Archive for the ‘Business Practices’ Category

Social Media vs. Word of Mouth: Which is better for the auto industry?

Author: Jennifer Hambric | Published: May 9th, 2013 | Comments 0 | Retweet

Let’s start with a scenario. You are in the market for a car, as a result, you spend subsequent hours on social networking sites and dealer websites, researching the best deals in your area, the benefits of one car brand over another and the best options in your price range, among many other decisive factors. Afterward, you ask family and friends about their car buying experiences to gather insight that will eventually sway your vehicle purchase. But which is the bigger influence on your decision making: internet surfing or word of mouth from trusted sources?

According a recent survey conducted by by Starcom MediaVest Group, people in the United States talk about their auto purchases 30,000 times a day on social media. The survey — which assessed more than 10 million automotive conversations over a 12-month period on popular sites such as Facebook, YouTube and Twitter —  found that social media indeed has an influence over car buying purchases and consequently has a strong effect on consumer behavior.

Nevertheless, these findings do not rule out word of mouth as an effective marketing tool in 2013. Why? Because social media is word of mouth!  Social media gives internet users a platform to intermingle with others, vent about their frustrations, divulge personal information, and update friends (as well as followers) about their daily activities.

Social media is essentially a virtual mecca for interaction conducive to the growth of any business. For that reason, a social media presence is a vital component in engaging consumers and cultivating positive word of mouth.

As a consumer, has social media influenced any of your purchasing decisions? As a dealership, are you invested in the conversations about your brand, products or services that take place in the social arena?

Training Your Dealership Staff To Meet The Needs of An Internet Consumer.

Author: Andy Warner | Published: October 10th, 2012 | Comments 0 | Retweet

Having served as a mystery shopper to hundreds of dealerships, I’ve seen firsthand the way their employees handle email marketing, phone communication, live chat, online reputation management and social media tactics. My findings? Automotive dealerships have a real opportunity to improve in these areas through employee training.

We all know that the world of car buying is changing rapidly, as are the expectations of the car-buying consumer. So how are you training your dealership staff to meet the new and different needs and expectations of this new breed of consumer?

Are you? (more…)

Tell Don’t Sell: The Bottom Line of Subject Lines

Author: 3 Birds Marketing | Published: September 21st, 2012 | Comments 0 | Retweet

3 Birds Director of Content Adriana DiFrancoAs a copywriter, I get paid to have fun with words. Word play, double meanings, alliteration, rhyme, sly pop culture references—all of these are my coin of the realm. I write catchy. So it makes sense that lots of people ask me the secret to writing catchy email subject lines, and by catchy they mean the kind that gets opened.

So today, right here, right now, and at no extra charge, I will publicly divulge the secrets to writing subject lines that compel people to open your email. But here’s the irony…it really doesn’t have a whole lot to do with creativity. (more…)

Approximately One-Third of All Online Reviews are Fake—so What’s an Honest Business to Do?

Author: Tema Larter | Published: August 29th, 2012 | Comments 0 | Retweet

Director of Content Tema LarterOr, the Importance of Playing by the Rules Even When it Feels Like No One Else Is

As anyone with an online business can tell you, consumer reviews are the bread and butter of online reputation—whether you’re selling clothing, household appliances, or the products and services available at your brick-and-mortar store. Increasingly, these user-generated reviews are also a crucial piece of any effective digital marketing strategy. That’s because a growing number of online shoppers rely on consumer reviews to make their online shopping decisions. In fact, according to marketing research company Lab42, 73% of people do at least half their shopping online, with positive customer reviews cited as the number-one factor influencing purchase decisions (negative reviews came in at number three).

The reason customer reviews are so important is obvious: consumers view the “unbiased” written assessments of other customers as fundamentally more trustworthy than the marketing materials produced by companies about their own products and services. And that’s probably true—assuming the reviews you find online are written by real customers, that is. (more…)

Wish I’d Said That: Gary V. on the ROI of Social Media

Author: Kristen Judd | Published: July 30th, 2012 | Comments 0 | Retweet

Kristen Judd President 3 Birds MarketingI’m a fan of quotes.  Not any old quote, of course.  There are plenty of people on Twitter who clog my feed with one cheesy quote after another until I finally cut bait and un-follow them.  Every so often though, I read an article or a statement that really resonates with me because it crystallizes thoughts that have been bubbling up in my mind.  I’ll be sharing these sorts of quotes with you in the blog when I discover them.

This weekend, I read a quote from Wine Library founder and a master of social media authenticity, Gary Vaynerchuk. It spoke to me because—although he’s talking about marketing as it applies broadly across verticals—he may as well be speaking directly to the automotive industry:

Every debate about the ROI of social media is the same conversation we had years ago about the ROI of e-commerce.  People don’t want to bet on the culture shift because it’s not happening in the next 20 minutes. (more…)

Facebook Finally Went Public: Now it Just Needs to Find a Way to Make Money

Author: Megan Gardner | Published: July 5th, 2012 | Comments 0 | Retweet

Megan GardnerWhen Facebook went public in May, it caused a huge stir. Despite a lackluster debut, most people believe the social media standard-bearer has the potential to be enormously profitable for a long time—if only it can figure out the key to unlocking access to its 900 million users, and more importantly, their wallets.

For the time being, paid Facebook ads are the future, but it’s an unclear future at best. With mobile devices outpacing sales of laptops and PCs at about 50-to-1, the fact that Facebook has not figured out how to place ads on those mobile devices is a huge problem. With this and other problems, major companies are starting to take note and act accordingly. Right before the IPO, GM pulled Facebook ads from its advertising playbook, calling them ineffective. When the nation’s largest auto maker and fourth largest advertiser pulls $10 million worth of advertising from the world’s most popular social media site, you know there’s a problem. (more…)

Ask 3 Birds: How Do I Get More Facebook “Likes”?

Author: Evan Chaisson | Published: June 27th, 2012 | Comments 0 | Retweet

3 Birds Marketeer Evan ChaissonThis is probably the first and most frequently asked question when it comes to social media—not only for our clients, but for businesses in general. At its root, the question boils down to how a business measures the value of its Facebook presence and what it hopes to accomplish through social media. Since “likes” are the first and most easily measured numerical metric, it tends to be where businesses get stuck. The problem is that too many businesses get so concerned with the number of “likes” that they skip the very important question of who is liking their page and why. In doing so, they miss out on the opportunity to turn those likes into dollars. (more…)

Facebook’s Promoted Posts: Are They Right for You?

Author: Arnold Tijerina | Published: June 17th, 2012 | Comments 0 | Retweet

Arnold TijerinaFacebook’s Edgerank algorithm—the formula used to determine the order content appears in a given newsfeed based on which content is deemed most relevant to that user—may make the Facebook experience more seamless for casual browsers, but it’s a challenge for businesses that harness the social media platform as part of a marketing strategy. After all, thanks to Edgerank, each post on Facebook only makes it onto the newsfeed of about 12-17% of its fans. The fans that do see it are more likely to be those that have already chosen to visit your page, or that regularly interact with your posts. Edgerank’s feedback-loop effect makes it harder than ever to reach and engage consumers that don’t self-select your business’s content. (more…)

In the Brave New World of Digital Marketing, Automotive Has a Long Road Ahead – Part One

Author: Andy Warner | Published: May 23rd, 2012 | Comments 0 | Retweet

Andy Warner, Director of Automotive Strategy, Talks Shop

There is no question that the automotive marketing space is experiencing an evolution—if not an outright revolution. First, the whole world went online; then, online went social. But that’s already old news. Today, the principles of digital marketing are changing as quickly as the social media sites that dominate the online news channels. From General Motors pulling $10 million out of paid Facebook advertising to Bing and Google incorporating personalized social media content as part of users’ search results, everyone realizes that there is a change occurring in how to reach consumers.

So, how can individual dealerships make sense of these changes and continue to reach customers online? There have never been more options, but the challenge is in finding the best approach to meet your specific goals amid all the noise. (more…)

Harness the Power of Customer Satisfaction with Customer Testimonial Videos

Author: Tema Larter | Published: May 18th, 2012 | Comments 0 | Retweet

YouTube LogoWe’ve said it before and we’ll say it again: there’s no better advertising in the world than positive word of mouth.  It’s authentic; it’s compelling; and best of all, it’s free. Hopefully you’ve already claimed and optimized your dealership’s profile on review sites like Yelp and DealerRater—or allowed us do it for you—but are you making the most of this potent marketing resource?

Case in point: customer testimonial videos. Each and every day, you and your staff work diligently to please your customers, from first-time car buyers to the most loyal patrons. You probably hear positive feedback from many of those customers on a daily basis—but chances are you aren’t harnessing that feedback to your advantage. Customer testimonial videos are an easy, inexpensive, and fun way to do just that.  And, people love to watch video, so it’s a more engaging tool to attract new customers. (more…)

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