by Fronetics | May 17, 2018 | Blog, Content Marketing, Data/Analytics, Logistics, Marketing, Social Media, Supply Chain
These metrics to benchmark marketing performance will give you insight into how your brand stacks up against your competition.
A few months ago, the winter Olympics were in full swing, and Mikayla Shiffrin became the youngest slalom champion in Olympic alpine skiing history. Shiffrin achieved this incredible record, not only working to beat her best personal performance, but also that of her biggest competitors. After all, you don’t become a two-time Olympic gold medalist without the knowledge — and drive — to beat out the world’s best athletes.
You have to know how your competitors are performing to be the very best at what you do. That goes for Olympic athletes and supply chain companies alike.
We call this benchmarking performance. For we marketers, it’s important, albeit difficult, to find metrics to benchmark marketing performance. We tend to turn inward to focus on key performance indicators (KPIs), like website traffic, social engagement and conversion rates. But it’s time to start looking outward, as well.
[bctt tweet=”Competitive benchmarking gives brands the ability to benchmark their marketing performance against that of their competitors, giving you the knowledge and drive you need to improve your performance and chance of success.” username=”Fronetics”]
Competitive benchmarking gives brands the ability to compare themselves against a number of competitors using a set collection of metrics. These metrics allow you to benchmark marketing performance against that of your competitors. This will give you the knowledge and drive you need to improve your performance and chance of success.
Here are four metrics to benchmark marketing performance against your competitors.
4 metrics to benchmark marketing performance against your competitors
1. Content
Benchmarking your content allows you to compare the differences and similarities between you and your competitors’ types and relevancy of content. Are they focusing on video content or blog posts? Are they creating infographics? How often are they posting content?
2. Social activity
Knowing what social media platforms your competitors are using is critical in today’s digital marketing world. Are they having success on a specific platform? Are you using the same platforms? And how often are they posting on social media? How do you compare? Knowing when and where to post on social media can help get you in front of your target audience.
3. Social engagement
You’re posting and tweeting, but are audiences interacting with your content? Benchmarking your social engagement against your competitors lets you see if and how audiences are interacting with your posts and videos. How many likes and shares are you receiving? And how many are you competitors?
4. Keywords and topics
We talk a lot about the importance of keywords and topics. After all, that’s how audiences are searching for — and finding! — your brand and your competitors. Using online tools like SERPS, you can easily determine how you and your competitors rank for specific keywords and topics.
Analyze and adjust
Use these metrics to benchmark marketing performance. Once you have collected data, you can start analyzing your results. How does your marketing strategy stack up against your competitors and industry leaders?
Benchmarking allows you to see strategic opportunities — what you’re doing well and what you need to improve. You’ll gain valuable insight into what your competitors are doing better than you. Use this knowledge to improve your strategy. After all, action is key!
Which metrics to benchmark marketing performance do you use?
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by Jennifer Hart Yim | Feb 28, 2018 | Blog, Leadership, Logistics, Marketing, Social Media, Supply Chain
For busy executives, being active on social media is kind of like networking. It’s one of those things that everyone says you absolutely have to do to benefit your career, but it’s hard to make it part of your daily routine.
This guest post comes to us from Argentus Supply Chain Recruiting, a boutique recruitment firm specializing in Supply Chain Management and Procurement.
Let’s be honest: it’s even harder for those who came of age before social media became ubiquitous. It can be tough to pin down what channels you should be on, what you should be posting, and the specific ways that a strong social media presence will bolster your career.
Supply Chain Management and its related functions (Procurement, Planning, Vendor Management, Logistics, Operations) are on the opposite end of the spectrum from functions like sales and marketing – areas where your brand is everything.
But from our perspective, there are still lots of different benefits that Supply Chain and Procurement executives can gain from building their social media brands:
- The most obvious – and relevant to a recruitment company like Argentus – is that having a strong presence on social media makes you a more attractive candidate for employers and recruiters.
