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Social Media… …the brand-building, buzz- generating, ordering, buying, reviewing, selling, customer retention, so you can make money in the new century medium Are you paying attention?
25

Social Media For Business 2 23 2010

Oct 17, 2014

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Determine how to use social media for your business. It's the branding tool of choice today for many businesses...and possibly your competitors.
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Page 1: Social Media For Business 2 23 2010

Social Media…

…the brand-building, buzz-generating, ordering, buying, reviewing, selling, customer

retention, so you can make money in the new century medium

Are you paying attention?

Page 2: Social Media For Business 2 23 2010
Page 3: Social Media For Business 2 23 2010

What is social media?

Internet- and mobile-based tools for sharing and discussing information among human beings. Wikipedia

Page 4: Social Media For Business 2 23 2010

What social media is not

Social networking Social networking has always existed Exchange of ideas between two or

more people

E-commerce Limited to online or mobile monetary

transaction between parties Can be a function, component or

result of social media

Page 5: Social Media For Business 2 23 2010

What is social media…to business?

The use of Internet- and mobile-based tools to: Engage customers Collect consumer data Share information Generate awareness…

Page 6: Social Media For Business 2 23 2010

What is social media…to business?

…and Brand your organization, product, or service.

Page 7: Social Media For Business 2 23 2010

How social media delivers

Promotion Last minute promotion of

Montgomery Inn ribs to celebrate 20th anniversary of Montgomery Inn Boathouse

All You Can Eat for $19.89 Feb. 22-26, 2009

Actions Social media release Twitter “tweets” Facebook updates Blogs Traditional news release

Results:

Feb 22-26, 2009—Montgomery Inn sold 19,450 lbs (nearly 10 tons) of ribs

Page 8: Social Media For Business 2 23 2010

It’s the way people of all ages and demographics are communicating

Studies show consumers research products online before buying

True for B2C and B2B

Why wouldn’t you build your online relationship with them…NOW?

Website

Blog

Social networking profile

Wiki

Podcast

E-newsletter…

Its usage is growing rapidly

Vital part of marketing mix

Engages customers like no other medium

Natural evolution of marketing and PR

Traditional advertising is declining in usage/revenues

Is social media relevant?

Page 9: Social Media For Business 2 23 2010

Is social media relevant? Facebook.com- Social Network Site

400+ Million Active Users1.5+ million “local” businesses have active

pages

70% of users engage w/ Platform apps each mth

Twitter.com- micro-blogging site110.3 million people answering the question “What’s happening?” in 140 characters!

Wikipedia.com- Information Sharing Source684 Million visitors/ 75K active contributors

Youtube.com- Video Sharing5 billion online US videos44% share of all online videos

Digg.com-Social News site40 million active users

Page 10: Social Media For Business 2 23 2010

Is social media relevant?

A.C. Nielsen created multi-million dollar company focused entirely on measuring social media Founded in late ‘90s, PlanetFeedback

was a website that attracted consumer opinions of products and services; earned revenue from advertising

Purchased by Intelliseek in 2004 Purchased by A.C. Nielsen in 2006

and combined with R&D company to become Nielsen BuzzMetrics

Focused entirely on online brand monitoring

Legitimizes and measures consumer response in a virtual world

Page 11: Social Media For Business 2 23 2010

Types of social media

Weblogs/Blogs—Blog.Wired.com, Okeeffepr

Microblogs—Twitter

News dissemination (Social Media Release)—PitchEngine.com, Google News, Twitter

E-Newsletters

E-mail

Social media networking sites—Facebook, LinkedIn, Google Groups

Aggregators—FeedBurner, FriendFeed

Wikis—Topic-specific Wikipedia pages

Online photo/video sharing galleries—YouTube, Flickr

Podcasts

Text messaging

Internet forums

Event forums—Meetup.com

Custom Applications—FourSquare

Page 12: Social Media For Business 2 23 2010

Strengths/Weaknesses

Strengths Real time Generates direct consumer demand Branding Rapidly increasing usage Increases search engine rankings Accessible Easy-to-use Cost-effective Organic Strong…and growing…user base Website Alternative/Replacement

Weaknesses Difficult to measure [but improving] Time Consuming Still evolving

Page 13: Social Media For Business 2 23 2010

Important points

You DO need to communicate your message

You CAN measure impact of social media

Content is King…for driving traffic.

You DO NOT need to be an active blogger But it helps!

Leadership should embrace social media, not fear it

Establish social media policy and best practices

If you don’t establish a representative voice for your organization, someone else will!

Dissenting voices can easily become “de facto” voices for your businesses

Purpose is not to “control” message, but to “guide” message and engage your publics

It all starts with your website!

Page 14: Social Media For Business 2 23 2010

The tools!

