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5 Steps To Creating A Marketing Plan With Intelligent Content

Posted By iProspect, 06 September 2016
Did you know that only 1 in every 5 pieces of online content produced is ever seen by the target audience? That means 4 out of 5 are never returned in the 4,000,000 Google searches queries that happen every minute of every day.  Why content marketing fails?


FIVE OF THE MOST COMMON REASONS WE COME ACROSS FOR FAILURE OF CONTENT ARE: 

  1. There is no plan
  2. The plan is not data driven
  3. Content is inconsistent
  4. It’s not amplified enough
  5. It’s not measured

WHY A MARKETING STRATEGY MATTERS 

It is frightening to think almost 50% of Irish businesses do not have a written content strategy. It is completely understandable too. We are all too busy working in our business to work on our businesses.  

Although 80% of Irish businesses understand the value of their online marketing, for many, there isn’t as much as a whiteboard or scribbles on the back of an envelope on the kind of content they are publishing and who it is aimed at. 

If you recently watched our video on this topic (which you can find below) you will find more information and links to the tools mentioned in this post.

WHO NEEDS CONTENT MARKETING? 

If you have a business and need more customers then you could benefit from content marketing. Almost every audience is represented online. Research from Eurostat showed Irish adults are spending €8.5million online every day that is leaving the country.  

If you want to capture some of this audience creating a marketing strategy tailored to your business could be your key to success.

HOW INTELLIGENT CONTENT HELPS CREATE YOUR CONTENT MARKETING STRATEGY 

Creating intelligent content involves a data driven process which when documented step by step will help you define a clear online marketing strategy for your business. 

So what are the steps I hear you cry? Well they are nicely summed up in the graphic below but I will also detail the points further below:

1. Researching marketing strategy

This is one of the most critical areas when it comes to developing a marketing strategy. Although it is time consuming, it is worth doing well. Well targeted content will pay dividends further down the line. 

To begin set SMART goals for your content that are aligned with your business goals. For example, your business goal is to double sales across the board. If online equates to 50% of sales at the moment, a SMART marketing goal could be to increase online sales of a particular product by 10% in the first quarter.  

Setting a goal like this gives you something to measure against. So if you have not increased sales by 7% or so by end of month 2, you might have trouble hitting your target!

Develop personas: use the data you have on existing customers, from previous campaigns or through speaking to sales to understand the type of people most likely to need your product. 

Name them, give them an age, job, some hobbies, where they are online (social media platforms, mobile, etc.) and list the problems they have that your product can solve and you are on your way to a successful digital persona. Having this person in mind is a great way to keep the content you create relevant and focused.

Understand search intent: understanding what your persona is searching for online is critical to success when it comes to generating content. In fact, answering the questions your target audience have for Google is a great place to start with content.

There are some tools that are really useful in establishing what your audience are searching for. Our starting points are always Google Keyword Planner for search volume, although be wary Google are now combining some synonyms in the results so they may not be as accurate. 

Once you have found a keyword or words you think will resonate with your audience move over to Answer the Public  a free tool that helps you see the related questions people ask Google around these terms.  Filter out the queries that are most relevant to the content you are creating and answer them!

2. Planning your content marketing

When it comes to planning content there are three things to be particularly aware of:

i. Resources: how many people do you have who can create content? Try and think outside the box for this one – are there any budding writers or film makers outside of the marketing department who might be willing to contribute? 

ii. Time: finding time to create content is challenging especially with the pressures of your day to day role. Be cognisant of this and try to give those who are helping out reasonable lead in times.

iii. Access to creative: to create quality content whether it is written, videos, infographics or something more sophisticated you are going to require creative. It may be as simple as access to images or creating a video

If budgets are tight there are inexpensive options but there is sometimes a learning curve around using this so allow for that in the planning stage.

3. Plan for creating content

Create a bank: having a number of pieces prepared before you begin publishing takes the pressure off initially and may get you out of a bind some time when you don’t have time to create new content

Be consistent: people don’t like change, if they are used to receiving your blog on a Wed morning they will disappear quickly if it isn’t there every Wednesday. So when it comes to content success, consistency is key.

Be inspiring: we hope you love what you do as much as we do. Let that enthusiasm show in your content, whether you are writing a blog or recording a video show your audience:

- Why it matters 
- How it impacts them
- What you want them to learn

Don’t forget a call to action at the end, subscribe to our YouTube channel, follow us on Facebook or call us if you need more information.

4. Plan for amplification of content marketing

In a cluttered online world, one of the biggest challenges we face as businesses is getting our content seen by our target audience. Including amplification in your marketing strategy can help with this. How are you going to get the content you spent so much time creating in front of the right people? There are three main ways.

