Blogs

« September 2008 | Main | November 2008 »

October 2008 Archives

October 2, 2008

October 3 Schedule

I'll be out of the office on Friday, October 3. I will not have access to e-mail, so if you need to reach me, please call (615-479-0429).

October 10, 2008

Research Shows Magazine Advertising Results in Greater Returns Than TV or Online Media Advertising

If you are like most marketers and are looking for ways to stretch your advertising dollars in 2009, a new report by Marketing Evolution has the answer for you—magazines. According the report, magazines beat out TV and online media in terms of effectiveness when it comes to influencing audience behavior.

The study focused on an ROI “cost per impact” model that measured brand awareness, brand familiarity and purchase intent. Magazines were especially successful in the categories of branded familiarity and purchase intent. Defining ROI is always a tricky thing, but in this study they use three measurements as a guide:

  1. Average number of people influenced
  2. Average number of influences per $1,000 of advertising spending and the cost per individual impact
  3. Cost per individual impact

As you work to finalize your advertising and marketing budgets for 2009, keep in mind these latest research results show that in terms of advertising, magazines are the most cost-effective medium for influencing consumer behavior, a critical part of the sales cycle.

October 16, 2008

October 17 Schedule

I'll be out of the office on Friday, October 17. I will not have access to e-mail, so if you need to reach me, please call (615-479-0429).

October 31, 2008

Associations Can Learn From Businesses Using Twitter

twitter.jpg
While many associations are beginning to see the value of how social networks and social media can help them, many still have reservations about Twitter. They might feel comfortable with writing for a blog or posting videos to YouTube, but they continue to question the purpose of a tweet. If associations will take a cue from the business world, they can harness the power of Twitter to meet some of their member communication goals.

Research from the 2008 Cone Business in Social Media Study shows that almost 60 percent of Americans interact with companies on social media sites. The survey findings also revealed:

  • 93 percent believe a company should have a presence in social media.

  • 56 percent feel a stronger connection with and better served by companies when they can interact with them in a social media environment.

  • 43 percent should use social media to solve problems.

  • 41 percent want companies to solicit feedback on products and services.

  • 37 feel companies should develop new ways for consumers to interact with their brand.

It’s clear that the majority of Americans have an expectation and a desire to interact with companies through social media online, which helps explain why Twitter is one of the fastest growing social networking sites on the web. In only the last year its traffic has skyrocketed from 533,000 to 2.4 million visitors. To respond to this demand for communication from their customers, Ann Smarty, in her Search Engine Journal Blog, shares examples of how high-profile businesses are using Twitter:

  1. To provide deals and coupon codes (Dell and Starbucks)

  2. To offer another customer support option for customers (JetBlue, Comcast, The Home Depot)

  3. To solicit customer input and develop a closer relationship (Southwest Airlines, Whole Foods, HRBlock and Best Buy)

  4. To respond to customer feedback (Popeye’s)

  5. To post company news (Ford and Samsung)

  6. To promote a blog (Kodak)

Earlier this year at Hammock, Twitter played a pivotal role in an event website we created for the National Federation of Independent Business for its National Small Business Summit. The social media site included video postings, photo sharing, blogging and knowledge-sharing powered by Twitter. Using Twitter allowed organizers and attendees to post the latest updates and news from the event.

Wonder how you can use the power of Twitter to create a new avenue for communication with your members? Contact us for social media strategies you can benefit from today.

barbaralogan.jpg
Barbara Logan
Director of Marketing
o: 615.690.3415
email | bio
Barbara
MyBusiness
Happy
American
Hammock
 
©2009 Hammock Inc.|Site Map|RSS|Privacy|Terms of Use|Contact Us