Website. It all starts here! The basis for all PR, branding, social

media Dynamic, functional, user friendly The face…and often first

impression…of your business Content rich—to drive search

engine results

Social Media Policy Establishes best practices and

procedures Ensures that entire staff is on

message Empowers staff to be proactive Positions social media as “means to

engage” rather than “distraction” Encourages customer participation

Page 15: Social Media For Business 2 23 2010

The tools!

E-newsletter Ensures regular contact Promotes/strengthens brand Delivers timely, relevant content Easy to monitor Measurable Call to action Entertains Can be self administered Inexpensive—no printing, nominal monthly fees

to manage (e.g., ConstantContact.com) Example: City of Sharonville (Ohio)

Implemented Fall 2008 to bridge gab b/t business and residential communities

Partnered with Chamber to get subscribers Doubled subscriber list in 6 months Receives e-mails thanking them for newsletter

Page 16: Social Media For Business 2 23 2010

The tools!

Blog

Enable direct communication with and feedback from audiences

Can be monitored and managed by staff

More personal and dynamic than typical website

Can be separate from or part of main website

Typically ties into overall marketing/PR strategy

Can allow comments from visitors; can monitor comments

Easy to create using free, downloadable blog software

Best used for sharing information of interest to or that specifically benefits targeted users

Serves as home page for many organizations—growing trend

Page 17: Social Media For Business 2 23 2010

The tools!

Social Media Release

Online news dissemination device

Immediate delivery to numerous social and business networks

Large and growing mainstream/trade media subscriber list

Often preferred means of receiving story ideas/pitches

Rapidly growing user base

Easy to use

Typically free or low cost

Page 18: Social Media For Business 2 23 2010

The tools!

Microblog—Twitter

Limited to 140 characters per entry

Allows people to follow each other in real time from any location with Web/mobile access

Simple to use

Increasing usage among businesses, individuals, politicians and media/PR pros as news dissemination device

Bridging gap between traditional and social media

Growing number of reporters take story pitches from Twitter ONLY

Page 19: Social Media For Business 2 23 2010

The tools!

Social Networking Communities What are you doing?

Who do you know?

Fan pages

Groups of common interest

Photo/Video Sharing Sites Personalized albums

Share via invitation, e-mail

Showcase events, demonstrations

Page 20: Social Media For Business 2 23 2010

The tools!

Social Media Applications—FourSquare

Encourages people to explore their communities

Rewards people for doing so

Heavy mobile phone usage

Page 21: Social Media For Business 2 23 2010

What’s next?

Google Wave Collaborative tool

Equal parts “conversation” and “document”

People communicate and work together with richly formatted text, photos, videos, maps, and more

Evolved from Google Maps

Google Buzz Conglomeration of social

network, micro-blog, photo gallery, e-mail,…

Page 22: Social Media For Business 2 23 2010

Social media for B2C

Cincinnati Sports Leagues (CSL) (gocsl.com) Objectives

Promote CSL activities Attract interest from advertisers

Social Media Components Facebook page—426 friends, Brian

updates and monitors, posts events Twitter profile—attract followers Soapbox.com—blogged daily 1 week to

promote CSL to older/business audience Results

Increased brand awareness Frequent customer interaction Personalization—strong friend base

Page 23: Social Media For Business 2 23 2010

Social media for B2B

General Data Company (general-data.com) Objectives

Promote products to targeted healthcare prospects Build awareness as experts on healthcare data

capture/workflow Social Media Components

Healthcare blog Promote via FeedBurner, RSS feed, etc. “Live blogging”—Client interviews industry

authorities at conferences; streams/posts interviews via GD’s blog

Social media releases—all GD news YouTube Station—post video demos, etc. Soapbox.com—featured growth company

Results Increased awareness Recognized as industry authority by prospects Increased search engine rankings Network TV Coverage—Personal ID Patient

Wristbands featured on CBS’ The Doctors

Page 24: Social Media For Business 2 23 2010

How not to use social media

Motrin (Johnson & Johnson) (motrin.com) Objective

Sell Motrin Social Media Components

Irreverent video designed to appeal to young mothers suffering from back pain associated with baby slings/carries

Posted ad to YouTube and Motrin.com Results

Small # of “mommy bloggers” were offended; posted scathing remarks on Twitter

Motrin apologized and pulled ad immediately Motrin pulled entire campaign Motrin wasted all money spent on campaign

Later Findings Motrin heard from same mommy bloggers that they

were disappointed video was pulled Mommies wanted their concerns addressed, not

dismissed Motrin failed to engage and befriend bloggers; lost

potential customers

Page 25: Social Media For Business 2 23 2010

Questions?

513.221.1526

[email protected] / linkedin.com/in/danokeeffepr / Twitter.com/danokeeffe

www.okeeffepr.com

Who’s telling your story?Social Media = New Business

Dan O’Keeffe & Jill DunneO’Keeffe PR

Daniel GraffGraff Designs