- Social media activity can help position you as a thought leader in your industry, which can help connect you with new possible suppliers and strategic partners that you can bring into your Supply Chain. This is just as valuable as leads that a Sales professional might gain from being active on social media.
- Being a thought leader raises your profile in a job search, but it can also raise your profile within your company. If you feel stuck or siloed in a certain function, it can give you the opportunity to speak out about other topics within Supply Chain and Procurement. It can lead to increased responsibility and more leverage when it comes to promotions and salary increases.
- If you’re an executive (let’s say Senior Director, VP, and C-Suite), you’re a voice for your company. You can help raise the company’s profile as an employer. This is huge for attracting talent – which is a major difficulty for companies in this tight job market that favours candidates.
With all that in mind, how do you actually gain these benefits? Here are a few tips:
1. Think about goals.
How many of us have heard, “you should really get active on social, it can help your brand,” then signed up for a service, half-heartedly used it for a week and a half, and quit?
It’s important to be strategic about why you’re using social media to help further your career and brand. Are you looking to move into a new job? Are you aiming to connect with possible suppliers and partners? Are you trying to help your company seem like an awesome place to work? Are you going to offer thought leadership to be seen as an expert in the industry and widen your horizon?
When you’ve set concrete goals, it’s much easier to figure out which social media activity is going to be most effective when building your brand.
2. Streamline your channels.
This follows on the previous point. It’s easy to adopt a shotgun approach and sign up for – or resuscitate – your accounts on Twitter, LinkedIn, Facebook, Instagram, YouTube, and all the rest. But it’s best to pick one or at most two channels based on your goals. LinkedIn is always a good pick for networking and personal branding – check out what we’ve done with LinkedIn Publisher. It’s also, obviously, the best tool if you’re in the hunt for a new job and want to network with peers, recruiters and hiring managers.
Twitter is the still the best channel for industry news, whether you’re commenting on it or having conversations about it. Facebook and Instagram are more personal networks, so have less value for your professional career, but if you’re already comfortable on those platforms they can be useful places to be active. Some fields like Procurement have dedicated social media networks (we happen to really like Procurious), which will help you connect with people in the field and share best practices.
One other thing to consider is video. It’s more time – and possibly cost – intensive, but many executives have used YouTube, Vimeo or LinkedIn native video to speak about industry topics and build their personal brands. You might have to develop your video skills (modern smartphones can take videos with more than acceptable quality) or even hire outside video producers, but video has great engagement, so it can be well worth it.
3. Brand yourself.
Once you’ve chosen your channel or channels, you want to focus on creating a professional brand that resonates. This can sound intimidating, but often it just amounts to putting that little extra bit of “polish” into your social media profiles. Upload high quality pictures, include examples of your work or presentations that you’ve done. Think about your niche and the expertise you have to contribute.
4. Develop content.
The next step is to post on your chosen channels regularly. If you’re on LinkedIn or Twitter, seek out connections and follow people and publications that are active in Supply Chain and Procurement.
Picture your social media feed as a place to develop content that might be interesting to other professionals in the field. This is something that a lot of people struggle with, but it’s not too difficult once you get the hang of it. The best way to start is to re-post interesting articles with a comment. Say you’ve seen a great article about technology in Supply Planning: share it, and comment on how your organization does it. After you’ve developed a rhythm, make a quick post asking your network for best practices. Solicit advice. Shine a spotlight on people in your network or company. Make a comment on Supply Chain trends. What’s a big story in the news that has implications for how organizations manage Supply Chain or Procurement? There are so many angles, and once you get active you start seeing more. Writing out your opinions about, say, Strategic Sourcing, might actually help you discover new ideas you didn’t have before.
5. Focus on engagement rather than just numbers.
The return on investment for time spent developing a personal brand isn’t always obvious. Things to pay attention to are new followers, connection requests, or mentions. But numbers aren’t everything. Take it from us: if you’re a consistent voice on your chosen channels, people are often paying attention even if they aren’t “liking” every post. Lots of people are surprised when someone brings up their posts in conversation months later – even if that person has never given any online indication that they’re reading. The key is to focus on quality of engagement rather than quantity of views or other metrics.
