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Stephanie Miles via Street Fight
When RadioShack launched its pilot campaign with Foursquare in August 2010, the company’s director of social media and digital strategy, Adrian Parker, was skeptical that the platform could be used as an effective marketing tool. So RadioShack started out small and began using the redemption codes embedded in its check-in offers to track the purchases of its customers. After 15 months of tracking this data, it became clear that customers who check-in on Foursquare spend more money on average than those who do not. These customers are also more likely to buy wireless products, a core component of the RadioShack brand.
But they don’t analyze the people demographically, as far as I can tell, aside from having a smart phone.
Reblogged from futuristgerd|52 notes |# Comments
Social media and mobile apps to account for 50% of online sales by 2015, says Gartner
Companies need to to incorporate social media into their online sales and marketing as a matter of urgency, concludes a Gartner report.
Full Story: NewMediaAge
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Panos Ipeirotis set out to study the dollar value of online reputation, and along the way he discovered the counter-intuitive ways that reviews inform it Paul Higgins: this must be read carefully to look at a strategy that might work. Full Story: Technology ReviewHow Negative Reviews Increase Sales Online
CHART OF THE DAY: Here’s Why Agencies Have To Buy Online Ads To Go With TV Ads
Full Story: Business Insider
Amazon Kindle Fire: The math behind a subsidized tablet
For many companies, subsidizing the Kindle Tablet wouldn’t make much sense, but Amazon has unique assets. Here’s a look at the numbers behind the Kindle Fire.
Full Story: ZDNet
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