Owned: owned media are your business’s pages on platforms like LinkedIn, Facebook and Twitter where you already have a following of customers or potential customers following. Share all newly created content through any social media space you have. 

You can share some content multiple times with different posts that appeal to a slightly different audience, this is particularly applicable to Twitter where a single post won’t be picked up by everyone.

Earned: we are aiming to create great content and great content is going to be loved by other publishers too. Creating something that gets shared by others in your industry or those with a similar target audience is an amazing way of getting your content in front of new people. 

Make contacts and reach out to online publications or social media sites in your niche. Why not create something in their style that they might be willing to share?

Paid: 
don’t be afraid to put spend behind great content. There has been a move towards ‘pay to play’ by many social media platforms when it comes to commercial posts as a way of monetising social media. Amplifying content through paid social allows you to target very specific audiences. 

You may come across others who match your persona who may not already be engaged with your brand. There are other paid options like Outbrain for written content or native advertising where a paid piece of content looks like it is a piece of editorial content. 

5. Measuring success

There can be a feeling that it is difficult to measure content success but it can and should be measured in the same way as any other element of a business. The only difference is what we measure.  There are a number of free tools like Google Analytics which provide you with information on how a piece of content is performing. 

The first step is to have a goal for a piece of content, don’t always make this sales, it could be signups, downloading a document or phone calls. Then add annotations as you upload content to your website. Then when reporting on content look at more than the traffic to the content or your website; ideas for measurement include:

  • The pages visitors are viewing.
  • Where do they come from?
  • What landing pages do they arrive on?
  • How long do they stay?
  • Do they share the content?
  • How many pages do they look at per session.

Finally the key sign of content success is when there is a change in behaviour as a result of content. Have you been encouraging customers to contact you through your website rather than by phone – if there has been a reduction in phone calls you know that content is working! 

If you are seeing results keep doing what you are doing, if not try something else, the access to data really does make digital worth wile. Never again will you wonder which half of your advertising is working for you!

Documenting this information and reviewing it regularly will help you and your business create content that resonates with your target audience while improving your bottom line.

It is worth noting that content marketing is a long game, success is unlikely to be overnight but persistence and planning should deliver success in time.

WATCH THE FULL VIDEO HERE

This post was originally published on iProspect.com.


ABOUT THE AUTHOR

iProspect globally has 71 offices in 50 countries, operates in 70+ languages, has more than 2,500 members of staff and has global billings in excess of $2.1 billion.
iProspect Ireland is the only dedicated ‘performance digital’ agency in the country and the only digital agency in Ireland that is part of a global network. As part of the Dentsu Aegis Network Ireland, Prospect is part of a group that includes media agencies Carat and Vizeum, creative digital agency Isobar and online trading platform Amnet.



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How Important Is Social Media Listening In Understanding Customer Sentiment?

Posted By Kantar Media, 05 September 2016

Comments on social media can be skewed towards either gushing praise or damning criticism by a largely younger audience, but social listening is an important addition to the mix of customer feedback. So what are the options for businesses who want to keep an ear out on Twitter, Facebook and everything in-between?

Marcus Gault, Managing Director of Insight at Kantar Media, spoke to The Times Raconteur on the importance of using social media listening to understand consumer sentiment.

Raconteur: Can firms rely on what consumers say online? Are digital profiles always the best representation of consumer behaviour?

Marcus Gault: "Broadly speaking, yes they can. Digital platforms are one of the primary ways that consumers express their views, which makes them a valuable source of information for businesses. For example, in the past companies had to rely solely on consumer surveys to understand how they were perceived; now they can tap into a huge volume of detailed, real-time data on how they are being talked about. In turn, they can use this insight to direct their strategy. 
Of course, there are caveats. Firms must anticipate that consumer sentiment will be skewed towards the negative, because digital channels are a popular way to make a complaint or raise a customer service issue. Additionally, with social media use more prominent amongst some sections of society than others, this content will not always provide a true representation of the company’s customer base.

At Kantar Media, we advise companies to avoid treating online conversations in isolation and instead combine different types of measurement - including more traditional market research - as part of one holistic approach."

Raconteur: What methods are companies using to dig a little deeper than simply what pages Joe Bloggs 'likes' on Facebook?


