Social Media – Vivaldi https://vivaldigroup.com/en Writing the Next Chapter in Business and Brands Tue, 27 Jun 2023 22:00:39 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.22 Facebook Challenges Vine with Instagram Video https://vivaldigroup.com/en/blogs/facebook-challenges-vine-instagram-video/ Tue, 04 Aug 2020 19:16:19 +0000 http://vivaldigroup.com/en/?post_type=blogs&p=5692 “…Vine has been making good traction since its inception, proving that short video clips are an untapped resource for personal networking as well as brand marketing.” In 2013, our CEO Erich Joachimsthaler was featured in a MarketWatch article announcing the rollout of video on Instagram and the importance of this update from a strategic standpoint. […]

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“…Vine has been making good traction since its inception, proving that short video clips are an untapped resource for personal networking as well as brand marketing.”

In 2013, our CEO Erich Joachimsthaler was featured in a MarketWatch article announcing the rollout of video on Instagram and the importance of this update from a strategic standpoint. Read the full article here.

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Using Social Currency to Build a Brand! https://vivaldigroup.com/en/blogs/5679/ Fri, 31 Jul 2020 17:47:52 +0000 http://vivaldigroup.com/en/?post_type=blogs&p=5679 “Brand has evolved significantly… With social media, we can create ‘feelings and thoughts in our consumers’ minds. In the future, we’ll have an inner sanctum — an inner circle — of brands’ who we rely on more and more…” Our CEO Erich Joachimsthaler spoke with Brand Driven Digital in November 2016 to discuss recent updates in […]

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“Brand has evolved significantly… With social media, we can create ‘feelings and thoughts in our consumers’ minds. In the future, we’ll have an inner sanctum — an inner circle — of brands’ who we rely on more and more…”

Our CEO Erich Joachimsthaler spoke with Brand Driven Digital in November 2016 to discuss recent updates in brand strategy and its constantly changing nature. Read the full article and listen to the accompanying podcast episode here.

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How Do You Navigate A Trust Tsunami? https://vivaldigroup.com/en/blogs/trustworthy-social-brands/ Thu, 23 Jan 2020 21:18:38 +0000 http://vivaldigroup.com/en/?post_type=blogs&p=4724 Trust is a hot topic. The release of the latest Edelman research and the Facebook scandal means it should be a topic of conversation between all agencies and their clients. Trust is the bedrock of achieving every marketing challenge whether that’s sales or brand building. Ultimately trust equals good business – 62% of people say […]

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Trust is a hot topic. The release of the latest Edelman research and the Facebook scandal means it should be a topic of conversation between all agencies and their clients. Trust is the bedrock of achieving every marketing challenge whether that’s sales or brand building. Ultimately trust equals good business – 62% of people say trust in a brand is a key driver of purchase intent, but we have also seen that it’s the best predictor of long term brand equity.

The problem is that people are more cynical than ever. Edelman describes this phenomenon as a ‘trust tsunami’,  reporting that a quarter of people don’t trust the news and information they see on social. However, whilst politicians and the media are facing the worst of it, and trust in businesses has plateaued, leading Edelman to suggest that businesses can step up and lead responsibly. But how can brands do that in social media if trust is at an all time low due to issues such as the Cambridge Analytics scandal?

There is a lot of hand-wringing about how Facebook has betrayed consumers’ trust and recommendations from many corners that people and businesses should desert the platform. However, #Deletefacebook was mostly used by middle-aged men with an interest in tech (Crimson Hexagon) a group that actually under index as platform users (UK and USA, GWI). In reality, people are still using Facebook and therefore businesses need to be having conversations with their agencies about the best way to offset the trust tsunami.

So how do we create trustworthy brands in social?

1. Do it for real – whether levitating whisky or driving a car with positive thought –  we make sure content wows with authenticity. This is as true for fame-building stunts as it is for communicating CSR. We would never just talk about ‘recycling’ or ‘female empowerment’ – we help our clients prove their commitment.

2. Join a tribe. Share your audience’s passions – be it music, cycling or shoe tattooing, find out what your audiences care about and get fanatical about it. Only produce content or talk about it if you know the details – this will gain you respect. It’s important to remember that in social you aren’t competing with other brands. You’re competing with culture.

