The South American economy is growing and the interest and demand in social media and mobile marketing is growing with it. Here are a few thought from my trip to Lima this week
I recently spoke to a group of small business leaders in Tucson about internet marketing trends.
What other trends do you feel are important in the ever changing world of internet marketing?
In effort to keep everyone informed about Google’s efforts to enter the social media space, I’d like to share an amazing article I found on Soshable.com today. These guys did an excellent review of the Google happenings. I thought about summarizing it because it is 3 pages long but…it’s really good and I didn’t want to take anything away from it. Enjoy and as always post your thought.
7 Reasons Why Google+ Will Succeed (and 1 reason why it will very likely fail) http://bit.ly/l7xKAJ
As of yesterday Facebook updated its Ads Manager interface with new visuals and campaign performance data. The improved metrics and graphs should help advertisers better understand and manage Facebook Ads.
Here is a guide to the new interface Guide to New Facebook Ads Manager
Some of the new Facebook ad campaign metrics include:
• Campaign Reach – the number of individual people who saw your ads in this campaign during the date period selected, this is different to impressions which includes people seeing your ad multiple times. The concept is very similar to “Unique Visits” on Google Analytics
• Frequency – the average number of times each person saw your campaign ad
• Social reach – the people who saw your ad with the names of their friends who liked your page, RSVPed to your event or used your app
• Connections – the number of people who liked your page, RSVPed to your event or installed your application within 24 hours of seeing your ad
• Clicks – the number of clicks your campaign has received
• CTR – the campaign click thru rate
• Spent – the amount of money you spent on Facebook ads
The new Facebook audience metrics are:
• Targeted – the approximate number of people seeing your ads based on the targeting options you have selected
• Reach – the individual number of people who saw your Facebook ads
• Social reach – the number of people who saw your Facebook ads because their friends like your page, RSVPed to your event or use your app
There is also a new inline ad management system and a creative library.
New inline ad management
• With the previous interface a lot of time was wasted loading when clicking back and forward to manage individual Facebook ads. Now you can quickly click one of the ad rows in your Ad Manager screen and the ad will drop down allowing you to quickly preview the ad and click-through the various elements of its individual performance without leaving the Ad manager.
New Creative library
• Facebook has created a central database of all your campaign creatives allowing for scalable campaigns and also the re-use of previous ads in your new campaigns. The platform allows you to view all campaigns creatives, by campaign but also those campaigns with no adverts yet created, and you can also search via keywords to quickly find the best ad.
To learn more on how you can grow your business with Facebook ads and other social/mobile marketing platforms visit SocialMobileBuzz.com
Mobile Apps have drastically changed the way we live our lives. It would be fair to say that many of these apps today are what the lever or the wheel was to the caveman. One of the most innovative apps I’ve come across recently is the The iPhone MeterRead app by Zerogate.com.
This app allows you to snyc your power meter with the app. It records energy use, estimates monthly consumption and allows you to track how making little adjustments can save energy, and decrease your bill. The idea is that what is measured improves. In this case, it’s the reduction in energy consumption. This app allows you to reduce your carbon foot print and save some cash.
While I recently found out about this app it’s been around for almost 3 years now. I would love to see Zerogate add some social media features to it. What if you could have an energy saving contest with your friends or your entire neighborhood by auto tweeting or posting every time you read your meter? Or what if the app could text you when you reach a predefined energy KWh threshold? This would allow you to know that it’s time to turn off a few appliances. My assessment. Great app. Lots of opportunity for growth.
There are a number of signs pointing the way to a great 2011. While I don’t claim to be an economist many of the business owners I’ve talked to recently have begun to regain hope in the fact that our economy is turning around as they see customer begin to return.
Moreover, the “micro-economy” of my social media marketing firm has begun to see positive growth. This mean business owners are starting to realize that they can not remain afraid in their shells if they ever hope to start turning a profit.
Here are few additional indicators that support by belief that 2011 is shaping up to be a great year.
The Labor Department said Friday, January 7, 2010, that our economy added 103,000 jobs in December, dropping the unemployment rate 0.4 percentage to its lowest level in 19 months.(9.4%). While job growth is still somewhat sluggish, the way I see it, it’s better than were we were a few months ago so I very grateful.
