Marketers are more keen than ever to understand customer preferences and behaviour – and increasingly that means understanding data. But it has also becoming apparent that not all data is equal; the way you use it is key to how you’ll be able to derive value from it.
This distinction comes back to the way technology has changed in recent years. As marketers, we know that everything is connected. But traditionally this isn’t how we’ve stored and accessed data. Until now, we’ve mainly been looking at individual datum, not connections.
Graph databases fix this by because they explore connectivity within the data. More traditional relational databases answer simple questions such as: “what is the mean age of people shopping on Oxford Street?”. In contrast, graph databases can identify relationships and answer queries like: “how many customers are talking about my brand on social media and how many of them know each other?”.
This may seem like semantics but it actually represents a huge leap forward for informed marketers. So what are the three key things that graph databases can teach us?
Data from past purchases and information on customer interests can enable marketers to spot patterns and make recommendations or relevant offers to customers for next time. With a graph database you can go one step further and make real-time recommendations, instantly capturing any new interests shown in the customers’ current visit.
Looking at your customers, their connections and social media activity you can quickly identify those that are most likely to speak about your brand and recommend services to others.
Graphs allow you to ask questions such as: “which customers of mine are mentioning my brand on social media and via which channels?”; and “which have most social influence amongst their networks and like to write reviews?”. You can then correlate this with: “which of these digitally active customers are buying most of our products?”
In short, marketers can now identify the most appropriate individuals that can be nurtured into brand advocates.
In an age where global selling is the norm, many businesses now offer a wide range of products and services, making it hard for both employees and customers to navigate online or in-store. Using a graph database allows businesses to identify and offer customers a product that is closest to their needs and react quickly when problems arise.
For too long, it has felt like getting to know your customers is made more difficult by the way companies manage their data – databases are vast and can be overly complex to navigate.
Graph databases change this, building the importance of relationships into every piece of data and every query you make.
What may sound like a somewhat “techy” area is actually one that can deliver the most old-fashioned marketing advantage of them all: happier, more loyal customers.
Copyright © 2014 Claudia Remlinger, marketing director, EMEA, Neo4J.
Google recently announced that it would be slowly rolling out an improved Panda algorithm. As Google gets up to speed with its latest updates, so should you with your website.
Here are some things to consider:
One of the big changes Google has implemented with Google Panda 4.0 and 4.1 is its tracking down of poor-quality or “thin” content. If you publish short pieces of content with next to no useful information in them, the chances are that Google will not rank you very highly. So if your website is image-based and doesn’t share much in the way of useful, relevant content, now could be the right time to change that. What used to work for SEO may not work any longer.
Google says that it considers over 200 factors when ranking a website, and one of those that has become more influential recently is website and page loading times. Not only have people lost patience with slow-loading web pages, but they are also less like to convert if they visit a website that takes an age to get where they’re going.
It’s not just people you need to consider; Google’s spiders don’t appreciate the time it takes to crawl your pages. Use one of the many online tests to find out how fast your website pages load.
If your current website is a bit outdated or you’re starting from a blank canvas then it is a good idea to address the design of your site. It should be easy to navigate for both visitors and Google’s spiders. Try to include internal linking to speed up the customer journey and make navigation as clear as possible.
It is also important to test your website on a number of browsers (including Google Chrome, Firefox, Safari and Internet Explorer) to ensure it performs the same on each one. You can do this using BrowserStack.
Another thing Google considers is the amount of time each visitor spends on site, so although aesthetics can play a part in reducing Bounce Rate, the overall design and navigation is important.
An algorithm update might not always be a problem to some businesses, but for others, the changes will work against them. This recent update could have an impact on your visitor stats and if they have begun to decline or suffered a drop, then you know it’s time to make some changes.
Traffic to your website and pages is a good indicator of performance and by using analytics, you can usually see what has gone wrong. So keep a keen eye on your stats over the coming weeks to see if your website needs tweaking.
Copyright © 2014 Thomas Stocks, Varn Media.
Read Rory MccGwire’s blog on how Google is finally rewarding the right websites on the Atom Content Marketing website.
How can a marketer recruit advocates to a new product? It is far from easy. For most new products it is hard enough persuading consumers to notice the product, let alone try it, become loyal to it or start recommending it to friends and family.
The brand ignorance problem is often seen as an offline marketing issue. However, it’s even more of a challenge online. The sheer volume of content makes it more difficult to catch that all-important few seconds of the consumer’s attention.
There’s only a fleeting moment when a shopper notices a new product in amongst the familiar ones on the shelf, or on their screen. It’s an opportunity to make or break a fledgling business – that magical moment when a shopper reaches out. New products and their marketers have three vital jobs to do if they want to use that opportunity well.