3. Show a human face – Build long term relationships with people your audience trust and let them be themselves. Be it with social media influencers like Freddie Harrell, celebs or everyday people. Give them the freedom to speak in their own voice.

Social media marketing is not going anywhere, but we are at a turning point. The issue of trust and ways of building it need to be faced head on rather than ignored. We will be stepping up as Edelman suggests, and not deleting Facebook. Instead we will be working with businesses to solve the problem.

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Brand or performance marketing – there is no debate. https://vivaldigroup.com/en/blogs/performance-marketing/ Wed, 08 Jan 2020 16:37:03 +0000 http://vivaldigroup.com/en/?post_type=blogs&p=4692 Digital media had a bashing in 2019. It was the bad guy in a battle between long-term branding and last-click performance marketing, portrayed as a bad investment and the scourge of creativity. The problem is, such fighting talk ignores the real story, which is about getting the balance right and galvanising people to measure brand […]

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Digital media had a bashing in 2019. It was the bad guy in a battle between long-term branding and last-click performance marketing, portrayed as a bad investment and the scourge of creativity. The problem is, such fighting talk ignores the real story, which is about getting the balance right and galvanising people to measure brand efforts properly. Smart CMO’s know that there is a need to balance brand and sales-driving.

But a perfect storm of turbulent times combined with a heady rush of data meant marketeers chased short term sales – because without immediate results they feared there was NO future.

It also had the lucky side effect of helping them be accountable to the marketing cynics at board level. Often they over-invested against their better judgement – resenting big players like Google holding them to ransom to bid on their own names or lose it to their competitors.

So in 2020 let’s stop criticising CMO’s for falling into the performance marketing trap and pitting brand and creativity against digital.

The Binet and Field 60:40 brand to sales investment ratio is great – it is widely publicised but now is the time for action. In 2020 CMO’s need to be planning how to move forward with this information and make it work for their business.

Over the years many attempts have been made to get it right  – until around 2009 brand and direct response teams often sat separately and worked in silos with different agencies. Then it was all about integration and silos were removed, but a more complex media and agency mix meant a lot of mixing and matching. Now data allows us to see how customers really react and it is as much emotional as functional – a mix of brand and product messages which varies by segment, category and occasion. Brand work uplifts performance marketing results and performance ads need creativity, because at the end of the day everything a company does affects how people see the brand.  

Silos have long been dead. In the last few years a new era of brand and performance working together, powered by data which integrates and measures both, has begun. This new era means CMO’s need a new type of partner – one who is as passionate about brands and creativity as they are about data and performance. A team that is not siloed but has brand strategists sat with creatives working alongside performance media managers. Thinkers and doers from different backgrounds collaborating, working on both a brands future as well as the here and now with only one person at its heart the customer. To keep you centred there are 3 principles which will help you seize the opportunity analytics, customer experience design and creativity offer…

Data is table stakes – it is not what you have but what you do with what you have that matters. With so much data available there is a need for smart people to decode it, to really understand triggers in a path to purchase and emotional reactions and use it to inspire media and creativity TOGETHER.

Everything is brand – take care with EVERYTHING that you create because every single interaction contributes to brand perception. And everything means everything-  the language in search – from a link click ad in social to a promotional sales poster, and if you have times when you can only afford to do sales-focused work, remember to emotionally engage.

Measure what matters – do not judge everything by the same yardstick or get lost in multiple metrics without meaning. Work out the pieces in the mix and develop them with a plan of what success looks like now and in the future. Define ideal handoffs and the long term measures that need to be tracked, and build an understanding of this information widely – with creatives and the CEO.

A new era is upon us, but uncertainty and tight times may not be over quite yet. There’s definitely a case to be made for a more holistic marketing function with respected representation at board level and proving commercial success is key to achieving this. However, CMO’s should take things a step further – educating everyone in the organisation on the relationship between marketing principles and the dynamics of trade. If we accept customer-first thinking we can all move on from the brand v’s performance debate.

Download Performance Marketing PDF

If you would like to know more about how we can help you then please download our Guide or get in touch directly with Jane via email Jhovey@vivaldigroup.com or LinkedIn

 

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