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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

How to measure social media ROI

The main challenge of measuring ROI is keeping up with changes in algorithms, implementing the new tools that reach the marketplace and proving to your customers that they're getting the most extinct of their investment in you. Here are five steps for your ROI measurement strategy: - • Set Social Media Goals - ROI can be measured in a variety of ways: through customer acquisition, lead generation, clicks, revenue, contest entries, etc. It all depends on your goals. To know more, please read the article by Graham Gullans: http://www.adageindia.in/digital/digitalnext/five-steps-to-measuring-your-social-media-roi/articleshow/52016847.cms

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How B2B Companies Can Use Social Media To Their Advantage

B2B companies currently utilize social media platforms to enhance their content marketing strategies. Nowadays, B2B marketers are utilizing these platforms effectively. This has helped to improve customer engagement and brand relationships. To know more, please read the article by "The young entrepreneur council": - http://smallbiztrends.com/2016/04/b2b-social-media-tips.html

 

 

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Prediction of gentrification by social media

A new research has found that social media posts and check-ins can be applied to anticipate when an area is about to be gentrified. Researchers from the University of London investigated thousands of social media posts on Twitter and Foursquare to determine what venues and what neighborhoods brought people together of heterogeneous background versus those that attracted homogenous crowds. To know more please read the article by Jonathan Simrin (seeker's web producers): - http://www.seeker.com/social-media-predicting-gentrification-1732419822.html

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Social Media and Election

In today's world, particularly in urban and semi-urban areas, social media and networking sites have become very strong mediums of communication. The Election commission of India is keen to know the nature of the campaign on these sites and if the candidates are trying to spread hatred, lies or anything with communal overtones through these mediums. To more please read the article by The Hindu: -

http://www.thehindu.com/news/national/kerala/ec-to-keep-tabs-on-social-media/article8488260.ece

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The role of social media for social workers

Social media platforms have become more established in society, and so its adoption and acceptance in social work have also become normal. It is important, therefore, that newly qualified social workers are encouraged to nurture their digital skills and consider the moral implications of using social media as an engagement tool. Social workers should communicate through social media more effectively. To know more, please the article by Denise Turner (An associate tutor and PhD student in the school of education and social work at the university of Sussex): - http://www.theguardian.com/social-care-network/2016/apr/07/social-workers-social-media

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How to invest smartly by using social media

When we invest without using Twitter, LinkedIn and other social media, we are making a mistake that could deprive us of potential profits. Author "Brain D. Egger" recommended that we don't have to be a 'master of the universe' to know which social media tools can improve our research. o Twitter: - Financial bloggers and analysts use Twitter to let people know what they are thinking about stocks and news events. And there are cases where news break first for investors for social media. So, social media can be a way of becoming aware of what's happening in real time or the news becomes stale. Read more at: http://www.blackenterprise.com/money/how-social-media-tools-can-make-you-a-smarter-investor/

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Social media can give a real-time update on high school safety

Social media feeds can provide a real time understanding of the current scenario. Even in high school context, social media can play an important part. Terror strike at school to suicide, trauma, we can surely defend them if we have subsequent update of malicious activity near school premises. Collecting students' online data isn't the only option. School boards in Canada employ a number of methods to tackle the issue of safety in schools. A safety monitor is essentially a trusted person students can come to if they have a problem. But poking nose into student’s wall or social platform is a choice of ethical issues. To read, follow: http://www.cbc.ca/news/canada/canadian-school-safety-social-media-monitoring-1.3479718

 

 

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Social Media In Law Enforcement

Social media is becoming valuable for law enforcement professionals, both in crime prevention and investigation. Use of social media is becoming important, but the question is how exactly it is being utilized to optimal effect in criminal investigations. It looks at current Law Enforcement practices and processes. This changed the landscape over the last few years. According to a study, there are more than 8200 likes on an average in any Police department's Facebook page which helps the officers to connect with the community. Read more at: http://www.weau.com/home/headlines/Importance-of-social-media-in-law-enforcement-373027831.html

 

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Facebook is turning into open source company

Facebook is a company which is not exactly providing an open source software but delivering all those services in open source platform. According to the company they are believer in knowledge sharing and once they open their processes it will be good to design better model and more efficient perspective. Talented engineers will provide more and more inputs and it will make their recruitment process easier. Although the company is still not sharing any sensitive data, analytics processes and algorithms not because it will violate data security norms but it may create an integration problem as Facebook has a huge database. 12 years back Facebook started with an idea to use open source software to develop their own product and services and later they will make it available for open source development following the Google’s methodology.  

