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Innovation

Retail Social Gamechanger

by ConsumerSphereGuy on November 6th, 2009 in Engagement, Innovation, Metrics

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The Social Media Revolution

by ConsumerSphereGuy on October 31st, 2009 in Engagement, Innovation, Videos, Web 2.0 Explained

The

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Google Wave Explained

by ConsumerSphereGuy on October 17th, 2009 in Innovation, Videos, Web 2.0 Explained

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Mobil, Coupons and Social Media

by ConsumerSphereGuy on October 7th, 2009 in CPG, Engagement, Innovation, Social Media Strategy

Social media is about sharing. Coupons are about shopping. Shopping is an extremely social experience. That is why a major social media topic in may discussions revolve around tips, advice, and sharing purchase information.

Mobile marketing requires that the participant opt in to your offers. Because of this, mobile coupons can deliver the Holy Grail for marketers, targeted prospects and customers that want your information, and revenue generation.

On-demand mobile marketing platforms provide you with low out of pocket costs and speed to market. With little risk, marketers can get their mobile coupon promotions lined up and running. Once you’ve got your strategy and integration into your traditional marketing mapped out, it takes just minutes to setup and run a mobile coupon campaign. With the open rates at 97%, it’s a no brainer to start using mobile coupons for prospecting and retention campaigns.

Major points to consider:

1. Coupon sharing is a major social media activity

2. The SMS marketing message space is relatively spam free and uncluttered resulting in a 97% open rate (83% within the first hour) for messages.

3. Mobile coupons work best when incorporated into your other social marketing programs, include your short code whenever and wherever possible. Also, give your program time to build, and get viral, your first few offers will serve to build your database.

4. Once you’ve got your communities created, consumers or groups react positively to exclusive coupon promotions. For instance, the clothing designer Armani held an exclusive in-store preview for their mobile clientele that had lines out the door and near record receipts.

5. Now is the time to start thinking about how you can incorporate mobile coupons into your marketing objectives. Your competitors are thinking about it or doing it, so don’t be left on the sidelines.

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