When choosing to learn from others’ social media strategies, it is always helpful to choose one of the top dogs in social media. Like Starbucks marketing for example.
Marketing is often confused with promotion, but it’s more than that. As Peter Drucker put it, “the aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.” In truth, marketing is about insights more than anything else.
Check out our thoughts on creative marketing.
Meet Starbucks
They have been successfully executing their social media marketing plan since the first days of social media and social commerce. For over 5 years, and their strategies have played a significant role in their growth.
With more than 18,000 retail locations in 60 countries, the coffeehouse is the picture of success.
Starbucks rode the baby-boomer trend in the 1990s, the swelling ranks of mid- age professionals who could share and enjoy a cup of coffee with friends and colleagues, away from work and home.
In my opinion, the company has inserted itself into the American urban landscape more quickly and craftily than any retail company in history. It has forever changed the way companies market themselves to customers.
It is a simple concept. People don’t read ads, they read what interests them. So if you are going to generate content marketing campaign designs, you are going to have to create an interesting copy. And, oh, by the way, it must be more interesting than the millions of other advertisements out there. Now that is a daunting task, isn’t it?
Here is how we believe they have been so successful:
Related material: What Marketers Need to Know about Personalization Strategies
Market segmentation
The company has stayed with the upper-scale of the coffee market, competing on comfort rather than convenience, which are the case with its closest competitors, McDonald’s and Dunkin Donuts.
Execution
The company continues to focus on its original product bundle that includes good coffee, quality service, and a nice environment to hang around. They keep their attention on paying attention to the details of great execution and service.
Starbucks marketing … Social Media
One of the earliest adopters of the use of social media for marketing and social commerce, Starbucks has certainly taken a leadership position. Their social media strategy is built around their company web site and 6 additional social platforms, including Twitter, Facebook, Pinterest, G+, YouTube, and My Starbucks Ideas. We will review Starbuck’s social media strategy in detail below.
Adaptation and Innovation
Starbuck’s business crowdsourcing, via it’s My Starbucks Idea website, has been a huge success. Why you may ask? Because they have combined the concepts of change, experimentation, social media, customer engagement, and market research and made the results key components of both their brand as well as their marketing strategy. Have you given My Starbucks Idea a try? What did you think?
Starbucks has clearly embraced the digital realm. With a strong presence on multiple social networks, the brand has set a high bar when it comes to being social and engaging its customers.
They are at or near the top of nearly every major brand ranking in social media.
Starbucks’ ability to wear so many hats corporate success, “local” favorite, and Internet sensation warrants strategic examination.
Why is Starbucks such a social media marketing success story?
There are seven key reasons their social media strategy is a successful difference maker for their marketing campaign. Here is my take on why:
Customer relationships
Instead of solely focusing efforts on accumulating new customers, it cultivates its current relationships. This ensures more fans/followers in the long run, as well as the continued existence of brand advocates. This holds true across the board: In-store experiences are highly valued, along with online engagement, emphasizing the importance of customer service.
Going to its customers
When Starbucks takes a photo, it shares it on Instagram, posts it to Facebook, tweets it on Twitter, and pins it on Pinterest. It clearly goes to where all its customers like to hang out. Cross- promotion is more valuable as the world becomes more digitally focused.
Each network provides an opportunity to reach a new audience, and integrating your strategy on each is crucial to increasing visibility and promoting the brand.
Starbucks marketing … customer engagement
They believe in letting customer engagement and conversation occur as naturally as possible. They listen carefully, observe, and apply new ideas from what they learn.