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$ocial Media Strategy on a Budget Social Media Strategy Summit #SMSsummit
49

Social Media Strategy on a Budget

Nov 01, 2014

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Social Media

Veronica Steele

This presentation was given by Rachel Metscher and Veronica Steele for the GSMI Social Media Strategies Summit on February 4, 2014.
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Page 1: Social Media Strategy on a Budget

$ocial Media Strategyon a Budget

Social Media Strategy Summit

#SMSsummit

   

Page 2: Social Media Strategy on a Budget

Your Presenters

@rachelmetscher @VSteeleTweet #SMSsummit

Page 3: Social Media Strategy on a Budget

•  State of Social Media •  How to P.O.S.T. Before You Post •  Listening vs. Monitoring •  How to Create a Social Media Team •  How to Create a Social Media Playbook •  Best Practices •  Rules of Engagement

Workshop Overview

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Page 4: Social Media Strategy on a Budget

•  There is more than one kind of budget

–  Monetary (Cost) –  Labor (Time) –  Materials (Resources)

Budget Definitions

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Page 5: Social Media Strategy on a Budget

Poll

Does your organization have a Social Media budget?

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Page 6: Social Media Strategy on a Budget

52% of B2C content marketers feel challenged by their budget. (Content Marketing Institute)

Current Situation

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Page 7: Social Media Strategy on a Budget

The Current State of Social

Page 8: Social Media Strategy on a Budget

Concordia University Irvine - Before Veronica Steele

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Page 9: Social Media Strategy on a Budget

Solution

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Page 10: Social Media Strategy on a Budget

When Hiring

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Page 11: Social Media Strategy on a Budget

But First You Need..

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Nail Down Your Social Media Strategy: P.O.S.T

**People’s Time, Content Curation and Creation, Distribution

Create Your Formula for Social Media Success =

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Page 13: Social Media Strategy on a Budget

If you are focusing on whether you should “do YouTube” or “Pinterest” you don’t get it.

P.O.S.T or BUST

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Page 14: Social Media Strategy on a Budget

No FTE for Social? Get Resourceful

No $$$, leverage social media brand ambassadors

Limited Budget Means Getting Resourceful

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Page 15: Social Media Strategy on a Budget

Outline Your Organizations P.O.S.T •  People •  Objective •  Strategy •  Technology

Activity Time

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Page 16: Social Media Strategy on a Budget

Where To Begin

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Page 17: Social Media Strategy on a Budget

Listening

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Page 18: Social Media Strategy on a Budget

Monitoring

•  Hootsuite •  Tweetdeck •  Google Alerts •  Search

•  Salesforce Radian6 •  Sysmos •  Media Alert Vendors •  PR Agencies

@rachelmetscher @VSteeleTweet #SMSsummit

Page 19: Social Media Strategy on a Budget

Set up Community Managers

Page 20: Social Media Strategy on a Budget

How is your organization set up for social right now?

Poll

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Page 21: Social Media Strategy on a Budget

Activity Time

Social Media Community Managers Model

Page 22: Social Media Strategy on a Budget

Social Media Policy

Human Resources vs.

Marketing and Communication

•  Acceptable Behavior •  Legal - HIPPA - FERPA •  Access to Social at

Work •  Professional Guidelines

•  Branding •  Identity / Voice •  Public Relations •  Crisis

Communications •  Risk Management

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Page 23: Social Media Strategy on a Budget

What’s Involved in Training

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Page 24: Social Media Strategy on a Budget

Social Media Playbook

No Policy? Consider a Playbook

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Page 25: Social Media Strategy on a Budget

Social Media Playbook Ingredients

No Policy? Consider a Playbook

•  FAQs •  Guidelines •  Expectations •  Do’s and Don’ts

–  Scenarios •  Social Media Policy

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Page 26: Social Media Strategy on a Budget

Social Media Playbook:

Who Should be Involved in Creating the Playbook

•  Legal •  HR •  Senior Leaders •  Marketing •  PR •  Community Relations •  Sales •  Product Development @rachelmetscher @VSteeleTweet #SMSsummit

Page 27: Social Media Strategy on a Budget

Policy or Playbook

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Page 28: Social Media Strategy on a Budget

BEST PRACTICES

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Best Tip #1: Learn from Others, Help Others

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Page 30: Social Media Strategy on a Budget

Best Tip #2: Read, Read and Read Some More

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Otherwise you plan for failure

Best Tip #3: Plan for Success…

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Page 32: Social Media Strategy on a Budget

Best Tip #4: Where to Find Resources?

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Page 33: Social Media Strategy on a Budget

Best Tip #5: You Need an Executive Champion

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Page 34: Social Media Strategy on a Budget

Best Tip #6: Change is Hard

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Page 35: Social Media Strategy on a Budget

I  am  ready  

Can’t  Wait  

Yay!   I  Tweet!    

Best Tip #7: It Takes a Village

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Page 36: Social Media Strategy on a Budget

Best Tip #8: Don’t Be Afraid

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Page 37: Social Media Strategy on a Budget

Caring is Sharing, but where do you begin?

Bonus #1: Where Can You Find Content to Share

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Bonus #2: Be Passionate: Excitement is Key

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Page 39: Social Media Strategy on a Budget

Bonus #3: Control vs. Channeling

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Page 40: Social Media Strategy on a Budget

This graphic comes from a Corporate Executive Board social media member survey. Those surveyed were asked to indicate which metrics they use to track the performance of a social media campaign.

