Brand Management Services Is an Important Part of Marketing by expo india mart

Comments Off

Posted on 11th March 2012 by Krishna Gupta in Business Intelligence |SEO |Social Media

, , , , ,

It is very essential to concentrate on your marketing efforts, when you are into any kind of business. There are several ways through which you can carry out marketing for your business, and effective brand management services is one of the most ideal way through which the marketing efforts can be increased. There are many different selling tools available in today’s date, and it is largely up to you to determine the tool that you would adopt for promoting and marketing your business. Your brand is definitely important and crucial for you and your business. Thus, until you take the help of these services, it would not be possible for you to improve the sales and the consequent return from your investment.

 

As already indicated that there are several strategies for marketing, you would have to determine the strategy that best suits the nature of your brand. You can carry out several promotional events, because when you carry out these events, you gather crowds, and this helps in promotion of your brand. Not only do you get the chance to know your target customers, but at the same time, you also get the opportunity to increase consciousness and awareness about your brand products and services. This in turn, might help you to a tremendous extent.
Well, if you think that you are not much confident about the nature of the brand management services, you can always take the help of the professional experts. In the recent days, since the importance of branding has increased to a tremendous extent, there are many professional experts operating in the market. Based on the nature of your brand, they can not only help you in identification of the right strategy of marketing, but at the same time, they would also ensure that you move in the right direction, so that at the end of the day, it is the marketing efforts that bring you good results.
Thus, most business owners today look for effective brand management services in today’s date. No one can understand your brand more than you. Therefore, apart from the help and co-operation of any professional experts, you would have to keep in mind that you would have to work equally, so that your brand reaches successfully to the target customers. They would also help you in the effective management of promotional events. In such a case, it would also be easy to expand your brand and your business in the long run, which would definitely be a great source of profit for your business, as a whole.
In any case, you must always ensure that you take up promotional events as important marketing strategies, because in such a case, along with increasing the brand consciousness, you would also be able to entertain your target customers. With a clear aim and vision, you would understand how these events can slowly build the foundation of your brand. When you follow the strategy of event for promotional and marketing purposes, you would find that it is quite simple. However, it might not be easy every time and therefore, you would have to make great efforts through which promotion can be carried out.

 

Eight Ways To Go Viral

Comments Off

Posted on 8th January 2012 by Krishna Gupta in Social Media

Eight Ways To Go Viral
by Contributor

Editor’s note: This guest post is written by Uzi Shmilovici, CEO and founder of Future Simple, the company behind Base—a simple CRM for small businesses

What do Facebook, LinkedIn, Youtube, Dropbox and Skype have in common? Except for being ridiculously successful, they all enjoyed a strong viral effect that helped accelerate their growth.

How did they do that? Here’s the thing; most people assume that these companies grew by pure word of mouth. Well, that’s only half of the story. The other half is that they deliberately built viral features into their products that helped spread the word.

Let me explain.

The Eight Types of Virality

Many entrepreneurs struggle with the question: “How can I make my product more viral?” After looking at many successful web startups, I boiled down virality to eight different tactics, or types, that are the most common. Grab a pen:

1.    Inherent virality

The type of virality you’ll die for. Simply put, a person gets no value from the

product unless other people use it as well. As a result, she shares the product with other people. Sharing is done via sharing mechanisms (e.g: invite your Gmail contacts) or through pure word of mouth.

Seeding, which means getting the first people on board is very hard because of Metcalf’s Law (there’s very low value for the first users of the product). However, the growth after the seeding period, usually through word of mouth, can be explosive. This is how Skype came to be what it is.

2.    Collaboration virality

In this type of virality, a person will benefit from using the product individually. However, she can get additional value from collaborating with other people, so she invites them to use the product. A classic example is folder sharing on Dropbox. This works very well if the value from collaborating is high.

3.    Communication virality

In this case the product is used to communicate with other people, some of which might be potential users. By “riding” this communication channel (usually email), the product is being spread. If you ever got an email sent with Constant Contact, you probably remember seeing their logo at the bottom. A more pervasive example is the “Sent from my iPhone/iPad” signature at the bottom of every email you send from your iPhone or iPad. Yes, even Apple is using viral tactics (actually, I believe BlackBerry started that with “Sent using BlackBerry”).

4.    Incentivized virality

Offering an incentive to spread the word is a well-known tactic dating back to offline marketing. The incentive will usually be cash or a benefit in return of inviting other people to use the product. For instance, Gilt Group will give you a $25 credit for each person you refer. Dropbox will give extra space to both you and your invitee’s Dropbox accounts, which turned out to work very well. Personally, I’m not a big fan of the cash incentive approach as it is not very scalable but if you can make it work economically, it might be very effective.

