Measuring Up in Social Media Rankings

It’s really interesting to examine how major companies compare to each other when social media becomes the interest. What makes for a good social media ranking? Any company can create a Facebook page or Twitter account. Getting people to interact is another issue. While some companies are skilled at attracting this type of action, others seem to muddle around in the social networking realm. You might be surprised at some of the top names in social media rankings. However, you’ll find others that make a lot of sense.

Viacom is ranked first in social media use. The media company is just slightly ahead of the more familiar Walt Disney Company. News Corporation ranks third. These three media companies together are doing something right in engaging their fans and followers. Zynga is one of the least surprising companies that ranks well in making the most of social media. The entertainment and games software company develops many of the popular activities used on Facebook and smartphones.

social media ranking

social media ranking

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Ready, Aim, Market! How Targeted is Your Target Audience?

Every marketing campaign starts off with two things: a brand and a target audience. Determining a target audience used to be fairly simple; marketers looked at demographics and psychographics and determined which groups would be most responsive to the brand.

Who: is your target market made up of males or females? How old are they? Are they married or single?

Where: where do they live? What country? Are they in the country, suburbs or city?

What: what are their interests? What time of day is best to reach them? What is it about the brand’s persona that connects with them?

Why: why is the brand appealing? Why does the target audience need the product or service?

How: how can a brand’s product or service benefit the target audience?

Fundamentally the process for determining target audiences hasn’t changed, marketers still ask those questions. However, what has changed is how specific target audiences can get.

Psychographics are becoming increasingly important as niche marketing is becoming more of a common practice.

Brands that serve a niche market need to pay attention to psychographics in particular. Already having a smaller number of people in their target audience, these brands need to ensure that the connection they do create is a strong one.

It used to be that males 18-25 and who live alone was a target audience. Seems kind of broad doesn’t it? It is possible to narrow down the target audience even more and it’s largely due to social media.

Social media has made it possible for anyone to be a publisher or a writer. If an individual is dissatisfied with the lack of discourse on their interests, there is little stopping them from starting a blog or an online magazine. That’s where marketers need be looking to determine their target audience.

With the vast amount of resources available at marketer’s fingertips, it is possible to include more variables in the target audience. Instead of targeting males 18-25, who live alone and don’t cook, they can target males 18-25, who live alone in an exact neighbourhood and who don’t like vegetables.

For agencies, this can mean greater efficiency and better results for the brands.  While the “blanket approach” of placing ads in all outlets that cover a particular topic can be successful in some cases; increased exposure does drive sales, it runs the risk of being too generic and lacking the details that speak directly to the target audience.

For niche marketing and its specific target audiences to be successful, marketers need to use the fine details to grab the attention of the members of the target audience, speak to them directly and build a strong relationship that will be maintained over time.

With niche marketing ads are just the beginning. As previously mentioned there are blogs, online magazines and digital media, but then there are also social media platforms and forums. Marketers need to be monitoring online conversation and see how people are speaking about brands and products. In doing so marketers can better position brands and products to align with the feelings and perspectives of the target audience, again developing a stronger connection.

Integrating psychographics and multiple variables when identifying a target audience helps drive sales through developing brand loyalty, as opposed to attracting a large amount of one-time buyers.

How specific do you get when identifying target audiences? How do you determine which variables to include?

The Only Constant in Life and Social Media is Change.

Social Media change…what else is new!

The only constant in life is change, and this seems especially true in terms of social media. It seems as if every other day there is a new platform that is coming into vogue and those that have been around awhile are changing to keep up. Once you finally learn how to leverage networks like Facebook, Twitter and LinkedIn, they change the next day.

Let’s take a look at some recent  social media changes:

Klout has altered its scoring system to include “moments.” Moments are posts that have generated activity. Through moments users can see what action was taken, who did it and what network it happened on. In similar fashion to Facebook, Klout is also including insights, which allows users to have a better idea of their influence by allowing them to view data quickly and simply.

social media change

LinkedIn has changed its user interface. The homepage now features a more modern design as well as incorporating more visuals in the updates stream. Additionally, updates and posts can now be organized and viewed by what is most relevant, not that which is most recent.

Twitter has taken its promotional tweets one step further with targeted tweets. Targeted tweets allow advertisers to send tweets to specific audiences without tweeting to all of a brand’s followers. Advertisers using targeted tweets can segment by location, devices and platforms.

Facebook is following in the footsteps of Twitter by testing promoted posts. Promoted posts allow ads to show in the news feeds of all members regardless if the user has liked the brand page or if they have friends who have liked the brand page.

The question remains, are these changes necessary and useful or just annoying?

As with any change, there are going to be positive and negative aspects.

The best instances of change come out of necessity. In the case of Klout, there were many critics voicing opinions about whether the score is truly accurate and even questioning how the score is determined.

Klout’s response was to try to develop a better user understanding through its new features. Whether it will silence the naysayers remains to be seen.

Facebook is also a good example of necessary social media change. One of its largest competitors was offering a way to reach more people, so they are testing a similar approach to stay relevant.

This particular case has huge potential for brands and advertisers. Facebook already offers ads, but they are small and cast off to the side of the page. Promoted posts will bring the content onto the news feeds of users, giving it more space and attention.

These changes have the potential to transform the way those specific platforms are used and to open new ways for marketers to engage with their audiences. These changes show that the platforms are listening to their users and work to serve a purpose.

Change for change’s sake is not necessarily good. Facebook is notorious for changing their user interface and often times the reasoning behind the change is not clear. LinkedIn is the most recent platform to alter its appearance and one could question why the now and if it was even necessary.

Changes, such as those mentioned, can seem superficial and can lead to “user rage.” With the speed of technology and the amount of platforms out there, users can easily become overwhelmed. It takes time, a precious commodity they don’t have, to learn and adjust to a new interface and many initially resent being forced to make the change. It goes against the  “if it ain’t broke don’t fix it” mentality.

Change has the potential to bring about great things, so long as it serves a purpose and people are willing to accept it. How do you feel about the recent changes in the social media landscape?