TrackMaven's Competitive Intelligence Blog

Insights on how to track your competitors

The Real-Time Marketing Formula

I began writing this post centering around the topic of Wimbledon and how to rally, volley and ace your calendar competitively. It really all started to fall into place that was until I started to realize that I’ve covered some ground already with the category of real-time marketing. I even almost finished the post about how tennis relates in forming your editorial calendar competitively. From rallying, volleying and acing your competition, I really felt like I was Serena Williams slamming the ball into my competition with this blog post that I wrote up…

Until my mind started to plant doubtful seeds. Did I talk about too many real-time marketing happenings? Am I just centering some of this content on just pop cultural events? Maybe, I am, but as my mind was pushing through some of these ideas I happened upon another idea — The Real-Time Marketing Formula.

From writing about the marketing around Arrested Development to the Final Four, what makes real-time marketing tick? What’s the formula that drives engagement and traffic into your content? What were the factors I added together before I implemented an idea into a current event? After analyzing some of the pieces I’ve done and breaking down the piece I almost published today, lead me to this formula that you can use to use real-time marketing in your content.

(RTM Event - Time Traffic Decay) + (Key Parts of the Event x Pieces of Your Own Brand/Marketing) = Your Company/Brand’s Real-Time Marketing

Breaking down this formula into what will later equal your real-time marketing efforts…

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The Secrets of Competitive Twitter Ad Targeting

“You’ll run through your Twitter Ad money really quickly.”

The almost ominous words that were spoken to me by Trevor from SocialTables over coffee a couple of months ago about Twitter Ads. And boy, was he right.

During my first campaigns with Twitter Ads, I saw a ton of engagements and then I also ran through money way quicker than I thought. Almost double of what I typically spent on Facebook Ads. It scared the living daylights out of me. Granted, I didn’t run through thousands of dollars…well mainly because I always have the habit of continuously checking on our different ad campaign data. We’re still testing essentially how effective Twitter Ads are in regards to conversions to leads; however, while looking at the engagement factors there are some relevant benefits. Although the engagement is nice, to get there, you most follow some steps like any marketer to really make the ads tick…in your favor. Hence the secrets of competitive twitter ad targeting.

First Steps in Twitter Ads

1. Pick the type of campaign to set up
-Promote Your Account
-Promote Your Tweets

2. After picking the type of campaign you’ll then begin the targeting fun.

I’m going to break down the targeting that goes into promoting your tweets because I feel those are most beneficial; however, I’ll cover promoting your account after and my reasoning in picking the former.

The Secrets of Competitive Twitter Ad Targeting

 

After selecting the promoting your tweets option, you’ll then be directed to another page on how you would like to reach your audience.

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Slideshare Tuesday: Think Differently How to Accomplish Big Goals For Your Business

One of my biggest projects the past few weeks has been to complete our marketing plan for TrackMaven. It was a challenge because we had the tactics; however, compiling them into a higher level strategy required more of my brain juices than I thought.

For this Slideshare Tuesday, Mackenzie Fogelson’s Slideshare from SearchLove Boston on how to Think Differently to Accomplish Big Goals for Your Business really caught my attention because it’s something that I’ve been working on with our marketing plan. This Slideshare is a little bit longer than previous ones that I’ve shared; however, all of the information is extremely useful. Even if you aren’t an SEO or just being a marketer in this digital your title doesn’t just streamline to one set of job duties.

Think Differently How To Accomplish Big Goals For Your Business by Mackenzie Fogelson

5 Takeaways

1. “Instead of just being a SEO, you’ve got to be a Creative, and a Marketer and a Strategist and a Data Scientist.”
2. You have to be collaborative and Unite!!
3. Earn Buy-In.
4. Figure out your KPIs.
5. Think high level for the year.

This is definitely a slideshare that I will continue to reference. There were way more than 5 takeaways and I suggest you go through this slideshare to the fullest because it is in fact a guide book that will help you figure out the most important things you want to accomplish for your marketing.

