by Fronetics | Sep 5, 2019 | Blog, Logistics, Marketing, Social Media, Supply Chain
Instagram Stories offers paid advertising delivering targeted content to B2B buyers and building brand awareness with potential customers.
Highlights:
- As the number of people using stories has grown, so has the number of businesses using the format to connect with their audiences on social media.
- As more people browse Stories, you can show your ad to the maximum number of people possible using this format.
- You can get more eyes on your video content by posting videos on Instagram Stories.
Video transcript:
I’m Elizabeth Hines from Fronetics and today’s topic is paid advertisements on Instagram Stories.
Instagram Stories are the latest social media trend. As the number of people using stories has grown, so has the number of businesses using the format to connect with their audiences on social media.
Story ads represent an alternative to News Feed ads, which, though still effective, had lost a bit of novelty. Here are 3 reasons to start using Instagram Story ads:
1) Brand reach: As more people browse Stories, you can show your ad to the maximum number of people possible using this format.
2) Traffic and conversions: Send more people to your website, where they can convert to a lead.
3) Video views: Stories are a great platform for video. You can get more eyes on your video content by using it in this channel.
The rise in popularity of Instagram Story Ads tells an interesting, ahem…story. People are interacting more and more meaningfully with brands on their mobile devices and they increasingly want to do so in a format that is easy, convenient, and engaging.
If you want help setting up your Instagram Ads, visit us at fronetics.com to learn more.
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by Fronetics | Sep 3, 2019 | Blog, Current Events, Logistics, Supply Chain
The long-rumored launch of an Amazon logistics service is unlikely to be rumor much longer. Here’s what 3PLs need to know.
Highlights:
- Amazon recently invited select shippers to use a service called Amazon Shipping.
- The retail giant boasts a global logistics footprint that covers 243.5 million square feet – and counting.
- Amazon’s hiring plans offer insights into its plans for logistics services.
Rumors of an Amazon logistics service have been swirling for nearly two years. In February 2018, the Wall Street Journal predicted that Amazon was planning to launch a “delivery service that would vie with FedEx, UPS.”
In April of this year, Amazon re-stoked discussion of its long-rumored logistics service by inviting select shippers in three major U.S. cities to use a service called Amazon Shipping. While more recent reports indicate that this Amazon logistics service may not be attractive to all shippers, it’s time to consider the possibility that Amazon is about to become a player in the logistics sector.
The growth of Amazon Logistics
Shortly before the April 2019 reports surfaced, Amstrong & Associates Inc., a logistics industry research and consulting firm, published a detailed report on Amazon Logistics. Summing up the report’s conclusions, A&A President Evan Armstrong said, “Amazon is acting increasingly like a 3PL.”
Armstrong’s report estimates that Amazon provides logistics services for 12% of B2C shipments worldwide, noting that third-party sellers account for more than half of all units sold through the Amazon platform. Eytan Buchman, vice president of marketing at Freightos, points to Amazon’s massive logistics footprint at 243.5 million square feet.
The network of warehouses and distribution centers that make up Amazon Logistics comprises 386 facilities in the U.S. alone. That includes 159 fulfillment centers, 47 inbound and outbound sortation hubs, 52 Prime Now hubs, and 115 local delivery stations, according to data compiled by Montreal-based research firm MWPVL International.
Amazon CEO Jeff Bezos has often emphasized the importance of “how fast [a product] will ship or be available for pickup,” as in his 2017 letter to shareholders. As evidence of Amazon’s focus on logistics, Buchman points to the company’s 2018 competition assessment, identifying “companies that provide fulfillment and logistics services for themselves” as competition.
Yet experts remain divided when it comes to labeling Amazon outright as a 3PL. Armstrong, for example, doesn’t place Amazon in the same category as 3PLs because logistics “is just part of their business.” On the other hand, Satish Jindel of SJ Consulting Group estimates that Amazon generated $42.5 billion in gross revenue from logistics services worldwide in 2018, making it the world’s leading 3PL.
Hiring plans for Amazon Logistics
In doing a deep dive into the nearly 17,700 full-time vacancies listed on Amazon’s website, Buchman formed some interesting insights into Amazon’s plans. Here are the key points he found:
- 920 (or 5%) of the 17,700 jobs listed are in the logistics and transportation sector.
- About half of these logistics and transportation jobs are in the U.S.
- More than half of the vacancies require at least 4 years’ experience.
- More than 10% require at least 7 years’ experience.
- 14 jobs require more than 10 years’ experience.
Based on his analysis, Buchman believes that it’s “clear exactly where the company is moving – cross-border trade and international logistics, while improving courier delivery.”
What does Amazon Logistics mean for the sector?
The Amazon effect is the subject of much discussion, speculation, and anxiety for manufacturers and distributors, and Amazon Logistics is no exception. Other 3PLs, such as FedEx, have publicly insisted that Amazon poses no threat – despite statements to the contrary from Wall Street analysts.
In contemplating where Amazon logistics leaves other 3PLs, Buchman concludes that while “few operate at the same scope as Amazon’s level of business… most do already have the expertise, physical networks, and internal technological capabilities to differentiate.” He concludes on the relatively gloomy note: “Doubling down on improving user experience had recently become the way to stay ahead. But now, it’s looking like the way not to fall behind.”
At Fronetics, we’ve written before about the challenges that the Amazon effect poses for supply chain and logistics companies – and why it’s ultimately a net positive. Amazon’s disruptions to the sector are likely to continue, and, as they do, the rest of the industry has the opportunity to refine and sharpen its practices.
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by Fronetics | Aug 29, 2019 | Blog, Content Marketing, Current Events, Logistics, Marketing, Social Media, Supply Chain
Also this month in social media news: Facebook adds Instagram scheduling to Creator Studio and Twitter launches 6-second video ad bidding.
Highlights:
- Facebook is adding an easy option for users to create a still-image slideshow in its Stories feature.
- LinkedIn’s new audience engagement insights will offer improved audience discovery, content recommendations, and industry benchmarking.
- Marketers can now use Facebook’s Creator Studio app to schedule posts on Instagram.
After a somewhat tumultuous July in the world of social media news, August has been calmer. Our updates this month are less concerned with reproaches of Facebook from the Fed and more with news that directly impacts marketers, particularly in the B2B sector. LinkedIn has partnered with third-party providers to offer a robust set of audience engagement insights, and Instagram made the welcome announcement that posts can now be scheduled the Facebook Creator Studio App.
As Stories’ popularity continues to grow, particularly on Instagram, Facebook is working diligently to make its native Stories feature an attractive place for users to post. As part of an ongoing series of updates, this month the social media giant rolled out two new Stories features geared to boost usage. Keep reading for more details on the social media news this month.
Facebook Announces Continued Updates to Stories
As the popularity of Instagram Stories continues to grow, Facebook remains tenacious in trying to encourage usage of its Stories feature. This month, the social network began testing a Stories update prompt displaying a split panel, encouraging users to share to their personal as well as business Page Stories.
Earlier in the month, Facebook added a slideshow option to Stories. The feature allows users to add a still image slideshow to their Story, providing a simplified way to add a stream of images that play out through Story frames. While it was previously possible to achieve the same result by selecting images one by one for each frame, the new option will make it easier.
Facebook believes that Stories are the future of social sharing. While reports indicate that Stories usage is growing, it remains to be seen whether the social media giant can position itself as the preferred platform for Stories content.
LinkedIn Adds New Audience Insights
As part of ongoing efforts by LinkedIn to develop more insight into central topics of interest among its users, the platform has rolled out a new expansion of its marketing partner program with new engagement insights. Responding to the challenge of “reaching and engaging the right audiences at scale,” LinkedIn is partnering with multiple third-party providers to offer a robust set of audience engagement insights.
According to the announcement from LinkedIn, “With these insights, you can better refine your content strategy and make smarter marketing decisions to help deliver better ROI for your LinkedIn ad campaigns and organic posts.” Benefits include audience discovery, content recommendations, and industry benchmarking.
LinkedIn has long been a preferred platform for B2B marketing, and this latest announcement strengthens the network’s credentials.
Facebook Adds Instagram Scheduling to Creator Studio
The latest addition to Facebook’s Creator Studio app is a welcome one for social media marketers. Earlier this month, users began to receive in-app notifications saying, “Instagram and IGTV publishing now available.” Since Instagram scheduling has proven a challenge for social media marketers, this update promises an improved experience.
The new option to schedule Instagram and IGTV posts through Creator Studio offers increased capacity, and it allows marketers to upload to Instagram from a desktop, rather than only through a mobile device. Needless to say, the new publishing and scheduling option will make Instagram marketing far easier. However, it remains to be seen whether posts coming through this process will receive less engagement, a concern in the past with third-party scheduling tools.
Twitter Launches 6-Second Video Ad Bidding
Twitter is launching a new video ad option, namely, 6-second video ad bidding. The ad bidding option means that advertisers will only be charged if their video ad is viewed for 6 seconds. According to the network, “With mobile video consumption at an all-time high, studies show brand impact happens almost instantaneously (within seconds) with video ads.”
Twitter cited the results of a study by EyeSee, which “determined short-form (under 6 seconds) sound-off videos with clear branding drive significantly better ad recall and message association on mobile than linear TVC style videos.” Advertisers will be able to publish on-platform video ads as in the past, but the new option means they can choose only to be charged when a video is viewed for 6 seconds.
Stay tuned for next month’s social media news.
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by Fronetics | Aug 7, 2019 | Blog, Content Marketing, Logistics, Marketing, Supply Chain
As digital natives flood the purchasing landscape, visual presentation is critical. Our infographic offers tips to improve your visual content to resonate with today’s buyers.
Highlights:
- Visual content can be more easily digestible and compelling than purely text-based content.
- Optimize your visual content for search engines by accompanying it with searchable text and tags.
- Keep branding consistent with a unified color scheme and fonts.
The internet is becoming an increasingly visual space, and brands are feeling the pressure to stand out from the masses. But making an effort to improve your visual content doesn’t have to be an arduous chore. In fact, the type of complex information that supply chain marketers often need to present can be far more easily digestible in graphic format.
Strategically created and distributed content that is design-minded and visually appealing is your brand’s best friend. Our infographic offers 5 ideas to improve your visual content efforts, with a focus on broadening your brand’s reach, engaging your audience, and generating leads.
5 tips to improve your visual content
(Made with Canva)
1) Make your content search-engine friendly.
In the same way that social media analytics are struggling to keep up in an increasingly visual climate, search engines have yet to be effective at searching visual content. No matter how compelling your visual content, you won’t be getting the most out of your efforts unless you optimize your content for search engines.
There’s a simple solution to make sure your visual content makes it to the top of relevant search queries: post a text transcript with video or accompanying explanatory text with infographics and images. You can also make sure your visual content is easily searchable by categorizing and organizing it. Label visual assets like logos and images with relevant keywords, and tag them when publishing.
2) Make data come alive.
When it comes to presenting the kind of turgid data that’s often inherent in supply chain purchasing, visual formats are a marketer’s best friend. Supply chain marketers are ideally positioned to make use of attractive data presentation, including charts, graphs, and animated images. Organizing data into a visually appealing graphic, video, or animation makes it far more engaging and digestible for your audience.
3) Create reusable graphics.
Whether you’re creating visual content in house or outsourcing visual content creation, it behooves you to consider how it can be reused. When designing an infographic, for example, think about how it can be broken up into multiple graphics, each with a set of statistics or other information. You can combine these smaller graphics to other pieces of text content, adding visual appeal and boosting engagement.
These visual snippets are also ideal for posting on social media as teasers to link to fuller visual assets.
4) Consistency is key.
One of the most important things you can do to improve your visual content is make sure it’s consistent. Your brand’s visual presentation includes fonts, font sizes, colors, image styles, and any other graphic elements that are visual indicators of your brand’s identity.
Make sure all content creators in your organization receive clearly documented visual guidelines, along with samples for their use. Every time you publish visual content, include checking these guidelines as part of your editorial process.
5) Tell a story with your content.
The difference between good visual content and great visual content ultimately boils down to one thing: emotional resonance. The most significant way you can improve your visual content is to start with the idea of telling a story.
Ideally, you’re presenting data in a way that communicates a feeling and elicits an emotional response from the viewer. If your data is impactful, your viewers will forge an emotional connection with your brand.
What tips do you have to improve your visual content?
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by Fronetics | Aug 6, 2019 | Blog, Content Marketing, Marketing, Supply Chain
Integrating marketing and innovation early in development paves the way for new products to succeed.
Highlights:
- In many organizations, marketing is declining and moving downstream.
- Innovation needs marketing to be successful, and the earlier marketers are involved, the greater the chances of success.
- Marketers can help innovations succeed by identifying buyer needs, understanding what makes a product attractive, generating buyer engagement, and more.
With the emergence of automation and artificial intelligence (AI) technologies, some companies are putting marketing on the back burner when it comes to allocating resources. While these technologies are invaluable tools for marketers, they should not be supplanting a robust marketing presence. Marketing matters now more than ever, and integrating marketing and innovation is perhaps the best thing businesses can do to create competitive advantage.
Brand-building expert and author Denise Lee Yohn writes that despite the recent decline of marketing and its consequent move downstream, “the full, business-growing power of the marketing function comes way upstream – from creating markets.” This is particularly true when it comes to innovation development. Simply put, innovation needs marketing.
When marketers are involved upstream in development discussions in the innovation process, businesses integrate the power of marketing and innovation. As Yohn puts it, “Strategic, upstream marketing that is incorporated into the innovation development process can clearly define who to sell the new offering to and how to sell it.”
5 ways integrating marketing and innovation leads to greater success
1) Identifying buyer needs
When an innovative design or process hits the market, its success can hinge on whether it meets (or is perceived to meet) an existing unmet buyer need. When marketers are involved early in the development stages of an innovation, they can offer valuable contributions about the needs of the target buyer persona. These contributions can help shape product development, and marketers are in turn able to preemptively drive interest and start generating leads before a new product even hits the market.
2) Understanding what makes a product attractive
Marketers have the knowledge and expertise to analyze buyer trends and address what Yohn describes as “the cultural, social, and psychological dynamics that should be addressed in the development of and communication about an innovative product.” In other words, involving marketers upstream helps shape product development toward marketability.
3) Generating buyer engagement
When engineers or designer talk about a product, they tend to focus on what it can do. When marketers talk about a product, they focus on what it can do for a target buyer persona. Particularly when it comes to marketing breakthrough innovations, buyers need to be educated about why they’re necessary. Marketing and innovation can work hand-in-hand to engage a target buyer segment by emphasizing the aspects of an innovation that make it directly beneficial.
4) Providing context
To illustrate how marketing can help “develop the entire customer experience ecosystem,” Yohn uses the example of the failure of the Sony e-reader as opposed to the success of the Amazon Kindle. Because Amazon integrated marketing and innovation early in the process, when the product launched, “it offered an integrated experience of hardware, software, service, and content.” In other words, marketers can provide necessary context for the launch of a new product to ensure that it launches into a market that’s ready to recognize its value.
5) Shaping go-to-market strategy
When marketers are involved from the development stage of a product, they can begin to develop an optimal go-to-market strategy. Marketers can identify the right channels to ensure that the product gets to the target buyer segment, as well as begin promotional efforts early in the process.
When combined strategically, marketing and innovation share a symbiotic relationship. As Yohn puts it, “Marketing needs to be less about what happens after an innovation is ready to launch, and more about getting it to be ready in the first place.”
Businesses that recognize the value of integrating and embracing marketing organization-wide stand at a significant competitive advantage.
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by Fronetics | Aug 1, 2019 | Blog, Current Events, Supply Chain
Its disruptive data-recording and -securing technology begs the question: Could blockchain change the supply chain fundamentally and for the better?
Highlights:
- Blockchain offers the ability to record, track, and verify any transaction.
- Potential benefits include greater transparency and security.
- Supply chain operations could record, track, and share information more accurately and easily.
Ever since blockchain technology emerged, experts and industry analysts have been making various predictions for how it will impact their sectors. The supply chain, in particular, has been popularly theorized to be impacted by the technology.
It’s becoming increasingly clear that blockchain has transformative potential when it comes to the future of the supply chain. Here is a summary of what we’re seeing so far.
What is blockchain?
First conceptualized in 2008 by a programmer or group of programmers operating under the name Satoshi Nakamoto, blockchain was originally part of the implementation process of the cryptocurrency bitcoin. Essentially, it’s a distributed database — and it’s special because it keeps records of digital data or events in a way that makes them resistant to being altered or tampered with.
[bctt tweet=”Blockchain allows data to be accessible to many users, even allowing them to add to it. But the original information is immutable, and it leaves a permanent and public chain of transactions.” username=”Fronetics”]
Blockchain allows data to be accessible to many users, even allowing them to add to it. But the original information is immutable, and it leaves a permanent and public chain of transactions. SupplyChain247 uses the following helpful analogy:
If the entire blockchain were the history of banking transactions, an individual bank statement would be a single “block” in the chain. Unlike most banking systems, however, there is no single organization that controls these transactions. It can only be updated through the consensus of a majority of participants in the system.
Writing for Forbes, early-adopter researcher Dan Woods describes blockchain as “key for creating an unalterable, trusted record of certain types of transactions.”
Experts are starting to see the potential for blockchain’s use in other arenas, particularly the supply chain. The blockchain ledger “can be used to record, track, and verify trades of virtually anything that holds value,” says Jon-Amerin Vorabutra, VP of Process and Technology at Nova Molecular Technologies.
How will blockchain change the supply chain?
The ability to track any type of transaction securely and transparently is huge for supply chain applications. “Every time a product changes hands, the transaction could be documented, creating a permanent history of a product, from manufacture to sale,” writes Vorabutra. Imagine the reduction in time delays, wasted costs, and errors.
Syncsort, a company building the infrastructure necessary to support the modern data supply chain, has detailed predictions about how blockchain will impact the supply chain, reported by Woods. The company’s CTO, Dr. Tendü Yoğurtçu, identifies blockchain as falling under one of four larger “megatrends” that Syncsort is monitoring: data governance.
“We have some products that we will announce that are blockchain-ready, and data governance will continue to be the umbrella theme for us with blockchain because it’s an evolving data platform and data architecture,” says Yoğurtçu.
Experts and analysts across the industry believe that blockchain can improve the supply chain in the following ways:
- Recording the quantity and transfer of assets — like pallets, trailers, containers, etc. — as they move between supply chain nodes (Talking Logistics)
- Tracking purchase orders, change orders, receipts, shipment notifications, or other trade-related documents (SupplyChain247)
- Assigning or verifying certifications or certain properties of physical products; for example determining if a food product is organic or fair trade (Provenance)
- Linking physical goods to serial numbers, bar codes, digital tags like RFID, etc. (SupplyChain247)
- Sharing information about manufacturing process, assembly, delivery, and maintenance of products with suppliers and vendors (SupplyChain247)
The benefits of blockchain for the supply chain
Blockchain technology is ideal for supply chain management. Supply chain companies frequently struggle with lack of transparency, particularly those with complex supply chains. This makes it difficult to isolate errors. This is where blockchain comes into play.
“Because of the way transactions are recorded and tracked using blockchain technology, it makes it much easier to see everything happening in real time,” says Miranda Marquit, of Investopedia.
Additionally, blockchain will allow for increased scalability in the supply chain. Since data cannot be changed or added to, essentially any number of participants can access data from any number of touchpoints. The technology also allows for greater security, since a shared, immutable ledger keeps data from being tampered with.
Finally, blockchain can open the doors for greater innovation in the supply chain. According to Vorabutra, “Opportunities abound to create new, specialized uses for the technology as a result of the decentralized architecture.”
What ways are you predicting blockchain will change the supply chain?
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