Marcus Gault: "To capitalise on the rich insights that online platforms produce, companies have to go beyond counting up quantitative metrics such as ‘likes’ and understand the sentiment and topics of conversations.
There are two primary ways that firms are doing this. First, there are plenty of cost-effective, automated tools designed to isolate consumer conversations from other kinds of content, such as marketing content, and analyse what exactly is being said. But these have limitations when it comes to accurately identifying sentiment and analysing editorial content.

Second, many businesses are now choosing to make a bigger investment in services that offer human analysis of online conversations. This gives a much more sophisticated understanding of how and why consumers are talking about a company or subject, but does come at a higher cost.”

Raconteur: Are social listening strategies used by professional companies - banks, law firms - to garner information about their customers in the same way as the retail sector?

Marcus Gault: "Social media may be playing an ever-growing role in how businesses understand and engage with consumers, but it’s not equally relevant for all sectors and this is reflected in variations in how listening strategies are used.
For professional companies, such as wealth managers, accountants and law firms, their customers simply don’t discuss these services on social media channels in the same way as they do for B2C businesses, such as retailers, which means social listening doesn’t create such a high return on investment.

What we are increasingly seeing both consumer and professional services firms do is use social measurement as a tool to inform a range of different departments and functions - from marketing to customer service, PR and product development - rather than taking a one-size-fits-all approach across the business. As social media becomes a more dominant part of consumer and business conversations, we anticipate this approach being replicated further across all sectors.”


This piece was originally published on kantarmedia.com


Read the full article from The Times Raconteur here


ABOUT THE AUTHOR

Kantar Media provides critical information that helps our clients make better decisions about communications. We enable the world’s leading brands, publishers, agencies and industry bodies to navigate and succeed in a rapidly evolving media industry. Our services and data include; analysis of paid media opportunities; counsel on brand reputation, corporate management and consumer engagement through owned media and evaluating consumers’ reactions in earned media. As the global house of expertise in media and marketing information, Kantar Media provides clients with a broad range of insights, from audience research, competitive intelligence, vital consumer behaviour and digital insights, marketing and advertising effectiveness to social media monitoring. Our experts currently work with 22,000 companies tracking over 4 million brands in 50 countries.

www.kantarmedia.com


 

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Featured Member: Oisineagh O'Donnell, Digital Marketing Manager, Davy

Posted By The Marketing Institute, 22 August 2016

The Marketing Institute recognises excellence at every level, and so we have introduced our Featured Member Series, featuring some of our most esteemed colleagues.


 

Oisíneagh graduated with an honours degree in marketing management from ITT.

She began her career on the marketing graduate programme in Electric Ireland where she spent her first year on the web development team, learning the fundamentals  of websites and their design.

From there, she jumped at the opportunity to join the digital marketing team and it was here that she really gained a love for all things digital. Working on some amazing projects such as digital activations for Electric Ireland's sponsorship of the Web Summit. 

Oisineagh worked alongside thebonkers.ie team and managed the build of the switching platform to allow users switch to Electric Ireland from the bonkers.ie website. It was the tracking of online sales and leads from this project, along with managing the AdWords campaigns for the team, where Oisineagh gained a true appreciation for the trackability of digital and the ability to show the return on investment for her campaigns. She then completed the Professional Diploma in Digital Marketing from the Digital Marketing Institute.

After the digital experience gained in Electric Ireland, Oisíneagh took the opportunity to move to Cornmarket Group Financial Services. Straight away she worked on managing the redesign of their complex website that was required to suit each niche market of the Cornmarkets' client base.

After that, she worked alongside the UK senior management team to formulate and manage the digital strategy for Cornmarket insurances entry into the UK market,. This achieved great results from the social and digital campaigns in their first year to market. It was this project that helped Oisineagh to win the "Excellence in Service" award which is given by Cornmarket once annually to a  staff member who has demonstrated outstanding commitment to service. 

Recently, Oisíneagh joined the marketing team at Davy as the digital marketing manager. She is engaged in bringing and maximising Davy's brand refresh to into the digital world by managing the re-design of the Davy websites. Oisíneagh has also implemented successful content led digital campaigns to drive leads, reduce the age and increase the size of Davy’s database.

READ ABOUT OUR OTHER FEATURED MEMBERS HERE


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Featured Member: Mark Henry, Central Marketing Director, Tourism Ireland

Posted By The Marketing Institute, 16 August 2016

The Marketing Institute recognises excellence at every level, and so we have introduced our Featured Member Series, featuring some of our most esteemed colleagues.

 

MARK HENRY, CENTRAL MARKETING DIRECTOR, TOURISM IRELAND 

Mark is an insight-driven, strategic marketer and is an established leader in deploying new media marketing.  He leads the Central Marketing Division of Tourism Ireland – the public body responsible for marketing the island of Ireland overseas.  

