Monthly Archives: October 2015

Cutting through the “noise” revealed as top social media program challenge

Cutting through the “noise” has been revealed as the biggest social media challenge facing B2B brands, according to B2B Marketing’s 2015 Social Media Benchmarking Report.

38% of respondents cited cutting through the “noise” as the main stumbling block when it came to social media.

Companies are also struggling to determine their social worth, with 35% encountering ‘difficulty proving ROI’.

However, the study also showed only two in five (40%) senior managers expect their social media channels to accurately demonstrate ROI, while 34% rarely or never expect any proof in regards to ROI.

Yet, respondents were largely confident in their ability to improve ROI over the next year, with 55% expecting a slight improvement and a further 23% anticipating significant gains.

Other significant challenges for social media marketers included ‘lack of time’ (30 % and ‘lack of strategic planning’ 25%).

The report also revealed just 35% of companies use paid-for social media monitoring platforms, perhaps explaining why marketers are struggling to present comprehensive analysis.

An over-reliance on standard website analytics could explain some reservations, with
75 % of companies using platforms such as Google Analytics, which only focuses on web traffic from social rather than audience breakdowns, engagement and interactions.

Let’s look at some of the statistics:
– Only ½ of marketers say social media is an important part of their marketing:
56% critical or important, 44% of some importance/limited importance or no importance
(Interesting note: not much has changed since 2014 when 62% said critical or important & 38% said of some importance/limited importance or no importance)

– Marketing allocates: 12% of budget & 20% of time on Social Media

– Marketers are focusing on reach, rather than engagement:
16% use Social Media to interact, 69% broadcast own content, 13% direct conversations

– Top challenges: Cutting through the “noise”, followed by difficulty proving ROI & finally, lack of time

– Most B2B actively used platforms: 76% Twitter, 71% Linkedin, 47%YouTube

– Most effective B2B platforms: 58% Linkedin, 24% Twitter, 9% Facebook

– Most effective content formats are: Infographics, videos, images
(Interesting note: the most used content formats are: Links to longer content, videos, written copy)

– Measurements to measure success: 56% web visits, 58% interactions, 42% downloads of content

Contact Debbie @ Radsick Ad Group to plan & implement your companies 2015/2016 Social Media Program – we can help you cut through the Social Media “noise” – saving you time & getting a greater ROI.