The Future of Digital Marketing: Lessons Learned from the 2014 Internet Summit

By Michelle Rash

Digital marketing is facing a brave new world. Not only do industry professionals have to keep up with the constantly evolving climate, but they are also working in an environment where success and failure can both occur within a matter of minutes, and in a very public fashion.
These are just two main points emphasized at the Internet Summit in Raleigh a few weeks ago. In addition to digital marketing, industry experts discussed the latest trends in social media and search engine optimization (SEO), as well as tools, techniques and tactics that are beneficial to building customer communities and driving sales.
One of the key messages for me was that success in digital marketing means taking risks. While most companies want to play it safe and stick to the “tried and true,” for digital marketing to truly resonate, businesses and marketers need to step outside of their comfort zones and experiment – see what works, what doesn’t and adjust campaigns as needed.
Speakers also emphasized that not every campaign will go viral or generate instant buzz. One common analogy I heard was that in baseball there are a lot more base hits than there are home runs – so it is with digital marketing. But, as in baseball, several base hits can still lead to a winning strategy.
Other top insights I gleaned from the Internet Summit include:

Marketing influences sales

As a communications professional, I deeply believe in the power of marketing, media relations, advertising and social media to reach potential customers and strengthen a brand’s reputation and image. The Internet Summit was a nice reinforcement of the increasingly vital role these elements play in the sales funnel – and how important it is to make sure all messages across all media are communicating the information you want to share to the right audience.
People are increasingly relying on websites, word-of-mouth and social media to research what product they want to buy or service they want to use before setting foot in a store or picking up the phone to call a sales rep, according to Jodi Wearn, product marketing director for marketing software company Silverpop. In fact, studies have found that as much as two-thirds of the buying process has been completed before businesses may be aware that an individual is a prospective customer. This means it is very important for businesses to tell a good story across all digital channels and work hard to maintain a solid brand reputation.

Quality content remains king

One of the key messages of many of the sessions at the Internet Summit was that creating content remains a key part of any marketing and public relations campaign. But what was also emphasized repeatedly is that the content has to be high quality and meet the needs of your customers – which will vary widely depending on your brand.
Chris Moody, director of content and social marketing for Oracle, said that in 2008 there were one trillion pages indexed on Google; today there are more than 30 trillion. That means there is a lot of competition for your audience’s attention – so the content you create needs to be more targeted and focused on their needs than ever before. Focus on what your customers care about, not on what you think they should know.

SMS (text message marketing) becomes crucial

The era of email marketing is coming to an end and we are now entering the era of SMS, or text message, marketing. Research has found that 95 percent of text messages are opened within three minutes, said Wearn of Silverpop. While a growing number of people will automatically hit ‘delete’ on a marketing email, research has found that 90 percent of similar text messages will be opened. Conversion rates on well-crafted text message campaigns can be as high as 40 percent, much higher than even the most successful email campaigns. While Wearn said text message marketing may not be a good fit for every company or campaign, it should remain an ever growing part of the marketing discussion.

Facebook changes gears

Several speakers talked about how changes in Facebook’s model over the years now make it harder for brands and businesses to organically reach their “fans.” For even the largest of brands, only about 2 percent of fans now see unpaid content shared on the social network, and many expect that even this percentage will decrease in the coming months and years. (Even earlier this month, Facebook said it was going to push brands toward a more advertising-focused model.)
However, many brands still focus most of their social media time and energy on Facebook. While Facebook – especially paid ads and promoted content – will likely remain a staple of the social media landscape given its large presence, many speakers encouraged brands to focus more on other social media outlets. It’s important that brands understand their customers, what social media channels they are using – whether that is Instagram, LinkedIn, Pinterest, Snapchat or one of the dozens of other sites – and find a way to engage them there. As the number of social media options grow, it will be increasingly important that brands identify the one or two key mediums for their audience and message, and find a way to create relevant, engaging content for those platforms.
As we look ahead to 2015, RLF is continuing to look at the most effective ways to tell our clients’ stories, both in the emerging technology and in some more traditional ways. We are excited about the possibilities some of these digital methods are creating to allow us to hit multiple base hits, and hopefully a few home runs, on behalf of our clients.

Having Trouble Generating Coverage? Try Social Media

By Michelle Rash

There is a growing body of evidence that reporters are not only turning to social media sites like Twitter, Facebook and LinkedIn for recreation, but also for sourcing and research. For example, one survey found that nearly 45 percent of reporters read a corporate blog when conducting research on a specific company and that a quarter of all journalists visit a company’s Facebook page to gather information.
This ultimately raises the question – are companies doing enough on social media to generate the positive press coverage they want? While many companies are still shy about tapping into the power of social media to engage with reporters, one of our clients has recognized the value it can hold.
A Case Study
More than a year ago, RLF began managing a Twitter account for one of our clients targeted specifically at the media covering that industry.
Since taking over the account, it has grown from roughly 500 followers to more than 1,300 followers, including reporters at some of the nation’s largest newspapers, industry bloggers and government regulators. Through this account, RLF has been able to reach out to followers to promote research and press releases issued by our client, share the company’s point of view on important industry issues, and have conversations and engage with key reporters.
This interaction has led to some positive media coverage. In the most notable example, after seeing a tweet by the Associated Press promoting upcoming coverage on a variety of topics related to this client’s industry, RLF responded via tweet asking if sources were still needed for the stories. Less than 48 hours later, a spokesperson for our client was being interviewed by an AP writer for a story that earned national coverage.
Powerful Tools
While not every company needs to create a unique Twitter account for the media, companies should remember that Twitter, Facebook and other social media sites can be powerful tools for media outreach. Many news organizations and journalists have their own Facebook and Twitter accounts (this study found that four out of five business journalists use Twitter daily). Find which ones matter to your business and your industry, and connect with them through these channels. Praise a story, provide feedback on a topic they are covering, or find other ways to engage to help boost their awareness and increase your credibility.
On the flip side, as a growing number of reporters are using social media for work purposes, it’s important for companies and their spokespeople to understand that news is now more instantaneous than ever. I have seen reporters live tweet from events and press conferences, and tease out the details of interviews as soon as the discussion is complete. Things that were once considered too minor or irrelevant for a print or broadcast story may now get mentioned in a blog or on a Twitter feed. This makes it even more important for those being interviewed to be aware that once something has been said or done, it cannot be taken back. This should not dissuade you from interviews, but just as social media creates more opportunity for positive exposure, there is more opportunity for error.
Our experience with Twitter has found the benefits of social media, whether for customer engagement or media outreach, far outweigh any risks. As media keeps evolving, successful businesses must partner with companies such as ours to make sure both the message, and the medium in which it is delivered, are correct.