The TecONE seminar named “Win
Customers Effectively via Social Media” was organized by Hong Kong Science
& Technology Parks Corporation (HKSTP) on 4th May 2016. Social Media platforms are dominating our
lives. In order to sustain sales growth,
forging your brand and hence acquiring new customers effectively, these
channels are essential. This talk
covered usage of social media in Hong Kong and adspend (the amount of money
spent on advertising for a product or activity) by different mediums. Mr. Keith Tang (Head of Account Servicing,
Fimmick Ltd.) was the guest speaker and his topic named “Digital Solution for
the Digital Age”.
Mr. Keith Tang briefed his
company “Fimmick” background and introduced their SMART marketing. SMART means Social,
Mobile, Analytics, Relationship management and Technology. He said they were focused on Analytics.
Then Mr. Tang discussed the
budget shift from Conventional to Digital.
The budget ratio is about 20% (Conventional) and 80% (Digital) in USA
and China. But Hong Kong is very
behind. The Adspend distribution by
different medium in USA was shown in the following diagram. Mobile Internet is number 1 and much higher
than TV.
The world map of social networks
in Jan 2016 was also discussed that Facebook is almost worldwide except Russia and
China.
Then Mr. Tang mentioned the top
active social media platforms in Hong Kong. The top 5 were Whatsapp, Facebook,
Facebook Messager, Wechat and Line.
After that Mr. Tang briefed
Facebook’s brand value that it was ranked number 17 in Global Top 100 –
Technology in 2015 and number 5 in the largest companies by Market Cap. Therefore, he defined that Facebook is an ad
platform! He also introduced another
term named “Facebook Artificial Intelligence Research (FAIR)”. It is a big data analytics to find “Your Ad
Preferences”. The question is how to
managing a Facebook page when NO FANS and NO LIKES. The organic reach concept is paid for
reaching that excess your fans size.
Or it needs to pay for Target
reach which is only for specific target audience.
At the end, Mr. Tang introduced
three key success factors and they were Reach, Engagement and Conversion. A quick solutions were Advertising, Content
Marketing and Fast Checkout. For Content
Marketing, Facebooking Story telling approach is employed for effectiveness. The conversion is expected to be Fast
Check-out (PAID). Three tips are Few
steps (e.g. 3 Clicks), Few SKU - stock keeping unit (e.g. 10 SKU)
and Timely Offer (e.g. Social Media Integration).
Reference:
HKSTP - http://www.hkstp.org
TecONE - http://tecone.hkstp.org/t1_web/
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