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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

How to use social media for content promoting

Nowadays, many businesses have discarded content marketing because it has many things to create and promote that it has become time consuming. But, today's consumer need more information about brand relationship and trust. Social media is becoming an important source of information through various channels. Organizations should drive people to that blog or to other pages on the website where they can get things of value and it should be done very effectively. Nicole Boyer (a valued contributor to Business 2 Community), writes in her article about some ways to make your social media promotion the best it can be. They are -  1) Use related visual which engages more consumer to like and share information 2) Headlines does count, so it as to be catchy and appealing. 3) Choose the right platform for posting content according to the target audience. 4) Multiple posting is also becoming trendy to gain attention by changing names or headlines. But you should know the perfect time for re-sharing. 5) Try to keep the conversation rolling by adding comments and feedbacks from readers. Lastly, get everyone to share your post. Read more at: http://www.business2community.com/social-media/get-social-9-ways-promote-content-brand-social-media-01411863#pBWAtI7cbRYeEqG8.97

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New trends in financial service industry

Nowadays, the financial service industry is using social media to connect with their customers. But, as financial brands have begun to adopt digital and social media strategies, some trends have emerged. To know more about these trends, follow: http://www.business2community.com/finance/digital-and-social-media-trends-for-the-financial-services-industry-01353321#6IeZz8JZ8hZ0R7Th.97

 

 

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Points to be considered before launching an app

Social media is important in today’s world and is also playing an important role in pre-launch publicity. If any organization can create a presence of their app before it is launched, then they can increase interest and initial users will be generated. The most important thing to be considered before your app launches, is to get your audience to sign up to be notified when your app launches, and for this you must create a social media account at first. Read more at: http://www.business2community.com/mobile-apps/7-ways-to-launch-your-app-on-social-media-with-a-bang-01328719

 

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Social Media Marketing for Small Retailers

Of late social media platforms have become essential tools of marketing tools for all types of businesses, including retail. Nearly 70% of the active Facebook users in the US and Canada follow local businesses. A survey found that nearly 40% of consumers make a purchase after having viewed the commodity on social networking sites alone. For any retail chain that is a big number. Having said that, here are some social media marketing tips to aid your business.
Share your top picks
Of all the items that you house choose a few with unique selling points and highlight them as top picks. Alternatively you could enlist popular choices of your employees and celebrities as well.
Tell your followers what new at your stores
Frankly no one has the time to visit your store every week just to know what is new. Save their time as well as yours by announcing new products on your social media page.
Send special event invitations
If you are planning to organize any event at your store, make sure the whole social media knows about it. This will help you gain some much needed customer attention.
Offer exclusive deals
Nothing works better in molding buyers buying preference that exclusive offers and tailor made deals. Get your customers hooked onto your social media page by offering them some special deals. Also you could devise some loyalty programs for the more frequent buyers.

For more information visit:
http://www.business2community.com/social-media/guide-to-social-media-marketing-strategy-for-small-retailers-01276120?iid=ob_article_footer

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The need of the hour: social media marketing consultant

Hiring a social media marketing consultant can help a company build long term relationships, brand awareness and lead to sustainable growth. Time is of the essence in any business venture. A consultant brings to the table the skill to assess business needs, competition in the market, the targeted audience and builds a smart and efficient digital marketing strategy. Social media is a field that operates 24/7. Keeping that in mind, using social media to promote businesses can lead to increased profit margins. On the other hand, a social media consultant adds to the business valuable information about the market. It helps in making a well informed and better business decision. Social media intelligence also makes it possible to reach out to customers faster making an impact in the business. To know more, please follow: http://www.business2community.com/social-media/3-ways-a-social-media-consultant-increases-your-revenues-01266289

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Improved Social Healthcare

Just like the earlier days, even now we view healthcare solutions in two-dimensional ways – patient-doctor relationship or technology revolutionizing patient’s health and wellness. The problem gets more acute with invention of new technology solutions. But if we don’t intervene to gather the data and use them, there’s no use of new technologies such as wearable devices. Thus real collaboration is required where every member connected to the patient acting as a crew member can steer the patient towards possible better health. Everyone working collaboratively can harness the power of technology and big data, to deliver a 360 degree-solution built around the patient. Implementing the approach of multi-stakeholder interaction of social media, can make true social healthcare realize its potential. Read more at:  http://www.socialmediatoday.com/social-business/paul-tunnah/2015-07-09/effective-healthcare-requires-social-approach

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Five Practices For Successful B2B Social Media Programs

Marketers are concerned about the social media programs that they undertake. It often gives the impression that they are plunging into social media but however they don't really get the desired results. The five steps which ensure that B2B social media program come apart in place are as follows:

  •  To be familiar with the buyer's behavior by investing in a social listening platform will help to keep updated with the existing media activities.
  • Creation of people's content would enable to build trust with prospects.
  • Creating and sharing the brand content actively on various social media channels to grab buyer's attention.
  • Capture prospects, customers and influencers to focus on establishment of relationships and not sales.
  • Tracking and calculating social media progress in order to know that the company is in which stage with the social media.

