Archive for the ‘Facebook’ Category

Like the Facebook IPO?

Tuesday, January 31st, 2012

By Robin Russo

Don’t get me wrong – I’m a huge proponent of Facebook, but this little thing called an IPO is starting to bug me – a lot. And I doubt I’m alone in this. “Fans” of Facebook – expected to reach a billion this year – can’t possibly “Like” the Facebook IPO, rumored to happen sometime in the next few months. That’s because those of us loyal Facebook users – who helped make Facebook a success – will not have a chance to take part in what is being called the largest public offering – ever (it already is the largest Internet offering).

So who will get to take part in this record breaking IPO – which stands for “initial public offering” – a term that technically might not apply to Facebook, since it’s been heavily traded for some time in the secondary markets where “private” shares are bought and sold (by the big investment firms that push it toward their own big clients, many of which are foreigners)? In addition to these and other investors in the company, Facebook employees who’ve been anxiously awaiting a chance to sell their shares on the open market will also benefit from the IPO. The “public,” the rest of us, won’t have a prayer of getting our hands on this IPO.

Many of these people will become millionaires from this IPO and don’t get me wrong – I’m all for capitalism and I understand that this is the way it’s done. But something smells fishy to me, and it isn’t just that Facebook founder Mark Zuckerberg went on national TV and said to the world that he had no intentions of going public – I get it. Facebook has just gotten so big that it’s taken on a life of its own and even he can’t stop it from its true potential. And I know I shouldn’t be surprised, that it was inevitable that this multi-billion dollar innovation would become a public company.

Maybe I’m just a bit naïve, but what’s really bothering me is that this IPO was very calculated – it wasn’t just “Oops, we have more than 500 investors now” – the way it’s being reported. If Facebook goes public by the end of May – as is being reported – early shareholders will be able to sell some shares before the end of the year and, notably, before the expiration of tax cuts instituted during the George W. Bush administration. Now isn’t that a coincidence.

Who’s Talking?

Wednesday, January 18th, 2012

by Alyson O’Mahoney

Here at RL&A, we are a bit obsessed with social media marketing reporting, tracking, monitoring – ultimately, gauging the daily impact of a conversation started, commented responded to, etc. So when Facebook launched a new interactive marketing metric – “Talking About This” – not so long ago, and made it an incredibly prominent feature directly under a page’s fan number, we were a bit like babies staring a shiny object…mesmerized. However, over time, we have grown a bit disenchanted with this number and by telling you this, we hope you will, too (and ultimately, we hope Facebook does away with it!).

From what I have read, this figure is supposed to gauge the past week of a page’s activity related to conversation and interactions, including:

• liking a brand page
• posting to a page’s wall
• liking, commenting on or sharing a page post (or photos, video or album)
• answering a question on a page’s wall
• RSVPing to an event
• mentioning a page in a post
• tagging a page
• liking or sharing a check-in deal
• checking in at a place.

I don’t see advertising mentioned in this list…..but it seems to be the most influential in raising/lowering this number based on our experience. Here’s our own example: two client pages – one has been around for about six months (red box) and has had nice, ongoing organic daily interaction, growth, etc.; the other is a brand new page (blue box) that has invested a modest amount of spending on CPC social ads for its first week of its launch. You can see the existing page has a much smaller percentage of “Talking About This” compared to the page spending advertising dollars in Facebook. You would think the larger fan base would have a higher “Talking About This” figure, but the fact is, this particular week, that brand, though a much larger fan base, had no CPC spending…so is that the key difference here?

A social network, to us, should be measured mostly by organic interaction…and the success of a true social media marketing campaign should reflect this. Based on our own experience, the “Talking About This” snapshot, frankly, seems to be more of a measure of a brand’s cost-per-click (CPC) paid social ad efforts in Facebook and not really the brand’s social conversation prowess. CPC on a social network is not social media, it is advertising in a social media setting, which we highly recommend, but it should not be a number used and displayed second only in importance to total fan base.