To read, follow: http://www.forbes.com/sites/roberthof/2016/04/15/inside-facebooks-open-source-machine/#269823766e99

 

 

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Agile Marketing for Your Brand

To be ready for the next big trend or story, it is essential to build your personal brand online. To stay on track, good research and analytics is very important. If you are thinking of what's being shared on social media, there are many ways how your brand can take advantage of agile marketing. It can help in staying ahead of what is to come and be prepared for news and events. Today one needs to be active on social media and track content and trends. It is essential to build an audience. Knowing the need of the audience is a good start along with a flexible marketing plan. Few steps that can increase brand awareness are: - # Track the latest hashtags # Conduct thorough research # Be ready for change. As you involve agile marketing as a regular part of your personal branding strategy, it's good to remember that this is a process which involves careful attention and planning. To read more about agile marketing follow : http://www.business2community.com/branding/use-agile-marketing-bring-visibility-brand-01461244

 

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Three user generated content mistakes you need to stay away from

The way of taking a decision to buy a product has been changed. Now customers prefer and trust visual content that comes from real people over other forms of advertisements. It's an easy job for the company to 'like,' 'comment,' and share the photos customers post about their brand on social media. Juliet Carnoy (marketing manager at Pixlee) writes in her article about three user-generated content pitfalls they need to stay away from. These are: 1. don't forget to permit content, 2. don't feature only a subset of your customers, and 3. don't close off conversations. There are numerous benefits for incorporating user-generated content. Any brand can easily achieve great results by avoiding above mentioned mistakes. Read more at:http://www.socialmediatoday.com/marketing/3-user-generated-content-marketing-mistakes-avoid

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Social media vs. bulk messaging service

Election month has again arrived in India with 5 states having their state government election. All the politicians are again targeting voters with all the means they can attract their votes. The medium which highly used now a days is social media. But with its rise, will bulk messaging and voice services of the campaign see the doom? The engagement through various social media has been very beneficial because of features like pictures, info graphics, tweets, polls. But how far social media can take you. Its reach is limited is limited to the internet and it's still not available to every corner of the country. So bulk messaging and social media needs to work hand in hand for a successful campaign. Read the complete article here: http://www.computerworld.in/feature/election-campaigns-should-we-vote-social-media-or-bulk-messaging-services

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Effective social media marketing

Social media marketing is becoming important for modern business houses and it is about more than just setting up a profile page and posting the occasional update. The goal of the social media marketing is to build a bond with the audience, and to spread message through shares and reposts. Content is important but, the timing and frequency of posting matters a lot. Read more at: http://www.business2community.com/social-media/update-social-media-infographic-01544177#xexbEW2s1LgAGWXm.97

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Successful Business with Good Customer Experience

The most dynamic aspect in market is Customer. It is important for businesses to focus on customer experience. For this, not only offline experience works but digital experience is also equally important. To retain your customer and to build the brand, businesses need to think strategically:

 

  • ·         No need to worry about price, since 56% of customers pay more to get better customer services, and are willing to pay upto 30%.
  • ·          Make your website more informative and easy to access. Website is more a communication channel and not only a showroom.
  • ·         Social media is ruled by customers, not marketers. Marketers need to connect with customers through social media not only for promotion but to get feedback, to get back to them as earlier as possible.
  • ·         Personalization is everything. Give more personalized experience to your prospects and customers.