Mark has responsibility for the organisation’s marketing functions on the island of Ireland, with teams based in both Dublin and Coleraine. His remit covers strategy development, research, brand, content, marketing communications, e-marketing, customer service, and cooperative marketing activity with the tourism industry. He has previously led the promotion of national tourism initiatives such as “The Gathering 2013” and “Northern Ireland 2012” overseas. Mark is currently Vice President of the European Travel Commission which unites 32 of Europe’s national tourist boards.

Before joining Tourism Ireland Mark was Strategic Development Manager with the Internet arm of Horizon Technology Group plc. Before that again he was Head of Research & Planning for the e-business subsidiary of eircom. Mark possesses Masters degrees in both Psychology and Business Administration.  

Overseas tourism to Ireland reached a record high in 2015 with over 9.5 million visitors to the island (+13% growth over 2014), of which 4.4 million were here for a holiday (+20% growth).  Tourism Ireland continues to lead its European competitors with the largest digital footprint of any national tourism organisation and award-winning campaigns that have leveraged the success of ‘Game of Thrones’ and ‘Star Wars’ to create new reasons to visit our wonderful island.

READ ABOUT OUR OTHER FEATURED MEMBERS HERE



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Consumer Spending In Ireland Unaffected By Brexit - Latest Consumer Market Monitor Report

Posted By The Marketing Institute & UCD Michael Smurfit Graduate Business School, 15 August 2016

  • Q2 spending on personal consumption is up by 5 percent on Q1 2016
  • Household debt (€32,269 per capita) is now at its lowest level since 2006 and is reducing at a rate of about 2.4 percent per annum
  • An increase of 7.8 percent was seen in the sale of services on the previous year

The recovery and expansion of the Irish consumer economy is now well established and not showing any sign of being negatively affected by Brexit. This is one of the key findings of the latest Consumer Market Monitor (CMM), published today by The Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business School. Data from the second quarter of the CMM indicates that the consumer economy in Ireland is now showing strong evidence of a broad-based, sustainable recovery.

The only area that is not thriving is property sales which are down by 7 percent this year, in direct contrast to every other area of consumer spending, with no evidence of a pick-up in the short term. 

Mary Lambkin, Professor of Marketing, UCD Smurfit School and one of the authors of the Monitor, said: “The imbalance of consumer spending and property sales needs to be addressed so as to bring the economy into better balance. Property sales ae struggling and there is sign of forthcoming growth in this area. As of May 2016, we have only seen 16,743 sales which is in stark contrast to 48,700 residential sales transactions in 2015.” 

Tom Trainor, Chief Executive, The Marketing Institute of Ireland, said: “In contrast to the UK’s consumer confidence downward plunge by 8 points to -9 following the Brexit vote, the largest drop in a single period in 21 years, consumer confidence remains strong in Ireland and bodes well for continuing economic activity. We appear to have a sustainable and broad-based recovery taking place.”

SUMMARY 

The 26 percent growth in Irish GDP that sparked recent controversy highlights the point that a far more realistic measure of our economic wellbeing is the growth in personal consumption which makes up 55 percent of national economic activity. 

The starting point is with the amount of disposable income circulating in the economy, because spending very closely matches income. In fact, there has been a remarkable increase in disposable income in recent times with very positive effects - gross disposable income increased by 5 percent in 2015, and by a similar amount in the first quarter of 2016.

The improvement in the labour market has been the most important factor driving this income growth, with employment increasing by more than 2 percent each year since early 2012. There is now 1.98 million people at work, up 46,900 year-on-year, and up by 152,000 since the low point in 2012. Pay increases have also contributed 2.7 percent on average in 2015, as have increased earnings among the self-employed.

Confidence is still strong here and is driving a steady increase in consumer spending that is producing better sales performance in virtually all retail and service sectors. Some of this reflects “pent up demand” following a long period of recession, and this can be seen most clearly in continued growth of “big ticket” items – home furnishings, new cars, clothing and other consumer durables – all of which are up very strongly in recent quarters.

Sales of new cars are an indicator of economic recovery, and Ireland is no exception. Following several lean years, sales of new cars were up over 30 percent last year to 121,110. 2016 is continuing this trend, although at a slightly slower rate, with 97,490 cars sold in the first half of the year, up 24 percent on the same period in 2015. This suggests a final figure of about 150,000 cars which will bring us close to the average of around 160,000 cars sold each year in the early 2000s prior to the economic downturn.