Social Media Metrics

Bonus #4: Reporting

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Page 41: Social Media Strategy on a Budget

What to Report? Suggestions

Bonus #4: Reporting

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Page 42: Social Media Strategy on a Budget

Bonus #5: Engagement vs. Broadcasting

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Page 43: Social Media Strategy on a Budget

@rachelmetscher                @VSteeleTweet                                                                                                                                                                                                          #SMSsummit    

Wrap Up

Page 44: Social Media Strategy on a Budget

@rachelmetscher                @VSteeleTweet                                                                                                                                                                                                          #SMSsummit    

Questions

Page 45: Social Media Strategy on a Budget

•  Radian6 •  eBooks: http://www.salesforcemarketingcloud.com/resources/ebooks/ •  Blog: http://www.salesforcemarketingcloud.com/blog/ •  Webinars: http://www.salesforcemarketingcloud.com/resources/webinars/ •  Public Relations Society of America (PRSA) •  Blog: Building Marketing Strategies for Higher Education : 

http://buildingmarketingstrategies.wordpress.com/ •  Blog: Social Media Strategies Summit: 

http://socialmediastrategiessummit.com/blog/ •  Social Media Today, http://socialmediatoday.com/ •  Metscher’s Musing, http://metschermusings.wordpress.com/ •  Social Media Playbook: http://www.slideshare.net/rmetscher/social-media-

playbook-20544843 •  How to Create Your Own Social Media Playbook,

http://readwrite.com/2012/04/09/how-to-create-your-own-social#awesm=~obTk8MFg9aUFHR

Resources

@rachelmetscher @VSteeleTweet #SMSsummit

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•  Marketplace Education: http://www.marketplace.org/topics/economy/education

•  Experian Blog: http://www.experian.com/blogs/marketing-forward/ •  Hobsons Blog: •  Content Marketing Institute: http://contentmarketinginstitute.com/ •  How to Setup a Social Media Business Strategy

http://www.socialmediaexaminer.com/how-to-setup-a-social-media-business-strategy/

•  http://www.forbes.com/sites/deannazandt/2013/05/22/3-essential-components-of-successful-social-media-campaigns/

•  Marketing Profs: Free and Paid Ways to Promote Your Brand on Youtube http://www.marketingprofs.com/articles/2013/11063/free-and-paid-ways-to-promote-your-brand-on-youtube?adref=nlt062613

•  Six Digital Metrics to Watch, http://goo.gl/Q3LUi •  Social Media ROI: http://bootcampdigital.com/measuring-social-media-

with-alan-knecht/

Resources

@rachelmetscher @VSteeleTweet #SMSsummit

Page 47: Social Media Strategy on a Budget

•  Marketplace Education: http://www.marketplace.org/topics/economy/education

•  Experian Blog: http://www.experian.com/blogs/marketing-forward/ •  Hobsons Blog: •  Content Marketing Institute: http://contentmarketinginstitute.com/ •  How to Setup a Social Media Business Strategy

http://www.socialmediaexaminer.com/how-to-setup-a-social-media-business-strategy/

•  http://www.forbes.com/sites/deannazandt/2013/05/22/3-essential-components-of-successful-social-media-campaigns/

•  Marketing Profs: Free and Paid Ways to Promote Your Brand on Youtube http://www.marketingprofs.com/articles/2013/11063/free-and-paid-ways-to-promote-your-brand-on-youtube?adref=nlt062613

•  Six Digital Metrics to Watch, http://goo.gl/Q3LUi •  Social Media ROI: http://bootcampdigital.com/measuring-social-media-

with-alan-knecht/

Resources

@rachelmetscher @VSteeleTweet #SMSsummit

Page 48: Social Media Strategy on a Budget

•  Ensure Strategt Not Tactics Drives Social Media http://www.marketingprofs.com/articles/2013/10784/ensure-that-strategy-not-tactics-drives-your-social-media

•  What Do You Need to Make Social Media Successful in Higher Ed? http://socialmediatoday.com/rmetscher/1600341/what-do-you-need-make-social-media-successful-higher-ed

•  9 Ways to Keep You Fresh, Inspired and Creative, http://www.problogger.net/archives/2013/07/05/9-ways-to-keep-you-fresh-inspired-and-creative

•  5 Social Media Metrics That You Should Pay Attention To, http://socialmediatoday.com/digitalsherpa/1586596/5-social-media-metrics-you-should-pay-attention

•  Social Yin and Yang: The Perfect Union of Strategic Listening and Real-Time Engagementhttp://socialmediatoday.com/jordanv/1602056/social-yin-and-yang-perfect-union-strategic-listening-and-real-time-engagement

Resources

@rachelmetscher @VSteeleTweet #SMSsummit

Page 49: Social Media Strategy on a Budget

•  Brian Solis, http://www.conversationprism.com/ •  HootSuite blog, http://blog.hootsuite.com/social-media-storytelling-3/ •  Winning the Sorytelling War by Jonah Sachs http://www.youtube.com/

watch?feature=player_embedded&v=xvaPF_y-fiU •  Summer and Social Media: Why You Need a Campfire, Fishing Pole, and a

Good Story, http://socialmediatoday.com/bryan-kramer/1570971/summer-and-social-media-why-you-need-campfire-fishing-pole-and-good-story

•  Altimeter Group, Social Business Survey, http://www.altimetergroup.com/research/reports/evolution-social-business

•  Empowered, Groundswell’s blog, http://forrester.typepad.com/groundswell/

•  3 Reasons Why Social Media Policy Is More Important Than Strategy, http://marketingland.com/3-reasons-why-social-media-policy-is-more-important-than-strategy-43873

Resources

@rachelmetscher @VSteeleTweet #SMSsummit