Tag: social media
Recently, I came across a famous fast food chain billboard which was promoting its newly launched product. A thought came across my mind as to why these multinational brands are using such old traditional ways of advertising to promote their new product as these would be better advertised on social media than on billboards. That’s when I saw the small symbols of Facebook, Instagram, Twitter, and YouTube on the billboard, and it suddenly struck me the main focus of the billboard was to direct the customers toward their social media platforms. This made me realize how traditional and digital media can co-exist in the same environment.
Social media marketing and its exponential growth is not new knowledge in the marketing industry. It is also no secret that influencer marketing is an effective way to promote brand awareness. The use of influencers across various platforms - TikTok, Instagram, YouTube and more - are growing and marketers have been tapping into their potential to drive eCommerce sales and brand awareness. While earlier the main users of influencers were primarily B2C’s, the environment is changing with B2B’s beginning to realise the ability to drive new focus and engagement with this form of marketing power.
No matter how big or small your company is, what products or services you provide, or to whom you provide them, there are some fundamental tactics that business owners need to use in order to ensure that their marketing efforts do not go to waste.
When Marketing Eye first started its internship program, it was simply a case of so many people requesting internships and the need for young marketers to learn about their chosen field within a professional setting.
Social media platforms such as Facebook, Instagram, or Snapchat are initially created for sharing memories and connecting families and friends. It has now transformed into a source of entertainment, news, and commercial opportunities. Towards the end of 2021, there were 4.55 billion people who are active on social media. Facebook is the most prominent social networking site, but is that still true in 2022? Facebook interaction on organic content has been on an all-time low, at approximately 2%. Some users have abandoned Facebook and moved to other platforms. Do you think Facebook is a dying Marketing Channel?
After just completing my first year of university studying media and communications, I didn’t know the first thing about what the world of marketing involved. Having only ever taken two advertising classes, I knew almost nothing about what a marketing firm did let alone how they operated in the industry. That was until I found myself scrolling through Indeed.com, trying to find a way to fill in my time over the next three months. At a time when every second person was trying to find a job or internship, restless after the abundance of lockdowns we endured in 2021, every opportunity I was either turned down or was one in 500 applicants. Marketing Eye was no different, an application I thought I would never hear back from. Or so that’s what I thought. 12 weeks later I am left to reflect on my time working as a Marketing Eye Intern learning from and working alongside a team of dedicated, passionate, and hardworking marketing executives.
While B2B and B2C take different approaches to achieve their business goals, one thing they have in common is that whether it's businesses or end customers, they are both communicating with people. People socialize, and online social media platforms allow them to get connected without time and geography constraints. As is known to all, 2 years of the pandemic has entirely changed the world, more specifically, the way we live, and how things function have gone more digital. Statistics show, by 2025 the number of American online shoppers is expected to reach 291.2 million, which translates into about 88% of the U.S. population.
B2B social media marketing in this case sees no exception. B2B's buying journey doesn’t end after visiting the website and checking the price. Moreover, 84% of B2B executives claim that they use social media to make their purchase decisions while 72% of B2B buyers research products on social media. In 2022, the demand for B2B companies to craft their social media marketing is growing higher than ever. Putting your brands out there and propelling the transitions can promise your businesses a more recognized and engaged future.
What’s the Meta-verse?
In-case you haven’t been paying attention to the latest upcoming changes of the internet – let me explain. Facebook is changing its company name to “Meta”. This rebranding aims to reflect the company’s new concept of a “metaverse” which Mark Zuckerberg promises will be a world as “detailed and convincing as this one [Earth]”. Whether Zuckerberg is successful in pulling off what might be the most ambitious and “next biggest chapter” of the internet is for another blog... but what this uprooting of the Facebook we all know and love - can mean for your marketing team needs to be foreseen and accounted for.
As digital technology continues to transform the ways in which industries work globally, we must keep up with the emerging trends. Professional Services are no exception to this. As an industry that has traditionally flourished off old fashioned marketing techniques such as: Relationship Marketing, Traditional Marketing Channels and Telemarketing, these firms have been forced to modify their marketing schemes to fit the more effective and modern marketing techniques. In the ever expanding digital world, having an effective digital strategy will not only establish your firm in the competitive online landscape, but also allows you to build a strong impression and relationship with prospective customers and clients.
As I come to the end of my internship with Marketing Eye at their Melbourne office, I’ve finally been able to take the time and reflect on the skills that I have obtained and the knowledge I have gathered along the way. As a university student in their penultimate year, I was faced with the decision of what career I wanted to do once I graduated.
Marketing has always been a passion and interest of mine and I was so excited when I saw an internship opportunity available at Marketing Eye. The application process was very straightforward and I was invited to join the team for a few months after a phone interview with one of the marketing specialists. I will never be happier with my decision to intern at Marketing Eye as the experience I’ve obtained will enable me to approach future jobs with not only more confidence but more ability as well.