Sunbites, a healthy snack, had high repeat purchase rates but the packaging was entirely focused on the wholegrain content of the product and that was putting off new customers who wanted a healthy snack that tasted good. It was not achieving credible shelf stand-out.
Changing the packaging and using language to reflect just how tasty, light and enjoyable Sunbites are had an almost immediate impact. Nielsen sales data revealed a 26% uplift in sales for the first three months. This was no short-term spike. Sales of Sunbites have risen from £8m before the rebrand to more than £40m now. But this success began by getting noticed on shelf.
Getting noticed is not the same as being bought. A brand can stand out on shelf for all the wrong reasons and if it incites indifference or even revulsion it is not going to succeed. It must be desirable enough for the shopper to pick it up and put it in the basket.
This can be done in a number of ways. Brands need to think carefully about the best on-pack visuals – product imagery, colours, logo and so on – as well as the copy they use to describe themselves. What product attributes do they want to convey? What tone do they want to adopt?
Sometimes there is a simple solution. Take Higgidy Pies, for example, which had built a £500,000 turnover selling its premium pies into deli counters and multiples such as Eat. In 2006, it gained a listing in Sainsburys and as a result, it redesigned its packaging introducing a window so shoppers could see the pies.
This not only shows the quality of the product but it is an approach that is unique in the sector. Ultimately, the Higgidy brand promises pies that are as good as you would make for your own family. The window was the vehicle to convey the desirability of the product. Sales grew so that the company now turns over more than £20m and has just doubled its production capacity.
People love stories. We love hearing them and we love sharing them. If your brand gives people a story they can pass on to their friends and family then it is well on its way to creating brand advocates.
David Holliday and Oliver Shute set up their company in 2011 selling soups, stocks and pasta sauces made from wild game. They knew they were tapping into a growing food movement. But by 2013 it became clear that their brand and design was only reaching people who already eat game. The “Country Life” visuals and copy were, in the magical moment it takes to convert shoppers, alienating the affluent urban experimenters who don’t currently eat wild game but would if they knew about it.
So, the first change was to insert “and” into the name. “David Oliver” sounded too formal and staid. “David & Oliver” brought the brand back down to earth. Splitting the name also allowed the introduction of the two characters, the embodiment of the brand. The logo, now full of life, tells the story of David and Oliver. It excites the customer, portraying exactly where the ingredients have come from and are going to.
Again, this investment in branding paid off. David & Oliver is now listed in Waitrose, it is adding ready meals to the range and is expanding into France and Belgium.
Most importantly, it now has a small army of brand advocates up and down the country who are enthusiastically retelling the story of David and Oliver, two entrepreneurs who dared to do something different. The product, just like Sunbites and Higgidy Pies, has succeeded in that vital moment.
Copyright © 2014 Adrian Collins is managing director of Ziggurat Brands, an identity and innovation consultancy.
So you’ve made sure your business has a page on Facebook and you’re posting regularly – but are you using it to its best effect? And did you know that visual content is five times more effective in engaging followers or random visitors who have chanced upon your page? Whether it’s a photograph or video, images add impact and communicate immediately.
But before you start worrying about how to generate all this exciting visual content, let me reassure you that you don’t necessarily have to do that much. Social media sites are all about communities, so you can ask your customers to contribute to your Facebook page by posting photographs and videos that are relevant to your brand.
It’s the ultimate endorsement strategy – the customer who is happy to post a wedding photograph thanking your for the cake stand they bought from your online shop is, in essence, telling all their Facebook friends and your Facebook followers that yours is a great shop and you’ve just made a bride very happy. People like that.
This will also drive more organic sharing and increased traffic to your website as well as your Facebook page. Empower your followers to share their images and more will follow.
Smartphones and tablets have made it even easier to share a moment – think back to our hypothetical bride, she has a million things to do on the day, but a simple snap of her wedding cake on your cake stand is effortless to upload.
It’s important to remember to respond to any content that is added. Maybe that bride was let down at the last minute and you saved the day – a few words to say how delighted you were to have helped shows that you care about your customers and the service you provide.
Here’s another idea: ask customers to show how they’re using a particular product. Introduce a hashtag so it’s easy to share on Twitter too. But don’t forget to check that no-one else is using that hashtag on other social media sites such as Pinterest and Instagram.
Don’t leave everything to your followers. Listen to what they’re saying and notice which posts they are sharing – in short, discover what engages them and then follow their lead and give them more on the same theme.
Images also provide an opportunity to show a different side to your business – a behind-the-scenes moment or a “this is how we did it” movie (Twitter Vine is great for this) that gives real insight into what you do and, importantly, your love for it.
Is your brand image working for you?
