I wrote previously about how social media is changing travel, comparing a journey I have just taken traveling across the Balkans and Greece with a trip I took 15 years ago across Western Europe. The rise of social media has changed the way we travel. It has given us new opportunities to help plan our travel, and to help us whilst we are en route. It helps us choose hotels and restaurant, to see what others have experienced and to keep in touch and give real time reviews whilst we are travelling. And many travel and leisure companies are planning their social media strategy to help them capitalise on this change in consumer behaviour.

Having just returned from the trip, I can report that social media has helped to change how we travel whilst we are on holiday as well as in the planning phase. The use of reviews and forums to help choose locations is common to many of us. Using social media in real time as a travel assistant is less so.

Social media as a real time travel resource

We are very used to social media as a tool to help choose and plan travel. To help learn what others thought of particular hotels, restaurants or venues. And to learn about what there is to do and see in different destinations. But social media as a real-time travel resource is developing. Whilst away in Greece, I saw how this could work best. Using Twitter, I posted a picture on Twitter of where I was and what I was doing. A few minutes later I had a response recommending a place to eat – a place that was not touristy but full only of Greeks, and that I wouldn’t have found at all without this piece of advice.

Of course, it helped that my friend, @AJBradburn, works in the travel industry and has lived across Greece. But it did mean that I had perhaps the best meal of my trip thanks to advice I got in real time on Twitter. An experience I would not have had without social media.

How Foursquare could become the ultimate travel companion

Perhaps the most useful social media tool when I was Foursquare. And in an unexpected way.

I have often thought that the greatest value you can get from Foursquare is not in gaining Mayorships or points, but in leaving reviews and information around a town for others to pick up. Then, when I’m in a new town looking for a place to eat or drink, I could just switch on Foursquare and find somewhere to go based on the tips (or reviews) left by others).

When I was travelling I did this for the first time, with much success. Travelling in relatively less well-travelled places (including Bosnia and Serbia), I was surprised to find quite so much activity on Foursquare. But using it I was able to find bars and restaurants, read reviews and even find other information, including the passwords for various cafe wifi access, based on the tips left by other users. This was incredibly useful, and after benefiting from these tips I was even prompted to leave my own. Including for the bar that was recommended for me in Athens.

There is a real opportunity for Foursquare to become a valuable resource for travellers and for others looking for reviews of venues near where they are. This would be particularly useful for those visiting new places or new areas of town. When you want to find places near where you are and read reviews of them.

Of course this is not necessarily what Foursquare was designed to do and there are some changes that would help to make it more useful as a review site like this. Notably it would be good to improve the ability to search for venues. It would be great if I could search for venues before I visit a town and then favourite ones I want to try out. Then, when I’m on location, I could look at my favourites on a map and visit them.

Also, as Foursquare grows it will become important that I can filter tips. In a city such as Sarajevo there are not that many bars recommended on Foursquare. In London there will be hundreds (if not thousands). I will only be interested in certain reviews and those from certain reviewers – usually people that I consider to be ‘people like me’. An ability for Foursquare to learn what I like and what I do and then tailor recommendations based on this will add significant value to the service.

Of course, the first stage will be to encourage more people to leave tips. Foursquare is not about becoming Mayor of a local venue. It is about you sharing the best of what is in your town with others. And it is about you being able to tap into local knowledge when you are on location. Or it will be if it becomes and more user-friendly resource for this type of knowledge exchange.

Image courtesy of shutterstock

As I have a keen interest in social media for financial services I’ve been looking at the Accenture’s paper on “Achieving high performance in insurance through social media”.

It’s a great statement of intent by one of the major international consultancies, and another example that social media is now being embraced by more traditional corporate and business markets.

Accenture’s paper examines the trends in social media and highlights that insurers seeking high performance  should consider using social media within their customer, channel and workforce strategies. The paper also describes an approach for insurers to utilise social media to input into strategies for marketing, sales, services and recruitment.

With regards to inbound marketing, the useful statistic cited is that marketers who incorporate social media into their inbound marketing mix tend to spend 60% less per lead on average compared to traditional marketing methods.

But why should insurers bother to take note of social media? Three main reasons are cited in the paper:

1. Social media helps customers pick through the high volume of information available online because they trust “people like me”, ie, other customers, to give honest, accurate information.
2. Social consumers use social networks as their core navigation and search tool rather than search engines or portals.
3. Social media is being used more and more by businesses as part of their overall strategy.

As the paper points out, “social media increasingly determines who customers trust” and Accenture highlight the  importance of establishing “Listening Posts”, or what we term social media monitoring,  so that insurers are aware of the online conversations that are happening around them. The paper also discusses the best “social media management framework”, or  social media strategy, for success, which consists of process, people, policies, and metrics.

It’s a considered and articulate paper that is probably targeted at large insurance businesses that need external help to establish their social media enterprise framework. It is notably absent of case studies, and while there are some interesting statistics in this well-researched paper, I suspect that key decision-makers in this industry will continue to look for more detailed ROI data to justify their budget spend.

I also feel the paper doesn’t really address the “hub-and-spoke” social media model as a means of being proactive in social media (i.e. a central social ‘hub’ that is part of the insurers website while also engaging with the social ‘spokes’,  like Twitter forums and blogs, where the other relevant influential conversations are taking place) .

What is interesting is that Accenture’s paper is less bullish in addressing the many positive benefits of a proactive social media programme, and that is probably as it should be given that it reflects the risk-averse culture of a cautious industry that is coming to terms with open customer dialog.

Image courtesy of David Armano

Facebook Places launched in the US last week laying claim to three major features:

1. It will allow users to share where they are with their friends.
2. It will allow users to see who is near them.
3. It will allow users to discover new places around them.

