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Category: Marketing (Page 6 of 25)

Looking at the Opposite Side of Statistics

Digital Buzz Blog is one of my favorite reads.  And they recently posted some stats which I believe came from Media Bistro.  Now, after you read the stats below, I’m going to give them to you in the exact opposite way.  Tell me if any of the story seems any different.

Version 1:

It was a huge year for Social Media and here is a great infographic that rounds up the key Social Media Statistics to kickoff 2012. It’s pretty impressive to see that Facebook has grown to more than 800 million active users, adding more than 200 million in a single year. Twitter now has 100 million active users and LinkedIn has over 64 million users in North America alone.

A few interesting take outs for social media statistics in 2012:

Facebook Statistics 2012:

  • An average Facebook user has 130 friends and likes 80 pages
  • 56% of consumer say that they are more likely recommend a brand after becoming a fan
  • Each week on Facebook more than 3.5 billion pieces of content are shared

Twitter Statistics 2012:

  • 34% of marketers have generated leads using Twitter
  • 55% of Twitter users access the platform via their mobile

General Social Media Statistics 2012:

  • 30% of B2B marketers are spending million of dollars each year on social media marketing
  • Nearly 30% of these users are not tracking the impact of this marketing
  • 20% of Google searches each day have never been searched for before
  • Out of the 6 billion people on the planet 4.8 billion have a mobile and only 4.2 billion own a toothbrush
Version 2: Just for a Devil’s Argument Sake

Facebook Statistics 2012:

  • An average Facebook user is only connected to 130 of the people in their rolodex, address book, company phone tree and email database, and are only fans of 80 of the brands which they purchase or evaluate
  • 44% of consumers say that they are NOT more likely recommend a brand after becoming a Facebook fan
  • There are roughly 800 Million Facebook users, and each week on Facebook more than 3.5 billion pieces of content are shared, meaning the average person shares just 4 pieces of content per week.  With 1 out of every 7 online minutes spent on Facebook, lots of people are lurking but not sharing. 

Twitter Statistics 2012:

  • 66% of marketers have NOT generated leads using Twitter
  • Almost half  (45%) of Twitter users cannot access the platform via their mobile, and are limited to using it on their personal computer.

General Social Media Statistics 2012:

  • 70% of B2B marketers are spending LESS THAN a million dollars each year on social media marketing
  • 80% of Google searches each day are repeat searches

Guest Post: GoDaddy Domains Threatened Because of SOPA Support

Michael Neu posted this article on our company blog.  I think it’s a good summary and am re-posting it here.

>>

Techcrunch posted an article today called “Cheezburger’s Ben Huh: If GoDaddy Supports SOPA, We’re Taking Our 1000+ Domains Elsewhere”. The story is in reference to GoDaddy’s support of SOPA the (Stop-Online-Piracy-Act). Although the bill sounds like a good thing many people are worried that the bill goes WAY too far. If SOPA passes it would makes it really easy for copyright holders to censor content and shut sites down that they think are offensive. The censorship issues go far beyond that as well.

Ben Huh, The CEO of The Cheezburger Network, has decided to pull his names from GoDaddy because of their support of the bill. Many other big media companies support the passing of the bill as well.

This is very hot topic right now #SOPA and many sites have spoken out against the bill including Google, Yahoo and others.


I completely agree with Ben’s stance and think he is giving GoDaddy a chance to make it right before he moves his domains. However, as the article stated it GoDaddy is used to taking some heat, and it will probably take a lot more for them to change. There seems to be a push to transfer domains away from GoDaddy because of their support of this bill so we will how GoDaddy reacts if that trends gains any more momentum.

People need to familiarize themselves with what is happening with the SOPA bill, and how poorly it was written. It truly is a “wolf in sheep’s clothing” and needs to be stopped before it passes by a completely technologically uneducated group of political representatives.

I strongly urge you to familiarize yourself with what is going on and take action like Ben did.

What are you doing to stop this bill from passing?

It Was a Different Time Back Then

We’ve all seen Mad Men. Well this is the kind of video you get when your Creative department is drinking scotch and hitting on secretaries all day. Take a drink every time you see something sexist and/or something that would get a Marketing Director fired today.

So What is the Next Xbox/Sounders Sponsorship Worth?

It’s hard to think back to 2008, back before the Seattle Sounders officially existed in anything more than everyone’s imagination.

The Sounders were to become the 16th team in a league with a couple of marquee names in David Beckham and Landon Donovan. LA, DC and Toronto were the only teams to draw more than 18k fans a game.

So when the Sounders announced that Xbox was going to commit $20 Million bucks to the team and the league, it really seemed like – and was – a large sum of money to risk.

But now as we look at the end of the 3rd year of the deal, it’s the Sounders who can’t wait for the contract to expire. Unfortunately for them, they still have 2 more years of the deal. When you look back, the Xbox media team made a heck of a deal.

At $20 Million over 5 years, you are looking at a deal that is only $4 million a year. For that 4 million Xbox got rights to the front of the jerseys, signage in all MLS stadiums, naming rights to Xbox Pitch at Qwest (then Century Link) Field, and TV spots on all broadcasts.

Let’s look at some of the other deals in the MLS (sourced from The Brotherly Game):

  • Red Bulls: Red Bull @ $50 Million total, including stadium naming rights. But they also own the team.
  • Real Salt Lake: Xango @ $5MM per year.
  • Galaxy: Herbalife @ $3.5 – $5MM per year.
  • DC United: Volkswagen @ $3MM per year. (A few other deals are in this range, like Philly/Bimbo, San Jose / Amway.)
  • So if we assume the national value to the Sounders sponsor is roughly the same as the value any other team’s sponsor receives, the delta is in the value at home. So lets say maybe 1/2 – 2/3 the value is in national exposure, and 1/3 – 1/2 is in local. If that’s the case, then the national value is about $2 million for each team.