Even though it’s quite a buzzword, a strong personal brand is a major asset to any executive or aspiring executive. It doesn’t have to be a chore. It can actually become an illuminating part of your work routine, and it pays off. We hope these tips are useful even if you’ve been active on social media in a professional capacity before!
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by Fronetics | Nov 20, 2017 | Blog, Content Marketing, Marketing, Social Media
Measuring brand awareness has been notoriously difficult. But these 4 metrics can help you evaluate if potential customers are encountering your content.
Companies work hard to get their products and services out into the world. It’s a key step in gaining exposure among potential customers and earning new business. This process is called brand awareness, the extent to which consumers are familiar with your brand.
Heightening the public’s knowledge of your business will generate leads, some of which will turn into sales. But this knowledge, or brand awareness, has proven difficult to measure. Do potential customers know your name, what you sell, and where to contact you? Creating ways to measure how recognizable your business is will show you what people think of your company, as well as where you should be focusing your time and money to help grow your exposure.
Here are 4 metrics to measure your brand awareness.
1. Social media reach
The larger your social media reach, the larger the potential audience. The reach of your social media content has a big impact on your brand awareness. Tracking engagements on each network will help you measure progress, build a greater following, and, ultimately, generate more site visits.
Use tools like Sharedcount, a free online tool that tracks the number of times a piece of content has been shared on the most popular social media sites — including Facebook, Twitter and LinkedIn — to easily keep track of your social reach.
2. Blog shares
Your blog content is the perfect fodder for organic brand awareness, especially if sharing your posts is easy. Create a share bar on your blog to allow your readers to quickly share your content through social media networks. Measure your number of shares to track your most popular blogs, monitor your growing brand awareness, and help guide the topics of your future blog posts.
3. Brand mentions
Are customers talking about your brand online? There’s a great deal of value in knowing what they’re saying. Monitoring brand mentions online can provide honest feedback and objective insight from current and potential customers.
There are several tools to help you track brand mentions online. Here at Fronetics, we prefer the ease of Google Alerts, which allows you to set up custom alerts when your brand is mentioned online. We also use Hootsuite, where you can track brand mentions, as well as keywords and phrases across all of your social media platforms.
4. Website traffic
Every visit to your website represents someone who is familiar with your brand. The question is: How are people finding your website? Think of web traffic in terms of sources:
- Organic traffic – users come across your website from search engines
- Direct traffic – users type in the name of your website or brand directly
- Referral traffic – users find your website from links on other websites
- Social traffic – users come across your website from social media content
- Paid search/social – users click on one of your paid digital ads, which drives them to your site
- Email traffic – users click through one of your marketing emails
You’ll want a healthy balance of each source to ensure your brand awareness campaign is diversified. Measure each of these metrics using a platform like Google Analytics or HubSpot. As each grows, you’ll know your brand awareness is growing alongside.
Use these 4 metrics to measure your brand awareness and track your progress as you work to grow your exposure. See where you’re having the most success and where you need improvement, and adjust your strategy accordingly.
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by Fronetics | Nov 8, 2017 | Blog, Data/Analytics
Marcus Tober, Searchmetrics founder, suggests three key ways to make your content more relevant and to improve your SEO visibility.
We talk a lot about the importance of content, like here and here. Content is everywhere, and companies are working hard to continually produce new content. But not all content is created equal.
Searchmetrics founder Marcus Tober discusses how data is changing the relevancy of content in his conference talk, Mastering the World of Deep Learning: How Big Data Is Making Content More Relevant in Search. As a pioneer in search-analytics software, Tober has watched search engines become more advanced at figuring out which web pages people will find relevant. Through years of research, Tober offers three lessons to make your content more relevant.
3 ways to make your content more relevant
Develop your content niche.