As a social media agency we’re always interested in what these developments could mean for marketers, so here are 5 ways in which marketers could potentially make use of Facebook Places:

1. Reach extension

Given that, by default, Places checkins will automatically go to a users profile and news stream (unless the privacy settings are adjusted) places can extend reach for marketers.

Not only will people be able to discover new areas or locations through Places itself but when people checkin from a venue they are broadcasting their presence at that spot to their entire Facebook network.

2. Advertising

As emarketer points out, Marketers want to reach consumers when they are close to making a purchase. Places will enable them to deliver a  targeted advert when consumers are at the point of decision.

This is very powerful as companies will be able to work out what consumers are interested in and deliver helpful advertising and compelling offers before consumers type a query into a search engine.

If ads can be pushed to people the moment they are engaged with something, rather than waiting until they take action and start a search, the ads become extremely powerful and can drive sales.

3. Location promotion

Yes this is a bit of an obvious one. But with around 1.5 million business pages on Facebook, businesses with an existing Facebook page can merge that page with their Places page by “claiming” it, or letting Facebook know that the business belongs to them.

Once it has been verified by Facebook, every time someone checks in from that location the business will inadvertently receive exposure from the check in.

4. Discounts and offers

Tom Bedecarre, CEO of AKQA, suggests that while Foursquare popularized the gaming aspect of checking in from physical venues (where people become “Mayors” for example), rewards could develop to become vouchers, coupons or some other type of discount  (eg, first 50 people to checkin at our coffee house get a free muffin).

With this in mind, Facebook Places could eventually be used as a way of distributing discounts and offers to people within a certain proximity. This would have the added bonus of putting an offer in front of someone when they’re in a place that allows for an immediate transaction.

5. Data

The data that you can collect on Places users and the number of times they checkin  could prove valuable in tracking customer activity, consumer personas and, indeed, competitor activity.

Also if people checkin to a certain venue or business and then leave any tips, advice or comments  then this information will be useful feedback for businesses.

It will be interesting to see how things develop with Facebook Places over the next few months, especially when it is eventually rolled out to other countries other than the USA.

Guest blog post written by Andrew Rayner, founder of internet marketing agency e-mphasis.

The phrase “Multi-channel” has been a buzz word for some time now in the retail sector and this has led to 3 main changes in the market:

1. With e-commerce capabilities accessible to even the tiniest of single-store independent retailers, the ability to shop across different channels has become almost universal.
2. The consumer has became more confident shopping across channels (e.g. researching online and then purchasing in store,  or reserving online and then collecting in store) and is becoming increasingly demanding about their online  shopping experience.
3. The use of social media means that consumers are no longer relying on the brand’s own marketing messages to make key purchasing decisions – they are looking to “people like them” (ie, other customers) to help make decisions.

Typically retailers have been working on a multi-channel strategy that ensures customers who already shop with them get the expected brand experience at every touch point. There has been little regard for those who have not yet committed to any one specific retailer or store. So what is the best way to capture these prospective customers?

The answer is to apply  multi-channel retail thinking to search and social media marketing. This means providing access to all channels from the moment when consumers start searching for products and services online, enabling the retailer to present a comprehensive search result to consumers that satisfies their exact requirements.

And with the consumer leading the purchasing decisions of their peers and influencing purchases through social media channels like Twitter, Facebook and product ratings and reviews, retailers need to ensure they also tap into the social media as part of their multichannel strategy.

One approach to this could be to use Google Places Optimisation (GPO). GPO works for retailers because it returns results for location based searches. In excess of 43% of all Google searches return a local result and so the opportunity for businesses with multiple locations is phenomenal.

GPO also provides a great opportunity for multi-channel retailers as it can link to a retailers transactional website, and if that website allows it, the complete customer journey, from search to basket, can be tracked. It can also provide all other relevant information to the customer, including contact details, opening hours and even information like parking facilities or food outlets. Google Places will also contain that all-important consumer review and feedback information – a vital feature of the consumer decision making process in the age of social shopping.

Effective GPO will not only save SEO and PPC costs, but will also deliver more relevant impressions and enable retailers to leverage social media more effectively. And as most consumers searching the web for a product or service are often not brand loyal (yet), they do not have a destination store in mind. But by using GPO as part of your multichannel search strategy you will put all routes to market in front of shoppers who are actively looking to buy.

As social media is still regarded as a new form of marketing and engagement, lots of companies seem to be more comfortable “trying out” social media as a one-off campaign.

Social media campaigns are an attractive proposition as they can generate a lot of buzz and excitement and are usually the basis for a lot of the social media case studies you will find on the web.

Even though we’re a social media agency, here at FreshNetworks we don’t just focus on campaign work; we also look at long-term engagement through a sustainable social media strategy.

In our experience, social media campaigns are perfect for raising awareness on a short-term basis. They’re also a great way of getting exposure for brands, companies or products that might not be that well known, or have fallen from favour in some way.

Campaign work is high impact but due to the cost and resource involved it’s not good for driving value over a long period of time.That’s not to say that campaigns should be disregarded completely. In fact, they are very effective when used alongside a sustainable engagement strategy.

Campaigns generate the high level of buzz that brands so desire. However, if there is a long-term strategy for engaging with the people who have come across your brand or product as a result of the campaign then the impact won’t drop off once the campaign has finished. Using campaigns as part of a wider social media strategy will help you build awareness and drive value over a longer period of time.

In order for a sustainable engagement strategy to succeed it must be set up with the needs of both the company and the user in mind. The reason why single, one-off social media campaigns are often favoured by brands is that engaging with people on a long-term basis takes time and effort. You need to build up relationships and develop trust with your audience. However, it’s worth the time and effort as ultimately the people you engage with will become a valuable asset to your company.

The video below from Richard gives a brief summary about our approach to social media campaigns and sustainable engagement: