понедельник, 23 октября 2023 г.

26 Sales Contest Ideas to Motivate Your Sales Team in 2023

 


Written by: Dan Tyre

Discover the best practices and prize ideas to craft a sales contest that gets results.

With economic turbulence and drastic changes in work environments, your sales team is likely burnt out right now. A well-designed sales contest is one of the best tools in your arsenal to combat this burnout.

Keeping your team members engaged, motivated, and inspired is often far trickier than teaching them what to say on a connect call or in a prospecting email. Check out this list of sales contest ideas and execution to motivate your sales team and make selling fun again.

15 Engaging Contest Ideas

Here are 15 of our best sales contest ideas to try out in your office — whether in person or virtual. Many of these sales contests can be run simultaneously or within the same period.

Pro tip: Use several contest ideas during the year to allow salespeople with different talents to get a moment in the spotlight.



1. Daily Prizes

Run a daily sales contest and give away a daily prize. Each day could have a goal (e.g., most calls on Mondays, biggest sale on Tuesdays, etc.), or you could run the same contest daily and reward each winner with a daily prize.

Pro tip: Create an atmosphere of fun surrounding daily prizes by having a drumroll or hype song before declaring the winner.

2. Salesperson of the Month

Salesperson of the month is a common sales contest. Choose a top salesperson, either quantitatively by most sales or biggest deal or qualitatively based on the manager's choice. They would then be Salesperson of the Month and receive a recurring prize.

Pro tip: Bring up the current salesperson of the month topically in meetings (with applause) to both recognize their efforts and encourage participation.

3. Conversion Contest

Run a sales contest to reward the salesperson with the most lead-to-customer conversions. You could reward this winner daily, monthly, or quarterly.

Pro tip: Strengthen your marketing and sales alignment for this contest so your sales team can access and convert any marketing-qualified leads (MQLs).

4. Upselling or Cross-Selling Contest

This contest rewards the salesperson with the largest or most significant upsell or cross-sell. This encourages your sales team to find opportunities to make additional sales with current customers, such as additional software or a larger subscription plan.

Pro tip: Regularly discuss new techniques to upsell and cross-sell, letting your sales staff share success stories so everyone can learn.

5. Retention Contest

Similar to the previous two contests, a retention sales contest rewards the salesperson who's retained the most customers or perhaps has the longest-running customer for the month, quarter, or year. This encourages your sales team to boost your customer retention and, therefore, your ROI.

Pro tip: Check out this article on retention techniques and share it with your sales team.

6. Customer Reviews

This contest is a little different from the others on this list. A sales contest centered around customer reviews essentially rewards the salesperson with the most or most positive customer reviews.

Review contests are a bit more involved, as they require your sales team to ask for customer reviews after sales calls or meetings. But this can be a good thing — it encourages your team to collect live feedback and learn more about their customers' experiences and how to improve them.

Additionally, your team can report these reviews at large sales meetings and perhaps to your broader team and organization.

Pro tip: Customer reviews are vital for local SEO, so try to get customers to review your sales team and organization online.

7. Sales Bingo

Sales bingo is a multifaceted sales contest that allows your sales team to pursue many smaller goals. Similar to normal bingo, sales bingo requires a 5 x 5 bingo chart filled with objectives such as:

  • Book a meeting with a director.
  • Schedule three demos.
  • Make 25 calls.
  • Send five LinkedIn messages.

You'd then pass out the sales bingo cards and ask your team to mark off the objectives as they complete them. (Remember the Free box in the middle!) The first person to get five in a row would then win a prize.

Pro tip: Run your sales bingo contest within a specific period (monthly or quarterly) so it doesn't go on too long.

8. Most No's

A “most no's” sales contest is another unique yet positive one. I don‘t know anyone — including salespeople — who enjoys hearing the word "No." This sales contest essentially rewards the salesperson on your team who receives the most "No’s" within a week or month (or a period of your choice).

This contest makes your team comfortable with hearing the word “No” and encourages them to make as many calls as possible, pushing past objections and refusals.

Pro tip: Getting lots of no’s can be stressful. Take the pressure off with a lighthearted discussion where sales staff can share funny “no” stories and commiserate.

9. Best Pitch

This is the only sales contest on the list that can be held either internally. A sales contest for the best pitch rewards the person on your team with the best sales pitch.

