Uncategorized

The Power Of Memes In Social Media Marketing

Leave a comment

What if I told you that memes are the most undervalued, misused, and overlooked marketing tool for businesses both big and small? A picture with a funny caption, motivational quote, or words that create pride for a certain group can be the most powerful use of communication between companies and customers, and the social media manager and the followers who like or follow the page. Memes are often looked at as non-professional in the business world, but the companies who effectively use them, could very well see a strengthening bond between them and their consumers.

If you’re on Facebook, you’ll see your friends post memes. Often these pictures have a theme that makes the poster prideful in what he or she believes or what they consume and own. I often engage with the local car scene being a car enthusiast. Owners of Honda Civics will post all the content they can find that assures them they have the best car. The same goes for Mustang owners and any other car brand you can think of. So why aren’t businesses doing the same?

a9413dc3304b9c0a18e43586fc488455

Taking a jab at Chevrolet, a Ford pickup truck owner created a meme that shows a Chevy pickup getting pulled out by the more dominant Ford. While at the corporate level, Ford’s official social media accounts probably wouldn’t post such a picture, not only to save face, but getting into a Twitter war, or Facebook feud, would come across as very childish and unprofessional. But for a Ford dealership, creating a similar post that may not be as straightforward, might be a good way to pry potential Chevrolet owners away from buying a Silverado, and instead seriously consider a Ford F-150.

58685569

Who doesn’t love Oreos? By far the best cookie on the market, and as the meme suggests, you simply cannot have just one Oreo, it’s impossible. While Oreos are in a class of their own, companies can learn from the loyalty many buyers have towards the brand. There’s a pride in the cookie and those who consume them. You may eat Chips A-Hoy chocolate chip cookies, but everyone knows Oreos is the most satisfying cookie, especially with milk.

What we are seeing in marketing, is the growing loyalty and love for certain products and brands. These memes re-inforce the belief of consumers that what they have is the best. Memes aren’t just for products but also activities. People often post pictures with captions that make them feel superior for participating in a certain hobby, while others are looked down upon for not taking part.

The bond between companies and customers is beginning to get more intimate. Not in terms of romance, but a friendship and loyalty is starting to develop, and it can only get stronger with more customers joining the ranks of Facebook pages and sharing their love for a product or hobby. This is making it easier on businesses to acquire repeat customers, especially with the help from those business’ social media accounts who actively engage with their followers.

Business, Economy

Is Boston Becoming A Center For Wealth?

Leave a comment

Since the economic recession in 2008, Boston and Eastern Massachusetts as a whole has come out stronger and better than most parts of the United States. Boston has recently experienced a building boom in multiple sections of the city, including the Financial and Seaport districts that’s not only attracting corporations, but individuals with wealth. General Electric recently announced that they’re moving their headquarters to Boston, for reasons including the growing market of technology companies in the northeast and the number of certified tech talent. GE no longer wants to be recognized as a industrial company of the last century, but wants to be known as a leader in tech.

Another indicator of a wealth shift is the type of stores that are popping up in the area, especially those in the automotive sector. McLaren of Boston, located in Norwell, Massachusetts, recently opened their dealership near the end of 2015. Prior to their arrival, the closest McLaren dealership was in Greenwich, Connecticut. In a 30 mile radius of Boston, there’s three Maserati dealerships, one Lamborghini dealership, one Ferrari dealership, and now McLaren. These places aren’t just here to attract window shoppers, but are tailoring to a growing market of wealthy individuals.

Economists are always fear mongering on the economy and constantly spreading the awareness of another recession, starting with retail. On any given weekend, malls such as Burlington, Natick, and Framingham are packed with shoppers. Parking lots are full as if it’s still the holiday season, and even during the height of the recession, local malls really didn’t seem to be affected. Furthermore, retail stores continue to pop up in many cities and towns throughout the commonwealth, signifying a strong local economy.

As a resident of Eastern Massachusetts all my life, I’ve never seen Boston and the surrounding suburbs thrive like they have over the past 3-5 years. Sure, the strong economic climate in the early 2000’s was prominent, but not at the level we’re experiencing today. Million dollar homes are being built and people are moving in almost immediately, older two and three family houses are being renovated into condos and being re-sold for more than $500,000 and consumers are buying them, and Boston has had multiple luxury high rise apartment buildings with waiting lists for tenants to move in.

In terms of vehicles most local residents own, Mercedes Benz, Audis, and BMWs are becoming all too common. It’s almost become desensitizing seeing Bentley’s, Maserati’s, and Porsche’s everywhere you go, and cars exceeding $100,000 are certainly not rare to find roaming the streets. Fifteen to twenty years ago, this wasn’t the norm, in fact, it was a treat to catch a glimpse of a new BMW, now it requires a bit more to get notoriety.

No one really knows where the economic climate is heading, whether positive or negative. One thing is for sure, Boston is becoming a new center for wealth for corporations, consumers, and entrepreneurs. Because people from outside the region are moving into Boston, the city has attracted some big name events, such as the Olympics which plans ultimately fell through, and a IndyCar race which is still scheduled to take place in the Seaport district during Labor Day weekend.

It’s safe to say that we’ve been very blessed as of late to not really be impacted by any economic adversity. Now of course, there’s always cities that will be affected, and some being very close to the city of Boston, primarily because they were former industrial hubs. When the factories closed, the middle class moved out and haven’t returned since. These cities aren’t attracting technology companies or businesses in sectors that are very strong and likely won’t anytime soon. The opportunities are certainly there, but the wrong stores are moving in with low paying wages, which won’t accelerate the local economy or put money in residents’ pockets.

So far all signs are pointing up for the city of Boston and surrounding suburbs in 2016, and we can only hope that this continues. With the strong local economy, the city’s skyline is beginning to change and evolve, showcasing the progress and economic environment the city is currently in. It’s going to be exciting to see the further transformation of this great city as some new high rises and skyscrapers are in the works, with some already breaking ground.

Business, Economy, Marketing

Instagram Has Become A Consumer-Friendly Platform: Which Is Good News

Leave a comment

Three years ago, what was Instagram and Pinterest? What value did they bring to the consumer, and were they worth the devoted attention by marketers? Some would argue that Facebook was and is currently the primary focus, and that it should be. However, has Facebook reached a point where not only the advertising has lost its effectiveness, but that, combined with Facebook’s evolution to becoming the platform to discuss social, political, and religious issues has pushed consumers to other platforms? Absolutely. There has been a major shift to Twitter and Instagram, and with that brings bigger and better marketing opportunities for businesses both big and small.

What makes Instagram so different is that the picture is what draws people in, not the written text below. Hard selling is very difficult as putting out quality, native content is a number one priority that will make more of an impact due to great visual posts. On Instagram, the consumers come to you. By effectively using hashtags, you’re drawing customers in, but the ball is in their court, not yours. They have the power to choose whether they’ll follow and consume what you sell, and they’re the ones that are engaging with you, rather than you engaging with them. Facebook has become a push platform, where Instagram is at it’s best when you’re attracting customers.

Companies are now promoting their products with the use of great content, and in-turn, are now getting inquiries about prices and services by serious consumers. On Facebook, it’s become rare to see customers engage with companies in such an open manner, unless those companies are very friendly, open, and direct through the use of their content. Small businesses ranging from selling t-shirts to car services, are seeing results through the content they share. Visualization is key. The better the picture, the more engagement.

Instagram is also a platform where it’s a must to update on a regular basis; four, five, sometimes even six pictures a day aren’t enough. But it should be noted that you have a clear strategy when it comes to the distribution of your content as certain hours of the day work better than others. To some degree, Pinterest has a lot to do with Instagram’s growth and maturity as a social media marketing platform. Pinterest is essentially the visualized version of eBay and Amazon, and through that, a great quality of content has now shifted to Instagram.

Consumers have a desire to become “friends” with companies, and build a connection through the use of content. At the rate Facebook is going, advertisements along with boring content is repelling customers, which may eventually lead to Facebook becoming valueless to businesses in terms of selling products in mass volumes. Right now Instagram is one of the hottest social media platforms out there, and it would be a mistake to not use it to your company’s advantage.

Prepare to put out great content and engage with your followers. Social media is changing, and Instagram’s current setup is the direction social media marketing is heading. Visualization will be key to selling anything, so it’s time to make the switch and focus on other platforms that aren’t named Facebook.