Many logos were designed in the pre-digital age, with the simple aim of looking great in print. If your logo was created in the days of brochure-style flat websites, before the incarnation of social media, the chances are it could do with a refresh. Take a step back to see yourselves as others see you and make the changes you need to bring back the magic.
What are you trying to show your customers? Choose a style that reflects the tone and feel of your business – its personality. Look at content, colour, font, imagery and texture and check if there is anything similar already out there. Your need a brand that gets people interested and makes you stand out for all the right reasons.
Your branding needs to translate seamlessly across your traditional marketing, digital marketing and social media platforms. Getting the right mix of where, when and how to position your new branding is critical. The trick is to develop a multi-dimensional icon to give maximum impact and flexibility. Today’s rich media formats offer great new opportunities for animation and sound – so get creative.
Don’t just come up with ideas yourself. Ask others what they think and make sure you get honest, unbiased feedback. Start with your customers and staff but ensure you ask the opinion of those unfamiliar with your business too.
You need to be noticed so let your ideas run free. Create an image that will lift you above the sea of icons in digital marketing and on social media; that will also boost your message in print. There is a fine line between standing out and not dating your look so avoid anything too “now” that will very soon need refreshing.
Your customers are highly mobile, accessing their information on a range of devices in all kinds of locations so test every element of your new identity to make sure it works well across platforms.
Creating a list of everywhere your logo appears is a daunting task. Start gathering this sooner rather than later to make sure you don’t miss anything.
While you’d love a clean handover, be realistic and accept that as a small business, unless you are working with unlimited resources and are prepared to waste materials (which is unlikely), there will be the odd mismatch in your marketing materials during the phasing-in period. To keep costs and waste down, only print what you are likely to need in the run-up to the changeover.
A new look doesn’t have to tie with a particular event but if it does there is all the more opportunity to shout about it. Think about the time and place that is likely to create the most impact.
There are pros and cons of each and many small businesses simply don’t have the expertise in-house. Choose the best route for you but either way set a clear budget as developing a new brand can become a time-consuming, costly business.
Copyright © 2014 Sally Barrett Spring, head of creative at Moneypenny .
What factors help a customer to buy?
There are a wide variety of things that influence a purchase decision – budget, timing and personal psychology to name a few; but there is one fundamental factor that brings all these influences together – value.
Value is a subjective perception created through a blend of need, price and the belief that one product is better than another. Good value is seen as a high quality solution which meets all of a customer’s needs at a reasonable price.
Here’s how need, price and belief play into a perception of value:
I see a pair of hiking boots on offer and I recognise the brand; but the fact that I don’t go hiking means that I won’t value them highly.
Some marketing works to convince the consumer that they have a need. For example, if I’d read an article explaining how hiking boots improved posture, helped stimulate blood flow and were good for your feet, then by the time I saw the boots I may have developed a “need” for them.
Grooming potential customers this way is an excellent way of enhancing the perceived value for your product or service and can help you break into new markets.
Set your price point as high as you can; this helps to enhance the perceived value of your product.
A big mistake is to slash prices. This can work, particularly when it comes to more exclusive discounts, but offering a huge discount lowers the perceived value of the product. Who is going to pay “full price” for a sofa at DFS when most of the year they are offering 50% off?
The price point will often lead customers to believe one product is better than another. However, people will not be willing to pay a higher price if they do not believe in the product; the two factors work in tandem.
Belief is about your brand, your marketing and their knowledge of the product range. It is what 80% of your marketing budget helps to create. And it is the one area over which you have the most control.
So how do you go about creating this belief in your product or service?
There is no single method, but there is a core concept: “Tell me and I’ll forget, show me and I’ll remember, involve me and I will understand.”
People may forget the specifics but they will be primed to receive your brand, and priming can be important in establishing credibility.
For example, you conduct a PR campaign where you write thought-provoking articles relating to your product or service. In the article you describe the problem (establish a need), drop some hints as to a solution (brand priming) and get it featured in an established trade magazine (credibility).
Visual memory is more powerful for most people than verbal memory, particularly when “show me” still involves some verbal explanation – “show and tell”. Exhibitions and trade shows are great for this.
“Involving” your prospect creates an experience that uses all three types of memory/learning: verbal, visual and kinesthetic (touching and using) to create an almost unbreakable belief in your product. If you are there to tell the prospect the benefits, you can create a need. At the same time you show how the product or service meets those needs visually. Then, the final step, you let the prospect try with the product, get them involved in using it and create an experience.
Creating a complete and immersive experience of your product or service increases recall, generates belief in the product and, in the end, turns prospective customers into brand ambassadors. You aren’t as likely to share the fact that you saw some new product, but you will want to tell people what you just tried out - experiences are made to be shared.
Copyright © 2014 Richard Edwards, director of event and customer experience specialist Quatreus.