Facebook Fan Abandonment Should Be Considered as Measurement of Success

Friday, August 26th, 2011

Facebook Fan Abandonment Should Be Considered as Measurement of Success

Anyone who has a brand page on Facebook wants to create a robust brand community and watch those “likes” grow, but building a fan base should be a strategic exercise focused on quality not quantity. If you are too focused on a quick spike in fan numbers with flashy giveaways that bribe potential consumers to like your page (to enter a contest with a big prize, get some type of big freebie, etc.) as opposed to maintaining a long-term, engaged fan base, you will end up losing those fans fast when the promo ends. Once you begin to really converse with them about what the page is about…not the contest or the promo…but the brand, many of these new fans will likely leave because they got what they came for (the giveaway). This is called fan abandonment.

In fact, a recent stat from ExactTarget, a targeted email marketing supplier, indicates that 26% of consumers say they have “liked” a company because they were interested in a one-time offer, and then “unliked” the brand after getting what they wanted, which means the brand lost that consumer’s attention for continued conversation. In addition, we have seen fan abandonment rate stats reported upwards of 30%…that means 1/3 of the page fans have cycled out!

Behavior such as this is exactly what RL&A wants to avoid for our client pages. We avoid this by not participating in “like” bribery; instead we give fans, new and old, brand content they can engage with that keeps them at the page. This may grow the page a bit slower than the page with the $1 million offer, but it means we attract fans that are more likely to stick to and with the brand. In fact, our average fan abandonment rate for the approximately 15 Facebook pages we manage is less than 9%…in some cases, less than 5%, which is significantly lower than the industry’s averages. If you are going to invest time and money into creating a community, do so strategically for the long-term…and don’t abandon this approach for the quick spikes, because over the course, these fans will abandon you.

ZMOT Supports Social Media Marketing

Wednesday, April 6th, 2011

By Robin Russo

Lately, our most frequent topic of conversation with prospective HBA clients is how to engage consumers through social media — and why it’s so important in today’s app- and search-obsessed world. How can we measure social media results and will social media actually impact sales? In fact, we talk about this so much that sometimes we need a reality check. So I set out to unearth a few little facts to support RL&A’s case for social media marketing in our current world of tight HBA marketing budgets:

 According to Google, consumer searches for beauty and personal care are up 15% — SKU proliferation in the marketplace and more complex product ingredients, additives and benefits (i.e. anti-wrinkle, probiotics, acai, stevia) have given consumers more reason to turn to search engines to help them in the decision-making process.

 And in the blogosphere, the NY Times recently reported that there are now 3.9 million “mom” or “mother” bloggers offering up their views on a host of topics, from parenting to beauty and personal care and OTC health and nutritional products. Some of the top bloggers are even gaining celebrity-like status, showing up as experts on television and talk shows.

 On the healthcare side, 80 percent of internet users search for health information online according to the Pew Research Center in a 2011 report. Two-thirds of internet users search for information on diseases and medical problems and more than half search for treatments/procedures for specific conditions. Looking for health information is the third most popular online activity, the report found.

 Also according to Google, the rise of full internet adoption and increased search engine use often leads to brand interactions taking place between a consumer and a brand before that consumer ever sees a product on a shelf – or what they call the “Zero Moment of Truth”, or ZMOT.

 According to a SymphonyIRI report, 83% of shoppers make their purchase decisions prior to entering a store.

 The SymphonyIRI report also says that consumers are relying more on OTCs and self-treating to save money in our down economy. As a result of taking charge of their healthcare management, they are looking for guidance – NOT from doctors or pharmacists, but from the brands and companies they trust.

 Social media marketing will improve your search engine ranking, when done properly. More importantly, a by-product of social media marketing is organic SEO – which is way more cost-effective than paid search.

Opportunity is knocking…just open the door. Anybody for a lesson on social media 101?

Page One Beauty PR Firm

Friday, March 11th, 2011

As a busy PR/social media agency, we often forgo our own marketing since we are too busy tending to our client’s marketing needs, but occasionally, we try to practice what we preach – namely, that social media, when done properly, can land you on page one of Google. It won’t happen overnight, but within six months of starting an organic social media campaign, you should find yourself – your brand, your company, your website — on “page one” based on using your two or three most important key word phrases in search….the way you believe your consumers might best find you other than putting in your company/brand name.

