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Most Marketers Plan to Increase Social Media Spend This Year
An overwhelming number of marketers consider social media to be integral to their strategies this year, and 70% plan to increase their social media budget by more than 10% this year, according to a poll from Effie Worldwide and Mashable.
The poll, given to a group of ad agency executives and marketers from firms such as Bank of America, Colgate-Palmolive and Mini USA, among others in February, also found that the primary social media goal is to increase Facebook "Likes."
Speaking on behalf of themselves and their clients, group members reported that social networking would take 11.9% of their overall budget this year compared with 13% for TV. That figure should be taken with a grain of salt, however, since $68.7 billion was spent on all TV advertising last year, compared with just $26 billion for Internet advertising, according to the Internet Advertising Bureau.
Much of that spending will go toward trying to find new Facebook fans, which 35% of respondents said is their main goal in 2011. "Increase our presence on mobile" was number two on that list, coming in at 22%.
Other findings:
- Brands that were cited for "effectively getting their message across via social media" include Old Spice (chosen by 15%), Pepsi (8%), Starbucks (7%) and Ford (6%).
- 50% of respondents said they use a mix of in-house and agency to handle social media outreach.
- 80% said they were planning iPad-based advertising and/or an iPad-based app this year, while 20% said they were "not planning much" of either.
- 87% said social media was "important" or "very important" to achieving their biggest marketing goal this year.
(Source: Mashable.com, 04/19/11)
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Retail Marketing: In-Store Campaigns That Sell
Retail campaigns are now a mainstay of client-integrated marketing programs. From mass merchandisers to supermarkets to convenience stores to general retail, in-store events are expected to be a key element of a brand's overall marketing strategy.
Join RAB's Brandeis C. Hall for this informative webinar, as she provides insight into the types of campaigns retailers want, who the decision-makers are, and how your station can get the sale.
This presentation will be offered twice -- on Tuesday, April 26, at 3 PM (Central) and Thursday, April 28, at 10 AM (Central). For more details and registration information, click here.
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RAB's In-Person Certified Radio Sales Management Class
RAB invites you to be a part of the in-person "Certified Radio Sales Management" course, July 19-21 at the RAB Training Academy in Irving, Texas.
This intense three-day session will focus on key areas managers need to help keep their stations on a growth track for 2011...and themselves on a growth track for their career! The workshop is intended for anyone who has "manager" on their business card and is responsible for people and revenue.
For more information, contact Rob Boaden at 843/757-5066, or rboaden@rab.com.
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