Social Media Pros Predict Wide Range of Changes in 2018

Both B2B and B2C marketers are planning on investing more in social media marketing in 2018, per surveys. So AccuList USA’s clients may want to take a look at the trends that social media experts are predicting for Facebook, Instagram, Twitter, LinkedIn, and Pinterest marketing in the year ahead, as recently gathered up by Social Media Examiner.

Video Boom: Moves by LinkedIn and Facebook

Among the more than 33 predictions featured, multiple social media pros stressed the growth and impact of video, as “even simple selfie videos filmed on cell phones are propelling businesses higher than video-less businesses,” to quote one forecaster. B2B marketers will be pleased to know that LinkedIn advertising is expected to roll out video ads for business pages and geofilters for videos, now in test. Facebook, which remains the social media ad leader, is positioning to become a major player in online video. In 2017, Facebook debuted Facebook Watch for select creators (a TV-like option). In 2018, it is forecast that the program will expand to all people and pages on Facebook, and also that Facebook will likely roll out new features for video creators, perhaps including preferential Facebook news feed exposure for original native video, revenue-sharing deals, or even a dedicated video app. With the video boom, metrics will need to get more sophisticated across platforms. Since each platform counts their video views differently (Snapchat at 1 second, Twitter at 2 seconds, Facebook/Instagram at 3 seconds, and YouTube at 30 seconds), watch for marketers to go beyond number of views to data measuring the time spent and the attention held across all screens on all platforms.

Instagram Gains Ground With Marketers

Instagram is forecast to keep surging after fast growth in 2017, with 15 million businesses using Instagram by July 2017 (nearly double the 8 million businesses that used Instagram in March 2017), with 80% of Instagram accounts now following at least one business, and with global advertising set to reach $4 billion for 2017 year-end. One reason is that Instagram has been improving its tools for marketers, including InstaStories promoted within the  “news feed,” the Story Highlights feature that allows pages to host static collections of previously disappearing story posts on profiles, “swipe up” calls-to-action, posts that click through to online stores, and soon the ability to follow hashtags.

Rising Ad Costs Force Smarter Targeting, Metrics

The bad news for marketers is that the popularity of social media will translate into rising ad costs in 2018, with pricing of Facebook and Instagram advertising predicted to rise over the next 12 months. However, that cost trend should actually spur businesses hesitating to invest; marketers who commit to social media ads now will generate awareness, build audience (particularly via e-mail subscribers) and gain a competitive advantage in the increasingly crowded market. Given the rising cost to gain the attention of prospects and acquire customers, more businesses also are urged to hone ad effectiveness beyond generating leads followed with automated e-mail—for example using retargeting, AI and other techniques to ensure prospects see the most relevant messaging for their point in the customer journey. And, as cheap organic reach declines in effectiveness and paid ad costs climb, the importance of ad metrics increases. Whether on Facebook, Instagram, LinkedIn or Twitter, marketers will need to track the metrics of each ad or promoted post, combining a paid acquisition model with historical data and personalized content if they hope to translate social media marketing into real revenue results in 2018, warn the social media mavens.

For more predictions, see https://www.socialmediaexaminer.com/social-media-predictions-2018/?utm_source=Newsletter&utm_medium=NewsletterIssue&utm_campaign=New

2018 Digital Marketing Spend to Rise; High Hopes for Social

AccuList USA’s digital marketing clients are already looking ahead to 2018 results, with many planning to increase digital spending. They’re following the trend reported in a recent survey by Ascend2, which found that 93% of firms expect to boost digital marketing budgets in 2018.

Boosted Digital Spend Planned in 2018

The survey, conducted in December 2017, tapped 217 marketing influencers, with 43% working for B2B firms, 35% for B2C firms, and 22% for hybrid firms. The combined 52% planning marginal increases and 41% planning significant boosts in 2018 digital marketing budgets dwarfed the 7% who intend to decrease digital spending. But the more interesting data involves where the marketers foresee the biggest bang for digital bucks in the year ahead.

Social & Content Marketing Dubbed Most Effective

Respondents expected the most effective digital marketing tactics in 2018 to be social media marketing (18%), followed by content marketing (17%). Search engine optimization was seen as most effective by 15%, e-mail marketing was seen as leading by 13%, and paid search and social ads was chosen by only 11%. The lower ranking of e-mail and search ads was not due to execution barriers; both were rated as among the least difficult to implement.

Execution Challenges for Data Management & Technology

In contrast, surveyed marketers reported the greatest execution difficulties for data management (18% rated as most difficult) and marketing technology (also 18%). Content marketing and search engine optimization tied for second place in terms of implementation challenges, with both selected by 16%.

Go to https://research.ascend2.com/2018-digital-marketing/ to download a full copy of the Ascend report.

Survey: Mismatches in Event Marketing Channels, Attendee Interest

Where should trade show and conference marketers go fishing for potential audience? In a multi-channel world, it can be challenging to balance online, e-mail, print and social media for best results. Now a recent survey by XING Events, as reported by MarketingProfs, shows interesting gaps between where event marketers are casting their nets and where potential attendees pool to research events.

Event Attendees Are Drawn by Word-of-Mouth & E-mail

According the the XING Events study, which is based on a global survey of 2,621 event attendees and 1,630 event organizers, event attendees most often learn about work-related events through word-of-mouth mention by friends and acquaintances (66%) and via e-mail newsletters (59%). Fewer event attendees (20%) report being influenced by ads for print and online professional publishing. Online search has more impact when the audience is already aware of the event; for example, 49% say they use online search to find details about trade shows or conferences they already have heard about (via word-of-mouth, e-mail or print). Just 22% learn about an event by doing keyword searches. However, an even smaller portion (16%) of event attendees report that they use social media to research events.

Event Marketers Focus on Websites, E-mail & Social Media

Event marketers don’t exactly mirror attendees’ preferences. About 89% of surveyed event organizers say they market their events through their own websites, culling search traffic. Some 76% say they market through e-mail newsletters, which is in line with attendee activity. The surprise is that 73% of event pros say they promote via social media even though it is not where most of the audience is currently looking for event information.  And about 47% use traditional print channels.

Event Planners Foresee Social Media Expansion

Despite its current lower usage among event attendees, social media is the marketing channel that most event marketers plan to grow in future. Some 65% of organizers say they would like to use social media more frequently in the future. The next most popular target for expanded investment is their own websites (48%) and e-mail (41%). Although “influencer marketing” is a trendy topic, only 33% of event pros plan to increase influencer or multiplicator marketing to pump word-of-mouth.

For more study results, see https://www.marketingprofs.com/charts/2017/32765/how-events-are-marketed-to-and-found-by-attendees?adref=nlt091817

 

 

Positive 2017 Fundraising Trends Create Opportunities

While 2017 is starting as a year of uncertainty, especially in politics, a recent CauseVox post provides some good news for AccuList USA’s current and future nonprofit direct marketing clients. CauseVox staff writer Tina Jepson spotlights 10 fundraising trends that offer opportunities for greater success this year, and we’ll pass along a few here.

Increased Individual, Corporate & Recurring Giving

Donation forecasts are upbeat, Jepson shares: Philanthropy Outlook 2016 & 2017 predicts that an increase in individual and household income will help to boost fundraising efforts for nonprofits, charities, and NGOs by as much as 3.8% in 2017.  Plus, with Gross Domestic Product and business savings on the rise, total corporate giving is predicted to rise by 4.7% in 2017. And monthly giving, which accounts for 17% of online revenue, also will continue increasing per the 2016 M+R Benchmarks report. The trick with individual donors is to catch the wave with smart targeting, inspiring creative and campaigns to get existing donors to boost giving, says Jepson, while, for corporate giving, nonprofits would do well to maximize gift matching, to court business leaders and to keep tabs on company arrivals and growth locally. Plus, Jepson urges nonprofits to amp up their monthly giving strategy, making monthly giving the first option for donors on the website and a marketing priority in e-letters, direct mail and e-mail.

Donor Retention at a Record High

Donor retention rates are at the highest rate since 2008 at 45.9%, and nonprofits and charities clearly should make retention a marketing priority to capitalize on this powerful fundraising engine, Jepson notes. She suggests capitalizing on the trend with tactics such as personalization; prior gift recognition; leveraging donors’ preferred channels; donor education via videos, infographics or pamphlets; and donor activation with engagement opportunities such as volunteering or advocacy.

More Donor Data Than Ever Before

Digital interactions—websites, e-mail, social media and now the Internet of Things (IoT)—combine with traditional channels such as direct mail to generate a wealth of data about existing and potential donors. A key goal for 2017 is to gather, analyze and use actionable data effectively. Jepson lists a few ways to do so: Tracking analytics on your website and social media posts to learn the demographics and behavior of your paid, earned and owned media audience; using Facebook and Instagram Ads and Business Manager to target ads to donors likely to give; and turning around data learning to share with, and inspire, donors in real-time online via options such as a website ROI ticker that tracks return on investment (possibly in lives changed) per average donation.

Social Media & Mobile Marketing Challenges

In social and mobile marketing, nonprofits face challenges as well as opportunities. Social media platforms, including Facebook, now are promoting organic content that prioritizes the audience’s friends and family over nonprofit messages. Jepson points out that this means that effective social media marketing will need to rely more on purchased ads and targeting of key demographics, as well as creating viral content that inspires shares. Meanwhile, if your nonprofit hasn’t invested in mobile optimization of websites and e-mails, you’re missing a key donation source: Mobile giving makes up 17% of all online giving now and is projected to rise further in 2017.

For more trends and Jepson’s suggestions on maximizing their fundraising impact, see https://www.causevox.com/blog/fundraising-trends-2017/