For us, “beauty PR” or “beauty PR firm” was at the top of our list, since we already come up as the number 1 and 2 for the search term “OTC PR” (what were best known for). However, unlike OTC PR, beauty PR is a tough one, as there are hundreds, if not, thousands of agencies that purport to be beauty PR specialists, many of which are way larger and more famous than little old RL&A. Yet, low and behold, after a bit of social strategy and our own content engagement online, there we are, on page one for “beauty PR” and “beauty PR firm” in just a few months (we are slot 7 and 10, respectively, for these search terms, but with continued marketing as we have been doing, we feel we can move up further).

So for this post, I just wanted to toot our own horn for a change, and not only share our success in getting onto page one of Google, but also on one pretty big accomplishment that makes us “page one Google-worthy” for beauty PR: our FANTASTIC Facebook page for Softlips Lip Balm, which is about to surpass 520,000 “fans” this month – not a small feat. Not only that, but we have some 750-plus blog posts and 90-plus video blog posts (vlogs) for Softlips, all secured by our dedicated RL&A staff. It’s a beautiful thing…so if you are looking to launch or refresh a beauty product in the traditional media or social space, we are at the ready to handle your beauty PR, social media PR and marketing (note the keywords in here??).

World Cup Winner: Team Social Media Marketing

Thursday, July 1st, 2010

By Brittany Oat

WC4

In the 2010 FIFA World Cup it’s not Lionel Messi or Cristiano Ronaldo who are the biggest stars. No, it’s Facebook, Twitter and YouTube…and the fans sitting at home using those tools to get so close to the game they might as well be in South Africa.

We’ve seen social media make huge leaps for Barack Obama’s election day victory and the death of Michael Jackson, but it’s nothing compared to the 2010 FIFA World Cup (officially deemed the largest event in social media history). Just look at Twitter- it set a record of 3,283 tweets per second during a tournament! If we could put a sound on the cheers being tweeted I bet you it would be a thousand times louder than the noise in the stadium.

Facebook is seeing similar activity. Fans are celebrating on the thousands of pages created specifically for the 2010 World Cup, teams and players.

So, it’s not surprising that major brands are using this as an opportunity to get some relatively inexpensive playing time. Nike, Adidas, Coca-Cola, Visa and others are having their own competition…who can get the most benefit from the World Cup buzz
. Visa has done well on YouTube with their “Go Fans” campaign. You know, those semi-annoying videos where a fan lathered in face paint yells GOOOOOAL for about 20 seconds? People can even enter their own video on the site. Coca-Cola is using similar strategies.

Going forward, the social media explosion around large athletic, political and cultural events will only continue to grow. Fans, teams, brands, social media sites will all benefit from this. The only real losers I see in the 2010 World Cup are the traditional media outlets.

Thanks to Social Media PR, Your Communications Team is Even More Invested

Friday, June 11th, 2010

By Anne Carlantone

The other day, I was really stressed at work. That’s not unusual for anyone, but the source of the stress was much different than it would have been years ago. The source of the stress was not my boss, my client or even a reporter – it was a less-than-happy Facebook fan (or “liker,” as we say now) of one of my clients’ brand pages! I felt an urgent need to help set things right for this person, not only because it’s in my client’s best interest to do so, but because this person is very active on the page and, in a way, I feel like I know her.

As professional communicators, identifying our audience is half the battle. We spend a lot of time discussing our “targets” and analyzing who our clients’ consumers are. We spend time on focus group research, segmentation studies, etc., and those things are still important. But I don’t think anything has ever “connected” us on a personal level like social media has.

For instance – when a client’s product is placed in a magazine article, we know that a huge number of people are seeing it, but we can never really be sure what the reactions from the readers are. On the other hand, if it’s featured on a blog, there is generally a long list of personal comments to give us an idea on how the product is being received and a reaction to how it’s being presented. As we grow in the management of Facebook pages for our brands, I am constantly amazed at the valuable information we get from the people who “like” our brands…in a matter of minutes. None of this is scientific by any means, but it’s real-time, and well, “real!”

And in turn, as professionals, we feel even more accountable and invested in our clients’ products. If a product isn’t working out for someone, or if there is a problem with product availability in a particular market, they let us know, and we genuinely want to connect them with the information they need. We’re not just discussing our targets…we’re truly interacting with them.

How Social Networking Can Keep You Healthy

Friday, April 30th, 2010

By John Whitcomb

SparkPeoplescreenI recently was told by my doctor that I needed to make better lifestyle decisions or else I was putting my health at risk. I went home after this wake up call and did a search on Google for free online tools and came across this website called Sparkpeople.