    So in those terms, the local value of DC United’s sponsorship would be about $1 Million per year. For Salt Lake, it’s $3 Million per year. Now the 38,500 fans per game in Seattle just about doubles everyone but the #2 LA Galaxy at 23,000 per game. So if the Sounders drive 2x more fans than Salt Lake, and 2x the TV impressions, you’d have to estimate the local value is at least $6 Million per year (2x Salt Lake).

    There are probably more scientific ways to figure this out, but we don’t have access to impression volumes, jersey sales and hard stats. And we haven’t included the premium that Xbox pays for being the local guys recruiting employees, and the international value of having the team play across Central America and Mexico, or the fact that they’ve gotten a smoking deal the last 3 years.

    So let’s ballpark a number of $9 Million per year to start the new deal in 2014. ($2 Million National Value, $6 Million Local value, $1 Million Premium.) How does that look?

    Do You Do Anything to Drive Customers Away?

    Quite often in marketing, we focus on the “Acquisition” aspect of the formula. How do we make someone aware of what we’re selling and then get them to buy it? And usually, the marketing team will get laser focused about the campaigns they are running, evaluating whether those campaigns are being successful.

    But only the savvy marketer will audit the entire company. Is there anything else going on in any other division, where customers are literally being driven away?

    Let’s take a personal example. Years and years ago I bought an Acura from Acura of Seattle. No, out of good marketing, personal laziness or just because I don’t know any better, whenever I need something fixed, or just to buy a certain part, I call Acura of Seattle. The number is even in my Contacts List. (Well, it was. Not anymore. Thanks Apple. Different story.)

    So I need a simple part, so I call the guys down at Acura of Seattle. They don’t have the part, but it can be there in a few days. No big deal. Inconvenient, but not inconvenient enough for me to go looking somewhere else. But then comes the kicker.

    Acura of Seattle: “We’ll need you to come down and pay for it in person, then we can have it sent to you.”
    Andy: “I’ll just give you my credit card over the phone.”
    Acura of Seattle: “Can’t do that. Need you to drive down to Tukwila and pay in person, then we’ll ship you the part.”
    Andy (Staring at phone): “Or I can call Acura of Bellevue.”

    And so I call Acura of Bellevue. They need to order the part as well, but tell me to just come in tomorrow and it’ll be there for me. Done deal.

    So when it comes time for me to buy a new car, it really doesn’t matter what kind of clever marketing campaign Acura of Seattle throws at me. Facebook, Twitter, Direct Mail, it really doesn’t matter. All I’ll really remember is that Acura of Seattle wanted me to drive to Tukwila for no reason and Acura of Bellevue was helpful.

    Moral for the marketers: Find out if other parts of the company are crushing your campaigns…

    Two Fun New Projects Enter Alpha

    As we enter Q4, the team over at Social3i is happy to release two new products into a private alpha stage.

    Relaborate is a tool for helping professionals with Blogging. We’ll debut publicly at NWEN’s First Look Forum.
    Animakast is a project we’re doing with our friends at FlyingSpot. It’s the simplest, easiest and cheapest way to turn new or existing audio content into compelling animated video.

    We love the prospects of both these little start-ups. Let me know if you would like to join our private alpha program for either.

    Looking Forward to NWEN’s First Look Forum

    I’ve been a fan of the Northwest Entrepreneur Network’s First Look Forum for a few years now – and not just because I’m on the NWEN Board. The Seattle entrepreneur community has a lot to offer, and while you probably aren’t going to see the next Google or Amazon pop out of it, First Look Forum could be a spot to watch for your next Gist or Tippr.

    Now, I’ve been in and around a number of startups over the years, including partner roles (Spring Creek Group, Social3i) and marketing consulting roles (Imagekind, GotVoice, Savester, Movaya, Golazo, Lilipip). I’ve also worked on wild and fun side projects with no revenue model to speak of (MyElectionChoices) and non-profit philanthropic efforts with even less of a revenue model (EvigSeattle). On every company, there’s a little something to learn.

    But this is the first year I worked on a team taking a startup through the First Look Forum process. For the last 6 months at Social3i, we’ve been building and testing a number of social media related products, and are now in the alpha stage of two separate ones. One of them will make it’s debut to the NWEN investment community on Oct. 18, thanks to FLF. (The other you’ll have to keep an eye out for – it’s coming soon.)

    So what’s the point of this post? Well, First Look Forum has been a great experience for us, serving as a forcing function to hit deadlines and milestones. Plus, throughout the process, we’ve been able to meet with investors and entrepreneurs who’ve provided excellent feedback on a wide array of topics relevant to launching a new product. Being on one side of the First Look Forum process for a few years had given me one perspective. But now being on the receiving end of the help, I really think FLF should be on the top of the list for anyone thinking about launching a new venture.

    Anyway, if you’re an investor or angel, go beg Daniel and Caitlin to let you have a ticket to the event in October. If you’re a would-be entrepreneur in corporate clothing, get your team together and make a run at FLF in Spring 2012. It’s definitely worth the time you’ll put into it.

    McDonald’s “I Spy” Interactive Video Campaign

    Another nice find by DigitalBuzzBlog.

    This McDonald’s campaign asks you to watch a :50 YouTube video and look for a certain character hiding in the scene. If you click on the character, you move on to the next level.

    It’s actually a little hard at first, so don’t lose your patience the first time to get to the end without spotting Grimace. It’s a neat gimmick for a campaign, and definitely something you could replicate if you have the creativity and motivation.

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