5.    Embeddable virality

This method works superbly well for content websites. The ability to take a piece of content and embed it anywhere on the web, with a link back to the original website. This will put your product in front of countless users. There’s an interesting multiplier that occurs when new people who are exposed to the content embed it on their own website, promoting it even further. This approach has worked tremendously well for Youtube and Slideshare.

6.    Signature virality

Users that are using your product, either embed one of the features in their own website or refer people to a hosted page to use a specific feature. In both cases, when this feature is displayed to other people, it also includes a “powered by” signature at the bottom, which then becomes a lead generation machine. Survey products are well known for the “hosted survey” approach (SurveyMonkey probably started it). This has also worked well for helpdesk companies such as Uservoice.

7.    Social virality

In this case, companies leverage existing social networks to spread the word about their product. Typically, you sign up for the product with a social network id (say your Facebook id) and then through using the product, you broadcast to your social graph the fact that you are using it.  Zynga exploded on Facebook because every time you fed your goat, all your friends knew about it. Spotify’s killer integration with Facebook is another great example of that. There’s much more depth to explore on the specific mechanics of using this tactic, but if you get it right, you’ll experience tremendous growth.

You can also add Twitter and Facebook accounts on top of an existing signup and broadcast to both whenever the user performs an action. Instagram does exactly that to get more exposure for the app and it seems to work well for them.

Also, I have no idea what are the results of the CutCopy album page but I found their use of this tactic to be super interesting.

8.    Pure word of mouth virality

Pure word of mouth happens when people are spreading the word about the product just because they enjoyed it, it’s free, or they think it’s cool. While this is very hard to quantify, there are two things you can do to support that kind of virality. First, build an awesome product that people really love (Evernote). Second, make it special and give people something to talk about. That’s where branding comes into play. I don’t have their numbers but I can guess that a significant part of Mailchimp’s growth is from people talking about their funny quirkiness.

Measuring Virality

If you are like me, then you cannot imagine doing anything without measuring it, or as Mark Pincus says: “You might as well not change it at all if you’re not going to measure the impact of that change.”

Measuring virality is very interesting. Many people are focused on the “Virality Coefficient” – how many new users on average does one user of your product “infect.” The holy grail is to reach a virality coefficient greater than 1. This usually results in exponential growth.

The virality coefficient is super important, but there’s one other critical number that you should pay attention to—the cycle time. The cycle time is the average time it takes from the moment that one of your users performs a viral action to the moment that a new user signs up because of this very action. It makes a huge difference if your cycle time is one day or 60 days.

David Skok of Matrix Ventures gave a presentation about that recently, and actually devised a formula to calculate the amount of users you will get after a period of time based on the Virality Coefficient (K) and the Cycle Time (ct).

Having virality expressed in this way is beneficial as it boils down virality to the optimization of two variables: maximize K and minimize ct.

It’s really quite simple. Pass it on.

45 Privacy Changes Facebook Will Make To Comply With Data Protection Law by Josh Constine

Comments Off

Posted on 31st December 2011 by Krishna Gupta in Social Media

45 Privacy Changes Facebook Will Make To Comply With Data Protection Law
by Josh Constine

In 2012, Facebook will be making 45 privacy-related changes to comply with the recommendations of an audit by Ireland’s Office of the Data Protection Commissioner (DPC) released today. Below I’ve compiled a roadmap of all the changes Facebook will implement based on the the 149 pages of DPC recommendations and how the social network says it will address them.

First, read my analysis of the audit’s findings from this morning. It explains why these changes won’t seriously interfere with Facebook’s business model or product development. That’s very good news for Facebook. Still, complying with the audit’s recommendations could prevent the company from building a huge stockpile of historical data for some unknown later use.

The changes mostly deal with how long Facebook retains data, and how people are educated about Facebook’s usage of that data. Some will require engineering work, such as irrevocably deleting user data within 40 days of an account deletion request. Others will simply see Facebook adding additional links or messaging within the product to improve transparency and user understanding.

Facebook avoided having to make some big changes that could have hurt its business, such as needing users to explicitly opt in to ad targeting based on their personal data. It also won’t have to discontinue its facial recognition feature, or requires users to opt into having their content used in Sponsored Stories ads.

