Top Banner
Social Media, Right Now (and you + your career) A short talk for the Princeton Club of Western Washington February 15, 2011
48

PCWW NetNight Remarks Social Media

Nov 01, 2014

Download

Business

Slide deck accompanying remarks by Clay McDaniel given to Princeton Alumni Club of Western Washington on February 15, 2011. Generally speaking the talk focused on social media, social media marketing, and a call-to-action to get involved and get engaged, either for personal career or professional reasons. Also, there is a LOLCat slide. And a Justin Bieber easter egg. Note: all images used in this presentation *not* the property of my company have been hyper-linked to their original sources, and remain the right of the original site or owners. Also, significant props and name-check given to Marta Kagan and her super-awesome "What is Social Media NOW" presentation available on slideshare also (which is leagues better than mine).
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: PCWW NetNight Remarks Social Media

Social Media, Right Now (and you + your career)

A short talk for the Princeton Club of Western Washington

February 15, 2011

Page 2: PCWW NetNight Remarks Social Media

Who’s Here?

A LOT of you!...

…spanning a healthy cross-section of graduation years. [Although my quick survey of the registrations suggests the strongest class turnout will be from ‘95. *Sis boom bah*+

Page 3: PCWW NetNight Remarks Social Media

Who Am I?

“Hi, I’m Clay – Damn glad to meet you.” • Search: clay mcdaniel [it better be easy to find me, or i’m in the wrong job…] • Managing Director at Spring Creek Group • 5 years working in this field; 10 years+ in interactive consumer marketing • PU ‘95 alum • @claymcdaniel / @springcreekgrp + + + … • I run this place… • ...and by consequence (+ my 3 kiddos, fly fishing addiction, and various other

pursuits), please forgive my imperfect attendance at other events here …

Page 4: PCWW NetNight Remarks Social Media

A Little Context:

This is an exciting time! So long as you’re not afraid of 2 things…

Page 5: PCWW NetNight Remarks Social Media

Thing 1: the Internet

Page 6: PCWW NetNight Remarks Social Media

Thing 2: Change

Page 7: PCWW NetNight Remarks Social Media

The Big Picture

Industrial Revolution

Global Product Design,

Production, Trade

Professional Services & Rise of

Creative Class

Technology & Software

Revolution

Internet: Online Services &

Ecommerce

SOCIAL & MOBILE MEDIA!

Early 20th century Mid 20th century 1970‟s / „80‟s

~1985 – recently 1995 – now(ish) RIGHT NOW!

Page 8: PCWW NetNight Remarks Social Media

Believe the Hype.

Page 10: PCWW NetNight Remarks Social Media

Social Media has a become pervasive – and powerful –

channel for businesses seeking stronger (digital) relationships

with their customers.

Page 11: PCWW NetNight Remarks Social Media
Page 12: PCWW NetNight Remarks Social Media

But it’s also fundamentally changing the way we

communicate who we are, what we care about, and with whom

we communicate every day.

Page 13: PCWW NetNight Remarks Social Media

All content ©2011, Proprietary and Confidential

“there’s something happening here…”

Page 14: PCWW NetNight Remarks Social Media

All content ©2011, Proprietary and Confidential

“RT @cairo meet me at #tahrir IRL. NOW!”

“I heard „em say

„the revolution won‟t be televised‟,

Al Jazeera proved „em wrong,

Twitter has „em paralyzed…”

Page 15: PCWW NetNight Remarks Social Media

Social Media Has Opened an Enormous ‘Gap’ in Traditional Media, Research, News, PR, Advertising, Business Models… But This Also Creates Amazing New Opportunities!

Customer Service /

Reputation Management

Outbound Marketing/ PR /

Advertising

Product Research

& Customer Insights

Page 16: PCWW NetNight Remarks Social Media

Lucky YOU / Us!

• You are already living & working in one of the true hotbeds of social media technology and professional services innovation: Western Washington!

Page 17: PCWW NetNight Remarks Social Media

Social Media Marketing

So What’s All the Fuss About?

Page 18: PCWW NetNight Remarks Social Media

Social Media Applications / Sites / Services You Probably Know, Use, & Love …

Page 19: PCWW NetNight Remarks Social Media

And just a few more….

Page 20: PCWW NetNight Remarks Social Media

And let’s not forget the most important new media site of them all…

Page 22: PCWW NetNight Remarks Social Media

Facts!

1. Social media is changing the way people interact and communicate with each other…

2. … and the way customers interact with companies.

3. …And therefore the way companies can interact with their customers! [BUT, only if they commit to spending a little time and effort on it.]