Business, Economy, Marketing

Sell Emotion, Feeling, And An Experience To See Sales

Leave a comment

Being a car enthusiast, and someone who is studying social media marketing for car dealerships, the notion of selling emotion, feeling, and experience is rather fascinating. A highly effective form of advertising that is often used in the hotel and resort industry, isn’t being utilized in other industries, or rather, not being used correctly. I believe that the greatest motivator in the buying process is feeling. When your favorite car brand promotes their new convertible, the scenery and sound affects draw you in, and if the commercial is successful, you’ll have a growing desire to experience what the actor is in the ad.

You’ve probably heard business people asking a salesperson to sell them a pen. Most of these sales pitches fail because they talk about the pen, but not about what the pen can do for you, as in how do you benefit from that pen. Selling cars has always been hard selling, and not about the benefits that buyer will see after they purchase that car. Instead of rushing someone into a hasty decision, either use marketing campaigns that strike at the heart of consumers, or consistently post content that gives a potential car buyer the desire to purchase a certain vehicle.

The home decor industry has fallen into the same trap, where spokespeople talk about “great deals”, but don’t try creating an emotion, feeling, or experience. What is better than sitting in an air conditioned house on a summer night, with a comfortable leather coach, watching a movie with the entire family? That’s an experience, a feeling, or emotion that many family-oriented adults desire to feel. We’re living in an amazing time where social media is dominating the marketing world, but industries aren’t using these tools effectively. Instagram and Pinterest are picture based platforms, and with great photos, you can create an experience for customers that will be desired.

It’s incredible that HGTV seems to be more effective at selling home decor products than the companies who produce and sell them. The same goes for the automotive industry where Car and Driver uses pictures, and posts content that could motivate a car buyer to choose a certain brand over the other. For Car and Driver, it’s not their job to sell cars, they’re specialty is reviewing them, and informing consumers. Yet, they’ve become a primary resource where car buyers could easily be influenced by a magazine article.

If you don’t start creating a feeling, an emotion, or start selling an experience, you will not see the ROI you desire from your social media marketing campaigns. Hard selling is slowly becoming the normal strategy for companies, not only those who produce the products we see on the shelves and in showrooms, but the ones who also sell them. How do car dealerships expect a certain model to sell, if they don’t promote their vehicle in a way that creates a desire to experience the feeling behind the wheel of that car? For HGTV, I get the feeling they’ve become more trustworthy and a better source of buying information on everything about homes and interiors than the companies themselves.

Social media has become the tool where customers grow trust in certain brands, whether that be a company, magazine, or television network. The reason why car dealerships and companies in other industries see low engagement rates is because they’re not posting content that builds emotion and a connection. The social media marketing era has created many winners in a multitude of industries, but now that social media is maturing, we’re seeing a lot of losers pop up, and that’s because they’ve resorted to hard selling. Sell emotion, feeling, and an experience if you want to succeed, because the hard selling days are over.

Business, Economy, Marketing

Not Marketing On Social Media? You’re Playing With Fire

Leave a comment

On my other website, Boston Auto Blog, I’ve discussed the importance of having a sound social media marketing strategy for car dealerships, but it’s essential for any industry. Over the past three months I’ve spent much time looking over companies’ social media strategies, while also taking notes on the businesses who aren’t taking social media platforms seriously. The findings were alarming for the businesses who weren’t consistently posting content, engaging with followers, or didn’t have any social media presence. We are now living in a time where marketing on Facebook, Instagram, and Twitter are vital, similar to when big conglomerates moved to neighborhoods, killing the small businesses off in the process.

As in the early days of the shopping mall and companies who could market, advertise, and mass produce products on a grand scale, new businesses who have the foresight of marketing on social media are stealing market share away from local perennial powerhouses. In 2015, it’s a friendly environment for young startups because they can use social media to their advantage as the virtual word of mouth. They can engage with followers even before their doors open, update their future customers on news regarding their startup, and already make an impact before their grand opening. The local stores with a strong tradition of being a great place to shop at is no longer good enough, especially if they’re not using Facebook or any other platform.

This year, there has been a new car dealership that’s moved into the local area. Months ahead of time they were posting updates and promoting their dealership with Facebook ads, so when the doors were finally ready to open, they had immediate customers. In turn, some dealerships in the area started scrambling and began promoting their Facebook fan page, but it was too late. The new dealership was not only promoting, they were also posting native content of their showroom, cars, nail salon, and memorabilia store. So far after 6 months since their grand opening, they’re by far the most popular dealership and have a following of over 8,500 fans on Facebook, which is more than dealerships who have been open for decades.