Read more at: http://www.cmswire.com/digital-marketing/b2b-social-media-5-practices-for-doing-it-right/

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Analytics Help Media Companies To Raise Sales

Media companies are taking advantage of advanced analytics and technology in order to increase their sales. Hence it allows advertisers to foresee what ROI they might anticipate from an investment in different channels and how this basically generates revenue. Advertisers are also interested about the exact efforts that they need to pursue to improve the results.

Daniel Kehrar (VP Marketing, MarketShare) in his article on Forbes indicated the five rationales which led media companies to move towards performance-based selling and they are as follows-                       

* Advertisers are under greater security.

* Brands are growing accustomed to analytics.

* The technology to accurately and cost-effectively predict advertiser outcomes is here.

* Advertisers want more.

* Better data and analysis brings greater credibility.

 For further details on this study, please follow the link: http://www.forbes.com/sites/forbesinsights/2015/06/25/4-ways-analytics-are-helping-media-companies-sell-outcomes-over-eyeballs/

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Five Point Text Anaytics Fundamentals

Text data is the best answer in understanding customer feedback. It is best for answering the why and what questions. Text Analytics is becoming mainstream as interest is pouring in. Sources include call center notes, email messages, social media etc. Following Fern Halper's TDWI article, 5 fundamentals include: 1. Text analytics involves analyzing unstructured data to extract relevant information.
2. Extracting various information in the form of keywords, entities, concepts and sentiments
3. Considering taxonomy, while dealing with specific vocabularies.
4. Integrating text data with traditional data, depends on the kind of data
5. Text data is not as accurate as statistical techniques
To know more 
http://tdwi.org/Articles/2015/06/23/5-Text-Analytics-Fundamentals.aspx?Page=2

 

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Struggling for customers? - NOT ANYMORE

Social media has changed the retail environment by becoming the new consumer watchdog and has bring forth new challenges. It has changed the way people see news and learn about new products. If used wisely, mobile, digital and social media can be a powerful business weapon. Another great weapon is Customer service!
For instance a good customer service where you resolve a problem quickly can have a great influence on repeat purchases.
By being ferociously committed to customer service you can contribute to the success of your company. We need to remember a few basics-

1- Understanding customer needs- its very important to listen and show interest in customer needs.

2-Stepping into your customer’s shoes- Human beings like to be treated nicely so it’s important to show the customers you care about them and they matter.


3-Providing extra benefits- Going beyond customer’s expectation insures speedy success.


Read more here- 


http://www.callcentertimes.com/Articles/tabid/59/ctl/NewsArticle/mid/407/CategoryID/1/NewsID/988/Default.aspx

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Digital Transformation Through Analytics

As the number of smart wearable technology is growing, companies who have the potential to rapidly optimize their value chain are growing into a digital business through competitive advantage. Customer’s loyalty is also increasing with the changing rules of their digital lives. Their experience can be transformed by improving their understanding with analytics, enhancing top-line growth and through social media. To transform operational processes, process digitalization is must along with enabling proper staff and their performance management. Thus to transform business, every business is now digitally modified to make digital globalization. In this way, companies worldwide are adapting digital transformation with social media, mobility, big data analytics and cloud to make a better business plan than others. Read more about this article at:  https://channels.theinnovationenterprise.com/articles/digital-transformation-a-need-of-now

 

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Social Media In Context Of Business

Social media and networking sites are helping businesses and companies to grow. The social media not only helps as a platform to communicate with the customers and build up a brand reputation, but it also helps the way business is run. It also helps business enterprises to collaborate across departments, offices, countries, and with other business houses as well.  According to recent studies, social media analytics along with predictive analytics is going to be the most effective technology for business development. Its impact will be greater than internet of things and mobile payments. So embracing this aspect will be necessary for a business to survive.To know more read: http://www.cio.com/article/2937401/social-collaboration/how-collaboration-tools-can-turn-your-business-into-a-social-enterprise.html

 

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Know What Your Customers Feel

In business, one not only has to keep a track on competitors and a close watch on the market but also keep a tab on what the customers are feeling, and how they are responding about their products in social media. Luckily with the advancement of data analytics many such tools are available and are becoming popular. One such marketing tool is social mention, which is a search engine which searches any social mention of the topic in social media there are other tools such as quora, tweetreach, etc. These platforms enable a business leader to evaluate customer sentiments and use it for business development. Read more at: http://www.huffingtonpost.com/jayson-demers/7-marketing-tools-to-find_b_7605262.html?ir=India&adsSiteOverride=in