Page 22

Page 23: PCWW NetNight Remarks Social Media

• More than 500 million (++) active users • 50% of active users log on to Facebook in any given day • More than 35 million users update their status each day • More than 60 million status updates posted each day • More than 3 billion photos uploaded to the site each month • More than 5 billion pieces of content (web links, news stories, blog

posts, notes, photo albums, etc.) shared each week • More than 3.5 million events created each month • More than 3 million active Pages on Facebook • More than 1.5 million local businesses have active Pages on

Facebook • More than 20 million people become fans of Pages each day • Pages have created more than 6 billion fans • +… worth more than $50B, as per recent fundraising round

Source – Facebook.com

Page 25: PCWW NetNight Remarks Social Media

• Preferred place to originate customer support inquiries for millions

• Treasure trove of instant customer and brand research

• Facilitated two revolutions in recent history

• +… Justin Bieber!!!!!!!

Page 26: PCWW NetNight Remarks Social Media

• $500MM in annual revenues after < 2 years

• Crowdsourcing + coupons + local biz + email = GOLDMINE

• Recently rejected $6B buyout offer from Google (?!)

• …and looks like they made the right choice (!!)

Page 27: PCWW NetNight Remarks Social Media

Fallacies, Falsehoods and Fiction:

• “Social media marketing is…”

– A panacea (i.e. “magical solution to all problems”)

– A great performance marketing (i.e. direct response) channel

– “Free”

– A replacement for good PR

– Easy

– Able to create nearly immediate 20% site traffic lift

– “…the next big thing…”

Page 27

Page 28: PCWW NetNight Remarks Social Media

The reality…

Horsepuckey.

These Are The

Same Thing… [Truism: Happy

Customers Never

“Engage”…]

Page 28

Page 29: PCWW NetNight Remarks Social Media

Why Is Social Media Important to Businesses?

Page 29

Page 30: PCWW NetNight Remarks Social Media

Why Is Social Media Important to Businesses?

Page 30

Page 31: PCWW NetNight Remarks Social Media

Still, it’s not the easiest thing in the world for companies or marketers to

always do well.

An Illustrative Case Study

Page 32: PCWW NetNight Remarks Social Media

Skittles: “Taking the Red Pill…”

• Skittles (or, more likely, their AOR) had a good idea: “Let’s completely give over our website to our community!”

Key Questions:

• Were They “True Believers”?

• Or Were They Just Seeking the Truth?

• Or was it a Marketing Gimmick?

• Who Knows.

• Let’s See How it Went….

Page 32

Page 33: PCWW NetNight Remarks Social Media

Day 1: “Aren’t We Clever?!?!”

Page 33

Page 34: PCWW NetNight Remarks Social Media

Day 2: “Retreat, Retreat!”

Page 34

Page 35: PCWW NetNight Remarks Social Media

Day 3: “RT @Houston: Problem!”

February 14, 2011 Page 35

Page 36: PCWW NetNight Remarks Social Media

Day 4: The People Have Spoken…

Page 36

Page 37: PCWW NetNight Remarks Social Media

Your Task:

Get Strategic About The Opportunity, Challenges, and Role of Social Media for

Your Organization… and Yourself

Page 38: PCWW NetNight Remarks Social Media

Ask, “Where is the Opportunity?”

38

Inactive

• Avoid what

customers and

competitors are

saying about

you online

• Allow

competitors to

control the

conversation

about your

industry and

brand

• Ignore influential

authors who

may be able to

champion your

messages

Watch

• Listen to what

your customers

are saying about

you

• Track changes

in customer

perception

• Monitor

competitors in

space

• Leverage data to

understand

landscape

React

• Respond to

negative attacks

• Correct factual

errors

• Stop competitors

from gaining

share of voice

• Compare

competitors and

analyze partners

• Utilize a blog to

complement

“traditional” PR

& Comm efforts

Engage

• Provide

resources for

bloggers to

share your

message

• Identify and

leverage

influencers

• Create active

competitive

analysis strategy

• Reach out to key

bloggers

Activate

• Push content

and stories to

influencers and

fans

• Motivate your

ardent

supporters and

fans to spread

the brand love

on their own

• Let community

have first look at

materials,

commercials and

other creative

Drive

• Manage

message and

comment boards

for customer

groups

• Maintain and

grow thought-

leadership

presence where

it matters most

• Develop & drive

industry blogs

that put

company in

positive light

About Us About Spring Creek Group

Page 40: PCWW NetNight Remarks Social Media

TO SUMMARIZE…

Go Forth, Learn, and GET INVOLVED!

[Hint: Your Career – and Customers – May Depend Upon It!]

Page 48: PCWW NetNight Remarks Social Media

Thank YOU! Have fun…

• ..And now that we’ve gotten all the boring slides out of the way, the time is close at hand to participate in the original social media: cocktail hour.