Precedent’s Finance Forum Insights: Social media and blogging wins

By , Head of Digital Marketing

Missed the last month’s Precedent Digital Finance Forum? To our delight, the roundtable discussions quickly sparked participants swapping success stories for overcoming compliance restrictions and old fashioned thinking towards social media and blogging.

Here are just a few of the tried and tested solutions cherry picked as highlights from those roundtable talks. Have a read through and let us know your own experiences in the comments.

1. Thought-leadership and social media: the perfect match
Rather than use social media and blogs to push products, offering helpful and impartial information hasn’t just proved an effective strategy for major players like City Index or Lloyds TSB, it’s also bang on trend.
Stats from Google Insight reveal that DIY-style searches are significantly on the rise as users discover that adding ‘how to’ to a search string lets them skip the sales pitch and get straight to the content.

2. Softly-softly catches management approval
If you’re working at a less digitally forward-thinking institution, members of the forum found starting with a small and easily approved by compliance piece of digital activity gave them the stats and evidence for management to green-light larger initiatives.
The bottom line being if you’re speaking to management, talk return on investment and not blogs or Twitter. This means setting up the right tracking in advance – whether it’s Google Analytics for your website, buzz monitoring for the web as a whole, or bespoke tracking for your social media profiles – and knowing what metrics to track and how to interpret them.

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Death of a legend: Google Analytics’ interface

By Craig Cartwright, Technical Architect

Well it’s the end of an era for Google Analytics: come end of January 2012 they plan to replace the current interface we have all learnt to love and use with the new dashboard and features that they’ve been promoting for a while (Some may have already jumped shipped to the new interface as we’ve all had the chance for a while to change to the new!).

So what does this actually mean for all of us? And is it time to panic? Well I’d like to think that it’s nothing too serious to worry about, and for most, it will all be fine. But for some of the regular users like me that use some of the more obscure reports, it does mean some annoyance as they are being laid to rest (RIP).

But before running for the hills (or the likes of other great analytics packages such as Mint, etc.) be aware that some of these reports can still be found – but in the strangest of places – namely as “secondary dimensions” or via “advanced segments” for some of the traditional reports. As per the old interface these act as additional “parameters” for filtering reports. For example, the great old screen resolutions reports is now stored/shown as a secondary dimension in the browser report.

So what’s the hype or moan about? Well, with my like for spaghetti westerns – here’s my take on the good, the bad and the plain ugly….

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Buy stuff off the TV: BSkyB, Zeebox and ‘product placement’

By Adrian Porter, Head of Strategic Research

No, I’m not talking about QVC or similar shopping channels, I mean using your mobile, tablet or laptop to buy something while watching the TV. According to Ofcom we all do it all the time anyway, sitting there with our laptops, or tablets surfing the web while watching the latest episode of our favourite series. So it’s no real surprise that it was announced today that BSkyB has invested significant amounts in Zeebox – ‘The new way to watch television’.

So what does it do? Well it’s an app for your device that knows what you are watching, it can show you what your friends are watching and lets you interact with them, and it offers you tags that are related to the programme you are watching which will link you to places where you can find out more about the subject, or buy stuff mentioned in the programmes you are watching. If Joe Bloggs is plugging his latest book it will provide you with a link to hop off and buy it before he’s told you the plot.

Is that something we will all be getting into soon? It could be.

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Artificial intelligence on the iPhone 5 means businesses must up their social game

By , Head of Digital Marketing

As highlighted on Mashable, artificial intelligence (along with some truly remarkable voice recognition technology!) is coming to the iPhone 5 in the form of iPhone assistant and it’s going to mean big changes for businesses who aren’t already actively engaging in their wider web presence.

The iPhone Assistant has an eerily smart ability to take verbal, casually worded requests and turn them into search terms it then sorts and rates for you based on existing criteria. To see the old version in action, check out the YouTube video by Siri, a start-up acquired by Apple last year, who’s original app has been in development ever since in preparation for today’s iPhone 5 unveiling.

Because the assistant feature uses user generated web content to assess search results, whether or not someone liked your business on Facebook or put a favourable review for it on Qype will suddenly have the power to determine whether the assistant feature even bothers to show your listing to its human master.

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Has Whitehall already opened up to open source?

By Nicholas Oliver, Project Manager & Creative Technologist

This morning, Rory Cellan-Jones posted on the BBC blog about an FOI request that had been made in order to better understand the government’s software expenditure.

Can Whitehall open up to open source

What’s Whitehall’s attitude to software procurement? A cynic might sum it up as “nobody ever got sacked for buying Microsoft”.

