The challenges & opportunities of Social Media Theresa Lintvelt Greg Cook Head of Brand & Online Marketing Eureka Financial Group Colonial First State
Nov 19, 2014
The challenges & opportunities of Social Media Theresa Lintvelt Greg Cook Head of Brand & Online Marketing Eureka Financial Group Colonial First State
What we’re going to cover
Companies jump into social…
What we’re going to cover
Companies jump into social…
But most don’t have a proper plan
Welcome
What we’re going to cover
• Overview of social media platforms • Developing a social media strategy • Managing your social media platforms
• Case study (Greg Cook) • Discussion • Tools & tips
Which platform?
Overview of the key platforms
Data from h*p://www.socialmedianews.com.au/social-‐media-‐sta9s9cs-‐australia-‐june-‐2012/ h*p://thesocialskinny.com/100-‐more-‐social-‐media-‐sta9s9cs-‐for-‐2012/ h*p://blog.marginmedia.com.au/Our-‐Blog/bid/80873/Australian-‐Internet-‐and-‐Social-‐Media-‐Sta9s9cs-‐March-‐2012
11 Million Unique Visitors 1 Hour of video uploaded every second 4 Billion video views per day
11 Million 46% 54% 25% 25 – 34 years 21 minutes 40 seconds
1.6 Million
64% 36% 33% 45 – 54 years 9 minutes 30 seconds
2.1 Million 55% 45% 33% 45 – 54 years 8 minutes 50 seconds
Other useful platforms…
Where to start? With some tough questions
Is this the right way to communicate with your customers?
1. Where are your customers online?
2. What are your customers’ social behaviors online?
3. What social information or people do your customers rely on?
4. What is your customers’ social influence? Who trusts them?
5. How do your customers use social technologies in the context of your products.
What do you want to achieve?
Curating
Producing
Commenting
Sharing
Watching
Map out how your customers social
behaviours online in order to determine what technologies to deploy.
What is your social media mission?
ACQUISITION? BROADCAST? SERVICE?
What does success look like?
Who’s responsible?
• Daily tracking, including weekends and public holidays • Ongoing security & governance standards • AWer hours issues management • Ac9ve content management
• Content plans are developed at least 8 weeks in advance • Content is uploaded 2 – 4 9mes per week on mul9ple plaZorms
• Ongoing stakeholder engagement
What’s in it for your customers?
The hub & spoke approach
Digital Assets Hub
Blog Email Marke9ng
Social Media
PlaZorms Website
Preparing for deployment Strategy & goals development
Leadership engagement
Social media standards
Governance Triage process development
Community management principles
Content strategy and content development
Security principles
Resource planning
Website development and
integra9on
Deployment launch plan
Design, set-‐up & tes9ng
Managing social media risks • Disclaimers and community guidelines • Regulatory requirements – ASIC & Privacy • Your staff & social media • Managing your security • When things go pear-‐shaped
Can you add value?
Evaluate the purpose
Respond in kind & share
Thank the person
Unhappy Customer?
Dedicated Complainer?
Comedian Want-‐to-‐Be?
Nega9ve Posi9ve
Yes No
Do you want to respond?
No Response
No
Yes
Take reasonable ac9on to fix issue and let
customer know ac9on taken
Are the facts correct? Gently correct the facts
No
No
No
Yes
Are the facts correct?
Does customer need/deserve more info?
Yes
Explain what is being done to correct the
issue.
Yes Is the
problem being fixed?
Yes
Let post stand and monitor.
No
Yes
No Yes
Yes
Assess the message
Social media triage model
Tools
http://www.tweetdeck.com/ • Arrange your feeds
with customizable columns
• Focus on what matters with powerful filters
• Schedule Tweets to suit your audience
• Monitor and manage unlimited accounts
• Stay up to date with notification alerts for new Tweets
http://klout.com/home • Measures your social
media influence • Identifies who you
influence & who influences you
• Categorises your tweets by topic
http://www.google.com/alerts • Sends email alerts for
web content based on keywords
http://addictomatic.com/ • Keywords searches
covering blogs, social media and news channels
https://bitly.com/ • Shortens links and
tracks click rates
http://www.slideshare.com • Search “social media”
or related keywords for presentations on the topic
http://www.jeffbullas.com/ • Blog about all things
social and digital with practical tips and guidelines
8 Key take-outs
• Play where your customers are • Treat social networks as an extension of your websites • Engage with your audience in real time • Publish multimedia content regularly • Create content for your audience • that educates, informs, entertains & inspires • Put share & subscribe buttons everywhere • Be patient, be vigilant
Because things are the way they are, things will not stay the way they are. Berthold Brecht