Category: Social Media Marketing

Social media marketing at the FIFA World Cup spikes Nike sales

Even though the brand spent more than usual on advertising this quarter, its results were still better than expected.

Nike has reported that even though it spent more on advertising such as social media marketing as the FIFA World Cup got underway, it still managed to achieve results that were stronger than expected for its fiscal fourth quarter.

The company has stated that strong social media played an important role in this success.

The brand explained that the gains that it experienced were the result of a number of different efforts, which include strong social media marketing campaigns, new products, and a digital advertising strategy that was well received, including the “Risk Everything” campaign. As a result of this, the company not only saw its revenues rise, but they increased notably higher than they had anticipated.

This helps to illustrate the strength of a well implemented social media marketing campaign.

It reported that its revenues rose by 11 percent to reach $7.4 billion. The Nike brand product sales increased by 13 percent to break the $7 billion mark. Its Converse revenues also rose by 15 percent, to reach $410 million. The brand also pointed out that these revenue increases were experienced in every one of its regions and in its key categories, as well as in their children’s, men’s and women’s businesses. Their profits rose by 5 percent, to hit $698 million.Social Media Marketing - Nike sales spiked by World Cup

According to the president and CEO of Nike, Mark Parker, “An ongoing two-way dialogue with consumers is a critical element of our digital ecosystem.” He also went on to explain that this type of interactive experience offers the brand considerable innovation driving insights that boost the connection between the consumer and the company’s brands. Social media and mobile marketing also offer a platform over which consumers can interact with each other, not just the brands, themselves.

Parker added that “Through our social media platforms, we leverage the power and passion of sport to deepen our relationship with our consumers.”

As companies and brands continue to discover the ways in which they can properly implement social media marketing campaigns, it is clear that this type of success story will become increasingly common.

Mobile marketing gets a big hug in England

Advertisers in the United Kingdom have clearly embraced the channel and the trend is only improving.

While mobile marketing is doing quite well in a number of different markets, in the United Kingdom, adoption has been considerable and has reached the point that eMarketer has concluded that it is “the new normal” in that country.

At a time in which a huge focus is placed on social media advertising, it is over smartphones that many people are reached.

In the U.K., there is a boom that is being experienced in mobile marketing, particularly over social media, that is expected to continue racing forward until it slows to a near plateau in 2018. eMarketer released a report entitled “UK Social Networking Trends: mobile Is Becoming the New Normal”. Its conclusions were that the entire forecast period of the report – which ends in 2018 – will see a steady growth in social media use over smartphones. It stated that this year will see 75.3 percent, but that this figure will rise to 90.2 percent in that final year.

As consumers start paying more attention to smartphones, advertisers are looking to mobile marketing.

mobile marketing trends Overall advertising and social media marketing are becoming a mainstream focus in the U.K. Brands and businesses are seeking to connect with consumers over the channel that they prefer the most, and in many cases, this means smartphones. The true opportunity is in the fact that most consumers have those devices with them and turned on, most of the time. This allows for a new and critical level of real time engagement that has never been possible before.

That new data aligns well with a study that was released in February 2014 by a social media firm called Immediate Future. It looked into the way marketers in the United Kingdom felt about social engagement offers in real-time. Though the most frequently cited benefit identified among the participants was general audience engagement, 35 percent also felt that it helped to increase customer loyalty and retention, while a quarter said that they experienced better return on investment as a result of social mobile marketing.