With such a large number of government websites out there and over 294,000,000 pages being indexed by Google on the .gov.uk domain, I thought it was worth a deeper look to better understand where open source software was being used to best effect.

Starting out with one of the world’s most popular open source content management system, Drupal, a number of colleagues had a dig around to find some websites that were being powered by Drupal. A pretty sizeable list of 26 websites appeared:  http://groups.drupal.org/government-sites#UK

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Social media: the networking event you can’t afford to miss

In this, the fourth of a six part column contributed by Precedent to PSMG magazine, talks through some deadly sins of social media, while giving three simple rules to help you succeed in the social space.

Before I get into the nitty gritty of how to capitalise on social media, I’ll do the obligatory ‘why social media?’ for any remaining naysayers: put most simply, social media is where your users live online. For anyone still questioning this, look at networks like LinkedIn and its growth rate of 100% per year, or Twitter and its over-representation of professionals, politicians, journalists, and generally high-profile, influential people tweeting and conversing every day.

Essentially, not engaging in social media is now the business equivalent of skipping your next 500 networking events.

Deadly sins of social media
Firstly, please put those press releases down and back away from the Twitter feed. Posting press releases to social media is like walking into a cocktail party wearing a sandwich board of your services and shouting your latest achievements into a megaphone at the buffet queue.

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Integration or isolation? The finance report launches

By , Head of Research

It is with a sense of relief, and not a little gratitude to my colleagues, that I can formally announce the launch of our latest sector report: Integration or isolation? – The digital landscape for UK financial services.

I have been producing big reports into various sector websites for over ten years and the title of this one had me reflecting on the process that we undertake to get these reports ‘to press’.

As always the research and data collection is really the easy bit. It can be done in isolation. Just put me in front of a computer, leave me alone for a few weeks with a spreadsheet and ‘the job’s a good ‘un’!

It’s the concept, design, proofing and coordination of the people who help me bring the reports together that presents the biggest challenge – the integration.

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#UsabilityFail: is bad usability hurting your brand?

By , Consultant

At our recent #UsabilityFail seminar Mark Russell and I spoke about why you should stop wasting your marketing budgets on bad usability, covering the functional and organisation barriers that inhibit organisations from providing good online customer experience.

According to a recent report by e-Marketer by 2015 an estimated $51b will be being spent on online marketing each year.

So much money is spent and so much hard work is involved in getting people to your site which is fundamentally wasted if the experiences customers have on your site are poor. You should also be concerned that bad user experiences hurt your brand.

It’s easy to look at sales figures (or whatever success means for you) to quantify how well you are doing. With pride these figures get marched (well, sent) off to the senior management team where everyone pats themselves on the back for a job well done and left with the impression everything is going to plan.

But while this tells a usability story of sorts does this really indicate anything about the usability of the site and how satisfied your customers are with their experience on it?
For many years I worked for a website that failed to address the usability flaws in one of the most popular areas of the site because it provided the “least profit”. Investment was instead piled into those areas that were on paper the “most profitable” even though they were less visited.

This lack of investment where a larger percentage of visitors were most engaged ultimately turned people away from the profitable areas of the site. Why? Does a bad experience resonate with users much more than a good one? You can be certain of it!
We as website users take good usability and experiences for granted and so we should if you want your business to succeed online. Poor usability resonates with us and makes us more likely therefore to leave, complain and never return.

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Mini series: why Precedent?

This is the first in a series of profiles we’re pulling together from across the company covering all disciplines, to give you an idea of what Precedent’s about, how we work as a company and the opportunities that come from joining our team.

Amy Sansom, junior developer, Precedent Edinburgh

Having spent several years playing with web design as a hobby, I decided to go on and do a conversion course in multimedia and web authoring. I was lucky enough to land a junior developer job with Precedent almost straight afterwards.

Since starting with Precedent I have learnt a great deal: we use a variety of CMSs and develop in a mixture of languages. I’ve had a chance to develop with new and emerging technologies while working so closely with the other departments has increased my understanding of the whole process from start to finish.

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Getting defensive: design for your users

By Ryan Sackett, Consultant

Despite your best intentions, things will go wrong for users when they visit your website. But a little defensive design can make a massive difference.

So, what is being defensive? Well, it’s about two things:

Firstly, go looking for trouble – identify the places where you think your users will run into difficulty. Once you’re there, think about how you can improve the experience. Could the text be clearer? Do you really need the information you are asking for in that form? Anything that clarifies or simplifies will help you provide a better experience to your users.

Secondly, improve error recovery. As soon as you accept that things do go wrong for users you are halfway to improving their experience next time round. What is the user told when that form is incomplete? What are they presented with when the page they were looking for can’t be found?

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