On Instagram Stories data…

slide-1-1

Instagram stories have been adopted by more than 300 million daily users and there have been a number of recent integrations with Facebook, that have made the reach and exposure that much more compelling. I have talked about our POV on stories before and the data just continues to prove out that stories are a place to be if you want to market where people are paying attention.

I recently read Delmondo’s Instagram story analytics report, that reviewed more than 800 active Instagram accounts and there were some key findings.  I pulled them out and highlighted them below along with my quick take:

- User consumption is high and brands are (tentatively) making grabs for their attention- Of the 800, only 16% had posted a story within the last 30 days. 

16% is low, which means many brands are not taking advantage of this medium.  So if you are a marketer at a brand, you should be paying attention and capitalizing where others arent!

- Influencers are right At home- A key performance metric of interest during the analysis was completion rate. Who watched a story from start to finish? Influencers are in the lead for completion rate, given that high post performance is part of the criteria in needed to be an influencer. 

Influencers are leading the charge and seeing excellent consumption rates. When working with an influencer, stories are great and perhaps should be the first choice!

- Keep your storyboard tight- There is a strong correlation between story length and completion rate, with a downward trend synced with an increase in the number of posts per story. 

Think about your message flow and don’t just go on a posting spree. Also, consider front-loading more important brand messages in a storm or collection of stories.

- Leverage early afternoon and late evening key posting times- This is when completion rate was at over 70%.

Be thoughtful about when you post to maximize consumption potential of your content!

Instagram stories have got to be in your marketing mix if you are looking to broadcast messages on social.  If you sit on the sidelines, then the story about you, will be that you blew it. ;)

Add a comment

Tags: , ,

On social media and the right POV for brands…

social-media-trends-2014

When I started Sircle Media in January of 2012, the social media conversation was an uphill battle for sure.  I would meet with owners, and/or Marketing Directors and would have to hard sell (READ: convince) them on why this was an important frontier for their business.  75% of the initial conversation was about proving their initial preconceptions about social media wrong. It was exhausting but so necessary.

These days companies are more “hip to the game,” meaning they are committed to being active in social, but that being said, I think that many brands are still half pregnant on the topic and are not fully committed.  They don’t know if they should treat it like marketing, customer service or sales and they are often too singular in their focus. They are just not committing where they need to – let me explain:

1- They spend too much time overthinking content - Yes you need to be on brand, you need to be consistent and you should think about what you want to say and how you want to say it. That being said, many brands spend too much time overthinking their content in my opinion. We have talked about documenting over creating before (thanks, @GaryVee) and we suggest doing more and learning, as opposed to carefully crafting every single word and image. It is not branding, PR or even direct response where you want to say as much as you can, in as few words as possible to elicit the desired response. Those are controlled mediums, whereas social media is uncontrolled.

RECOMMENDATION: Be more flexible and fluid with your content and copy and see what happens.

2- They are thinking of social media as “a silo” - Sometimes I speak with some clients who think social media is just about branding and doesn’t create sales (WRONG) and then I speak with others, who think it is only a digital and e-commerce play and doesn’t help offline business (WRONG AGAIN).  It really is a horizontal layer that touches all parts of your business and stretches across different departments and initiatives.

RECOMMENDATION: Think about your different departmental needs and goals and then think about how social media might be able to help in each. Solve for the positive, rather than for the negative and unlock ways that social can be more useful. 

3- They are not investing in paid social - Many brands are active on social but are not leveraging the Facebook and Instagram paid social ecosystem. Some feel social should be organic only (myopic POV) and some are using paid, but strictly for e-commerce acquisition. These are the most powerful advertising vehicles on the market and provide more real actionable and supportive data than any predecessors.

RECOMMENDATION: Invest more in paid social, learn the platforms and products and leverage them to grow your business. Whether you want more exposure/reach, more engagement and/or more traffic and sales on your website (or in your store), paid social is your number one vehicle for this. It is highly effective, underpriced and extremely targeted. Start budgeting and implementing paid social ASAP!

4- They are not focusing on video - I have talked about the importance of video before and while the majority of brands I speak with these days totally seem to follow and want video, most are not backing that up with action. Video helps with storytelling in a more effective AND efficient way and will shorten the learning curve for consumers.  You can hack better reach, engagement and action on your social content, as well as your website, email and other advertising efforts with video.

RECOMMENDATION: Commit to video and start creating a lot of it. I’m talking about motion graphics, live action AND even going live on Facebook and Instagram, which will provide more depth and insight into your business. 

5- They are not paying influencers - Most of my clients are working with influencers in some capacity, which shows they fully understand that those influencers bring with them an audience that is worth reaching. So if this is the case, why be totally closed to the concept of paying them for that service? If you aren’t open minded to at least exploring paid partnerships, then you are going to leave a lot of opportunity and money on the table.

RECOMMENDATION: Allocate some budget to paid influencer engagements and then court, review and select partners who offer real value for their price point. Pay close attention to the types of engagements they offer, how they have performed in the past and what type of engagement they get from their community. Negotiate best case pricing and explore the most creative ways to work with each individual influencer. 

It is my opinion that if you are going to be active with social media, then you should be all in.  You have to have the right POV on content and benefits and then be deploying the best tools to help you succeed. The mentality is the swing and paid social, video and influencers are the nasty topspin follow thru…Your serve!

 

 

Add a comment

Tags: , ,