You can determine this winner in a couple of ways — either hold a meeting where everyone can present their pitch and then vote for the best (but not themselves) or have your team present to VPs and executives to receive feedback.

Pro tip: Regular role-playing sales pitches can improve closure stats, so include sales scenarios regularly in meetings.

10. Sales Bracket

The last and perhaps most involved sales contest is a sales bracket contest, similar to March Madness. In fact, I've seen it called “Sales Madness.”

To run this contest, create a bracket including your entire sales team. Set a threshold for each pairing (salesperson with the most sales, biggest sale in the month, most “Nos,” etc.) and choose a winner to move on to the next round.

Eventually, you'll end up with a “championship” round that will result in an ultimate winner. The sales bracket contest is unique as you can run a different sales contest for each round, raising the stakes as it nears the championship round.

Pro tip: Make sure your leaderboard/bracket is viewable to everyone and frequently updated.

11. Most Improved

A most improved contest gives your low-performing sales team members a chance to shine. Determine at least one KPI you want to measure, such as meetings held, phone calls, new customers, etc., and track which member of your team blows their previous records out of the water.

Pro tip: If you choose this contest, you must meet one-on-one with all sales staff to establish their past averages so they know what goal they should have in mind.

12. Raffle

A raffle with several prizes lets people bet on the items they want. Choose which KPIs to incentivize and track and give your team members tickets when they experience success.

Pro tip: Make each prize worth around the same amount, or you will have a lot of competition for the big prize and not much interest in the smaller ones.

13. Buddy Selling

Try a collaborative selling contest idea with buddy selling. Pair your team members and have them work together to see who can close the most sales. The pair that generates the most revenue or closes the most deals wins a prize.

Pro tip: Consider pairing high-performing salespeople with lower-performing ones so everyone can learn.

14. Increased Commission

This is a contest that everyone can benefit from. Choose a day when commission can be raised a couple of percentages, and let your team know. During those 24 hours, sales teams can make more commission and will be incentivized to make more sales.

Pro tip: You can hold this increased commission day during your slow season, giving you and your sales team a much-needed boost.

15. Content Contest

Did you know that content can improve conversion rates by 161% across all industries? Work with your marketing team to identify key pieces of content you want pushed, such as a guide, white paper, or webinar. The salesperson who gets the most downloads or attendees for the content wins!

Pro tip: Be sure to include an entry in your form field that lets leads put in who referred them to the content so they can get credit.

Sales Contest Prizes

11 Motivating Prize Ideas

Curious about what you can reward your sales team with when they win your sales contest? Here are 11 sales contest prize ideas. Note how some may be more appropriate for larger, longer sales contests, and some are a good fit for those daily and weekly contests.

Pro tip: If you're wondering what will incentivize your sales team, ask them. Run an anonymous survey for prize ideas.


1. Monetary Prizes

A monetary prize is pretty straightforward — simply reward your sales contest winner with a dollar amount provided in cash or as a bonus on a paycheck. (Don't forget to talk with your accounting team if you opt for this decision.) Larger monetary prizes are more appropriate for long-term sales contests and keep your sales team interested and engaged.

Pro tip: Include prize amounts in your quarterly sales budget so executives know about this upcoming expense.

2. Gift Cards

A gift card prize is a fun way to support a local or beloved business and can be perceived as something outside a normal compensation structure. Consider gift cards for restaurants, movie theaters, gas, or prepaid all-purpose gift cards.

Pro tip: Buy gift cards that the winner will actually use. For example, if one of your salespeople is a vegetarian, they likely won’t appreciate a gift card to a steakhouse.

3. Electronics or Equipment

Give away electronics or equipment as sales contest prizes. This could include a computer or phone, or even non-work-related “toys” like a grill, luggage, camera, or coffeemaker.

Pro tip: If you’re not planning on covering the taxes included in a prize, let your sales staff know so they can choose whether to accept the prize and pay those taxes.

4. Complimentary Meals

Reward your sales contest winner with free lunches for a week or month. Perhaps you offer to order in, cater lunch for a period of time, or have your winner expense their meal.

Pro tip: Set a spending limit so you can predict the cost.

