Times are changing on social media where if you pay a certain amount of money, you can obtain the famous blue checkmark to show verified account status. But does that little checkmark really mean anything to anyone anymore?

What Is Verification?

In the beginning of Twitter blue checkmark time, in 2009, the blue checkmark was used to show who was an official and authentic account, usually a celebrity, athlete, or someone of high status. It helped to determine which account was real versus fake or a parody as multiple accounts for users kept popping up, even though it wasn’t actually them. 

Facebook followed suit and started their verification process in 2012 and Instagram in 2014. Same kind of process to make a clear distinction between a real page and a page run by a fan. 

Most sites have a verification process and they are similar. Just prove you are who you say you  are and then you will obtain that blue checkmark. But now the blue checkmark is growing to include more people than just those with a big name or reputation. 

Exploring Paid Verification 

When Elon Musk took over Twitter, he had to figure out new ways to monetize the business. This came in the form of a monthly subscription to have the verified blue checkmark along with verified member-only features like the ability to post longer videos, less ads on their feeds, and a bump to the top of news feeds. At first Musk’s plan came with some backlash, but it is still chugging along. The numbers don’t seem to be coming back where they predicted they would be, but it is still new. “Twitter subscribers in the US made up less than 0.2% of monthly users in January, two months after Elon Musk introduced Blue, The Information reported Monday, citing a document,” via Business Insider. While 0.2% doesn’t seem like a lot, when you put it in monetary value, it is. “Twitter’s currently bringing in an extra $2.4 million per month via the program, or $7.2 million per quarter,” according to Travis Brown.

The platform is also adding gold checkmarks for official brand accounts, and gray ticks for ‘government and multilateral’ accounts. At what point is too many different colored checkmarks too much and do they even make a difference? According to Business Insider, businesses will pay $1,000 per month to keep their gold verification checkmark.

If Verification is Bought, Is Value Lost?

When something like verification is able to be purchased, does it make having the checkmark a lesser value? Do those accounts that have the checkmark even matter to users? Does it devalue the accounts that “earned” the verification in the first place with follower numbers?

The checkmarks could be looked at as a status of being able to afford whatever that checkmark costs. And because of that checkmark, whatever those accounts have to share, whether important or not, gets pushed to the top of the feed just because they pay for it. Do you like this or would you rather see the accounts that you follow because you enjoy what they post at the top instead?

“New research from Maine Business School at the University of Maine shows that verification isn’t always a positive, as social media consumers associate verification more with celebrity than credibility and are much less likely to trust product endorsements from verified accounts if the content is inconsistent with the influencer’s brand.”

The results from a study published in February, 2022 in the Journal of Consumer Behavior showed that not only do consumers associate verification more with celebrity than authenticity or credibility, but because of that, they are less likely to trust a verified social media influencer if they are advertising a brand that is inconsistent with their usual messaging. Even when the brand seems suited to the social media influencer, consumers do not trust verified accounts more than their unverified counterparts.

The Bottom Line

Most, if not all, social media platforms have some form of a verification process. And just like how buying likes and followers is a big mistake on all platforms, buying verification might be looked at as the same thing in today’s world. 

Each business is unique and may benefit from the pro’s of verification. It is always worth researching what value is received when purchasing verification. But at this time, marketers and business owners might find more bang for their buck with other strategies. 

A professor once said that marketing is fixing the problem with connecting the customer to the business. There is always a need, a want, a desire, a problem. If you can figure out reasons for the customer to need your business, then you can easily market it to them. This seems like common sense, but getting back to the basics of marketing might be getting lost in the shuffle. Think about how many advertisements you see in a day. Whether you are watching TV, listening to the radio or a podcast, looking at something on the internet and so on…advertising is everywhere. So how can your marketing be found in the flood of advertising? 

What’s In It For The Customer?

The market is saturated with similar products and services. It can be very competitive depending on what your business is. The best thing to always remember when marketing is how does it help the customer? Constantly talking about the product or service can just get boring. But saying how it helps the customer right off the bat can encourage the potential customer to keep reading to learn more about it. Here is a great example from ContentFirst Marketing.

Think about those old school infomercials. The ovens that cook turkeys in less time than others, the knives that can cut anything, or the ladder that extends higher than competitors but stores in smaller spaces. These always stood out because they were fixing a common problem customers could have. Potential customers saw value in the products. Stick to this way of thinking, and it will be a great way to build upon a campaign.

