Mindjumpers

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Benefits of Putting Cost in Social Media [infographic]

Mindjumpers

Tweet Some time ago, we had a guest post on our blog stating how social media is not a cheaper alternative , even though many marketers think it doesn’t cost much. The value of a Twitter follower is bigger than cost per follower. According to conducted surveys: - The main benefit of social media is customer engagement. -

Cost 247
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Why Social Media is not a Cheaper Alternative > $5 [part I]

Mindjumpers

It costs, because you have hired good people who do good work that takes time, and it costs. Yes, posting a video, making a status update on Facebook or Twitter might not cost a lot initially. It will cost between 2-5 minutes to splash some random content to a page, but that’s not really what you want to do.

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Want to Raise Your Click Rate on Facebook Ads? Images Are the Answer!

Mindjumpers

And on Facebook, the right pictures can bring an increase in clicks while decreasing your overall advertising cost. However, the higher your click-through rate, the lower your cost will be per click. We all know that pictures are eye-catching and especially if it’s an image that stands out from the crowd.

Facebook 241
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The Executive Series: High Level Strategy, Value Propositions and Social

Mindjumpers

The Value Propositions for social are a lot of other things like customer satisfaction, customer loyalty, product and process innovation, revenue increase, cost savings etc. This is providing the company with a most valuable outcome: cost savings! Traditionally, they have a customer call centre (outsourced, of course).

Strategy 239
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5 Tips: How Brands Can Use Foursquare to Grow

Mindjumpers

These are often low cost and high impact. These have no cost and create a great connection. Something for free (for example, ‘enjoy a free dessert if you buy an appetizer and main course’). Special treatment: (one of our favorites is at a zoo: ‘check in on foursquare for private access to the penguin feeding’).

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Create Brand Value Through Local Community Management

Mindjumpers

Mindjumpers Network is a global network of local country community managers enabling international companies to execute and maintain brand communities in a structured, quality assured and cost effective way across markets with the aim of creating effect and value. A central hub is also a cost efficient way to use your recourses.

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Why Social Media is not a Cheaper Alternative > $5 [part II]

Mindjumpers

As mentioned in Part I , Dennis Yu’s (very good, must read) article on How to Run an Effective Facebook Campaign for $5 discusses the costs of specific activities (ads) in social, but annoyingly like many other articles, fails to address that social media, when done right, actually costs. And it’s an ignorant remark.