Archive for the ‘Coupons’ Category

“Mocial” Marketing: 10 Things You Need to Know

By Steve Jarrett, Chief Executive Officer of MePlease

To help retailers seize the opportunity afforded by mobile marketing and social networking—or “mocial” marketing—we have come up with the top 10 tips that we believe need to be worked through to position your brand effectively for your new generation of customers.

1. Mobile marketing goes way beyond text. The first tip is that mobile and social media are meshing, and so should you. There is tremendous power in the integration of social networking and mobile, and we think this marketing sweet spot is the place to be.

2. Why mobile matters—stats don’t lie. A recent study showed that UK consumers send 11 million text messages per hour (MDA Report, 2009). Text usage remains dominant. Facebook’s 500 million customers follow at least one brand or company, while at the same time, nearly 50% of Twitter’s 190 million unique users do exactly the same (ExactTarget Research). A Harris Interactive poll recently showed that of consumers who received some form of permission-based text marketing from a company, 34% said the messages have made them more likely to visit the venue and 27% more likely to make a purchase.

3. In search of the holy grail. Moving from one-to-many to one-to-one communication is the holy grail of marketing.

4. Reach everyone (not just smartphone users). iPhone apps are this season’s must have. Or are they? Focusing on just mobile applications for certain devices like iPhone or Android smartphones automatically pushes you into a corner and limits a retailer’s ability to reach its target market.

5. Voucher promiscuity—how to discourage it. There’s a number of high-profile companies—such as Groupon and Vouchercloud—that are driving high-volume customer acquisition. Don’t get it wrong—new customer acquisition is good, but only if a significant number of those customers visit your business again.

6. Mocial is the new buzzword. Many people think of mobile marketing as a 160-character version of e-mail. Wrong! The very nature of mobile marketing offers retailers the opportunity to reach people at key decision-making moments of the day.

7. Make mobile social marketing cost effective. We think the trend is moving away from one-off mobile marketing campaigns (which can be costly) toward mobile marketing platforms that let any business engage with opted-in customers. Look for companies that offer you long-term value and social media integration.

8. Trust. Seek mobile and social networking partners that have strict privacy policies and will not pass on customer information or send out spam messages just to drive their own short-term revenue.

9. Set goals early. Before even approaching a mobile marketing service provider or platform, be sure to outline the key goals for your mocial strategy. Whether it is to gain more loyal customers, influence their friends, or just get more people into your shop, make your objectives clear to the provider. If they cannot tell you explicitly how they intend to help you to accomplish these goals, keep looking.

10. Don’t wait. Start now. Carpe diem! Those Romans knew a thing or two about communication…

Integrating Social Media with Mobile Marketing

By Shelly Lipton, Chief GrownUp at GrownUp Marketing

Traditional advertising channels—including print, broadcast, and online display ads—are perfect places for prompting users to text a keyword to an advertiser’s code in order to enter a sweepstakes or receive a discount coupon. This has been the foundation of mobile marketing since its infancy, but today’s savvy marketers are beginning to realize that social networking via channels like Twitter, Facebook, MySpace, and YouTube can spread the word even faster and more effectively.

Mobile marketing—interactive, real-time messages sent to consumers via their mobile devices—has taken its place as the advertising world’s “third screen” (in addition to television and computer monitors), and the promotional potential is unlimited. With mobile’s appealing “act now” incentives, consumers can do most of the legwork by sharing the information with their friends via their social media networks to enable an advertiser’s mobile campaign to go viral.

Here’s a sample scenario of how it might work: A national pizza chain launches a mobile marketing campaign to offer a “buy one, get one free” coupon. The company is already running TV spots and targeted online display ads to drive awareness and interest in the promotion. With the help of its ad agency, a message will be added to the TV spot that says, “Text TWOPIZZAS to code 74642 to receive a two-for-one coupon for a large pizza!” Consumers who see these ads will text the keyword and receive, via their cell phones, a digital coupon that can be redeemed at the local pizza store in their area.

Here’s where social media comes into the mix. If it’s a strong enough offer, a consumer will tell his or her friends on Facebook and Twitter that the local pizza place is offering a great deal. Those friends will tell their friends, and so on. They’ll all end up on the pizza place’s Facebook page, where they can find other share-worthy discount coupons.

According to a March 2010 article in Mobile Marketer, access to Facebook via mobile browsers grew 112 percent in the past year, while Twitter experienced a 347 percent jump, according to research by comScore. In the same article, comScore’s Director of Industry Analysis Andrew Lipsman was quoted as saying, “I think the key finding is that there appears to be a natural synergy between social media and the mobile platform. That we’ve seen such dramatic growth on Facebook and Twitter via mobile browsers is testament to this fact.”

It’s clear to both experts and observers that mobile marketing and social media are growing up together. Millennial Media’s S.M.A.R.T. Report for April 2010 revealed that social media represents 11 percent of all campaign actions on its network. And according to eMarketer in March 2010, 650 million people globally are using their smartphones for tasks such as e-mail and social networking.

With purchases of goods and services via mobile devices expected to reach $200 billion in 2012 (double what it is today), the linking of mobile marketing and social media is a marriage made on Madison Avenue.