Here are the 45 changes Facebook will implement and their due dates:

Privacy and Data Use Policy
Simplify the explanations of its Data Use Policy- End of Q1 2012
Add a mechanism for controlling personal data to the registration process – End of Q1 2012
Increase the size of links to the privacy policy and statement of rights in the registration process -  End of February 2012
Add privacy policy, statement of rights, and Help Center links to the left side of the Facebook home page – End of February 2012

Advertising Use of User Data
Clarify how it employs user data in ad targeting to ensure full transparency – End of Q1 2012
Limit data collection from social plugins, restrict access to this data, and delete it on schedule, though social plugin data is not currently used in ad targeting – Immediately
Move option to opt out of having one’s content shown in social ads from the Account Settings to the Privacy Settings – End of Q1 2012
Prior to implementation, discuss any plans to provide individuals’ profile pictures and names to third parties for advertising purposes – Ongoing
Switch from retaining ad-click data indefinitely to a 2 year retention period – Review in July 2012

Access Requests
If identifiable personal data of users or non-users is held, it must be provided in response to an access request within 40 days – Beginning in January 2012
Provide easier access to this data via the profile, Activity Log, and Download Your Information tool – Beginning in January 2012

Retention of Data
Clarify to users how deleted data such as received friend requests and removed tags is retained – End of Q1 2012
Provide users with the ability to delete friend requests, pokes, tages, posts, and messages on a per item basis – Begin in Q1 2012, show progress by July 2012.
Change Groups invitations so user won’t appear as members until they’ve visited the Group and been given an easy way to leave – End of Q1 2012
Delete personal data once the purpose for which it was collected has ceased – Immediate, ongoing, review in July 2012
Delete all social plugin impression data with 90 days of a website visit
For non-users and logged out users, delete social plugin impression data within 10 days
Anonymize data about a user’s searches on Facebook with 6 months
Anonymize all ad click data after 2 years
Significantly shorten the retention period of log-in information
Educate users through the Data Use Policy about recording of login activity across browsers and devices – End of Q1 2012
Work with the DPC to identify an acceptable retention period of data from inactive or deactivated accounts – July 2012

Third-Party Apps
Roll out updated granular data permissions dialog box to all applications – End of February 2012, review in July 2012
Clarify that use of an app is visible to friends by default (Facebook has fixed this with the audience selector of its granular data permissions dialog box) – Review in July 2012
Educate users on the importance of reading app privacy policies, possibly increase size of links to report an app or view app its privacy policy in the data permissions dialog box – End of February 2012
Implement a tool that determines if links to app privacy policies are live. First, Facebook will asses the technical feasibility of such as tool – Review progress towards implementation in July 2012
Examine alternative privacy controls for allowing friends to provide one’s data to applications, as currently users must turn off apps entirely to prevent friends from giving apps their data – Report back to DPC in July 2012
Investigate technical solutions to reduce risk of abuse of authorization tokens via one app transferring a token to another – Immediate assessment, solution by end of Q1 2012
Expand mesaging to developers regarding policy prohibiting sharing of authorization tokens –  End of January 2012
Refine automated tools that detect and prevent abuse of user data by developers – Progress review in July 2012
Disclosures to Third Parties
Improve system for disclosing data to law enforcement by requiring validation from a senior officer and a full explanation for why the data is needed – Commence in January 2012, review in July 2012
Facial Recognition / Tag Suggest
Notify users that Tag Suggest exists with a series of home page prompts and link to an explanation of how it works – First week of January 2012
Prior to implementation, discuss with DPC  any plans to extend tag suggest to allow suggestions beyond confirmed friends – Ongoing
Security
Formally document security policies and procedures – Review in July 2012
Monitor employees to ensure user password resets aren’t used to gain unauthorized access to user data – End of January 2012
Implement a new access provisioning tool to allow for fine-grained, role-specific control of employee access to user data to ensure all access is authorized – Review in July 2012
Deletion of Accounts
Continue devoting engineering resources towards improving the system that irrevocably deletes user accounts and data within 40 days of receipt of a deletion request – Review in July 2012
Friend Finder
Provide education about and review alternatives for reducing risks inherent in transmitting contact information via plain text for use in the contact sync feature – End of Q1 2012
Add text explaining that deactivating the contact sync feature does not remove previously synced data – End of Q1 2012
Prevent Pages that have uploaded email addresses to send messages to European users or non-users via geoblocking of major EU domains and warn businesses using the feature about ePrivacy law – Geoblocking immediately, warnings by end of Q1 2012
Tagging
Review implications of DPC’s recommendation to allow users to prevent themselves from being tagged in photos or other content – In advance of July 2012
Posting On Other Profiles
Review implications of DPC’s recommendation that prior to posting, users be shown how broad the audience will be for a potential post on the wall of another user, and notify users if that wall’s owner changes that audience size – In advance of July 2012
Facebook Credits
Add information to the Data Use Policy regarding Facebook’s role as a data controller and that information about a user’s use of Credits is linked to their account, and launch a privacy policy dedicated to its payments systems in approximately 6 months – End of Q1 2012
Compliance Management / Governance
Develop documented procedures for direct marketing by Facebook employees and train employees to ensure data protection – Completed
Review European data protection laws and consult with the DPC when developing new products or uses to ensure compliance with data protection law