Stand Out Where Your Customers Are

Talk to any marketing professional and you will hear a different opinion of where your business should advertise or what platforms you should be present on. It seems like everyday a new social platform is born. It is nearly impossible to be present on all of them with a marketing strategy. And of course there are thousands of ways to reach potential customers, but figuring out where your target audience obtains their information would be a great place to start.

According to Seth Matlins, Forbes Staff, 3 out of every 4 brands could disappear in an instant with no one noticing or caring. That is a lot! That means those brands are not meeting a need, want, desire or solving a problem for their customers or there are too many competitors in the market. Within the same article, Seth mentions that almost 8 of every 10 searches on Amazon are by category, not brand. Customers aren’t searching for Suzy’s Honey but instead are searching for honey. When that search happens, thousands upon thousands of results of honey show up and Suzy’s Honey gets pushed to page 6, which hardly anyone ever gets to.

Instead of running around trying to be everywhere all at once, focus on maybe a couple of different places and do your best on those to market your product instead of just doing minimal efforts on many.

Start With The Basics

Many business owners and marketers are confusing tactics with strategies and strategies with objectives. In marketing, while copying something a competitor has done is flattering, it likely may not wind up working for you. Just because we think that we can jump straight in and copy the tactics others are using we likely won’t get the same results. Why? Even if something worked for them does not mean it will work for you.

Start with the basics again, even if you’ve already had successful campaigns. Go back to the problems your potential customers have and understand why they are having those problems and how your business can help them. Decide which group you are going to really focus on. Doing this can help narrow down your marketing strategy and help determine which niche your products fits in for this particular campaign. And finally, take a look at how this group buys something. What is their buying pattern? From step 1 of having a problem to step 2 of where they go to research how to solve their problem and step 3 of actually buying can help when deciding what kind of marketing you should do. Do your potential customers like to read, listen or watch a video? Do they like reviews? Do they like to go to a store to make a purchase or buy it online (if it is a product)? Do they like to call and speak to someone on the phone about a service or would they rather set up a meeting and speak face to face? So many questions but these can help get back to the basics.

The Bottom Line

Fundamental marketing may seem super boring and it may seem like you are leaving a lot of potential customers on the table if you aren’t marketing everywhere. However, the power of finding the right target market and the ways they buy, can work. Even the greatest and most expensive tactics fail. It isn’t about the amount of money or the size of the target market. It is, and always will be, about finding the right product or service for your clients.

One of the most common questions we hear is, “How can we get the most bang for our buck,” when talking to potential clients. From small to very large companies, investing funds into marketing budgets can be a very hard decision to make simply because business-minded professionals want to maximize their return on investment. 

Working with a marketing agency can help boost confidence in finding the value of all aspects of marketing. From digital advertising to ghostwriting, to a full video production, a marketing agency can be a one-stop shop for all of those needs. Understanding how a marketing agency works, what they do and what services they can provide you is a great starting point to figuring out if working with an agency will be a good fit for you.

What Is A Marketing Agency?

Let’s start with an overview of Triple-Nine Digital. We are a full-service digital marketing agency centered on foundational marketing and run by technology. Our guarantee is to support you, your business and your team, and make you feel more relaxed with the marketing side of your business. What that all means is that we will help you with your marketing strategy, from whatever point you are at, to help you reach your goals. We help in whatever way is best for your business when it comes to implementing marketing strategies, solutions and evaluating results to reach your goals. 

Are Marketing Agencies Expensive?

Ultimately, your budget and needs will determine what is deemed expensive for your business. One of the best qualities of a marketing agency is that there is a whole team of professionals who work together to ensure your goals are met. When you figure out how much an account manager, writer, photographer, videographer, social media strategist, advertising specialist, and so on cost individually, you will likely find value in working with a marketing agency that employs all of them and gives you access to these professionals for a great price. 

Costs are always going to be different per client, per project, and per contract. They will also fluctuate depending on where you are located, the services provided (advertising campaigns are a great example) and what the goals are. 

Hiring a Marketing Agency

Now that you understand what it is that a marketing agency does, now you can research agencies in your area and start to interview them. We suggest working with a local agency so that you can have face-to-face meetings, they will understand your target audience better (if you are a local company) and will have a better reach with local advertising and media efforts. However, that doesn’t mean that a local agency can’t help with a business that is nationwide. Ask each agency how they can handle this for you.

When reaching out to the agencies, have a list of projects that you are interested in having services for. An example would be that you’d like a redesign of your website, monthly social media, and monthly advertising. Some agencies may ask what your advertising budget is and others may suggest a budget based on what they believe will help you to reach your goals.

Agencies should do some of their own research on your company to learn about your business, where they can see ways you can improve immediately, short term and long term in the marketing world, how they can help you to do this, and what your competitors are doing. 

After your initial meeting with the agencies, you will be sent proposals for marketing and/or brand management services based on your initial conversation and their assessment of your brand. This is a good time to compare and contrast, look at how they match services to your needs. Have they addressed your initial goals and concerns? What is their commitment to your success? 

Depending on the services you want, you may not have met the people you would actually be working with at the initial meeting. If you think you want to move forward with an agency, you can ask to have another meeting with the team you would be working with so you can meet them and see if they are a good fit for your business. Meeting with the team as a whole can give you a really good idea of what it is like to work with an agency. 

Can A Marketing Agency Help Your Business?

We like to pride ourselves on having multiple professionals with different focuses on our team that can help you reach your goals. Finding one person that can handle every aspect of your marketing strategy, plus day-to-day business operations, and do everything well, might be hard to find. But outsourcing this work to a marketing team that has years of experience under their belts is going to help you. Offloading your marketing from your table can allow you to focus on what you want to with your business, especially if marketing isn’t your forte. 

The Bottom Line

If you are ready to start conversations with a marketing agency, and are local to the Spokane area, we suggest contacting us. Let’s chat about the services you are interested in and how we can work together to create the best marketing strategy for your business.

It is hard to believe that 2022 is almost over. Not that we are rushing it away, but this last business quarter is a great time to reflect on what has been working on social media for your business and what ideas you may want to consider tackling in 2023. Take a look into our crystal ball with us to try to predict some social trends for the future. It may be worth paying attention to these so your next year is amazing!

Word of Mouth Influencer Marketing

You head to the grocery store and see a new product on the shelf. You look at the package, read whatever it says, but put it back on the shelf because you just aren’t sure if you are going to like it or not and don’t want to spend the money if it is going straight to the trash.

You go to a birthday party and see that same product in their pantry. So, you start asking around, “Hey, are those chips good?” and the feedback is positive. They all like the chips! So, the next time you head to the grocery store, you purchase a bag, simply because when you asked, people liked them so you thought you would too!

Influencing an audience with trustworthy people isn’t anything new, but it is in our faces more than ever. Obviously, we can’t predict who is going to talk to who about a certain product, but we can push the product and information about it to our audiences with positive influencers. Celebrities, athletes, performers, etc., are all over social media pushing whatever product to their target audience because they are a trustworthy influencer. 

As a business, pay attention to influencers in your industry. Take the time to get to know them, their brand, their audience and see if it would be a good fit for your product too. Turning an influencer into a brand ambassador for your business can have a huge impact with long-term results.

Short Videos Will Be Huge

Tik-Tok length videos are huge. They are now all over Instagram and Facebook too! Unfortunately, a lot of us have the attention span of a snail. No one has the time to watch 5-minute-long videos. But we can scroll through 15 second videos for 5 minutes. How does that work!? It is because each video is different, offers something new, and connects with the audience on several different levels. 

Traditional photo and caption posts are slowly dying. More attention is being given to video, which isn’t new, but audiences continue to crave information this way. 

So, for next year, plan to record whatever is going on. Own a restaurant? Record your chef making something. Edit it into several different 15 second videos and post it. Own a retail store? Record your merchandise and edit it into fun and engaging short videos. Don’t know how to edit or don’t have the time? We can help!

Live Videos Will Transform Social Media

If it isn’t a 15 second short video, then it is going to be lives dominating our social feeds. Lives allow for viewers to have the ultimate experience with whoever at a business, or maybe even an influencer like we mentioned earlier, with potential for conversation right then and there. 

Surprisingly, long live videos are fine as compared to uploaded longer video content. Seems like apples to apples but it is the live feature that makes the video unique. And if users are jumping on to watch a live, then whatever network it is being shared on will see the uptick in viewers, thus realizing it is good content, pushing it out even more.

Grab your target audience’s attention with a live video when you are at an event, when your store is running a special and you want to show the special off, go live when you want to make a special announcement or just go live and say ask me whatever you want! People love to go behind the scenes and see how something is made or work in progress. Lives can allow for that to become a reality!

The Bottom Line

Nothing is ever set in stone. If something works for you on social media, you can keep on doing it. Don’t be afraid to give something new a try. Your target audience will need to be trained to look for these new things, so don’t get frustrated if a live video doesn’t have a lot of viewers right away. It is new to them just like it is new to you! Leverage the resources and knowledge you have on your team, but reach out to us should you need new ideas.