5. Boss for the Day

Put your sales contest winner in charge for the day, literally. Let them work in your office, park in your parking spot, or even run or join a meeting they otherwise wouldn't.

Pro tip: Make this prize even more fun by giving them an outfit that mimics their boss’s daily wear. For example, if you have a mustache and wear glasses, give them these props as part of their prize.

6. Free Tasks from the Boss

This reward gives away something arguably more valuable than money — time. Reward your contest winner with a free task to be completed by you. This gives your winner a chance to give away a task or project you can take care of.

Pro tip: Let your team know they can choose a funny task outside of work, such as cleaning their house, washing a car, or cooking a meal.

7. Free Vacation Day(s)

Everyone loves a day off. Give away a free vacation or personal day as a sales contest prize. Since this one is so valuable, save it for a longer, larger sales contest that runs less frequently.

Pro tip: Consider also giving a certificate to watch a movie or a pass to an amusement park so your winner can make the most of their day off.

8. Free Personal Development

Reward your sales contest winner with a free sales training seminar, educational stipend, or book they can use for personal development. Be sure to consider the demographic and interests of your sales team, as some folks may not be interested in or have time for this prize.

Pro tip: Consider letting your winner use their personal development stipend on a non-work related prize such as a pottery or photography class.

9. Floating Trophies

A floating trophy prize is exactly how it sounds — a trophy or plaque that is rewarded to and passed between the winners of a weekly or monthly sales contest. This type of prize is typically paired with a smaller incentive like a gift card or small monetary prize, although it carries bragging rights in and of itself.

Pro Tip: If you want your winner to get attention from other departments and visitors, be sure to choose an eye-catching and unique trophy they can display on their desk.

10. Promotions

If a new position opens up, consider motivating your team with a promotion. Salespeople typically thrive off competition, especially if something as big as a promotion is available. So, let your team know that the contest winner might be the next boss.

Pro tip: Consider being transparent about salary increases and title changes before awarding the promotion so everyone can manage their expectations.

11. Winner's Choice

Provide your sales contest winner with a variety of prizes to choose from, whether listed here or not. This keeps your entire sales team interested and engaged in your contest and working toward the prize regardless of their interests.

Pro tip: Similar to a complimentary meal prize, you will want to set a limit for the cost of a winner’s choice prize.

How to Run an Effective Sales Contest

In the past three decades, I’ve learned a great deal about effective sales contests (often by making mistakes). Here are six of my biggest takeaways.


1. Keep it simple.

Your salespeople shouldn’t have any trouble understanding the rules of your contest. When it’s hard to understand how to win — or who’s currently in first place — their enthusiasm about participating takes a hit.

What does a simple contest sound like? You could reward every salesperson who meets a certain target for meetings set or give prizes to the five reps who increase their calls-to-demo rate by the highest percentage.

Aim for a contest you can explain in two sentences or less. And if you’re still unsure if it’s confusing, ask one of the senior salespeople on your team for their feedback. (As an added benefit, they might spot loopholes or problematic rules you’ve missed.)

Pro tip: Be sure to hold only one contest at a time. This guarantees you won’t distract your team from the behavior or outcome you’re trying to promote.

2. Make it fun.

Contests should have an element of fun. A little levity helps your salespeople bond and makes the competition more memorable.

To give you an idea, I used to give away my services to the winning salesperson. I’d wash the rep’s car, pick up their dry cleaning, even clean their house — whatever they wanted.

It’s always fun to see your boss doing a menial task. This type of prize also shows your team you’re devoted to their success (and have a great sense of humor!)

Pro tip: Try crafting your contests around office inside jokes as well. For example, perhaps the winner gets to take everyone to lunch at a local restaurant the entire office loves.

3. Involve your sales team in the planning process.

Alternatively, let your reps choose what they’ll win. I used to get everyone in a room and ask, “Do you need a team motivation program?”

The answer was always yes. I’d explain the contest rules, then say, “You’ve got X dollars — decide what the prize or prizes will be.”

This strategy has three effects:

  • Your reps are more invested. Having direct control over a major aspect of the competition drives buy-in from the start.
  • The reward isn’t what you think they want; it’s what you know they want.
  • Your salespeople will feel gratified by your decision to hand over the reins.