Additionally, the DPC’s audit made statements, indicating its satisfaction with how Facebook handles these potentially controversial issues:
Cookies are not used for profiling or ad targeting
Apps were found to not be able to access user data without consent
Disabling Tag Suggest deletes a user’s facial recognition profile
User data is available to employees on a need-to-know basis
There is no threat to user photos during upload to Akamai or during deletion
The site protects against large-scale data harvesting through screen-scraping
User contact info, including phone numbers and email addresses, is only stored and not used unless users choose to supply email addresses for use in the Friend Finder
When users give Friend Finder access to their third-party email accounts and other services, their passwords are held securely and destroyed
Facebook has provided sufficient justification of its policy of refusing pseudonymous accounts
Facebook provides sufficient ways to report abuse on the site

Living with the Internet in India [INFOGRAPHIC] by Rick Martin

Comments Off

Posted on 19th June 2011 by Krishna Gupta in Social Media

A new study conducted by Microsoft, MEC, and Mindshare entitled ‘Living with the Internet – What is Driving Web Behavior’ provides some interesting insight into how India goes online.
The report gathered information from across 11 countries, including India, China, and Japan. It claims that in India, spontaneous activity on the internet has been reduced by half, as users are being more careful about how they spent their time online. 72 percent of Indians said that they “planned their activity on the internet in advance so that they could stay more focused and do more in less time.”
Neville Taraporewalla, the Director of Microsoft Advertising for Microsoft India explained:
[As] the internet grows to a scale and size, consumers are adopting a time-efficient, planned and deliberate approach towards internet usage, which in turn implies that marketers will have to work harder to reach the consumer on the go.
The report also says that 49 percent of Indians go online to communicate with others, and this is consistent with our recent report of the impressive growth of social media platforms like Facebook, Orkut, and LinkedIn in the nation. Entertainment is also important, and now that YouTube has made a push to bring Bollywood movies online for free, expect more Indian users to flock to that platform as well.
Living with the Internet comes with an infographic that visualizes much of the conclusions reached in the study.



Why more Females are joining Facebook in India?

Comments Off

Posted on 12th March 2011 by Krishna Gupta in Business Intelligence |Social Media

, ,


Facebook, the top social network in the world with more than 600 million users is ruling in India as well. Six months ago, Facebook became the No. 1 social network in India surpassing Orkut. Considering its popularity, there is no way Facebook is going to be dethroned, at least not in the near future.

With over 22 million Indians on Facebook, India is the 6th largest “Facebook nation” in the world. Facebook’s penetration rate in India is currently at 27 percent and about 1.5 million people join the network each month.

Here’s an interesting finding: Facebook is dominated by males in India. Over 70 percent of the users are male. This came to me as a surprise as we always believed that women rule social media. Apparently, in Asia, men seem to rule social media as we previously reported that there were significantly more male users than female in China too.

So, are the males destined to dominate Facebook in India? Maybe not. Digging deeper into the gender statistics, we found that the number of female Facebook users in India is growing rapidly (over 77 percent in the last three months). Our analysis is based on a comparison between a report we wrote in December and Social Bakers’s statistics.

That made us wonder what could have caused the sharp increase in Indian female users on Facebook. Numbers are dead and thus we decided to ask:

Co-Founder and online strategist at Foxy Moron,Harshil Karia, highlighted an interesting point. He reasoned that the rise of women centric brands on Facebook has attracted more female users on the social network.

“Facebook is being looked at as a ‘safe’ and more importantly a ‘must be at’ place for Indian female consumers,” said Karia. He also thinks that the increase penetration of mobile handsets is doing the trick. He said, “A mobile handset is a personal device, unlike a computer. This is important for Indian women because in certain conservative families, using the computer screen and being on ‘facebook’ may be looked down upon. The handset gives a woman the privacy to browse a social site without social stigma.”

Nitin Jain, CEO & Co-foundner of Digital upstarts, said that one of the ice cream brand that his company is working with has a 30:70 male to female fans ratio on Facebook. He added that this female trend has been observed in a lot of other brands too. In his opinion, brands which offered deals through Facebook are great incentives for females to join their pages.

All the above are reasonable explanations. One thing for sure, with this statistics, we can expect more female centric brands joining Facebook to connect with females in India. Last but not least, share with us if you know any other reasons which could explain the rise of female Facebook users in India.