Principles of Social Media Advertising and Promotion
Be able to plan
how to use digital vouchers for marketing purposes.
1.1 Define the term
digital vouchers.
Digital vouchers are vouchers which are available online. This
could be anything from an e-giftcard to a money off voucher or code. They are
often available on the companies website, via an email mailing list, via a
student discount program such as unidays, or from companies like wowcher who
sell specifically money off vocuhers.
1.2 Explain the potential
uses of digital vouchers.
Digital vouchers can be used for many things, they’re especially
good for promoting products that may not be selling as well or others or doing
“deal of the day” campaigns. They’re also good for generating leads such as
“sign up for our mailing list and receive a 15% off voucher”. They can be used
for gift cards as well which saves the hassle of having to go and buy a plastic
one.
1.3 Research the current
disadvantages of digital vouchers.
The main disadvantage you need to consider is your profit margin
and roi, you’re going to want to use this as a method of advertising whilst
still retaining the customers that you’re gaining through it and it’s important
to make sure you’re still hitting intended targets and not blowing your budget.
Depending on how you promote your vouchers they could end up giving your brand
a negative image so this is something to be aware of also.
1.4 Explain how to
overcome the barriers of using digital vouchers for acquisition and retention
of customers.
One way to overcome low retention in customers is. By using your
digital vouchers as part of a loyalty scheme eg the more they buy the more
points they collect and in turn they will turn into vouchers. You should also
simply make sure your customers have a good shopping experience with you and
that your products are described accurately so they the customer knows what
they’re getting. Another good way to retain customers especially if you use
your vouchers to build a mailing list is by contact/emailing your customers
updates and sales etc however this should NOT be overpowering or spammy as
customers will simply unsubscribe.
1.6 Explain methods of
managing a digital voucher system.
One way of managing digital vouchers is by giving each one a
separate number or code which cannot be used more than once. You could also
publish a code to your site or socials which will then return in it being
shared and you gaining more sales.
1.7 Explain how to
measure the effectiveness of a digital voucher campaign.
You could do this by simply measuring sales beforehand and after,
you could also do this by looking at sales of a single product before and
after. You can also use google analytics to see your hits and etc.
Be able to plan
the implementation of social networking site advertising campaigns for
marketing purposes.
2.1 Explain the factors to consider when creating social
networking site adverts.
As with any advert you’ll obviously need to look at time scale,
budget etc but once those are secured the first thing you should start by is
locating your target audience, this is who you will be advertising to. From
that you can use your audience to decide where would be the best platform to
house your advert on. For example if your audience is supposed to be teens or
young adults you’d more than likely host it on Instagram or snapchat rather
than the likes of Linkedin. From there you can decide on a relevant CTA and
message to get across. After that is secured you should start working on the
design. Lastly you want to consider analytics, how are you going to measure
success for your campaign.
2.2 Justify the use of social networking site advertising
campaigns.
Social networking is simply people sharing content with others,
it’s essentially free advertising if you can do it right. It also allows you to
engage with your audience and interact with new potential customers with each
share of your post. Social networking is essential to establish a brand
personality through the content you post and it’s essentially direct human
contact which you wouldn’t be able to do anywhere else. It’s also good for
updating current clients on new products or sales that may be taking place.
2.3 Explain the importance of identifying the required outcomes
from the social networking advertising campaigns.
If you don’t identify the outcome you want for your campaign there
will be simply no way to measure success and plan your campaign effectively. You
therefore won’t be able to work out WHY you did the campaign in the first
place, or how to improve in the future as you won’t have any idea how your
campaign worked. Identifying your outcomes makes it so much easier to plan your
campaign effectively as you have an insight of what you actually want to get
out of it.
2.4 Explain the advantages of creating more than one advertising
campaign running in parallel on the same social networking site.