Traditional businesses who operate the old-fashioned way are playing a very dangerous game. By not going digital and updating their marketing strategy, they’ll get beat by the companies who are primarily marketing on social media. In fact, I haven’t seen one commercial from that dealership. Their popularity arose from word of mouth, social media marketing on Facebook, Instagram, and Twitter, and engaging with the local community. They were already a member of the neighborhood before the store even opened, and no one can deny that it had an impact on the local area.

Social media marketing will continue to help grow the companies who use Facebook, Instagram, and Twitter effectively, and will kill off the businesses who don’t take social media seriously. It’s already become apparent that this new dealership is taking business away from other showrooms in the area. For any company out there, the new kid on the block who is reaching out to the community should be putting fear in the hearts of the hometown boys who’ve owned the local turf for decades. You either update your marketing strategy, or you’ll be forgotten like the town diners and local stores that were eaten up by companies who could advertise on a mass scale.

Marketing on social media is serious. Without a sense of urgency, and not putting in the time and dedication to grow your Facebook, Twitter, and Instagram followings, you’ll be opening the door for others businesses who understand the importance of online marketing, and they’ll gladly take your customers away from you.

Business, Marketing

Instagram And Pinterest Will Change How We Shop

Leave a comment

Remember the days when you’d get a catalog in the mail, or you subscribed to a store and received online catalogs which influenced your buying decisions? With the existence of social media, and platforms such as Instagram and Pinterest, that’s all beginning to change. Pinterest, more than Instagram, has become the social media outlet where 32% of users plan to go buy what they pinned, while 30% said they’d take the next step in the buying process and purchase what they viewed on an online store, according to a recent study done by Millward Brown Digital. We’re slowly beginning to see changes in buying habits and behaviors, and it all starts with visualization.

Why are Instagram and Pinterest so compelling from a consumer’s standpoint? For industries such as home improvement, home decor, and clothing, visualization has become key to online marketing success. People who need new bath or kitchen fixtures no longer have to look through a catalog and find what looks good. On Pinterest, people can now see what those products look like in a bath or kitchen setting. They can visualize and see themselves in that room instead of being given a photo of the product with a white backdrop.

As the old saying goes, “A picture is worth a thousand words” and it can’t be more true for marketers and businesses on social media in 2015. The reason why Instagram is successful is because of the editing and filters done by users to make pictures really stand out. Not only are they great to look at, but they’re beginning to influence consumers in multiple industries. You’ve probably seen Millennials on Twitter sharing photos of cars, houses, and pictures of happy couples with the caption, “Life goals”. When did this all come about? Nice cars, houses with luxury interiors, and happy couples could always be found on television, in a magazine, or through a search engine. Why now has every 20-35 year old become enamored with pictures displaying luxury and happiness?

Pinterest, Instagram, and to an extent Youtube is where this craze for virtual visualization has come from. Similar to the days of the first movie with sound or first television that brought color to screens, people want more. Back in the early to mid 20th century people wanted sound and color to help make movies and television shows more appealing and easier to watch. Today Instagram and Pinterest have given consumers pictures with real life settings where they can see themselves owning that car, living in that house, or being happy with their significant other. That’s why Pinterest is seeing a combined 62% of users making buying decisions online, or being influenced to buy a product in the store. Those pictures are almost a trial version for consumers, where they can see what looks good in their house and if it’s worth purchasing to make their homes look the same as the one in the picture.

With all this being said, Pinterest and Instagram are opening the door for virtual reality and point of view videos. Instead of seeing someone in front a camera reviewing a product, first person videos is where the imagination of consumers goes one step further. If you’re interested in buying a car, you can find multiple car reviews on Youtube, with similar presenters all saying the exact same thing, with the same camera angles, and none of them can find a way to be different in any way.

However, Winding Road Magazine offers viewers point of view videos with a first person look behind the wheel. The sound systems they use make it possible for people to hear exactly what the driver is. Since the cameraman doesn’t say a word, viewers can put themselves in his shoes and imagine themselves in that car. With over 150,000 subscribers and over 50,000,000 views, Winding Road Magazine is well ahead of the curve when it comes to the next era of technology and social media marketing.

