The CEO of MMI Agency Benjamin Spiegel speaks about social tools in the marketing context. Presented at Social Pro Conference in Las Vegas.
The marketing field has become a crowded one. With such an immense amount of money being spent on social networking, social tools have become a prevalent engine to discover resources. Mr. Spiegel argues that all these tools are unnecessary and expensive, only a few are actually required. His presentation encompasses some tips and tricks to make your setup affordable and effective. His setup includes Knime, Spitfire, Amazon RDS, Amazon EC2, and API keys.
3. “Social network ad spending hit
$35.98 billion
worldwide in 2017.”
@nxfxcom#SocialPro #24A
4. @nxfxcom#SocialPro #24A
SOCIAL NETWORK AD SPENDING (BILLIIONS) 2015 2016 2017
North America $10.10 $12.67 $15.15
Asia-Pacific $7.40 $9.66 $11.91
Western Europe $4.74 $5.82 $6.85
Latin America $0.68 $0.85 $1.00
Central & Eastern Europe $0.61 $0.70 $0.79
Middle East & Africa $0.16 $0.22 $0.28
Worldwide $23.68 $29.91 $35.98
SOCIAL NETWORK AD SPENDING GROWTH (% CHANGE) 2015 2016 2017
Middle East & Africa 52.4% 33.9% 27.4%
Asia-Pacific 42.7% 30.6% 23.3%
North America 31.0% 25.5% 19.6%
Western Europe 28.9% 22.8% 17.7%
Latin America 24.2% 25.0% 17.9%
Central & Eastern Europe 18.0% 14.4% 13.0%
Worldwide 33.5% 26.3% 20.3%
Social Network Ad Spending Worldwide, by Region, 2015-2017
Note: includes paid advertising appearing within social networks, social network games and social network apps; excludes spending by marketers that goes toward developing or
maintaining a social network presence; numbers may not add up to total due to rounding
Source: eMarketer, April 2015
Even if your brand isn’t the title sponsor of an event, there are ways to create the conversation. Step one is to assess the event’s audience and decide if there is a relative tie-in to your brand. Ask yourself (and answer honestly)… Do you have the right to play in this space?
Freddy
Freddy
Freddy
cross platform integration2. granularity3. AI
4. cost
5. data ownership
6. facebook = facebook
7. reporting
8. realtime insights bs…
Freddy
Freddy
Even if your brand isn’t the title sponsor of an event, there are ways to create the conversation. Step one is to assess the event’s audience and decide if there is a relative tie-in to your brand. Ask yourself (and answer honestly)… Do you have the right to play in this space?
Event time is hectic, so having an engagement plan in place before and during your event is essential.
Event time is hectic, so having an engagement plan in place before and during your event is essential.
Having a dedicated social media team is key. Mistakes can happen and opportunities can go by the wayside if you assign social media engagement responsibilities to someone who is already managing something else, such as event logistics.
Post-event, remember to assess the effectiveness of your initiatives, and review any ways in which you might enhance your brand’s reach and resonance the next time around. When driven by ongoing research, planning, collaboration and creativity, your leveraging of event sponsorships through live social media engagement can pay off handsomely, helping to shape and share the moments that become most memorable to consumers.
Before the event, listen to online conversations long in advance of event day to identify key conversation topics and opportunities. This ears-to-the-ground approach can facilitate conversations with ambassadors who will build excitement for your brand. MMI Agency has managed the Shell Houston Open on behalf of Shell Oil Company for several years. (screenshot of conversation topics most prevalent during the 2015 tournament)