Pro tip: Even if you don’t use an idea for a particular contest, keep a record of it in case your team wants to use it for future contests.

4. Give daily or weekly updates.

Few people stay committed to a competition if they don’t know where they stand. Strive to give daily or weekly updates, depending on how quickly each salesperson’s status changes. At HubSpot, we typically put up a live dashboard so every rep can check on their progress whenever they’d like.

Some salespeople will check it every hour — that’s how intent they are on being number one. Imagine losing this powerful motivator just because you didn’t keep your team up-to-date.

Pro tip: Have your team log sales in HubSpot’s free CRM software so everyone can be updated in real time.

5. Don’t make false promises.

It might sound obvious, but never promise a prize you can’t deliver on. In 2002, a waitress who won a sales contest for a new Toyota was understandably furious when she was presented with a toy Yoda instead.

She sued her employer — and won.

If you don’t deliver what you promised, your salespeople will lose trust in you (not to mention, all motivation to engage in future competitions). Before you announce a prize, calculate what you’ll be on the hook for if your reps do as well as possible. You might not be able to afford the reward if they really blow it out of the park. When in doubt, skew conservative.

Pro tip: Supply chain issues can make finding prizes like tech difficult. If your winner wants something you can’t find, let them know quickly so you can get them an alternative prize or offer a gift card so they can buy it when it is available.

6. Hand out prizes ASAP.

I once gave my salespeople their prize money nine months after they’d won it. Needless to say, they weren’t happy.

You’ve set a deadline for the contest — why should the deadline for the award be less important?

Distribute prizes as quickly after the contest ends as possible. It’ll be far easier to rally your team for the next contest if they’re not still waiting for their prizes from the last one.

Pro tip: Create a reminder for yourself at least a week out to purchase the prize or make plans for delivering the chosen incentive.

Sales Contests = Sales Results

Follow these sales contest ideas, prize recommendations, and guidelines, and your sales contests will noticeably impact your team's motivation, camaraderie, and, just as importantly, their results.

https://blog.hubspot.com/sales

20:20 Hindsight

 


Hindsight bias

‘Hindsight bias’ has been defined as believing that the onset of a past event was predictable and completely obvious, when actually, the outcome could not have been predicted. Politicians, media (and social media) commentators, and sometimes Counsel Assisting commissions of inquiry, all demonstrate a tendency to this form of cognitive distortion. Directors and managers are no less at risk of this.

Three levels of hindsight bias have been identified as follows:

  • Predictability – “I KNEW it would happen”
  • Inevitability – “IT HAD to happen”
  • Memory Distortion – “I SAID it would happen”


While understanding the risk of hindsight bias, non-profit directors and managers nonetheless have an obligation to reflect on past events in order to identify opportunities for improvement, or the need for new control measures to prevent an adverse event from occurring or recurring.

From my observations, directors have little difficulty looking at their historical development to gain insights which allow them to foresee an imagined future strategy. They can recognise that hindsight, insight and foresight are really three aspects of one activity. It is less common however, for directors to recognise that the same can be said of incident analysis as a source of insights about ways to improve future risk controls.

Systematic Cause Analysis

In a recent post, I explored a process of root cause analysis following a risk event, using a set of questions to determine what happened, the contributing factors and the basic or root cause of the incident or event.

A variation on that method is called the Barrier Based Systematic Cause Analysis Technique (BSCAT), illustrated below, which takes the analysis down to the level of preventive and mitigation controls to ask which of these failed and why. This process allows identification of missing or ineffective controls which, had they been well designed and applied appropriately, would have prevented the incident.

The recent NSW Ruby Princess Inquiry, the Victorian Hotel Quarantine Inquiry and the Federal Aged Care Royal Commission all offer topical insights into risk management failures. They also share certain common factors, including under-funding, poorly structured coordination structures and processes, and people at all levels being expected to respond effectively to a massively complex collection of challenges ‘on the fly’.

As we have seen during the pandemic, people involved in response roles across all sectors had no opportunity to catch their breath, and to do the kind of detailed planning which is a foundation for effective response coordination. Often, they were working extended hours, suffering stress and exhaustion, and yet they are still expected to make fault-free decisions.

In some ways, the accumulated impact of government decisions over some decades meant that the capacity to respond effectively simply wasn’t there. The system failed. Both conservative and progressive governments have played their part in that legacy over an extended period.