Creating more than one ad campaign is beneficial as it means your
customers won’t be seeing the same thing all the time and get bored of fed up
of it. It also allows you to A/B test – this is when you run two different
campaigns in order to see what worked best for future campaigns. You could also
do this to target different audiences or target groups.
2.5 Explain why a social networking advertising campaign might
fail.
A social networking advertising campaign could fail for many
reasons. One of those reasons could be because they weren’t targeted
appropriately at the right audience, this could result in an overly expensive advertising
campaign with little return. Another reason why your campaign could fail is if
there’s a lot of traffic to your audience or a lot of competition which will
raise your costs and make it harder to be visible.
2.7 Explain methods of monitoring social networking site
advertising campaigns.
You could track your campaign simply by noting down the
daily/weekly likes/comments/shares or follower count. You could also do this
using analytics platforms which are built in to the social network of your
choice such as Facebook analytics, these are better as they let you see link
clicks, impressions, etc.
2.8 Identify changes that might be required for a social
networking advertising campaign based on monitoring results.
There are many changes you could make upon reflecting on analytics
such as target audience, posting times, or to the content itself. You could
change the content following A/B testing when you’ve seen what works out better
by using analytics. You could also change the time your ads are being shown for
example if you’re b2b you could change the time it shows to 9-5 as that’s the
general office hours for businesses, or if you’re targeting young people you
could show it only in evenings after they’re home for school.
Understand the
use of promotional campaigns on social networking sites.
3.1 Define promotional campaigns on social networking sites.
Promotional campaigns on social networking sites are essentially
just campaigns designed to have a specific outcome such as brand awareness,
build following etc. Digital vouchers/discount vouchers are a good promotional
campaign for targeting new and existing customers as often these will be shared
within groups and reach a large audience. Another good promotional campaign
could be a giveaway or a competition, these are good for gaining following and
promoting brand awareness.
3.2 Compare different types of promotional campaigns on social
networking sites.
Voucher campaigns are better for increasing sales as they
encourage customers to make a purchase that they may have been considering but
may not be as good to build a loyal customer base or build a large following as
there’s no obligation to like or follow your page. Giveaway campaigns are great
for building a following as you can make the entry requirements whatever you
want, e.g. Like and share the page, tag 3 friends, etc.
3.3 Explain why to use promotional campaigns on social networking
sites.
Promotional campaigns on social media are great because they’re
free, are proven to work and give you a potential audience of millions of
social media users every single day. They don’t have any set guidelines or
anything so they’re essentially completely up to you.
3.4 Explain the limitations imposed by social networking sites on
promotional campaigns.
One limitation to using social networking for your promotional
campaigns is that some platforms have a word count which may not allow you to
say everything you want to. Another limitation is that platforms such as
Facebook have built-in image compressors which pretty much destroy high quality
images. Also high quality or lengthy videos cant be used on some platforms
which is annoying if you’d like to do video marketing. Another limitation is
that you can’t really target your campaigns to a specific audience, as it just
really depends on who shares them and who engages with them as to who the
algorithm will show to.
3.5 Explain how to comply with restrictions on promotional
campaigns on social networking sites.
Most social media platforms will have restrictions on promotional
campaigns which you will be able to find in their support of help section. An
example of these if that Instagram restricts how many likes and follows you can
do in the period of time so you should avoid doing this to try and gain a
following. Al promotional campaigns should comply to any laws or regulations
which may affect you.
3.6 Explain the factors which could cause negative PR when running
a promotional campaign.
Negative comments on social media can spiral very quickly and
become a viral crisis, this can lead to not only a bad name for your brand but
also can result in stores getting trashed, employees getting abused etc.
(example: H&M’s ‘coolest monkey in the jungle’ jumper which was
distastefully advertised resulting in racism claims and a viral PR nightmare https://www.scmp.com/business/companies/article/2127426/hm-slammed-racist-monkey-jungle-hoodie). Things like
than can happen by accident and it is very important to carefully check over
any media which may be construed negatively and make any necessary updates to
avoid this. Another factor that can cause negative PR would be if your campaign
used ill-informed information/images or content which they do not have
permission to use.
