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WTR – What The ruckus on Instagram

Trying to figure out whether your brand should be on Instagram? Curious about who’s doing it well and what it takes to have a successful Instagram account?

We’re back at it with our second instalment of the WTR (what the ruckus) series featuring this handy guide to Instagram. If you’ve wondered whether your brand should have an Instagram account or what level of effort it takes to run one – look no further. We’ve got stats, who’s doing it well and of course, our recommendation on whether Instagram is right for you.

Check it out

Posted by
Gary Edgar
on 20/01/2015

Has Google finally found their niche in social networking

It’s no secret that Google has spent the last few years trying to position its network, Google+, as the preferred social platform. With their new +PostAd product, have they finally found their way in?

It’s no secret that Google has spent the last few years trying to position its network, Google+, as the preferred social platform. Despite their pushing, it’s safe to say they haven’t quite hit the mark on that goal.

It looks like they went back to one of their strongholds: online marketing, which they revolutionized with Google Adwords. In December 2013, Google announced they will be offering brands a new way to engage their audiences on their brand pages with +Post Ads. In a nutshell, companies will be able to use already-produced content posted on their brand page as advertisements on the Google Display Network (includes approximately 2 million sites).

Toyota reaches new customers with +Post ads and Google

Beyond Slogans – 5 Ways to Un-Suck Your Content

5 simple tips on how to create quality content no matter what your budget.

On Nov 25th I was lucky enough to be a speaker at Toronto’s Centennial College for their 7th Annual Talk is Cheap event.

The night was full of amazing speakers and really great insights and so the fact that I was able to present was just the icing on the cake. Below are the slides I walked through explaining no matter what your budget for social content is, there are some fundamentals to creating content your audience will love.

Posted by
Gary Edgar
on 26/11/2014

Financial services + social media

Financial services + social media

We take a look at how some financial institutions are achieving success through social media.

Hootsuite hosted an online session last week called Investing in Social: Wealth Management in the Social Era #finserve with Ben Cathers @bencathers from Hootsuite and Courtney Fischbach from global investment company @LeggMason.

The highlights included the challenges unique to financial services, a couple key social media stats for all businesses and a few more specific to wealth management, as well as an approach for social media activity.

5 top challenges for social business in finance

  1. Results: Linking social activity to business objectives
  • This has been a challenge that some firms have been able to overcome. ETF social content, for example, is something that has been rising for one of Hootsuite’s clients. They get 30-40 per cent more clicks than normal on this content and this has translated into a direct increase in ETF business.
  • Security: Compliance for pre-approval of outbound social marketing
    • For example, U.S. regulator (FINRA) requires pre-approval of content and considers any social posts advertising. Most financial services organizations post on social media 10-20 times more than they advertise. This creates a challenge unique to the industry.
  • Data: Taking social data and turning it into actionable data
    • How is your data shaping your five-year plan? Or is it?
  • Education: Regulated framework demands customized expertise and guidance
    • It is important to have subject matter experts on social media. They have to be well-versed in both the technical knowledge of the products but also understand how to communicate on social media, so that it’s not just about a hard sell.
  • Collaboration: Lack of alignment of online strategies across all departments
    • It’s important to not operate in silos. Departments must work together with integrated programs.

    Still with those challenges, the case for social media has never been greater.Businesses increasingly need social media

    • ¼ of all businesses will lose market position if they don’t adopt a social business (Gartner)
    • 20 per cent of businesses see more revenue and 60 per cent higher profit growth by adopting social media (McKinsey)

    Wealth management firms also have a great opportunity with social media

    • Nearly 70 per cent of affluent investors have reallocated investments based on info discovered on social media
    • 34 per cent of affluent investors are using social media for personal finance and investing
    • 40 per cent of financial advisors say that they have acquired new clients through Facebook, 25 per cent through LinkedIn and 21 per cent through Twitter
    • 41 per cent of high net worth individuals under age 40 cite social media as important for information, 36 per cent for engaging with wealth managers, and 34 per cent for executing transactions

    With that, it’s critical to allocate more resources into social media. Social media require 5 and 10 year plans, including budgeting for the human resources, education and the financial resources to bring it all together.

    That means that the following four areas need to be integrated into plans and acted upon.

    4 steps to social media success

    1. Social ROI: determinewhat will be measured to uncover insights from aggregated social data to determine how that is having an impact on your bottom line
    2. Internal collaboration: improve efficiency and collaboration across teams, departments and geographies
    3. Security and compliance: mitigate risk from internal and external threats by planning for them
    4. Monitor and engage: filter through the noise using custom streams and targeted searches through a social media monitoring tool (like Hootsuite) to offer regular reports and to become more responsive to the environment

    Additional resources

    Hootsuite University is offered as part of the Certificate in Digital Strategy & Communications Management at the University of Toronto where Diane Bégin teaches.