To the extent that incident analysis indulges the luxury of looking back with 20:20 hindsight, it may seem obvious now what steps and systems would have helped prevent each crisis. For those of us faced with responsibility for managing future risks, the precise nature of which we cannot know, the benefit of allocating time to incident analysis is that we gain insights into at least some of the types of issues we could be faced with. Those insights can then translate into control measures to prevent risk events, and mitigate outcomes if they do occur.

Root cause analysis seeks to ensure that an underlying causal factor is addressed so that a similar incident cannot occur again for that reason. If one only addresses contributing factors, while leaving the root cause undeclared and unaddressed, then the opportunity to take the required preventive action is missed. Thus, we can see that incident analysis is not just looking backwards. In fact, it’s a key measure by which to prevent repetition of an incident, or to entirely remove a hazard from the operating environment.

Agile non-profit strategy

Many non-profit organisations have limited resources, and yet ask their volunteers and staff to achieve success and avoid faults in executing complex strategies.

At a time when volatility, uncertainty, complexity and ambiguity (the negative VUCA) are strongly in evidence, boards and their management teams can help their people by creating space to reflect on priorities (vision), use data and insights to improve understandingclarify the short to medium term goals, and promote agility by testing and progressively refining problem solutions (the positive VUCA).

This last element is not granting permission to fail, but is offering the freedom to discover problems with an initial plan. The ‘agile strategy’ approach is meant to allow greater flexibility in strategy execution, but also recognition that a plan is likely to require adjustment along the way, whether due to unforeseen (sometimes unforeseeable) external factors, or due to insights gained through the implementation process.

Foresight bias’

If ‘hindsight bias’ describes a form of distorted thinking about the past, how should we describe distorted thinking about the future? Optimism and pessimism are the two extremes on the continuum of future thinking modes, and yet each of these in themselves represents a spectrum of positive and negative elements.

Optimism is good when it expresses confidence in growth opportunities and drives effective strategy. It is risky however, when it is simply ‘wishful thinking’. It can be unrealistic and fail to adequately account for resource constraints and external circumstances which prevent success.

Pessimism is good when it is risk averse and takes care of the people involved, the environment, and anything else that could be harmed if something were to go wrong. It is bad however, when it causes leaders to avoid new ventures and responses to emerging needs.

Boards therefore need to calibrate their risk appetite so that innovation is prudently supported, and consequently, so that progress can be achieved. Balancing entrepreneurial energy with appropriate controls is at the heart of good governance.

https://polgovpro.blog/

воскресенье, 22 октября 2023 г.

How to create and structure a social media campaign plan, step-by-step

 


To make sure your social media campaign is as successful as possible, follow our 7 steps to plan and structure your social campaigns

If you have an upcoming marketing campaign for a new product feature, or a holiday promotion that you want to capitalize on, or maybe you’re releasing a brand-new product, you will want to plan a social media marketing campaign to help spread the word.

But in order to make sure your social media marketing is as successful as possible, you need to plan and strategize the campaign in advance and consider how it integrates with other campaign activity.

How to structure an integrated social media campaign plan

Ideally, the social elements of the campaign will be part of a broader marketing campaign plan - our companion post and members' marketing campaign plan template recommend you structure your campaign using these key campaign elements:

  1. Campaign goals and tracking.
  2. Campaign insight and targeting.
  3. Key campaign messages and offers.
  4. Campaign media plan and budget.
  5. Campaign asset production.
  6. Campaign execution.

Your social media campaigns should support these broader campaign goals and plans.

What is social media marketing?

Social media covers a range of digital media enabling audience participation, interaction, sharing, and creation of user-generated content (UGC) on social networks.

Social media is both an art and a science. It’s a science because you need to test and learn what is effective on different social platforms. You need to test the techniques that gain maximum engagement and amplification on each platform by using the latest organic and paid tactics.

An integrated approach towards marketing through social media tools to monitor and facilitate interaction, participation and sharing within online communities. Commercial value can be achieved by encouraging and managing both positive and negative sentiments toward your company and its brands.

What is a social media campaign strategy?

Having a social media campaign strategy aligned with your marketing campaign plan means you will action a defined and consistent process for planning and measuring your social media marketing activities, with defined objectives structured around the campaign.

