor her friends were on Facebook.
Nevertheless, researcher The Futures Company, which looks closely at teens’ behavior, has found that while Facebook use has plateaued (which tends to happen when you hit 94%), teens still aren’t leaving the social network en masse.
All of which is to say that there may be something to the persistent narrative that teens are getting sick of Facebook. The Piper Jaffray report doesn’t make that case.
Source: Mashable
Twitter Arrives on TV in India
Technology and platform convergence is the next big thing that businesses are looking for –- whether it be mobile and Internet or Internet and TV. It’s all about a revenue stream for the future.
Airtel Digital TV, an arm of Indian telecommunications company Bharti Airtel, revealed Monday that it has integrated Twitter with its digital TV offerings for the first time. With this new form of convergence, users can actually tweet while watching TV and can view tweets related to their TV shows as well. It launches Tuesday at no extra charge to subscribers.
Jana Messerschmidt, Twitter’s VP of business development and platforms, said, “We are excited to see partners like Airtel innovating with our platform and helping their audience connect with the TV programs they love.”
Airtel’s Twitter know-how actually comes from Bangalore-based startup Brizz TV, which works in the areas of TV technology and is powering this new service for Airtel Digital TV. To start watching-and-tweeting, subscribers just have to click their remote’s green button. Initially, the service will be available on select TV channels, but more will be added.
Airtel Digital TV has 373 channels including 17 high definition and five interactive channels. It claimed to have 8.5 million subscribers at the end of June 2013.
Although Airtel hasn’t disclosed the business model of this partnership with Twitter, it’s fairly safe to assume that the telco will stream targeted Twitter ads and marketing promotions to its TV subscribers. Airtel could also use this to better promote its other Internet services. Since the voice and SMS business is no longer the prime revenue generator in India, it is forcing telcos to innovate and develop new ways to get income.
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Image: Scott Beale
Facebook Average Referral Traffic to Media Sites Up 170% This Year
Flexing its muscles as a public-facing forum, Facebook reported Monday that the average referral track from Facebook to media sites jumped 170% last year.
Facebook also disclosed that from September 2012 to September 2013, Time’s referral traffic rose 208%, BuzzFeed’s increased by 855% and Bleacher Report experienced a boost of 1,081%. Facebook also announced a feature called Stories to Share for page managers of media firms that recommends which stories to share on Facebook.
Andy Mitchell, director of partnerships for Facebook, attributes much of the growth in referrals to improvements in Facebook’s News Feed algorithm. “We’re getting better at showing the right story at people who are interested in it,” he says. In addition, Facebook has shared best practices with media firms, which help them post more effectively, he says.
New research from SimpleReach bolsters the claim. SimpleReach found that Facebook drives more traffic to media sites than any other social media platform.
Meanwhile, Facebook had some advice to media firms: Post more. Facebook worked with 29 media sites over a seven-day period recently and found a greater number of posts “frequently” increases referral traffic by more than 80%. During that test period the site posted 57% more articles, which netted an 89% increase in outbound clicks to their domains plus 10% more Likes on average. The number of net fans per page rose 49%.
That said, Mitchell does acknowledge that the law of diminishing returns applies: At some point, you can overload fans with too many posts. Facebook doesn’t have a recommended number of posts. Mitchell says media properties have to determine a figure on their own.
Along the same lines, Stories to Share helps those media firms figure out which stories to post next. The recommendation widget is pretty straightforward: It analyzes your homepage to see which stories people are sharing the most on Facebook even though the media property hasn’t yet shared it through its Facebook account. That feature is going live on Monday with 1,5000 news organizations. Stories to Share had been in beta with a handful of news organizations (the company declined to identify which ones) over the past few weeks.
The emphasis on media partners comes as Facebook has recently revved competition with the much-smaller Twitter for ad-spending opportunities related to real-time marketing like second-screen conversations and trending news items. Encouraging news organizations to post more often will aid a Trending Articles feature that seems to be a likely next move for the company.
Image: Getty/KIMIHIRO HOSHINO
When Facebook Was Down, Brands Pounced – Social Media Marketing
Facebook experienced widespread service disruptions for much of Monday morning, which prevented users from posting and engaging with posts on the social network.
While the outage may have been a headache for Facebook and many users, some brands decided to turn it into a marketing opportunity — for better or worse:
#Facebookdown Grab your Venus razor and Embrace your extra "me" time. pic.twitter.com/pUYjLVobBb
— Gillette Venus (@GilletteVenus) October 21, 2013
#facebookdown? Ci pensiamo noi. pic.twitter.com/NLKDR5j47s
— Red Bull Italy (@redbullITA) October 21, 2013
Post by Waterstones.
Facebook is down, but don't worry, here’s our status update: thirsty #facebookdown pic.twitter.com/RJXVWkvnur
— Jupiler (@Jupiler) October 21, 2013
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Image: Justin Sullivan/Getty
What Social Media Can (Really) Tell You About Job Applicants
It’s no secret that employers research job candidates’ social media profiles to help them make hiring decisions. Most employers, however, may have been inaccurately evaluating applicants’ online personas all along: New research has found that employers who quickly dismiss applicants based on unpleasant status updates and incriminating photos from a trip to Vegas may actually be missing out on great talent.
The study, “Big Five Personality Traits Reflected in Job Applicants’ Social Media Postings,” identified links between job applicants’ online behaviors and characteristics that might impact their work performance.
Unfiltered personal communications and photos, comments about others, and references to alcohol and drug use are the key indicators of personality traits that job applicants truly possess — traits that may actually suggest a candidate will be a great hire, according to the study, which was conducted by researchers in North Carolina State University’s department of psychology and published recently in the journal Cyberpsychology, Behavior and Social Networking.