“Experts are not called upon because they are the smartest person in every room; they are called upon because they are the smartest person in a specific room.” John Gordon
Find your area of expertise, or niche, in your market and focus your content around this topic. Instead of writing broadly about various subjects relevant to your industry, your writers should tackle tough questions and introduce cutting-edge thought leadership in one key area that defines your company’s strength.
Marcus says, “This means that if you specialize in something and make it really good because you understand the user, you can have great search performance” compared with a huge site that produces content about everything.
Through this valuable and focused content, your company will stand out as a leader in your industry. Audiences will know how to categorize you, which sounds like a bad thing, but isn’t. When they have a specific question, they know to turn to you as a specific expert.
Get rid of ROT.
ROT (redundant, outdated, and trivial content) can sink your website. “Think about your house. We’re all a bit messy and a bit lazy. Likewise, I can imagine that you have a lot of content that maybe you should get rid of or should merge with something else you have,” says Tober.
Many companies keep older ROT content because of the volume of posts they want under their belts. Tober worked with a German company, Pflege.de (similar to care.com), which was afraid of cleaning out its ROT because of the internal links and the possibility of older posts still bringing in traffic.
On Tober’s recommendation, Pflege purged ROT and lost 95% of its content. 95%! The content the company was left with was more relevant and ranked higher with search engines. Pflege’s SEO visibility grew 240% within a few short months.
Update remaining content to address user intentions.
It’s not enough to just get rid of ROT. You also need to keep an eye on older content and make sure you continue to update as needed. “You have to make what’s left really good,” Marcus says.
What is meant by content that is “really good?” He means content that addresses people’s intentions – content that meets the information needs underlying the keywords and phrases they use.
Big data can help brands track their older content and make changes to address audience questions and relevancy. Tober’s company, Searchmetrics, is an example of a data service that helps companies take an in-depth look at older content and how it addresses user intentions. When brands update content to address specific wants and needs, it can boost online visibility and reveal new potential for older posts.
Improving your company’s SEO visibility can be easier to achieve than you think. Using these three steps, you can get ahead of search engines and place your brand in front of untapped audiences.
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by Fronetics | Jul 11, 2016 | Blog, Content Marketing, Logistics, Marketing, Social Media, Supply Chain
This is part two of a three-part series on Twitter for B2B. See part one, Twitter for B2B, and part three, How to Use Twitter Analytics.
If you’re not sure what else to tweet, try these 20 ideas.
Twitter is an excellent platform for sharing news and reaching your customers, but it sure can be a lot of work. Our recent social experiment showed us that engagement is highest for Fronetics when we tweet around 40 times a day. That takes a lot of time and energy — not to mention, a lot of content.
You, too, may find yourself frequently strapped for quality tweeting material. We’ve got some ideas to not only fill your feed but to keep your followers interested and engaged.
A few things to remember
Keep in mind the 4-1-1 rule, an idea popularized by Content Marketing Institute founder Joe Pulizzi and Tippingpoint Labs: “For every one self-serving tweet, you should re-tweet one relevant tweet and, most importantly, share four pieces of relevant content written by others.” This prevents your Twitter account from seeming too self-promoting, which quickly will turn off followers, and it reinforces your business’ position as a helpful source of information and knowledge.
Remember, also, that you don’t have to tweet just text. You can also share photos, videos, Slideshares, and links. Mix it up to keep things interesting.
With that said, here are 20 ideas to get you tweeting.
Tweet this
1) Release news.
Twitter has become the new newswire, where stories break and people turn for to-the-minute information. It’s a great place to offer updates about product releases, changes in service, or other company announcements. But also you can share news that might affect your followers or your supply chain: severe weather, acts of terror, or economic or political events.
2) Share company or industry data.
We’ve written before about the potential for data-as-content. Tweeting stats, data, and other numbers relevant to your audience is a great way to get started. You can type out the information in less than 140 characters or create a quick infographic or image.