Additionally, the Recovery Act will provide tax cuts for more than 110 million people. The Small Business Jobs Act will put much-needed capital in the hands of entrepreneurs and the HIRE Act offers new incentives for companies to hire Americans who lost their jobs because of the recession.
Two weeks ago I attended the Social Media Arizona event in Phoenix, Arizona. There were a number of topics covered at this event. However, the topic that intrigued me the most was the rise of mobile marketing. Almost all of the presenters had charts and graphs that discussed the rise of a “mobile mankind” (I just made that phrase up) but it’s totally accurate.
Here are a few statistics:
-There are 6.5 billion people on the planet 5 billion have mobile phones
-85% or 255 million Americans have mobile phones
– Mobile marketing is expected to be the fastest growing segment of marketing. Emarketer.com predicts that mobile advertising will be a $6.5B business by 2012
– 23% of mobile phone users had smartphones at the end of 2009
– The use of mobile applications grew by more than 40% in 2009. (2008-2009 ComScore, MMetrics)
– 90% of Text messages are read within 3 minutes
– Mobile click thru rates (CTR) and conversions are double those of email and internet marketing
I could go on all day with statistics like this. The bottom-line is simple. Social media marketing is expected to continue its growth over the next several years and it is converging with mobile devices. Ladies and gentlemen, the mobile revolution is upon us.
If you’d like to have a conversation about how your company can take advantage of social or mobile marketing find me on Facebook.
Tucson, Arizona, August 26, 2010, Two CEO’s from Tucson-based social media marketing companies were named as finalist for the Social Media Arizona Awards.
Xtreme Business International’s Michael Tucker and Finger Candy Media’s Jessica Northey were selected from hundreds of nominees and social media marketing firms throughout Arizona as finalist for the SMAZZIE Awards.
Michael was acknowledged along with 5 other business owners under the “Homegrown Can Of Awesome” category. Businesses in this category represent the most interesting tech savvy start-ups in Arizona. Jessica was recognized as a trailblazer under the “Trailblazer” category. Businesses in this category are using cutting edge ideas to change the way people work or think in the social media space.
The judges will select the winners from a total of five categories tomorrow at the 2010 Social Media Arizona Conference in Phoenix, AZ
Xtreme Business International and Finger Candy media are two of Tucson’s most respected social media marketing firms.
For more information about Xtreme Business International on Finger Candy Media contact: Michael Tucker, 520-327-0168, Michael@ XtremeBusinessInternational.com or Jessica Northey 559-349-5933, email@example.com
We are having a great time talking about blogging in the Tucson social media lab. I’m actually writing this blog while my lab partner Gary Wagnon from 800biz.com is talking.
For more information about using social media for your business visit www.XtremeBusinessInternational.com
Many of you know that Xtreme Business International provides cause-related marketing services and supports business owners in becoming profitable and making a difference.
However, what you may not know is that Xtreme Business International is also a hub for social entrepreneur leadership training, advocacy, and the development of innovative social enterprises.
Our goal is to launch one new social enterprise each year. This year many of you benefited from our marketing services or participated in our Tucson Social Media Lab, where we provided affordable social media training to more that 300 micro-business owners in Tucson in order to help them more successfully compete with larger firms and the have greater access to local, nationwide and even international markets.
As we cross the half way point in the year, I’m very proud to say that we have co-founded and launched our second social enterprise, BetterEmploymentSolutions.com. The goal of Better Employment Solutions is to provide job seekers with an online personal branding solution that will strengthen their online image and help speed up the job search process.
We will begin hosting training sessions to educate job seekers on how they can use our system to develop an online presence that outshines the competition, proves they are the leader their future employer is looking for, and helps reduce the job search time-frame.
We have already launched in Phoenix with huge success! Our clients absolutely love our concept and we are hosting Employee Branding Events 4 times a day!
Our model consist of a FREE video resume site, world-class social media training, and the search engine optimization needed through our EmployYouTube.com
site to ensure your online brand makes a powerful statement to your future employer.
Best of all, all of our training is FREE because we have corporate sponsors that pay us to provide this service. To learn more visit