On this episode, we talk about social media and the KPI conversation. Our argument is that a brand or business needs to first determine what their goals are and then articulate that to their employees and/or vendor partners. They shouldn’t get lost in the weeds on terms like CPM’s and Ad Recall Uplift, they should just define what they want/need to happen and then allow their team to create a gameplan against that.
Let me explain this a bit further. “I want to grow my Instagram followers by 5K” sounds like a KPI but I would push back on that and ask – why, what does that give them specifically? This is a tactic and not a goal. Worth noting: Goals are at the top and are the macro drivers:
i.e. Reach 1 million vegan moms Strategies are one step down and are different tributaries to that goal:
i.e. Facebook Ads, influencer partnerships etc. Tactics are the small ball, micro executions within strategies:
i.e. Dark posts, influencer giveaways etc.
So growing your IG follower count is a tactic, under the strategy of leveraging the IG Platform and that strategy should feed into a bigger goal. So if that goal is to reach 1 million vegan moms, then we would argue that in today’s IG landscape, harvesting your own follower count is not the best tactic to accomplish that. You are better served by leveraging more paid Instagram work, more integrated collaborations with influencers and even brand collaborations that put you front and center with an audience already established by another like-minded brand.
We are all about KPI’s and ROI, as a way to measure success via social media, but I flip the script and put it on the client to think it thru first. Define the goals, discuss and debate strategies and then let your team execute on different tactics. Tactics will vary and come and go, and strategies will change and modify along the way too, though less frequently. Goals should remain pretty consistent and be revisited every 6 months.
Don’t make your social media vendor (or any vendor for that matter) or your internal social media team report back on random statistics that add no value. Tell them where your destination is and let them lead the way to get there. The trip won’t always be straight or perfect, but if all turns are made with the destination always in mind, then you are more likely to get where you were going at the outset.
In this episode, we go a bit deeper into our current POV on Instagram. We have recently shared our take on what matters on Instagram, as well as why we love Instagram Ads so much right now. Here we frame how to rethink your strategy for the platform and be able to better explain the right approach to retailers, investors and/or even yourself.
Instagram (just like Facebook before it) has given away a lot for free to build their brand and user base. Now they are saying to brands that if they want to reach people and leverage the platform, they will need to pay. This is a good thing and if done right, it actually provides much more value than your follower count OR how many likes your last photo received ever did.
Hope this helps shape the conversation a bit more…
Instagram Advertising works people and it is time to get with the program. You should be firing up Ads on The Gram right away and experimenting with all different formats. Attention is there, CPMs are low and consumption is real.
On this episode, I talk about what metrics really matter on Instagram in January 2018. Followers and even engagements and/or engagement rates with those followers are rapidly becoming less important as the platform moves towards a “pay to play” ecosystem. Nowadays, and even more so going forward, it will be more about how well you deploy smart paid social tactics, than how many user accounts follow you or how many likes your last picture received.
It is still important to story tell on this visual platform and to continue to publish branded content that conveys key brand messaging. If you want that key messaging to be seen AND to be seen by the right eyeballs, then you should boost that content at a very specific audience and guarantee delivery.
If retailers, partners or even your boss ask about why you don’t have more followers (or likes on your posts), tell them you don’t play in that game, as the platform has shifted away from it. Instead, show them real data that supports where you have deployed paid marketing dollars and how that has delivered targeted reach and attention for your messages. If those messages benefit them, they will be all ears.
Instagram stories are where attention is most being paid and an area where you can still stand out from the clutter and deliver key messages proactively. Commit to posting more consistently and look at the data to tell you what is resonating and where you might want to pivot and deploy different tactics.
Instagram is still “THE PLATFORM” of the moment, but the way you use it has definitely changed. Change with it and reap the benefits.
A year ago today, Instagram rolled out their “stories” product. It was a direct shot across the bow of Snap, Inc. and many wondered if it would stick the landing as a real and viable product. That month we posted our thoughts on the product and gave recommendations on how brands might want to go about tackling the shiny new toy.
A year later and Instagram Stories are a powerful force in the social media ecosystem. According to this post on Instagram’s blog, which was sort of a birthday wish to itself, over 50% of businesses posted an Instagram story last month. Even more amazing is that it has drastically increased the time spent by their 250 million+ active daily users, making it a more valuable platform for consumers and creating increased consumption opportunities for brands.
It quickly went from a dip your toe in situation to a front and center focus for many brands and we have found that it produces a power punch of impressions, accelerates reach and engagement and helps produce better results from brand and influencer collaborations. This is top billing placement, on the platform where the most users are paying the most attention. If you have a brand that is looking to communicate with customers and followers online, then this is a story you want to write yourself into.