3) Mine Reddit.
Reddit is an endless source for content of any kind. Create a multireddit with industry-specific subreddits so you can quickly browse what’s trending to share with your audience.
4) Recycle an old blog post.
Be it a week or a few years later, there’s no shame in reposting content after some time has gone by. Maybe it’s relevant to current events. Maybe it got overshadowed by another breaking story or event when it was originally posted. Maybe it did really well the first time, and it’s still relevant. Regardless, tweeting about an old post can drive new traffic to some of your best content. You can always frame it as “ICYMI” (in case you missed it) or a “Best of” post.
5) Praise your suppliers.
Sharing a positive experience with a business partner is great exposure for the partner and good karma for you. It also shows your audience that your behind-the-scenes operations are running smoothly, which reinforces confidence in your products or services.
6) Share a meme.
An internet meme is a humorous piece of media (most often a photo) shared online from user to user. Show your brand’s personality by posting one that will make your followers smile.
7) Thank inspiring speakers from an industry conference.
Did someone give a particularly interesting presentation? Tag them and thank them. Maybe they’ll follow you or retweet you, giving you lots of exposure.
8) Throw it back.
Post an old photo or an old tweet on a Thursday to participate in Throwback Thursday (#TBT). “Old” doesn’t have to mean decades ago, by the way. People frequently use content from earlier in the year — even earlier in the week.
9) Reveal your favorite follow.
Do you really enjoy news or content from another user? Share that person’s Twitter handle with a quick explanation of the kind of tweets followers can expect. You’re offering valuable information to your audience — and you’ll get excellent exposure for your business if the user has a large following and engages with your tweet by liking or retweeting it.
10) Celebrate holidays.
Wish your followers happy and safe holidays, and show photos of your employees celebrating special events. Remember holidays aren’t limited to major religious or patriotic days of observance. International Women’s Day, Bring Your Child to Work Day, and National Ice Cream Month can inspire content. Days of the Year is a great resource for little-known holidays. Did you know that July 11 is International Town Criers Day?
11) Comment on trending topics.
See what people in your network are talking about. The Trends column on the left of the homepage shows popular topics of conversation tailored to you based on your followers and accounts you follow. If a trending topic involves something you have experience with, offer insight and information to help position your company as a thought leader in the industry.
12) Retweet your executives.
Get exposure for your management team or other content spokespeople in your company by retweeting them.
13) Quote someone famous.
Everyone can relate to inspirational quotes. Tweet your favorites or create graphics to share. Or, follow leaders and thinkers you admire and retweet particularly poignant thoughts.
14) Praise an industry leader.
Tag someone to tell them that you liked their book, article, or post. Congratulate newly appointed executives of competitors and business partners. Recognize someone for a courageous business decision, successful quarter, or outstanding support of a charitable organization.
15) Hold a contest.
Build excitement about a product by asking followers to post photos of creative alternative uses with the hashtag #HowNotToUse. Have them share their best recipes using your wholesale food products. Or ask for submissions to name your newest cargo ship. (Boaty McBoatface?) Whether you give a prize or not, people are competitive by nature and will enjoy participating.
16) Answer an FAQ.
Ask your customer service team for a list of customers’ most frequently asked questions and regularly tweet out answers.
17) Ask a question.
Whether “What do you think of our new product?” or “Do you have plans for the long weekend?” there’s no better way to get a response than to ask a question.
18) Conduct a poll.
If you’re looking for a specific answer, use the poll button to see what your followers are thinking. It can be related to your business or just for fun. Try both and see where you get the most engagement!
19) Share photos of company events.
Days of service, employee milestone celebrations, executive retreats: photos help followers attach faces to your business name. It also gives them a behind-the-scenes look at company culture and builds a positive image of your employer brand.
20) Retweet what your network is sharing.
Share helpful, informative, or entertaining content from the users you follow. You not only offer value to your followers, you also let the user know you like their content and prompt them to do the same for you.
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