According to the researchers, a job applicant’s social media activities reflect the following five personality traits: extraversion, agreeableness, conscientiousness, emotional stability and openness to experience.
To get a better idea of what social media postings reveal about personality traits, researchers focused on two broad posting types: those that demonstrated badmouthing behavior, and those that referenced drug and alcohol use.
For instance, those who rated highly in agreeableness and conscientiousness were unlikely to badmouth others in social media, the study found. This doesn’t mean, however, that conscientiousness has any bearing on posts that employers often consider red flags.
“Companies often scan a job applicant’s Facebook profile to see whether there is evidence of drug or alcohol use, believing that such behavior means the applicant is not ‘conscientious,’ or responsible and self-disciplined,” Dr. Lori Foster Thompson, co-author of the study and a professor of psychology at NCSU, said in a statement. However, the researchers said there is no significant correlation between conscientiousness and a job applicant’s propensity to post about drug or alcohol use on Facebook.
“This means companies are eliminating some conscientious job applicants based on erroneous assumptions regarding what social media behavior tells us about the applicants,” said Will Stoughton, lead author of the study and a Ph.D. student at NCSU.
Extraversion is also a trait that’s often misunderstood. Consider, for instance, sales and marketing positions that require candidates to have extroverted personalities. Based on data presented in the study, extroverts are more likely to post about drugs or alcohol on Facebook; thus, employers will be limiting their sales and marketing pool of candidates if they automatically red flag those who exhibit drug- or alcohol-related behaviors on social media, the study found.
“If employers plan to keep using social media to screen job applicants, this study indicates they may want to focus on eliminating candidates who badmouth others — not necessarily those who post about drinking beer,” Stoughton said.
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Image: Jason A. Howie
Pinterest Drives More Traffic to Publishers Than Twitter, LinkedIn, Reddit Combined
When it comes to referral traffic from social networks, there’s Facebook and Pinterest — and then there’s everyone else.
Facebook accounted for more than 10% of overall traffic to publishers in September, by far the most of any social network, according to data released Tuesday from Shareaholic, a social plugin service that collects data from 200,000 publishers reaching 250 million monthly unique visitors collectively.
Pinterest drove 3.68% of traffic to publishers in September, the second highest of the social networks on the list and three times as much as Twitter, which ranked third. In fact, Pinterest’s share of overall visits increased by 66% year-over-year, more than any other social network. Pinterest now drives more traffic to publishers than Twitter, LinkedIn, Reddit and Google+ combined.
While most of the social networks tracked in the study showed significant year-over-year gains in referring traffic to publishers, referral traffic from Reddit and StumbleUpon declined 35% and 27.5%, respectively. Google+ remained essentially stagnant year-over-year and continues to refer the least traffic to publishers of the major social networks included in the study.
Image: Saul Loeb/AFP/Getty Images
Source : Mashable
Do Social Media Referrals Have A Future In Your Business?
Social media referrals are living on the edge – or at least they are somewhere near according to a Monetate’s data for the first quarter. The analysis shows that search optimization and email continues to bring in most referrals, while social media is the ‘last-click channel of attribution’.
Some businesses say otherwise. Wixon Jewelers Online Marketing Director Jayme Pretzloff thinks that social media is going to be more important for sales than any other metric in 2013, as the platform continues to receive user acceptance and integrates into the overall marketing strategy.
70% consumers suggested that social media didn’t have any impact on their purchase decision in 2011, a percentage that was cut in half in 2012. Such statistics provide helpful insights to marketers as they look to make the most out of their time and investment.
Policies of social media companies also had a significant impact on referrals. There was a time when a post on Facebook fan page was seen by every follower/fan of the brand, but after policy changes, any post shared by a brand today is only seen by 10% of the total number of people following the page. Unfortunately, and fortunately for Facebook, you now need to pay for greater outreach.
This also shows that just because a particular social network has a huge user base doesn’t mean it’s an ideal place to get referrals. For example, tech sites usually concentrate a lot on Facebook, but they would be better off with Google+.
Likewise, a DIY jewelry brand may not get any retweets, but drive loads of traffic from Pinterest. Trying and testing the engagement ratio (the percentage of fans responding/number of fans present on the page) on different sites can help your brand to create a better online experience.
It is also important to note at this point that though referrals through social media are crucial for brand awareness, you shouldn’t give a wide berth to other referral resources. Doing so would be a BIG mistake. This is because social media doesn’t have the same level of intimacy as other sources of referrals like face-to-face networking, phone call, live chat etc.
The right approach
Some brands are smart enough to use all sources. For example, Blinds.com, told us “We encourage customers to refer Blinds.com on social media, and we also invite customers to contact us via phone or live video chat if they have any questions about our products. Referrals are important to us, as is customer retention; over 60% of our business comes from referral or repeat customers.” Food for thought.
However, other forms of referral networking can turn out to be inefficient, which is the main reason why social media referrals have a future in business marketing. It’s not a surprise to see businesses, especially new ones, struggle at networking events. The end result can be hours spent at a networking, only to walk away with a couple of business cards (Zoinks).
Social media, when being used as a major referral tool, should be supported by creative and relevant content. Businesses that establish themselves as credible and trustworthy providers of fun, inspiring and highly engaging content will be able to reach thousands of prospects through social channels. It requires a significant amount of time and investment, so it’s time that you take a closer look at your customer preferences and content sharing strategy.
Photo Credit: Social Media Referrals/shutterstock
Source: socialmediatoday.com
