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Social Media Marketing Trends that will Prevail in 2015

Social Media Strategy

Social media is constantly changing and it is difficult to predict or know what will succeed and assist marketers to help grow their business. Social media, digital marketing and new technology provides any business powerful tools and opportunities to drive new business, retain and engage with customers and, in turn, increase revenue. Here are some social media marketing predictions for 2015 that we can expect over the coming year.

The rise of Ello: This emergence of  this new social media platform is expected to go up against the likes of media giants like Facebook. This new social media platform is causing quite a stir and is being dubbed as the new hipster social media network.

Significant increase in demand and ad pricing on Facebook:  Research has shown that Facebook reach is dropping significantly and becoming a major problem for those businesses using this platform for marketing purposes.

Twitter’s business advertising model is expected to rise significantly: Twitter is now offering businesses a whole lot more choice and flexibility when it comes to how and what they pay for in terms of advertising giving small and medium business  a chance to jump onto Twitter ad bandwagon.  Twitter’s  new model is providing businesses a new fee structure which allows them to pay for specific performance-based actions rather than just retweets or clicks.

The demise of Google+:  Given the failure of Google’s Authorship experiment, it is evident that there is no unique value when compared to Twitter, LinkedIn and Facebook and is quickly leading to the decent of the platform into obscurity.

Instagram will become crucial for image-based social media marketing: Instagram continues to grow with over 200 million monthly users and is crucial for any business focusing on image-based social media marketing. This is backed up by research and evident by the fact that many marketers are planning to increase their use of this platform.

LinkedIn will increase the gap as the main B2B social network: LinkedIn is recognized as the most popular choice for any business which focuses on B2B, and it is expected to increase it’s dominance over other networks. Even though LinkedIn is viewed as less important that Facebook and Twitter, this fact is quite different when it comes to B2B marketing.

Social media marketing will be accepted as a core pillar of content marketing: It is expected that marketers will accept and realize that the two main core pillars of content marketing strategy will be publication and distribution. It is expected that marketers will realize that social media is going to be the most effective method to expand and increase their reach and visibility of their content.

In conclusion, it is important for all marketers to be informed about their audience when it comes to social media. They should customize and personalize their social media strategies over all channels and identify what works for their audiences.

Advertising, Marketing, Promotions, Public Relations, and Sales Managers

Significant Points

  • Keen competition is expected for these highly coveted jobs.
  • College graduates with related experience, a high level of creativity, strong communication skills, and computer skills should have the best job opportunities.
  • High earnings, substantial travel, and long hours, including evenings and weekends, are common.
  • Because of the importance and high visibility of their jobs, these managers often are prime candidates for advancement to the highest ranks.

Nature of the Work

Advertising, marketing, promotions, public relations, and sales managers coordinate their companies’ market research, marketing strategy, sales, advertising, promotion, pricing, product development, and public relations activities. In small firms, the owner or chief executive officer might assume all advertising, promotions, marketing, sales, and public relations responsibilities. In large firms, which may offer numerous products and services nationally or even worldwide, an executive vice president directs overall advertising, marketing, promotions, sales, and public relations policies.
Advertising managers. Advertising managers oversee advertising and promotion staffs, which usually are small, except in the largest firms. In a small firm, managers may serve as liaisons between the firm and the advertising or promotion agency to which many advertising or promotional functions are contracted out. In larger firms, advertising managers oversee in-house account, creative, and media services departments. The account executive manages the account services department, assesses the need for advertising and, in advertising agencies, maintains the accounts of clients.

The creative services department develops the subject matter and presentation of advertising. The creative director oversees the copy chief, art director, and associated staff. The media director oversees planning groups that select the communication media—for example, radio, television, newspapers, magazines, the Internet, or outdoor signs—to disseminate the advertising.

Marketing managers. Marketing managers develop the firm’s marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets—for example, business firms, wholesalers, retailers, government, or the general public.

Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm’s customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm’s products and services and to attract potential users.

Promotions managers. Promotions managers supervise staffs of promotions specialists. These managers direct promotions programs that combine advertising with purchase incentives to increase sales. In an effort to establish closer contact with purchasers—dealers, distributors, or consumers—promotions programs may use direct mail, telemarketing, television or radio advertising, catalogs, exhibits, inserts in newspapers, Internet advertisements or Web sites, in-store displays or product endorsements, and special events. Purchasing incentives may include discounts, samples, gifts, rebates, coupons, sweepstakes, and contests.

Public relations managers. Public relations managers supervise public relations specialists. (See the Handbook statement on public relations specialists.) These managers direct publicity programs to a targeted audience. They often specialize in a specific area, such as crisis management, or in a specific industry, such as health care. They use every available communication medium to maintain the support of the specific group upon whom their organization’s success depends, such as consumers, stockholders, or the general public. For example, public relations managers may clarify or justify the firm’s point of view on health or environmental issues to community or special-interest groups.

Public relations managers also evaluate advertising and promotions programs for compatibility with public relations efforts and serve as the eyes and ears of top management. They observe social, economic, and political trends that might ultimately affect the firm, and they make recommendations to enhance the firm’s image on the basis of those trends.
Public relations managers may confer with labor relations managers to produce internal company communications—such as newsletters about employee-management relations—and with financial managers to produce company reports. They assist company executives in drafting speeches, arranging interviews, and maintaining other forms of public contact; oversee company archives; and respond to requests for information. In addition, some of these managers handle special events, such as the sponsorship of races, parties introducing new products, or other activities that the firm supports in order to gain public attention through the press without advertising directly.

Sales managers. Sales managers direct the firm’s sales program. They assign sales territories, set goals, and establish training programs for the sales representatives. (See the Handbook statement on sales representatives, wholesale and manufacturing). Sales managers advise the sales representatives on ways to improve their sales performance. In large, multi-product firms, they oversee regional and local sales managers and their staffs. Sales managers maintain contact with dealers and distributors. They analyze sales statistics gathered by their staffs to determine sales potential and inventory requirements and to monitor customers’ preferences. Such information is vital in the development of products and the maximization of profits.

Work environment

Advertising, marketing, promotions, public relations, and sales managers work in offices close to those of top managers. Working under pressure is unavoidable when schedules change and problems arise, but deadlines and goals must still be met.

Substantial travel may be involved. For example, attendance at meetings sponsored by associations or industries often is mandatory. Sales managers travel to national, regional, and local offices and to the offices of various dealers and distributors. Advertising and promotions managers may travel to meet with clients or representatives of communications media. At times, public relations managers travel to meet with special-interest groups or government officials. Job transfers between headquarters and regional offices are common, particularly among sales managers.

Long hours, including evenings and weekends are common. In 2006, about two-thirds of advertising, marketing, and public relations managers worked more than 40 hours a week.

Source: bls.gov