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Improving customer service in social media

A recent survey has revealed that brands active on social media gather bad reputation for their qualitatively poor customer service. Brands should improvise techniques to improve customer service keeping in mind the statistics revealed by the survey. Brands should allow people to post on their pages in social media only if they intend to review and respond to those. Responding to queries could simply involve thanking the customer for their valuable feedback and also complaints should be never left unattended. Customer service team should be made a part of the social media so as to provide a better social media customer service. Read more at: http://www.business2community.com/social-media/state-social-media-customer-service-experience-01251083

 

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Economical marketing techniques

Marketing is an important way to reach out to customers. But start-ups may find it difficult to splurge a huge amount of money for marketing. So here goes a list of 5 pocket-friendly marketing techniques: i) Social media as it is an entirely free and easy-to- learn resource. ii) Conferences are also a good platform to share knowledge about one's organization with other business people. iii) Companies can offer free trial of their services or a free sample of their product. iv) Word of mouth from influential people. v) Providing customers with the proper description of their product or service and its usefulness. Read more at: https://channels.theinnovationenterprise.com/articles/5-tips-for-marketing-on-a-budget

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Data Intelligence, Competition And Business

Cut throat competition- a phrase that is enough to describe the fierce competition in today`s business scenario. Regardless of which industry one belongs to, their competitors are always there, and keeping track of their activities and decisions, most importantly searching for their customers. So it is important for business leaders to monitor the activities of their rivals as well, and keep a tab on their competitors, in order to retain customers. There are many tools for monitoring, one such tool is spyfu, which can be used to track down what the opponents are searching online. Another way is to use the social media, such as observing what the competitors are doing in public forums and how people are responding to that. To know more, read: http://www.huffingtonpost.com/brett-relander/know-your-competition-wit_b_7555660.html?ir=India&adsSiteOverride=in

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Tips to manage customer’s privacy and customer’s digital expectations

“Social media is a pivotal element in the healthcare marketing, and an essential tool for patient education and relationship development.”- Anne-Marie Montague (Senior Writer/Strategist PCI)
Consumer digital expectations and patient privacy protections are inversely related. This makes important for health care organizations to invest in the strategy, governance and vigilance deliver a good social media presence to its customers. Tips to manage customer’s privacy and customer’s digital expectations:
• Realistic and Proficient Social Team Staffing – and Authority
• Clear Internal and External Social Media Policy
• Staff training
• Contingency Planning
• Internal Partnership for Timely Response
• Continuous Review and Assessment
Read more at: http://www.mediapost.com/publications/article/252221/social-media-considerations-for-healthcare-markete.html

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Effective ways of marketing

Marketing has undergone transformation over years. Marketers can now measure every aspect of what customers do with a variety of metrics. Engaging with my audience to convert to sales is the key to marketing. While promoting products and services, marketers should be aware of how their brand is perceived by the audience which indicates how to communicate with them. Knowing how demographics react to different promotional strategies will help marketers formulate targeted marketing campaigns. Marketers should use social media to check what people are saying about a particular campaign and thus capture the customer sentiment. Thus the best marketing campaigns are those that are edgy and experimental. Read more about this article by Gabrielle Morse (Global Events Director) at: https://channels.theinnovationenterprise.com/articles/the-4-golden-rules-for-collecting-marketing-data

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Achieving success in digital marketing

The key to successful digital marketing lies in its content. Original, interesting and varied content will catch customer’s attention. Digital marketing campaigns should be both written and visual, rich in information, images, videos etc. One should keep an eye on metrics to make a note of most attracted posts so as to improve one’s content. As almost every individual now possesses a smartphone, marketers should make sure their advertisements are mobile friendly. Social media, with its rising popularity, can be used as a platform for marketing to specific demographics. Customer’s trust might show up the brand loyalty, increasing the chance of sharing and promoting their marketing on social platform. Read more about this interesting article by Maria Maguire (International Events Director) at: https://channels.theinnovationenterprise.com/articles/5-ways-to-improve-your-digital-marketing

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E-Mail Marketing is better than Social Media in generating leads

According to KC Claveria (Marketer from Vancouver, B.C.), if social media used rightly, can help you in maintaining better relationships with customers. According to the Mckinsey & Company report, “email conversion rates are 40times higher as compared to Facebook and Twitter combined.” This shows that for generating leads, email marketing is very important. Email marketing is better than other marketing channels because:
• With email, you’re reaching an audience that already knows you.
• There’s too much noise on social.
• People are more likely to see (and click on) your email.
• You get to say more on email.
Read more at http://www.business2community.com/email-marketing/why-email-marketing-beats-social-media-in-lead-generation-and-what-you-can-do-about-it-01246702#5FUji2OQheQ8LXzA.99

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