 

 We can say that marketer need to give a perfect mix, either it is offline or online experience for the customers. To know more go through the given link: http://www.cmswire.com/customer-experience/create-memorable-customer-experiences-with-these-strategies/

 

 

 

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Social media and induvial

Social media and induvial

Social media is providing endless opportunity to grow our popularity as individuals. But, for business enterprise the best thing is to divulge itself in social media networks. But social presence should have some purpose. We post a lot of daily stuffs in our social wall. In one way that is good because you are one step closer to your distant audiences. We often follow social platforms like twitter, Facebook to get more exposure to what is happening. Social platforms like YouTube, Pinterest provide extensive peripheral knowledge. So in one word these platforms, providing our enormous facility in the learning process, business expansion and lifestyle development, but there is a point when social media becomes an addiction. So, it is high time that we define our position in social media. 

to read, follow: http://www.irishexaminer.com/lifestyle/features/do-we-share-too-much-on-social-media-389859.html

 

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Impact of Social Media On Shopping Behavior

Social media refers to the use of virtual social networks, peer review and other social tools in purchasing process. According to a study, 64% of smartphone users use their phone to shop - and most of them look for reviews and recommendations from a number of sources to help them make their buying decisions. Reviews in social media affect consumers of different ages and races. Shoppers embrace the Internet for a variety of reasons like convenience, price, and selection. Read more at:

 

 http://www.emarketer.com/Article/How-Social-Media-Influences-Shopping-Behavior/1013718

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Medical Advice though Facebook

Chatbot technology has been the hype of 2016, with Facebook taking the charge. With Chatbot becoming the future assistants we all will need, now even medical advice will be available through the Facebook messenger.

Online doctor consultation platform Lybrate on Monday, released a chat bot for having a virtual online consultation with your doctor.

Lybrate, founded in 2014, with 100000 doctors on its platform, across 50 specialties, For more details on the chat bot,

Read More : http://www.businesstoday.in/technology/news/now-you-can-chat-with-a-doctor-on-facebook-messenger/story/232089.html

 

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How social media will help you to get recover from traumatic experiences

Social media enables us to reach transplant survivors and families far from them. There are many people who use social media to help manage their health like "My Transplant Chat Group" and many networking accounts to attract people who share their health concerns. There are a lot of healing and help, as individuals share their experiences, answer questions and provide moral support. To know more, please read the article by Sharon Brennan (freelance writer and journalist):  

http://www.theguardian.com/society/2016/mar/01/social-media-control-illness-online-health-forums

 

 

 

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How to break a wall created by social media

How to break a wall created by social media

According to a research, half of the respondents perceived their social media as a business liability.  Social media can impede professional progress or even halt Errant social media profiles typically fall into one of the following categories: -
• Inaccurate- From job titles to worldview, inconsistencies among various social media tools are really easy to expose.
• Sparse- Experts suggest that if we can’t dedicate the time to be active on a platform, then delete our profile entirely.

• Overwhelming- People who view our profiles wonder if we are on social media 24/7, leaving no time to be productive on other projects.
To know more, please read the article by William Arruda (contributor at Forbes): -
http://www.forbes.com/sites/williamarruda/2016/03/13/how-your-social-media-profile-is-holding-you-back-and-what-to-do-about-it/#42006a4a2d83

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Social media will change T20 world cup experience

Social media will change T20 world cup experience

T20 World Cup is taking place in India and people can't be more thrilled this year. The Indian team is doing quite well. Here are some social media platforms planning ahead for the world-cup: -
• Facebook: - Facebook Live, a live streaming service to find a closer behind-the-scene experience. FB are planning to show stadium experience, press conferences of post-match, players Q & A and many more.
• Instagram: - You can follow the hashtag WT20 as all the players and teams will upload the photos and videos with this hashtags.
• Twitter:- Twitter launched special emojis for every country in the form of hashflags apart from WT20, AskTheCaptain, and WorldT20Heros.
To know more, please read the article by Ivan Mehta (Tech News Editor)
http://www.huffingtonpost.in/2016/03/14/t20-world-cup_n_9452422.html

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