Understand
current national and international legal and organisational guidelines for a
social networking advertising/promotional campaign.
4.1 Explain the current national and international legal and
organisational guidelines relating to the use of social networking site
adverts.
The ASA deal with advertising in the UK. They have a lot of codes
which must be followed in regards to advertising and promotion, these are all
in place with efforts to keep people safe and avoid any unnecessary upset. The
codes are -
· 01
compliance: all marketing communications should be legal, decent, honest and
truthful.
· 02
recognition of marketing communications: marketing communications should be
obviously identifiable.
· 03
misleading advertising: marketing communications must not materially mislead or
be likely to do so.
· 04
harm and offence: marketing communications must not contain anything that is
likely to cause serious or widespread offence.
· 05
children: marketing communications addressed to, targeted directly at or
featuring children must contain nothing that is likely to result in their
physical, mental or moral harm.
· 06
privacy: marketers must not unfairly portray or refer to anyone in an
adverse or offensive way unless that person has given the marketer written
permission to allow it.
· 07
political advertisements: claims in marketing communications, whenever published or
distributed, whose principal function is to influence voters in a local,
regional, national or international election or referendum are exempt from the
Code.
· 08
promotional marketing: Promoters must conduct their promotions equitably, promptly and
efficiently and be seen to deal fairly and honourably with participants and
potential participants.
· 09
distance selling: Most business-to-consumer distance selling
contracts are subject to the Consumer Contracts (Information, Cancellation, and
Additional Charges) Regulations 2013.
· 10
use of data for marketing: In considering
complaints under these rules, the ASA will have regard to Regulation (EU)
2016/679 (the General Data Protection Regulation, “GDPR”) and the Data
Protection Act 2018 in the case of personal data, and the Privacy and
Electronic Communications (EC Directive) Regulations 2003 in the case of
activities relating to electronic communications.
· 11
environmental claims: The basis of environmental claims must be clear. Unqualified
claims could mislead if they omit significant information.
· 12
medicines, medical devices: These are laws
specifically for products which must have a high level of scrutiny as they
could be dangerous if misused.
· 13
weight control and slimming: These are laws
specifically for products which must have a high level of scrutiny as they
could be dangerous if misused.
· 14
financial products: Marketers must have regard to the financial
promotion restriction in Section 21 of the Financial Services and Markets Act
2000 and in the Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005 (as amended), as reflected in the rules and guidance issued and
enforced by the Financial Conduct Authority (FCA).
· 15
food, food supplements and associated health or nutrition claims: These are laws specifically for products which must have a
high level of scrutiny as they could be dangerous if misused.
· 16
gambling: These are laws specifically for products which
must have a high level of scrutiny as they could be dangerous if misused.
· 17
lotteries: These are laws specifically for products which
must have a high level of scrutiny as they could be dangerous if misused.
· 18
alcohol: These are laws specifically for products which
must have a high level of scrutiny as they could be dangerous if misused.
· 19
motoring: These are laws specifically for products which
must have a high level of scrutiny as they could be dangerous if misused.
· 20
employment, homework schemes and business opportunities: Marketing
communications must distinguish clearly between offers of employment and
business opportunities.
· 21
tobacco, rolling papers and filters: These
are laws specifically for products which must have a high level of scrutiny as
they could be dangerous if misused.
· 22
electronic cigarettes: These are laws specifically for products which
must have a high level of scrutiny as they could be dangerous if misused.
All above information is from https://www.asa.org.uk/codes-and-rulings/advertising-codes/non-broadcast-code.html.
4.2 Explain the importance of following current national and
international legal and organisational guidelines for a social networking
advertising/promotional campaign.
Current guidelines are important to follow to ensure your company
and any content you’re producing is legal and inoffensive as if any of these
rules are broken that could result in fines, court cases, and negative PR.
Comments
Post a Comment