With Q1 2020 quickly approaching, it’s essential to take inventory of your social media strategy from 2019 and adjust where necessary. Here at Sircle Media, we’re always staying on top of social media trends and making awareness, consideration, and trial the top priorities for our clients.
In 2019, giveaways were a surefire way to help increase followers and awareness among niche audiences, especially when collaborating with multiple brands. If you strictly want eyeballs on your packaging and/or some usage cases, then side by side collaborations with likeminded brands remain a smart, and low-cost play. The rub though with some of these collaborations is that users will often only follow the brands involved in order to receive a prize, rather than turn into a true fan of the product. This leads to a drop in followers after the giveaway has closed.
I would argue that this is ok and a byproduct of the strategy, as long as you got views on your solid content showcasing your product. BONUS: you picked a winner that is likely someone from your core target demo and you got the product into their home. If the product is good, repeat trial is likely. Also, all of the losers give your social media manager some targets to strike up a dialogue with and see if he/she can convert them with community management and/or surprise and delight tactics, such as delivery of coupons/discount codes, etc.
In 2020, take your giveaway strategy a bit deeper, by running some self underwritten promotions with larger prizes AND even include a CTA to one of your primary sales channels. To that end, recently, one of our clients, Energice, a line of vitamin-infused frozen hydration pops, held a giveaway where the prompt was to follow the Energice account for a chance to win a “40 Energice variety pack” and a $50 Dick’s Sporting Goods gift card.
Energice is an attractive product for professional athletes and active individuals in general. Their pops have an isotonic formula of electrolytes, B vitamins, and potassium for peak performance. Energice is sold through their website, Amazon, and at Dick’s Sporting Goods.
The Dick’s Sporting Goods $50 gift card was the ideal add on prize for this giveaway, considering it is:
1. The retailer at which the product is sold, and we created awareness around the partnership.
2. A relationship we really want to protect and grow.
2. Where Energice’s core target audience loves to shop and gives them a prize they can cash in on, above and beyond our client’s product.
All of the above made the giveaway extremely attractive to the exact target audience they wanted to speak with.
Rather than boosting this giveaway through The Facebook Ads Manager which we traditionally use, we boosted it through the Instagram App which has the button “View Profile”, making it even easier for Instagram users to find the Energice page. It also helps pad vanity metrics a bit, in the feed which helps incentivize others to join in.
The results of this giveaway were favorable for the brand. First off, Energice received 400 new followers (not my most important KPI, but one the brand cares about nonetheless), and we only targeted new eyeballs, which means these are new prospects for the brand. While they clearly didn’t follow the full instructions (the first ask was to LIKE the post and only 95 people did) it still earned a nice amount of impressions and significant comments. It also was a great advertisement for our shelf space at Dick’s and is a solid show of partnership for their salespeople to share with the buyer.
In 2020 it is important to get a little more creative with these exposure hacks, especially as Facebook and Instagram Ads will start to increase in price as the Presidential election draws near. Id recommend everybody consider, multi-brand, dual-brand, self-run, influencer supported and some retailer focused collaborations in the first quarter. Get out there and make it happen!