The 3 Habits Of Marketers

I cannot think of any habits that I have currently, other than my caffiene addiction, which I’m in denial about the negativity to my health. It may be a little odd, but I vividly remember learning about habits during a pre-kindergarten lesson. They were describe as bad and frankly, in Pre-K unhygienic Granted, most children in pre-K aren’t the cleanest human beings, but having bad habits such as nail biting, thumb sucking, nose picking etc. were the big “no-no’s” of the habit lessons when I was younger.

I noticed a couple of my little girl friends in my class participated in one of the habits in biting their nails. I wondered why were they doing it? If it really was such a bad habit why did they continue to gnaw at their nails?

So I tried it myself. Unfortunately, I did it right in front of my mother who was the biggest advocate in instilling that nail-biting was not something I should do. It was one of the times my mother moved faster than the speed of light. My hand was immediately swatted away before my teeth could chomp down on the nail. It’s safe to say I learned my lesson and fortunate that I do not have nail-biting as a habit.

Like I mentioned before, other than my current habit of 2+ cups of coffee a day, I can’t pinpoint other ones; however the notion of habits was once again spurred after reading The Power of Habit by Charles Duhingg.

Duhingg plunges into habits, how they stick and how are brain interacts with them. And so it spurred thoughts on my own different habits as a marketer beside my coffee one.

I think I’m safe to assume each marketer probably has their own set of habits normal or abnormal; however, these three are the most distinct that I’ve noticed throughout.

First, always checking data.

As a marketer or any technical person for the matter, when was the last time you checked the different pieces of data you were analyzing. Oh. 5 minutes ago…oh ok so 10 seconds ago? Or maybe you are getting the strong urge to check it right as you are reading it. Me too. As a matter of fact, I just checked something on TrackMaven before I wrote this sentence. oops.

There are over 2.7 Zetabytes of data existing in the digital universe today and marketers, for good reason, are obsessed with data. When was the last time it did you wrong? Ok, maybe data could be negativity or you as the data user could do data wrong, but data drives information and then helps us as marketers see the insights we need in order to take the competitive advantage or helps fuel our own marketing efforts. Checking the data you are monitoring is essential in seeing the progress of different efforts and then using those pieces of data for visualization, customer progress and/or the overall user experience. Or in my case, not only checking data on our marketing mixes, but it also migrated out of my outside of work life…EX: Plugging in my Jawbone UP Band more than twice a day to confirm I’m on track with my step goal. Only 7,000 more steps to go…

Checking data may be a habitual task for marketers and sometimes providing an ounce of distraction like any habit; however, without data there is zero growth for your marketing efforts.

The second habit of marketers goes hand in hand with always checking data — always testing.

Marketing 101 = Test, test, test, test, test, and test some more. Here at TrackMaven, we’re obviously running tests as you read this email in order to improve the best way to market to our potential customers. When was the last time you changed a color of a button, the wording of a headline, or the targeting of a audience in your ads? Not far in the past, right? What was worked in that test and what didn’t? Clearly this test went a wonky direction.

Following the cliche of nothing is in fact perfect, neither is your marketing and you have to test the different components in order to find the best fit for your audience at the time. Ever marketer wants pull the right levers to fuel the funnel and capture the most qualified leads for their said product and in order to do that marketers will always have the urgency to test the right parts to generate a hopefully successful outcome.

Lastly, marketers are packrats or maybe to put it nicely, curators collecting valuable pieces of data and information to keep FOREVER.

When I see a piece of content that I like or find advantageous, I’ll read it, take a couple notes and then save it for later….and by later I mean whenever I go looking for the information again or whenever I clean my bookmarks up (which I haven’t cleaned since January.) Whether it’s in a Google Spreadsheet, through an RSS reader, such as Feedly, Evernote, or maybe even Pinterest, I bet you have pieces of content that you have collected to either share, read or reference. It’s become a seamless part of your routine and a habit you shouldn’t shake.

Maybe it just my own packrat-ness, but every marketer must have the propensity to curate and share the pieces of content they collect. Curating content is something you must have in your own content strategy as it only helps engagement, link-building, SEO and helps expand your overall network as well.

Marketer will always check data, test and collect content. They are all habits that will not be broken…with me just mentioning them you’re bound to do one of the following habits right after this email.

What are your own marketing habits? Are these true for you? Let me know in the comments below, tweet me (@sabelharris), or send some characters Maven’s way (@TrackMavenApp).