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| Minding your Business will be Design Incentives News: Stacie Pinnavaia has earned the Incentive Professional (IP) designation from the Incentive Marketing Association. This designation is the result of training and testing on the design, implementation and execution of Incentive Programs. Congratulations, Stacie! Readers of Corp! Magazine have voted Design Incentives one of the Best of Michigan businesses. We're delighted to be among the other great companies that share this designation. Thanks! Six Predictions for Social Media in 2010: Corporations look to scale. Big companies have experimented with social network marketing and support one-offs, but the belief is that corporate efforts will become much more programmatic and strategic in 2010. Social business becomes serious play. Social networking companies move more heavily into entertainment. Your company will have a social media policy. And it will be enforced! Expect your company to formalize it’s views and rules of engagement for employees. Mobile becomes a social media lifeline. Forget the cigarette break; you’ll be taking social media breaks. Sharing no longer means e-mail. What we used to forward to friends & co-workers on e-mail, we will now share across networks such as Facebook and Twitter. Social media looks less social. We will become much more exclusive in our social networking practices. Source: David Armano, founder of Dachis Group. How the Wealthy search for Luxury... Wealthy consumers are avid users of search engines, reported by the Luxury Institute. More than 75% of wealthy consumers (identified as those with household income of $290,000 and ave net worth of $2.9 million) use search engines when shopping for luxuries. 78% search to find the best price 77% compare different brands 77% find specific co website 75% search where to buy 72% read customer reviews Source: NEXT Magazine, 1.18.2010 Livonia office
Stacie Pinnavaia, Acct Exec. stacie@designincentives.com To reference our archive of newsletters, or to learn more about our capabilities and experience, reference our website: www.designincentives.com The Design Incentives Lines List: If you would like a particular subject addressed in future newsletters, just let us know. We’ll do the research and include it next time. |
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Please click here for the PDF version of this newsletter. PROS AND CONS OF SOCIAL NETWORKING SITES Are you on line yet? According to DJ Heckes, CEO of EXHIB-IT! Tradeshow Marketing Experts covers the pros and cons of 3 major social media sites: LINKED IN: Cons: 1. Networking is not automatic – you’ll need to proactively use this tool for it to be effective for you. 2. Most of the groups do not allow solicitations; be sure to read the rules of engagement carefully and make sure you’re in the group that makes sense for you. FACEBOOK: Pros: 1. More personal than business, but works well for “social” businesses such as casinos, entertainment venues, consumer companies. 2. The softer side of business for people that are comfortable crossing personal and work relationships. 3. Companies can communicate with “fans” that have opted in for their updates. Cons: 1. Hard advertising is discouraged, so if that’s your intent, this is not your venue – you’re likely to lose fans with a hard-core sales approach. TWITTER: Pros: 1. Social media’s #1 attention-getter. People cannot resist checking out the latest “tweet”. 2. They’ve chosen to follow you (or you’ve chosen to follow them), so again, an Opt-in situation to communicate with your audience. 3. Great medium for quick referrals and to share bits of information. Cons: 1. Jury is still out on whether Twitter will have longevity. Some believe it’s popular today but will be replaced by the next big thing in a nanosecond. 2. It’s habit-forming and can be a time-waster if left unchecked. Source: Wearables Magazine, Jan 2010 For a White Paper discussing Social Media vs. Management, click here. 10 Steps to Writing Better E-Mail Messages Top 5 Do’s:
Top 5 Don’ts:
Source: SalesForce XP – Jan/Feb 2010 issue. Recommended Reading:
If you want to grow your business, you have to stay connected to your stakeholders- whether you're a big corporation, a small business, or even a nonprofit. The Social Media Bible will show you how to harness the collective wisdom and viral value of your stakeholders and stay ahead of your competition. Washington Update
Wellness Programs Linked to Employee Engagement & Retention Employees are eight times more likely to be engaged in their work when their employers make wellness a priority, according to a white paper from Right Management, a subsidiary of Manpower Inc. The study also found that:
“The strongest organizations are going to be the ones that attract, engage and retain top talent,” says David Arkless, Manpower’s president of corporate and government affairs. “Wellness in the workplace is central to an organization’s survival. Companies, governments and the like will need to revisit their strategies to ensure that workplace wellness is woven into their plans, as the organizations that don’t will struggle to remain competitive.” The white paper, “The Wellness Imperative: Creating More Effective Organizations,” is available at www.manpower.com/research/research.cfm. |
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2010 Design incentives, Inc. |
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