Social Media Marketing and Online Branding - Lata Vijaybaskar M.B.A., M.Phil., M.Sc., “ It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” — Charles Darwin
It used to be simple
Tell the market what your product is
Spend to create brand awareness
Brand management is owned by the CMO
The marketing mix is about the product first and foremost
Target your message to the media for increased visibility
Broad-based messaging drives revenue
The Changing Media Landscape
Declining print readership
Shifting focus of broadcast outlets
Audiences moving to online information sources
Emergence of mobile and global media market
Growth of Social Media – blogging, shared information sites, online communities
The “re launch” of concepts
The power of soft marketing
Communities essentially become target markets.
Interaction creates brand equity product visibility and buyer decision-making.
So What is Social Media?
Wikipedia defines Social Media as “the online tools and platforms that people use to share opinions, insights, experiences, and perspectives with each other. Social media can take many different forms, including text, images, audio, and video. Popular social mediums include blogs, message boards, podcasts, wikis, and vlogs.”
Types of Social Media Network Example Blogs , Micro-blogs Social Networks Wikis Social bookmarking Photo Sharing Online Video
Social Media is about connection, not content.
Your customers are already talking about you. The fact that you aren’t participating is your implicit endorsement of whatever it is that they are saying.
Why Social Media has Become an Effective Brand Building Strategy ?
Your brand is no longer what you say it is, it’s what they say it is.
Social media is where “they” – customers, prospects, journalists and other influencers – are talking about your brand.
They’re forming and sharing opinions that will impact your brand, and a social media strategy is needed to cultivate interactions.
Evolving trends in Brand communication Pull Push Radio TV Print Blogs Website Social Networking Brand Communication Strategy
Consumer Behavior in social networks
Unplanned Communication Social Media Marketing Corporate Communication Corporate Identity Mix Social Media Branding Corporate Brand Image
Social Media Branding Online Communication / Corporate Identity mix User generated content / Corporate Identity Mix User generated content / Corporate Identity Mix
Success stories…
Success stories…
Be the Next Social Media Success Story
PR is the new advertising in Social media
Leverage user generated content
Corporate Identity mix to infleunce customer interactions on web 2.0.
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