Sales of services such as accommodation, food and drink, and entertainment have also been strengthening, up by 7.8 percent for the year to May 2016, following 6 percent growth in 2015. Retail sales are also improving significantly; sales volume rose by 6 percent in 2015 and by a further 5 percent in the first half of this year. All retail categories got a boost in recent quarters, and the evidence suggests that 2016 is delivering strong growth for most retailers.

Sale of property is one area that is not showing strong growth. There were 48,700 residential sales transactions in 2015, and more than 40,000 in 2014. In contrast, there was just 16,743 sales to the end of May 2016, down 7 percent on the same period in 2015. Mortgage approvals were also down 11 percent to the end of May, further evidence of a weak market. Growth for the year is expected to be muted with the data indicating it will be less than 5 percent.

CONSUMER CONFIDENCE 

Consumer confidence showed signs of recovery in 2013 and this rose throughout 2014 and 2015. Confidence level reached a record high in June 2015 and remained strong through the rest of the year. At this point, consumer confidence in Ireland was well ahead of the last peak in 2007, and also well ahead of other European countries.

There has been a slight weakening in confidence during the first half of 2016 which may be reflective of uncertainly about the formation of a new government and Brexit. However, consumer confidence remains strong here and bodes well for continuing economic activity.

In contrast, consumer confidence in the UK has dipped in recent months, a clear sign that the vote to leave the European Union is harming the nation’s outlook. The core Index fell 8 points to -9 in the weeks following the Brexit vote, the largest drop in a single period in 21 years.

CONSUMER INCOMES AND SPENDING 

Household disposable income rose by over 5 percent in 2015 from €90 billion to €95 billion. This rise is due to a combination of expanding employment and increasing pay rates. There is now 1.98 million people at work, up 152,000 since 2012. Irish households also saw a pay increase of 2 percent in 2015. 

Disposable income was up by a further 6 percent on Q1 2016, largely driven by pay increases, with the amount of money now circulating in the economy very close to the level of the 2007 peak.

Personal consumption in total was up by 4.5 percent in 2015, and is up by 5 percent in Q1 2016, with no sign so far of a Brexit effect. Growth of 4 percent is forecast for the year as a whole.

CONSUMER BORROWING 

Household debt is now at its lowest level since 2006, at €32,269 per capita, and is reducing at a rate of about 2.4 percent per annum. The ratio of household debt to disposable income has fallen by 60 percent since its peak of 215 percent in mid-2011. This rate of debt reduction has surpassed most other countries, but still remains relatively high at 167 percent of disposable income. 

RETAIL SPENDING 

Following five years of decline, a significant turnaround occurred in 2014, which accelerated further in 2015, with sales volume up by an impressive 6.1 percent.

2016 is continuing to deliver strong sales growth for most retailers with spending in the first half of the year up 5.5 percent in volume, year-on-year. 

RECENT TRENDS

The latest indicators for 2016 show continued momentum in consumer spending. Sales of new cars were up over 30 percent in 2015 to 121,110. 2016 is continuing this trend, although at a slightly slower rate, with 97,490 cars sold in the first half, up 24 percent. This suggests a final figure of about 150,000 cars, close to the average of 160,000 sold each year in the early 2000s.

The services sector grew by 5.8 percent in 2015, and is continuing to grow strongly in 2016, up by 7.8 percent for the first five months of the year, with telecommunications, food and beverages, and professional services very buoyant.

Retail sales, excluding the motor trade, were up 4.5 percent in volume and 1.4 percent in value in the second quarter of 2016. All product categories experienced growth; most remarkable is the growth in sectors that have been weak throughout the recession, such as bars and newsagents. In summary: 

  • Food sales up 3.2 percent in volume and up 2.5 percent in value; 
  • Non-specialised stores (supermarkets) up 3.1 percent in volume and 2.5 percent in value; 
  • Fuel up 1.7 percent in volume but down 6.6 percent in value;
  • Clothing, footwear and textiles up 7.6 percent in volume and 5.9 percent in value; 
  • Household equipment up 8.6 percent in volume and 4.5 percent in value;
  • Department stores up 3.2 percent in volume and 1.5 percent in value;
  • Pharmaceuticals and cosmetics up 4.8 percent in volume and 4.2 percent in value;
  • Bar sales up 6 percent in volume and up 7 percent in value.
  • Books, newspapers, stationery up 0.6 percent in volume and 1.4 percent in value 

Overall, we can conclude that retail sales are back on a strong growth path, and holding that strength in each successive quarter.


TO DOWNLOAD THE REPORT, CLICK HERE



TO DOWNLOAD THE FULL REPORT, CLICK HERE


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