    Look who’s talking: 3 keys to a great community manager

    You’re hearing a good deal about content lately, and for good reason. If you’re not supplying your social audience with engaging, relevant content on a regular basis there’s little point to even having an online community.

     

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    You’re hearing a good deal about content lately, and for good reason. If you’re not supplying your social audience with engaging, relevant content on a regular basis there’s little point to even having an online community. But something that’s often overlooked in the process is who’s posting your content and how they’re managing those communities.

    A good community manager is equal parts actor, parent, and party host. They don’t just post and schedule content (at least not the good ones) — they incite conversations, recognize and reward loyalty, and create an inclusive experience that fans and followers look forward to returning to.

    And so with that in mind, here are few questions to as when selecting a great community manager.

    1. Can they act? Do they have the voice?

    The best community managers embody the spirit and qualities of the brands they represent. They have to be relatable, knowledgeable and sound authentic. But what if your key audience is made up of moms in the 40’s or millennials fresh out of school? What then? Do you go out and hire someone in that age group to manage your social feeds? Great in theory, but not always achievable. So you’ll need someone who can accurately play the part and keep conversations feeling genuine. If your community manager knows their stuff, and is immersed in the brand, they should be able to act relatable no matter who your audience is.

    Plus, conversations and attitudes can be different from channel to channel. Your community manager needs to be nimble and have the right tone and approach whether responding on Facebook, Instagram or Twitter.

    2. Can they host a killer party?

    Seth Godin sometimes equates social communities to parties — successful brands just happen to be throwing the best ones. That party analogy is pretty accurate when you break it down: a good party host anticipates their guest’s needs, keeps the music playing and is generally on top of things, keeping everyone happy. The same goes for your community manager; they should be quickly answering questions, responding to posts and facilitating a dialogue with just about every person that takes the time to post on your page.

    3. Are they nurturing?

    Of all the traits your community manager should have, this might be the toughest to find. I sometimes equate social media participation to a high school dance. People are nervous, no one wants to be first and you’re left with a lot of people mingling around the periphery and not doing much. It takes time before people feel comfortable, so having someone who can make them feel welcome and included is huge. That means instigating and nurturing the conversation where there might not be one. It also means keeping a watchful eye on the conversations and making sure everyone feels included (don’t feed the trolls).

    Of course there are other keys to a successful community manager (big personality, general excitement for the brand) but these should kick start the search or help you gut-check whether you’re focused on the right things. Social feeds are high-touch areas where customers and fans get to interact with your brand, so selecting the right person to act as an ambassador is integral.

    Social media management and community building are key services Ruckus offers. Give us a shout

    Posted by
    Gary Edgar
    on 09/04/2014

    The Myth of Real Time Marketing

    Real time marketing is the latest buzz term – but in reality it’s just interruption marketing.

    We just can’t help ourselves. No matter how many times people tell us they hate being bombarded by advertisement after advertisement, we continue to do it. Interruption marketing.

    Social media and digital marketing was supposed to be the end of it. The masses had spoken and these new channels were supposed to open up the dialogue and create an organic way for brands to talk to their potential customers. Cut to present day where we get crap like this:

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    Now we can’t have an event (Grammy’s Super Bowl, the Olympics) without some kind of horrible, shoehorned product placement with absolutely no relevance to what people are watching/participating in. I blame Oreo, who did something intersting and timely and fun. 

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    However, because one brand was clever and took advantage of a shared moment – we now have to put up with terrible tweets and Facebook posts that make almost no sense (Pharrell’s hat anyone?). This isn’t ‘Real Time Marketing’ – it’s just another form of interruption marketing – like every other forgettable bit of ad copy.

    This isn’t informative.
    This doesn’t help me buy.
    It’s certainly not conversational.

    You see the stats every day – people are tuning out  ads and following less brands online. Can you blame them? We promised them a dialogue and when we earned their trust immediately started selling to them. Like I said, we just can’t help ourselves.

    Let’s be better. Let’s create content that helps consumers and informs them. Optimize it the right way and make it easy to find, so that when they’re ready to engage and move forward, so are you. Forget real time marketing and focus on anytime marketing. A far more fruitful and cost effective way to do business.

    Posted by
    Gary Edgar
    on 10/02/2014

    This week’s ruckus makers (June 15 – 19)

    This week’s ruckus makers (June 15 – 19)

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    • Many apps have tried taking on seamless news delivery, but we might finally have an answer. The new app that could be the Instagram of news
    • Google analytics offers a lot of robust tools to help you find out everything you need. Here is how it can help retailers determine the effectiveness of what they do. 

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    • Google Streetview is a powerful tool, and with a little bit of application, it can be a powerful agent of change.