Sparkpeople is a social network that is dedicated to bringing individuals together who want to make better lifestyle decisions regarding their nutrition and fitness. In many ways, it is very similar to Facebook or MySpace, but is one of millions of the smaller social networks that are designed for a specific purpose or demographic.

The point of Sparkpeople is to connect with others to help you lose weight, exercise more, or just make better lifestyle decisions. The network lets you set up a profile that other users can see and then you share your progress toward your individual goals. In addition, you can also join teams, such as SparkTeam NY or New Parents etc., that allow you to connect with people not only with the same general purpose but also who have a similar lifestyle to yours. The team also has its goals, which are achieved as a compilation of individual team members achieving their own goals.

The network also features trackers for both nutrition, fitness and body metrics This whole tracking method takes the traditional food or exercise journal to an interactive level and lets you quickly see and compare how you are doing and thereby, stay motivated. The basic idea of finding a buddy or a support group, or keeping track of your progress have always been great motivators. This technology just allows you to take it to the next level.

SOCIAL NETWORKING PR — I LIKE IT!

Tuesday, April 27th, 2010

I don’t know if everyone’s noticed, but this week, instead of becoming a fan of something on Facebook, you now simply say that you “like” it to become part of the page community. It seems like a little bit of a puzzling, “tomato, tomahto” change, but I have to say that…I LIKE it!

Why? Because psychologically, the word “fan” implies a little too much adoration for my taste; a little too much zealotry, perhaps. It makes me feel like a screaming 10-year-old at a Justin Bieber concert. But simply liking something is much cooler. It implies all the approval without the emotional commitment.

The “like” option is a way to put in your two cents with a touch of the button. It’s instant validation and positive reinforcement for the “likee,” and it provides the feeling of being heard for the “liker.” When you click that little thumbs-up icon, you’re like a professional critic giving your approval…you’re like Chuck Norris…you’re like The Fonz! And the absence of a “dislike” button is a gentle reminder that if you don’t have something nice to say, you shouldn’t say anything at all.

And while I could be imagining it, I feel like our clients’ brand pages have experienced a little jump in numbers since people are “liking” them rather than “becoming fans.” I’m curious to know…are people liking more than they were fanning?

What do you think? Do you like it?

Facebook Revenues to Generate $500 Million in 2009

Monday, July 13th, 2009

According to board member and social media guru Marc Andreessen, Facebook revenues will exceed $500 million this year, and “billions in the next few years”.   There are a few monetization tools that Facebook is using to generate these revenues: major brand sponsorships, self-service advertising, Facebook currency and application ad revenue.   Whether or not this justifies a $10 billion valuation remains to be seen, but the fact remains: Facebook is grabbing the attention of advertisers, worldwide.

So what does this mean for marketers and the PR world in general?  For one thing,  sites like Facebook and other social communities are making it much easier for advertisers to spend on smaller and smaller budgets (most with daily budgets as low as $5).  For example, Youtube video promotion has gotten simpler than ever.  This trend is creating a democratization of advertising, and allowing smaller companies and brands to enter organic communities to deliver targeted, specific messaging.

Second, and in my opinion, this is more important than point one (hence the bold and italics), Social actions can’t simply be purchased; they need to be a part of a larger communications strategy.  Purchasing social media advertising is not like buying AdWords, or driving site clicks with 90% bounce rates to your site in the hope of getting a few acquisitions in any other digital media, and it’s not the same as buying a CPM campaign by looking at ComScore sites and building banner ads.

Building your community requires patience, transparency and a commitment to talk to your audience.  It’s not as simple as purchasing media, but it can reap rewards.  If your site traffic is driven exclusively by clicks purchased in Google, how well does your product information, or any product affinity, stick?  If, however, you can create a space where people are discussing your brand, and associating it with a personality, message, content and purpose, your audience will be far more likely to take your message with them all the way to the cash register.  Please don’t take my word for it, listen to Procter & Gamble.

Effectively communicating in social media requires answering these questions:

  • What do you hope to achieve?
  • What is your message?
  • Where is it going and why?
  • What content is driving this message?
  • How are you servicing  this content?

I    I’m looking forward to seeing the exponential growth of Facebook, Twitter and other social networking sites — and I’m looking forward to seeing creative brands capture this space.