With 2014 officially behind us, it’s a perfect opportunity to reflect on the past and speculate on the future. At Cisco, we continue to explore how social media is used not only to generate awareness and buzz, but also to drive thought leadership, influence the customer journey and make a greater impact to the overall marketing strategy. During the last year, I’ve seen first hand how the growth and pervasiveness of social media trends are shaping new digital experiences. Here’s a closer look at our top 5 social media lessons from 2014 and what we can learn from them as we head into 2015.
1. Social analytics are mission critical
Proper social analytics methodologies can help you develop a more sound social strategy. Social listening is not a new concept, but understanding how to analyze the data and turn it into actionable insights is not always a simple task. Take for example our listening effort to determine the best strategy around the #IoE and #InternetOfEverything hashtags. While there is not a shortage of hashtag best practices such as use the least amount of characters, use the one where your audience is, and create your own unique hashtag, it’s knowing the one that is best suited for your strategy. By analyzing the usage, frequency and audiences that leverage #IoE vs. #InternetofEverything, we made a decision to invest more on the latter hashtag. The shift in our strategy led to an approximate 440% usage increase in the last 12 months.
2. Influencer marketing lends credibility to your narrative
It’s no secret that leveraging authoritative, expert voices in social content can provide deep insight into any conversation. However, there are many formats in which those conversations can happen – beyond TweetChats, forums, and blogs. We’ve seen the power of using industry analysts, pundits and thought leaders in our Future of IT podcast channel, which has received more than 6,000 downloads to date. The result is rich, engaging content that continues to get engagement over time. In fact, when combined with recap blogs, SlideShare decks with key quotes from industry thought leaders and social content across our various channels, we’ve seen more than 100,000 engagements.
3. Graphics and videos drive more social engagement
I may be stating the obvious here but it’s important to emphasize how information consumption continues to evolve in favor of visual content and short-form video. We clearly see this with the gaining popularity of visual social networks such as Vine, Instagram and Tumblr. Also, keep in mind other trends such as Facebook’s news feed algorithm update means brands need to get more creative with how they capture audience attention. We’ve learned that by visually showing the impact of the Internet of Everything on the Public Sector, we’re able to drive more engagement and social reach. And through experimenting with short-form video content such as our recent Vine videos, we’re able to increase our engagement by 500% compared to the average text social post.
4. The influence of social good campaigns can be transformational
2014 was a big year for social good campaigns such as the ALS ice bucket challenge and many others. Campaigns such as these showcase an organization’s ability to reach target audiences to shape real change. At Cisco we’ve seen the power of challenges such as the IoT Challenge for Young Women help increase awareness for our involvement in emerging tech development.
5. Social demand generation can drive demand for goods and services
With 67% of consumers (and 94% of B2B buyers) conducting their own research on goods and services online before making a purchase decision, how brands show up on social media can have a great influence on sales. This goes back to ensuring there is a good content strategy, as well and a digital journey that can be effectively tracked all the way to purchase. Admittedly, this is an area we are continuing to explore and refine, but have already seen initial success. We do see huge upside potential and will continue to explore.