When planning your social media marketing campaign strategy, we suggest you focus on one of two key social media campaign objectives:

  1. Acquire new customers: Reach, interaction, and Community impact.
  2. Increase sales to existing customers: Volume - Quality - Value - Cost metrics

When it comes to planning your social media strategy, we strongly recommend integrating your activities on these channels across your wider digital marketing strategies - to consolidate your efforts, avoid duplication, and align your customers' journeys to and across your site.

Planning your next social media campaign in 7 steps

At Smart Insights, we have a wealth of free and premium social media resources to help marketers, managers, and business owners elevate their digital and social media strategies using data and best practices.

In the blog below, we will explore 7 steps to creating your social media marketing campaign plan.

1. Set social media campaign goals

The first question you need to ask before a campaign is: why am I running this campaign? Answering this question will determine other steps you take during your campaign.

However, after setting these goals, you need to be specific. What level of brand awareness do you want to achieve with your campaigns? More website traffic? 2,000 new followers?

To set effective goals, they need to be specific, measurable, attainable, relevant, and time-bound (SMART).

Then, after setting your goals, it's vital to state the metrics you'll use to measure the achievement of your goals.

Make no mistake, goals are extremely important. In a CoSchedule survey, it was found that marketers who set goals were 376% more likely to report success.

Moreso, it affects every aspect of your social media campaign and helps to determine its success or failure.

2. Create buyer personas

Even if you create the best campaign content ever, if you're not targeting the right audience with your content, the campaign will likely fail. That's why you need to understand your ideal target before a campaign.

A buyer persona is a document that contains extensive details of your ideal customers. This helps you to create messages in your campaigns that can resonate with your target audience.

Some details to have in your buyer persona include:

  • Name
  • Gender
  • Age
  • Income
  • Location
  • Pain points
  • Favorite social media channels
  • Hobbies
  • Interests

Knowing these details will help you create messages to build trust and convince your prospects to take action.

With a tool like Facebook Audience Insights, you can input a few details and then get more details from Facebook's huge database.

3. Choose your social media channels

When running a social media campaign, you're likely to get better results when you focus on a few social media channels.

From your buyer persona, you have an idea of your ideal audience's favourite social media channels. Most times, it also depends on the type of product or service you're offering. For instance, LinkedIn is a popular network for B2B companies because many decision-makers are present on the platform.

Another way to select social media channels for your campaign is to look at past results on your website analytics. Which channels have referred more visitors to your website in the past? Which channels have brought in more leads? Are there any quick fixes you can make?

Stating these channels will affect your campaign as each channel has its best practices. Furthermore, each channel has its best content type and posting frequency. For example, what works on Twitter won’t necessarily work on Instagram and there’s a huge difference between LinkedIn and most other major social networks.

4. Use a social media calendar

When you run a social media campaign, timing is very important.

Using a social media calendar, you can outline your content from the beginning of your campaign to the end. A social media calendar is similar to a broader marketing campaign or editorial calendar, but focusing on social media activities and posts.


With a calendar in place, your team can focus on what needs to be done at a particular time. Some important tasks to have in your calendar include:

  • Content creation overview to track that content is created in time.
  • Content curation posts: when to share curated content.
  • Employee advocacy posts: if/when your employees share updates from their personal accounts.
  • Social media updates for each channel, throughout the campaign.

Your social media calendar will help ensure that you don’t miss any important steps in your strategy, while also helping you be more productive with your time.

5. Research the right tools to boost productivity

If you're running a social media campaign, you'll inevitably need tools at various stages of your campaign. You can increase your chances of success if you have a list of the tools you want to use at each stage of your social media campaign.

Here are some aspects where tools are vital:

Content creation

Content is key. There's no point defining your audience and planning your distribution if you then post the wrong thing.

Did you know, for example, in Instagram Reels gain an average engagement rate of 1.95%, which is at least double compared to the other post types on Instagram.

Therefore, you need to make sure you are creating the right type of content to delight your audience.

A popular tool you can use to create simple images and moving graphics for your campaign is Canva. It provides templates of the ideal image size for various channels. For your videos, a tool that makes the process easy is Animoto. AI is now available to support text and image creation for social media. Canva has some of the best free options Our article on Trends and Tools for AI in marketing highlights the latest developments.


Content curation

To meet your content needs on social media, you'll need more than the content you produce. Sharing relevant content from other sources will help keep your audience engaged during your campaign.

One problem though is that sourcing these pieces of content manually is ineffective and a time drain. A tool such as Quuu or Curata can find relevant content for your pages.

Social media management

Tasks such as sharing updates, scheduling updates, social listening, collaborating with team members, and others can be accomplished through a social media management tool.

Consequently, you and your team members can carry out your social tasks on a single platform and save a lot of time. Agorapulse is an effective tool for social media management that can meet your team’s needs.


Social media analytics

You need social media analytics tools from the start of your campaign; once you know what your KPIs (key performance indicators) are, use social analytics tools to track them and see how your campaign is evolving.

With this data, you can then adjust and optimize your campaign for maximized results. To help, tools like Cyfe allow you to connect your different social network analytics, along with your website traffic so that you can track all of your results in one place.

6. Carry out competitive analysis

Performing competitive analysis can help you understand what your competitors’ strategy is like as well as see what tactics and channels work for them and which don’t. This activity should inform all aspects of your integrated marketing strategy.

Some vital parts to watch from your competitors are:

  • Social channels used
  • Type of content shared
  • Frequency of social updates
  • Results generated

Apart from watching your competitors for their great practices, you also need to watch out for their mistakes. Thereby, you can exploit them to gain an edge over your competitors.

You can benchmark against competitors to learn from their approaches to inform your campaign using a tool such as RivalIQ which is a paid social media competitor analaysi service, but includes free tools for 'head-to-head analysis'. You can also use tools made available by the social networks. Linked has a useful Competitor Analytics tool and Meta business suite offers Facebook benchmarking business insights to compare competitor pages to yours.

7. Put a system in place to track performance

Tracking performance for your campaign helps to determine the success or failure of your campaigns. More so, it can provide insights to help adjust your social media strategy even while a campaign is still running.

Another benefit you get from tracking your metrics is that it can necessitate changes for your future campaigns. It's vital to note though, that the metrics you track for your campaigns will depend on your goals.

For instance, you can use UTM parameters to track traffic from your campaign to your website. A tool such as Google Analytics will provide details about traffic from a source and its behavior on your website.


Conclusion

To increase the chances of success for your social media marketing campaign, you need a robust plan in place before you start.

This starts with setting your goals. Then, you need to understand your audience, use a social content calendar to plan the actual content, use the right tools to run your campaign, and track your campaign performance throughout.

By following these steps, you’re well on your way to developing a successful social media campaign.

By Lilach Bullock

https://www.smartinsights.com/

How Enterprises Are Using AI for Email Marketing

 Are enterprise marketers using artificial intelligence to help with their email campaigns? If so, what are the most common uses and challenges?

To find out, RPE Origin and Ascend2 surveyed 110 marketers who work for organizations with 500+ employees.

Some 24% of respondents say they're already using AI extensively in their email marketing campaigns, 33% say they're using it to some extent, 25% are not using it yet but have plans to, 14% have no plans to, and 4% are unsure.


Among enterprise marketers who are using or plan to use AI as part of their email campaigns, 50% are doing so for content personalization, 47% for email retargeting, and 47% for subject line optimization.


Respondents say the top challenges they've faced when implementing AI in email marketing have been data/customer privacy concerns (45% cite), data quality or availability issues (42%), and a lack of internal expertise (40%).


Some 45% of enterprise marketers believe AI will play a central role in email marketing in the future, 47% believe it will have a significant impact but won't replace human creativity, 5% believe it will have limited applications, and 3% are not sure.


About the research: The report was based on data from a survey of 110 marketers who work for organizations with 500+ employees.


https://www.marketingprofs.com/

The Top Generative AI Tools for B2B Marketers

 Which generative AI tools should you be considering?

For B2B marketers, this question has become increasingly difficult to answer as more and more solutions have come to market.

To help sort through the many options available, TopRank Marketing created an infographic (below) that covers more than 30 of the best generative AI tools for B2B marketers.

It looks at top solutions across a range of different areas, including visual content creation, text content creation, and SEO.



https://www.marketingprofs.com/