Visualization is becoming a major factor in buying decisions. If you’re posting pictures of your products with white backdrops, your content may not be as effective as the company who is using photos of their product in a real life setting, such as a living room or kitchen. Virtual reality will be made possible thanks to GoPro cameras and technology coming out next decade. More importantly though, right now in 2015, you must use Pinterest and Instagram to your advantage and give your customers exactly what they want; a visualization of your products.

Business, Economy, Marketing

Social Media: Killing Friendships, Or Building Stronger Bonds?

Leave a comment

You’ve probably seen videos or graphics showing the breakdown of socialization due to everyone looking at their smartphones constantly, or spending far too much time on social media. People crying out and spreading the word that social media, despite containing the word social, has destroyed interaction with our friends, families, and others around us. The campaigns that are out there to encourage Internet users to turn off their phones, shutdown their laptops, and other devices that connect us to the virtual world, are out there, but so often not listened to and falling on deaf ears. Little do these activists, if you can call them that, know that they’re the ones being left behind with a 20th century mindset in a 21st century world.

Taking a quick look back 15-20 years ago, kids used to be on the playgrounds, playing basketball at the park, or catch with a small group of friends. They’d have face-to-face conversations with each other, and if they were home, they’d call their friends on the home phone and schedule a get-together. Those were the days right? Maybe not so much.

In today’s world, what is going on? Kids are still playing basketball, baseball, and other sports, but not on their own, they’re usually part of a league (AAU, Little League, Pop Warner). Their friendships arise by playing on the field or court together, not because they live in the same neighborhood. When they’re home, they’re texting, Skyping, and FaceTiming each other constantly. But what about the kids, or even adults who didn’t join an official group that their parents or themselves signed up for, how are they still maintaining and growing friendships? Social media.

Car enthusiasts are joining Facebook groups, commenting on car magazine statuses, posting videos on Youtube that are reaching like-minded individuals, and sharing photos on Instagram that attract others who have the same interest. Through these resources, car meets such as Cars and Coffee have been created to bring an entire community of car enthusiasts together, and these car owners from all over the region likely had an online friendship prior to meeting face-to-face.

Their bond has been created by a common interest. This group is made up of people who probably don’t get along with others in their neighborhood, or go to school with a class that has no interest in cars. Instead of being left out, this group can meet on the weekends, chat on social media, and text each other. Friendships are no longer decided by geography or what school or neighborhood you live in. These people could live 50 miles away from each other, but will meet in the middle on weekends because of that friendship and mutual interest in cars.

Relationships are another aspect that people believe social media is getting in the way of, but is it really? Take a look at your friends and the relationships they are in with their significant other. They appear to have the exact same interests, doing activities together as if they were best fiends. Social media and their smartphones aren’t getting in the way of their relationship, and if they are, then are those two compatible? If not, that’s when the Internet and smartphones begin to dominate.

What we are seeing is the death of the traditional friendship, but the creation of a brother and sisterhood. Celtics fans are getting to know each other on Twitter, after a while of chatting on social media, they’re now meeting up before, during, and after games, and sharing that common fan-hood, creating a fan base that’s much closer than in previous generations. Instead of 18,000 Celtics fans who’ve never met before going to a game, there are now cliques and groups in each section who do in fact know each other. The fan experience has now become a bond and friendship, and not a collection of Bostonians watching their favorite team in the TD Garden.

The people and Facebook users who are complaining about the end of face-to-face interactions and loss of friendships, are now the victims of being last in their social network to realize where we’re heading as a society and how we interact with each other. People desire a friendship that shares mutual interest on a number of levels. Just because you go to the same school, work in the same office, or live in the same neighborhood, doesn’t mean you’re that great of friends. There needs to be more in common than that, and car enthusiasts, Celtics fans, and any other large group of hobbyists have seen that, and they’re joining other lilk-minded people.

As I said before, the only ones complaining about the “over-usage” of social media and smartphones are the last people to know and interact with people who share their same interest. In reality this isn’t anything new to mankind. All this really is are fraternity/sorority, after school programs, and sports leagues on a much grander scale that are being established via social media. Stronger bonds are being created, while the last remaining link is all alone waiting to assimilate with a group of friends who share the same passion towards a hobby.

Marketing Matters

Paste your AdWords Remarketing code here
%d bloggers like this: