by Elizabeth Hines | May 21, 2018 | Blog, Logistics, Strategy, Supply Chain, Talent
Millennial talent seeks employment opportunities with companies that promote transparency, technology, excellence, and social change.
We write often about the supply chain talent gap and how supply chain companies should be proactively recruiting millennials to join their companies. So a recent Harvard Business Review article, which talks about how companies that “young people find dull” (like electrical distributors and manufacturers) can make their businesses seem “cool,” seemed particularly relevant.
While we adamantly disagree that the supply chain isn’t cool, we do think it’s important that logistics and supply chain companies think strategically about recruiting millennial talent.
Millennial talent and the vision thing
According to a new study by strategy firm Department26, “Transparency is the millennial standard operating procedure in the workplace.” Honesty and security are top of mind for this generation that came of age just as the country plunged into The Great Recession.
Beer kegs and ping pong are nice, but millennials are more impressed with leadership that sets goals and delivers on them. They want to know how their role contributes to the organization’s success, and they want to know the effort they’re putting into a job is worth it.
“Setting them up for success means regular check-ins, both positive and constructive feedback as a rule, and structured mentorship,” write the authors of the Department26 study.
People say millennial talent doesn’t work for money, and it’s true that they’re not motivated by salary alone. Younger employees want meaningful work that enhances their personal growth.
They also want flexible work rules that show an employer respects and trusts them. Sharing details of your strategic plan or examples of how your HR policies reward personal initiative can help millennial talent see your “boring” business in a new way.
“The thought of not being granted flexibility in exchange for hitting performance metrics is absurd to millennials, and it’s a concept that’s diametrically opposed to the freedom they crave,” the study concludes.
Talk tech
Logistics or trucking can sound dull to the iPhone generation — until you paint a picture of forward momentum and innovation that might surprise them.
Automation, robotics, autonomous vehicles, blockchain, drones and the Internet of Things (IoT) are reshaping the industry. Companies like Amazon, Pfizer and Wal-Mart are experimenting with new technologies to reduce costs, boost productivity, and improve handling performance.
“Wearable technology could soon become a standard must-have in the logistics industry,” according to a recent story in The Business Journals. “As these technologies continue to carve out their role in the global logistics industry, we’re likely to see previously unimagined levels of optimization — from manufacturing to warehousing to delivery.”
Find ways to change hearts and minds by exposing young people to the realities of today’s supply chain. If they think it’s boring, it’s because they really don’t know what it is.
Be the best damn supply chain company anywhere
People want to work for “the best” — the most innovative, the most profitable, or the most admired brand — in every industry. Workers are proud to say they work for a company recognized as being the best at what it does because it says they’re the best, too.
Even millennial talent that has never thought about a career in logistics might reconsider if they’re being recruited by an industry leader.
Celebrate excellence at your company. Promote the awards you’ve won. Share customer testimonials, positive media coverage, and community recognition with prospective recruits.
It also helps to do well by doing good. This is a generation that trusts business, not government, to create positive social change. “Millennials are hungry for a work culture that inspires them. At a macro level, companies should communicate clear plans that reflect their core values,” says Department26.
HBR author Bill Taylor summarizes these sentiments well: “What [millennials] value is the chance to join companies that make a difference and where the work brings out the best in them.”
How is your company recruiting millennial talent?
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by Elizabeth Hines | May 9, 2018 | Blog, Content Marketing, Logistics, Marketing, Strategy, Supply Chain
A webinar is an excellent content medium to generate leads to or nurture those already in your sales funnel.
Maybe you’ve taken a webinar to enhance your professional skills. Did you know that webinars can be beneficial not only to the students, but also to the business providing them?
In content marketing, we consider a webinar content that your target audience will find valuable. You can leverage this value to move them through the buyer’s journey — whether it’s becoming a lead by providing their contact information in exchange for attendance, or by using the webinar strategically in the lead-nurturing process.
What content should I use in my webinar?
In a recent interview, Amy Porterfield, online marketing expert and the host of Online Marketing Made Easy Podcast, shares her ideas about what content should be part of a webinar and what webinars should sell.
Porterfield suggests that live online workshops and pre-recorded courses sell well in a webinar, whereas physical products are less effectively sold in this format. “So before you choose a webinar to sell your product or service, think about how the thing you’re selling is or isn’t like a webinar experience.”
How is a webinar different from my other content?
What separates your free content (like blogs, social media, podcasts, etc.) from paid content like a webinar?
Porterfield emphasizes that, while free content explains the “What” of your products and services, “your paid content explains the How.” She suggests that a successful webinar will “paint a picture using images and really powerful words and stories.”
Your attendees should leave the webinar feeling that they’ve learned something valuable, and that they are ready to take the next step — which should be considering your product or services. “When you begin selling in your webinar, focus on how your paid program, online product, consulting, or coaching helps attendees achieve the opportunity, transformation, or result you’ve just explained,” says Porterfield.
She also suggests bringing your target audience’s obstacles to the forefront of the conversation. “Clearly articulating the obstacles lets your audience understand them on your terms and creates a well-defined pathway for your product or service to help them overcome the obstacles. Essentially, you want to provide enough information so that your product is the next logical step.”
Have you tried creating a webinar?
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by Elizabeth Hines | May 2, 2018 | Blog, Content Marketing, Customer Service, Logistics, Marketing, Social Media, Strategy, Supply Chain
A new study shows that businesses that reply to customer reviews receive better ratings overall than those that do not respond.
I’ve written before about the rising popularity of B2B user review sites and how supply chain and logistics businesses can use them to increase organic traffic and lead-to-sale conversion rates. B2B buyers are increasingly considering user reviews when making purchasing decisions. That’s great for business — when the reviews are good.
But what if you get bad reviews?
A brand new study published in the Harvard Business Review (HBR) shows that businesses that reply to customer reviews get better ratings overall. This means that bad reviews don’t necessarily spell disaster — but they do mean that you should incorporate a response plan into your overall marketing strategy.
Replying to reviews is an important part of online reputation management — which is especially crucial in the B2B space, where companies live and die by their reputation. So how does responding to reviews improve your online reputation?
A study in why to reply to customer reviews
To examine this question, Professors Davide Proserpio and Giorgos Zervas looked at tens of thousands of hotel reviews and responses from TripAdvisor. What they found was that “when hotels start responding, they receive 12% more reviews and their ratings increase, on average, by 0.12 stars.”
While 0.12 may not seem like a lot, in the scale of TripAdvisor’s 5 star system, where ratings are rounded to the nearest half star, it has a significant impact on customers’ perceptions.
Proserpio and Zervas found that “approximately one-third of the hotels we studied increased their rounded ratings by half a star or more within six months of their first management response.”
Improved ratings are related to management response
So why is it that the hotels started to get more and better reviews when management started responding?
The researchers examined every facet of the data to rule out other factors that would undermine causality, and found that in fact “improved ratings can be directly linked to management responses,” rather than improvements made to facilities or services.
To explain it, the researchers make the analogy of eating at your favorite restaurant and your meal arrives late. You complain to your dinner companions, but when the manager checks in seconds later and asks how everything is, “for a moment, you consider complaining, but instead choose to avoid confrontation and focus on enjoying the rest of your meal.”
Essentially, by humanizing your presence on review sites, you discourage potentially awkward online interactions.
The researchers conclude, “While negative reviews are unavoidable, our work shows that managers can actively participate in shaping their firms’ online reputations. By monitoring and responding to reviews, a manager can make sure that when negative reviews come in — as they inevitably will — they can respond constructively and maybe even raise their firm’s rating along the way.”
Do you always reply to customer reviews on user review sites?
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by Elizabeth Hines | Apr 30, 2018 | Blog, Content Marketing, Current Events, Marketing, Social Media
Also in social media news April 2018: Instagram shuts down API platform, LinkedIn’s updates aimed at helping B2B marketers, and Facebook expands split ad testing.
Facebook has been busy creating updates focused on user security in the wake of the Cambridge/Analytica scandal. Since the data breach, Facebook CEO Mark Zuckerberg has committed to protecting user’s information and outlined several initiatives in the works to “prevent abuse, protect personal data and privacy, improve security, and take down fake accounts.”
One of the key takeaways from the scandal has been the lack of regulations overseeing business practices, as it applies to user data. It is safe to say that new regulations are looming in the not-so-distant future.
Google engineer Yonatan Zunger wrote in the Boston Globe, “Computer science is undergoing a ‘reckoning’ and an ‘ethics crisis’ not unlike what has happened in chemistry with dynamite, in physics with nuclear bombs, and in human biology with eugenics.” These regulations could have major impacts for advertisers, who have been capitalizing on data collected by social media platforms. Regulations that limit the tracking and retaining of user data will especially affect target advertising that relies on capturing data from target audience users.
Fronetics is staying on top of these changes and will continue to provide social media recommendations and updates on regulations.
Here’s your social media news for April 2018.
Facebook Changes Include More Transparency Around Ads and Pages
Facebook is working to make important changes that are aimed at increasing transparency and authenticity. “By increasing transparency around ads and Pages on Facebook, we can increase accountability for advertisers — improving our service for everyone,” says Rob Goldman, VP, Ads, and Alex Himel, VP, Local & Pages, in a statement on Facebook’s website.
Last October the social media giant rolled out restrictions on electoral ads on Facebook and Instagram. This April, Facebook is expanding those restrictions to all “issue ads” — for example, political topics — so only authorized advertisers that have been approved by Facebook can run issue ads. These changes are aimed at preventing any additional user data and privacy issues.
Facebook is also enforcing a verification process for all admins managing pages with large numbers of followers. “Those who manage large Pages that do not clear the process will no longer be able to post. This will make it much harder for people to administer a Page using a fake account, which is strictly against our policies.”
YouTube Introduces TrueView Ads
YouTube’s new ad format, TrueView for Reach, is its latest update aimed at boosting engagement for advertisers. The format allows advertisers the ability to build ads from 6 to 30 seconds long, with the skip option available after 5 seconds. “Our six-second bumper ads were designed to drive more reach among the audiences you care about, especially as they become increasingly on-the-go. They showcase not only the fun of storytelling in six seconds, but also the benefits of adapting to consumer behavior,” posts Ali Miller, Product Manager, Video Ads, and Khushbu Rathi, Product Manager, Video Ad for YouTube.
Facebook Improves and Expands Ad Split Testing Capabilities
Last October Facebook gave advertisers the ability to create split tests in Ads Manager’s Guided Creation workflow. The new update this month allows users to create tests in Quick Creation flow, making it even easier to manage ads in bulk and test ads against one another. Quick Creation will also feature a dashboard that shows “standard KPIs for the ads in your split test, such as CPM, CPC, CTR and more, to inform your marketing strategy.”
Instagram Cuts Off Older API Platform
In light of Facebook’s data security issues, Instagram announced it is shutting down the API platform, effective immediately. They have also greatly reduced the amount of data developers can access per hour, dropping from 5,000 calls per hour to only 200. Tech Crunch reports Facebook’s bold action to reform its APIs shows it’s willing to prioritize users above developers — at least once pushed by public backlash and internal strife.
LinkedIn Rolls Out Native Video for Sponsored Content and Company Pages
LinkedIn introduced autoplaying native video ads that will appear in the news feed section as stand-alone posts, as well as the ability to include native video on a company page for businesses and publishers. These changes were developed to help B2B marketers grab the attention of their audiences and increase engagement. “While video is a proven and popular tactic to engage decision-makers, the challenge has been finding a quality environment in which to reach them.” The update will be available to all businesses in the next few weeks.
Twitter Expands its Official Partners Program
Back in 2015, Twitter introduced its Official Partner Program, a select set of companies aimed at helping brands increase their ROI on advertising, brand awareness, and scaling customer care. The program has been so successful, Twitter announced it’s expanding the program to include six new partners: Curalate, Jebbit, VidMob, Vidsy, Animoto, and Social Native. “Each provider offers a unique solution that expands the advertisers’ toolset and delivers high-quality creative for brands on Twitter.”
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by Elizabeth Hines | Apr 2, 2018 | Blog, Content Marketing, Logistics, Marketing, Social Media, Supply Chain
If you’re looking to increase your brand awareness, and quickly, here are 10 tricks to accelerate your efforts.
If you took Psychology 101 in school (or even if you didn’t), you know that people are more likely to buy from brand names they’re familiar with than those they don’t know. This goes for purchasing things like medicine, and for procuring components or parts as part of the supply chain.
That’s why so many of our clients come to us looking to build brand awareness as one of their main goals. They want to customers to know about them — and sooner rather than later.
Particularly if your business is new, you’re trying to change an existing market perception, or you have to make your marketing dollars work fast to meet a boss’ deadline, you need to grow brand awareness quickly. We’ve got some ideas to accelerate your efforts.
10 tricks to grow brand awareness quickly
1) Instagram Stories
Instagram Stories is an on-trend platform that delivers targeted content to B2B buyers and builds brand awareness with potential customers. This feature consists of sequences of content that a user posts over a 24-hour period. Besides photos, Stories can include video and Boomerangs, seconds-long motion clips that play forwards and backwards.
2) Partner with other brands
Creating a promotional partnership with a brand that is ancillary to your role in the supply chain can be a huge boost to your brand awareness, if you choose wisely in your partnership. You benefit from its image and reputation and build collegiality.
3) Start content partnerships
Again, this is all about leveraging other people’s audiences to spread the word about your brand. Reach out to the blogs or media sites your target buyers frequent to see if you can author a post for them. Invite them to guest author on your blog. Basically, create two-way content partnerships where you will ensure that your brand’s name will come across the screens of target buyers.
4) Make sharing easy
This is a great way to let your successes go to work for you. Make it easy for your audience and followers to share your content with their networks. Give them sharing options for email, social media — heck, put share links on anything and everything. Social media is a powerful tool in building your brand. Don’t underuse it.
5) Hold social media contests
Everybody loves to win a contest. Use your social media platforms to create contests in which followers submit a photo or video, and let other users vote for their favorites. Contestants will share the link with their networks, and your brand awareness grows exponentially.
6) Try paid social advertising
Facebook and Twitter ads are relatively cheap, and both platforms do a great job of making sure your content gets to your target audience. You can set metrics and customize your preferences for a targeted audience in a variety of ways. It’s one of the most effective ways to grow brand awareness quickly with a very particular audience, though you have to pay to play.
7) Infographics
These are eye-catching and colorful ways to display interesting data and statistics, and are often overlooked for the content powerhouses they are. They’re prime candidates to be shared far and wide on social media.
8) Personality
Having a memorable personality for your brand isn’t just for B2C companies. While you don’t need to hire the Old Spice Guy, letting your content have a voice and perspective is important. Buyers want to know they’re dealing with a human being.
9) Podcasts
Starting your own industry podcast, perhaps interviewing your own executives and other industry experts, is a great way to build your brand and simultaneously develop relationships with your supply chain peers.
10) Become a resource
We’ve said it before and we’ll say it again: Your most important asset is your knowledge and expertise, not your products and services. Content marketing is all about being a trusted resource for your audience. Ditch the blatant sales pitch in your content and think about how you can help your target buyers instead.
How do you grow brand awareness quickly?
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