Recap From Last Week
Last week we covered Target's social media marketing of their Fall Style Campaign, announced September 11, 2018. We looked at Target's profiles and activity on Twitter and Instagram, their announcement and use of the #TargetMyWay label on each platform, and examined the Social Mention and Google Trends data to determine that their Social Media Marketing strategy for the campaign was mostly a bust. This week, we will look at some of the specific ways that Target's strategy missed the mark and how they can improve their use of social media going forward.
This Week's Analytics
Google Trends
Overall, the interest in Target over the past seven days is consistent with the trends we looked at last week. There was increased interest in Target on October 28, which I credit to an Instagram post from LL Cool J, discussed in more detail below.
Social Mention
The TargetMyWay label is back from the dead in honor of Halloween this week! The strength, passion, and reach have all increased from the data we examined last week. In addition, the sentiment is overwhelmingly positive. As discussed last week, I credit the spark in #TargetMyWay use to the influencers and celebs who are helping to share the hashtag in the groundswell. This week, it was LL Cool J who resurrected the hashtag by partnering with Target to surprise customers with free Target gift cards. Consistent with the trends we looked at last week, LL Cool J initially used the hashtag on his Instagram and it was later shared on Twitter by others.
Target store, captured 10/29/18 |
Goals and Recommendations
Goal: Increase interest in Target to reduce the threat of competitors.
Amazon and Walmart are two of Target's biggest threats as a company. Unfortunately for Target, both Amazon and Walmart generate more interest in the social media world, as shown in the Google Trends comparison chart below.
7-day trends for Target, Walmart, and Amazon, captured 10/27/18 |
Remember from last week that Minnesota was the only state in which interest in Target outranked interest in Walmart? Well once Amazon in thrown into the mix, Target's grip on Minnesota disappears.
7-day trends by location for Target, Walmart, and Amazon, captured 10/27/18 |
Recommendation 1: Invest in additional social media monitoring and listen to what the groundswell wants from Target
Some important questions have come up through my social media monitoring project. First, is Target doing anything different from a social media marketing perspective in Minnesota that contributes to their popularity there? Second, if they are doing anything different, how can their strategy in Minnesota be harnessed to generate greater interest nationwide? Third, how does the groundswell want to interact with Target? What kind of relationship are they interested in building with the Target brand? Finally, where on the Social Technographics Ladder to Target customers fall? What strategy will work for the Social Technographic Profile of Target Customers?
I believe that many of these questions can be answered through additional social media monitoring, targeted at analyzing what is being done in Minnesota and other states with the highest interest in Target. In addition, Target should place a greater emphasis on listening within the groundswell. I found Target's ability to listen both successful and unsuccessful through this project. Target deserves credit for acknowledging the value in adopting and marketing the groundswell-created "Tarzhay" nickname. However, they should have placed a greater emphasis on listening to what labels the groundswell was using to discuss their brand instead of trying to force a label they created.
Target should work to interact with the groundswell in a more natural, and less aggressive way. They were much more successful at this on Instagram where the hashtag was picked up by influencers and celebs, but definitely, have room to improve on Twitter. One way that Target can try to do this is by incentivizing the use of the label. For example, Target can choose to feature their favorite #TargetMyWay posts on their social media profiles. Depending on what Target is willing to spend, they could also offer rewards, such as Target gift cards, for posts that were selected to be featured.
I believe that many of these questions can be answered through additional social media monitoring, targeted at analyzing what is being done in Minnesota and other states with the highest interest in Target. In addition, Target should place a greater emphasis on listening within the groundswell. I found Target's ability to listen both successful and unsuccessful through this project. Target deserves credit for acknowledging the value in adopting and marketing the groundswell-created "Tarzhay" nickname. However, they should have placed a greater emphasis on listening to what labels the groundswell was using to discuss their brand instead of trying to force a label they created.
Recommendation 2: When it comes time to talk with and energize the groundswell, do it naturally
As we covered last week, Target's forceful use of the TargetMyWay label was an unnatural way to interact with the groundswell. Unfortunately, the hashtag suffered as a result.Target should work to interact with the groundswell in a more natural, and less aggressive way. They were much more successful at this on Instagram where the hashtag was picked up by influencers and celebs, but definitely, have room to improve on Twitter. One way that Target can try to do this is by incentivizing the use of the label. For example, Target can choose to feature their favorite #TargetMyWay posts on their social media profiles. Depending on what Target is willing to spend, they could also offer rewards, such as Target gift cards, for posts that were selected to be featured.
Recommendation 3: Maximize their pop-culture status and energize their brand enthusiasts
There is no arguing with the fact that Target has achieved some type of "pop-culture status". From their presence in internet memes to Buzzfeed quizzes and articles, they have a niche of loyal brand enthusiasts.
Article from Buzzfeed |
Quiz from Buzzfeed |
Final Thoughts
Going forward, Target should create a strategy guided by the ultimate goal of increasing interest in their brand in order to mitigate the threat of their largest competitors, Walmart and Amazon.
My recommendations for Target in working towards this goal are:
My recommendations for Target in working towards this goal are:
- Invest in additional social media monitoring and gain a better understanding of what the groundswell wants from Target
- Engage with the groundswell in a more natural and less forced way. In the future, especially avoid trying to force anything on the groundswell.
- Take advantage of the pop-culture status of the brand and energize Target enthusiasts through communities or forums.
And yes, I did take that Buzzfeed quiz...