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Is Your 
Company 
Social?
S i l?
Agenda: What Will We Cover?

1.   Is Your Company Social?
                 p y
2.   What Is Social Media?
3.   Is There Business Value
4.   How Do We Get Started?
5.   What Constitutes Success?
     What Constitutes Success?
6.   What Are The Key Elements?
7.   What Are The Phases Of A Social Media Program?
     What Are The Phases Of A Social Media Program?
8.   What Brands Are Good At Social Media?
Role of Advertising, Marketing & Public Relations

IS YOUR COMPANY SOCIAL?
IS YOUR COMPANY SOCIAL?
Common Marketing Objectives
Odds are your company’s marketing objectives are to …
  Build Product Awareness
  Create Interest & Demand   Using tactics like …
  Reinforce Brand Loyalty      Media Relations
  Provide Information          Media Tours
  Drive Leads                  Newsletters
  Increase Revenue
  Increase Revenue             Special Events
                               Special Events
                               Speaking Engagements
                               Sponsorships
                               Employee Relations
                               Community Relations and Philanthropy

                               or traditional media like …
                                     d      l   d lk
Using …
Using …
Using …
Using …
    g
What do all these marketing 
                          g
efforts have in common?



They only facilitate one 
way flow of information.
    fl     fi f       i




 What we want to do 
 is facilitate two way 
 conversations. 
… but, we all know … in business,  relationships and 
Conversations are critical.
A New Set of Tools

WHAT IS SOCIAL MEDIA?
WHAT IS SOCIAL MEDIA?
Introduction to Social Media 
Let’s Start with Something Familiar
Public relations (PR) is the practice of managing the flow of 
information between an organization and its publics. 
information between an organization and its publics (Wikipedia)

Marketing (traditional) is the activity set of institutions and
           (traditional) is the activity, set of institutions, and 
processes for creating, communicating, delivering, and 
exchanging offerings that have value for customers, clients, 
partners, and society at large. (AMA)
            d            l

Advertising is a form of communication that typically attempts
            is a form of communication that typically attempts 
to persuade potential customers to purchase or to consume 
more of a particular brand of product or service. (Wikipedia) 
The Optimal Flow of Information
 Interaction and facilitation 
 of three‐way conversations:
 of three way conversations:            Consumers




1 company  to consumers          Social Media


2 consumers to consumers 
                                                    Consumers
3 consumers to company

                                 Company
Social Media is …
Social media is primarily a collection of Internet‐based 
tools for sharing and discussing information among 
t l f h i           d di     i i f        ti
human beings. (Wikipedia)

  … the toolset of Web 2.0 technologies and websites that allow for the 
  creation of (On‐site), and participation in (Off‐site), virtual online 
  communities.


Social Media Optimization is the process of maximizing 
Social Media Optimization is the process of maximizing
your exposure across all web communities related to 
y
your products, services or opinions.
     p       ,              p
Where Does SM Fit in the Mix?
Online                                                                    Traditional
                                   Catalogs
                Search Engine 
                Search Engine                    Association 
                Optimization                      Meetings

                                                           Direct
     Social Media                                           Mail


          PPC                    The Web                    Trade Shows



           Email                                         Magazines
             k i
          Marketing


                   Websites
                                                 Newspapers
                                  Distributor 
                                    Shows
… Same Marketing Objectives
                                                       •   B ild P d t A
                                                           Build Product Awareness
                                                       •   Create Interest & Demand
                                                       •   Reinforce Brand Loyalty
Marketing Objectives                                   •   Provide Information
                                                       •   Drive Leads 
                                                           Di L d
                                                       •   Increase Revenue
 Strategies
                              Social Media does not have to change marketing objectives
                              Must follow and foster brand values


                •   Blogs                •   Podcasts               • Social News
                •   Forums               •   Streaming Video
                                             Streaming Video        • Micro Blogging
                                                                      Micro‐Blogging
Tactics         •
                •
                    Ratings / Reviews
                    Social Networks
                                         •
                                         •
                                             Photo Sharing
                                             Life Stream 
                                                                    • Hub Sites

                •   Widgets                  Aggregators




Outcomes
O t
DISCUSS
            LISTEN



  PLAY
          CREATE
Social Media: On‐site
Inside your domain:  Elements on your website that create 
                g               y          g             g
“stickiness” or get users to stay for a longer visit and generate 
content (UGC)


   Ratings Reviews
   Forum Community Sites
   Streaming Videos
   Blogs 
   Social Bookmarking
Social Media: Off‐site
Outside your domain:  Content that positions or talks about 
your company / brand / product on the Internet

   Search Engines
   Blogosphere
   User Reviews
   Social Networking
   Social Networking
Social Media Profiles
                    Creators      Joiners
                Publish a blog    Visit social networking sites
      Publish own web pages
      Publish own web pages       Maintain profile on social 
                                             p
       Write and post articles    networking sites
   Upload self‐created videos


              Critics                       Spectators
  Comment on a blog                          Read blogs
Comment on a forum                           Listen to podcasts
Rate/review products                         Watch videos
 Contribute to a wiki                        Read online forums
                                             Read ratings/reviews


                 Collectors       Inactives
 Add tags to web pages/photos     None of the above
      Vote for web sites online
                 Use RSS feeds
Stats on Social Media Adoption

IS THERE BUSINESS VALUE?
IS THERE BUSINESS VALUE?
Who Do Your Customers Trust?

   The average person is exposed to 3000 advertising 
   messages/day
   Only 14% of people trust advertisements
      y        p p
Source: Nielsen” Trust in Advertising” Report, October 2007




   32% trust bloggers opinions on products & services
Source: IAB Platform status Report: User Generated Content, social media, And 
Advertising – An Overview, April 2008
93% 
93%
of Americans expect 
of Americans expect




                        ource: Cone, Inc.
companies to have a 
presence in 




                       So
Social Media
Web 2.0 Spend Expected to Increase Each Year




                                                ster Research ,Inc.
                                  Source:  Forres
Social Networking Stats




27
So … is there business value for being
              involved in Social Media?
Preparation for a Social Media Program

HOW DO YOU ASSESS YOUR 
HOW DO YOU ASSESS YOUR
CURRENT SOCIAL MEDIA STATE?
Determining Current SM State



                                                    Identify 
                                      Analyze       Topics to 
                                      Trends and    Talk About
                       Conduct        Patterns
                           p
                       Competitive 
                       Assessment
            Understand 
            Your Audience
Review 
Business 
Goals
Review your Business Goals
Perform an internal audit to identify & review current: 
  Marketing Strategies & Objectives
  Marketing Strategies & Objectives
  CRM Initiatives


Understand your current:
  Tactics
  Challenges
  Opportunities
  Metrics for Success
Understand Your Target Audience
Conduct a web‐survey off your website to get a 
temperature check and determine where they 
participate and what interests them
Determine what they are talking about and how they 
Determine what they are talking about and how they
feel about your brand
     Tools: google.com/alerts, blogscope.net, search.twitter.com, 
     co.mments.com, trendrr.com

Identify influential online individuals
  Tips: http://videolectures.net/wsdm08_agarwal_iib/

Pinpoint commonly used keywords
   p            y        y
  Tools: brandtags.net
Conduct Competitive Assessment
Determine how your company stacks up …

 Brand awareness & reputation:
    Tools: google.com/alerts, blogscope.net, search.twitter.com, 
           g g       /      ,    g p       ,                   ,
    co.mments.com, trendrr.com

 Gaps or opportunities in the Social Media space:
   p      pp                                p
    Tools:  yacktrack.com/home, alltop.com, dipity.com

 Keywords your competitors are using:
 Keywords your competitors are using:
       Tools: http://searchanalytics.compete.com/site_referrals
Analyze Trends and Patterns
Trends in:
   Participation
   Consumption
   Adoption

Patterns:
   Seasonality

Critical Mass of Audience:
   Tools: boardtracker.com, technorati.com, alltop.com, touchgraph.com

Validate Influential Individuals:
   “Follow” these individuals on Twitter
   Subscribe to their RSS Feeds
   S b ib        h i SS      d
Identify Topics To Talk About
Look for potential content in:
  Customer Service Logs
  C t       S i L
  FAQs
  Recommendations
  Success Stories 



Review what has already been said about the company:
Review what has already been said about the company:
  Tools: co.mments.com, search.twitter.com
Make Data Driven Decisions
                 Make Data Driven Decisions
Use Key Findings to Develop Your Social Media Tactics
                     Business Goals        Resources
                     • Increased sales     • Content
                     • Brand awareness     • Technology
                     • Service customers
                       Service customers   • Subject Matter Experts
                                             Subject Matter Experts
                                           • Budget



     Users Goals                                               Industry Trends
                                                                      y
     • Find Info                                               • Web 2.0
     • Get support                                             • Competitive Landscape
     • Buy Now                                                 • Increased spending
                                                               • Social Networking

                                       Tactics
                                       T ti
Guidelines for Developing & Deploying a Social Media Program

HOW DO WE GET STARTED?
HOW DO WE GET STARTED?
SM Campaign vs. SM Program
Comparison Point                               Campaign   Program
… has a defined START date                                 
… planned to meet a specific goal(s)
   l    dt      t       ifi     l( )                       
… can incorporate prizes or other incentives               
… can be tied to an event or special news                  
… has a theme or creative concept                          
… has a defined END date                          



   Key Point:  As your Social Media activity increases and 
   evolves … your audience engagement will also increase.
   evolves your audience engagement will also increase
   So, why should it end?
Process for Getting Started

Apply clear 
                    Allocate the     Build a    Determine 
strategies & 
                    manpower        playbook      costs
 objectives




                Is your company 


                     ready? 
                     ready?
Apply Clear 
  Apply Clear
 Strategies & 
   Objectives



Reminder:  Social Media strategy 
and objects should align with 
       j              g
overall marketing goals and 
reinforce brand values.
Allocate the Manpower
Allocate the Manpower

                Tip:  The Social Media team 
                  p
                should be passionate about 
                participation.
Define your  …
       y
Social Media Team
      Executive Champion
      Internal Community 
      Program Leader
      Internal Community 
      Internal Community
      Program Manager 


Refine your …
Policy & Protocols
      Communication Plan 
      Roles and Responsibilities 
Build a Playbook
Build a Playbook
  ild l b k
         Reminder:  The Playbook is living 
         document and should evolve with 
         document and should evolve with
         the Social Media program.
Elements of a SM Playbook
Strategy & Objectives
Social Media Vision
Theme / Messaging
Brand Guidelines
Creative Elements
Participation Policies & Protocols
   Staff
   User‐Generated Content
Content Mapping
Content Mapping
Technology Platform / Tactics
Feedback Loop / Action Plan
Feedback Loop / Action Plan
Determine the Costs
Variables that contribute to SM program costs:
  Technology and Custom Development
  T h l        dC t     D l       t
  Bandwidth and Infrastructure Investments
  Team Training and Industry Research
  Continuous Program Management/ Maintenance
  Participation and Moderation
  Content Enhancement
  Content Enhancement
  Unexpected Events
Social Media Efforts Are Measurable

WHAT CONSTITUTES SUCCESS?
WHAT CONSTITUTES SUCCESS?
Quantitative Measurements
Number of page views                 Number of widget downloads
Number of responses/comments         Number of pages bookmarked
Number of content embedment          Number of bloggers engaged
Number of downloads                  Total traffic driven to destination page
Number f h
N b of shares                        Total t t/
                                     T t l text/email subscriptions
                                                      il b i ti
Number of blogs posts & references   Number of new links secured by social
                                     media marketing
Ranking for organic search
                                     Number of video views
Number of inbound links
                                     Number of ratings, reviews and votes
Number of friends, fans, members
and subscribers                      Number of pages forwarded
Ranking on social bookmarking        Conversion rate of referral traffic
platforms
                                     Time on site
Number of mentions from micro
blogs
Qualitative Measurements
Corporate Reputation
Negative/Positive Relationship Ratio
Customer Opinions and Wishes
Measuring Success
 Social Media efforts can be held to familiar KPI’s:
   Frequency
   Reach
   Impact




ROI =    BENEFITS
     COSTS + RISKS
Determining ROI =    BENEFITS
                                  COSTS + RISKS
BENEFITS
1. Research value: 
    # of valuable comments & feedback x cost for 1 minute interview


2.    Impact:
2 Impact:
    estimated conversion rate x revenue per conversion x reach x
    frequency
      •    Reach:  # of viewers x word‐of‐mouth value
      •    Frequency :  average # of repeat visits / time
Determining ROI =    BENEFITS
                             COSTS + RISKS
COSTS
1. Start‐up Costs (planning, development, and training)
2. Maintenance Costs (moderation and participation)
3. Risks (probability of risk x potential cost of risk)
Conclusion

WHAT ARE THE KEY ELEMENTS?
WHAT ARE THE KEY ELEMENTS?
Key Elements of Social Media
Program must add value for the audience:
  Successful social network marketing caters to the needs of the 
  participating community before anything else
     If the network has no value, what’s the point?


Promote socialization / conversation:
  Social Networks are not static websites … success is measured 
  S i lN t     k        t t ti     b it             i         d
  on the amount of user activity
     Users should be able to share, communicate, and express their 
     thoughts with other users
Key Elements of Social Media
  Value
  1. The marketing effort provides valuable content that supports the users’ goals*
  2.
  2 The key elements of the marketing effort are available where needed*
  3. The marketing effort allows for the measurement of ROI

  Socialization
  4. The marketing effort should be self-fueling*
  5. The marketing effort should encourage member-to-member participation*
  6. The
  6 Th marketing effort should encourage member-to-website i t
          k ti    ff t h ld                 b t      b it interaction*
                                                                 ti *
  7. The company participates in the effort on an ongoing basis*
  8. The marketing effort allows the members to share the elements with other locations*
  9. There are appropriate calls to action*
  10. The marketing effort integrates several Social Media platforms


* Source:  Forrester Research Inc.
Listening, Participating & Motivating

WHAT ARE THE PHASES OF A 
WHAT ARE THE PHASES OF A
SOCIAL MEDIA PROGRAM?
Phase One: Active Listening
Phase One: Active Listening
         : Active Listening
         Researching & Analyzing the Landscape
Phase Two: Participation
         : Participation
         Getting Involved
         Getting Involved
Phase Three: Energize & Motivate
Phase Three: Energize & Motivate
           : Energize & Motivate
          Igniting the Social Media Atmosphere
The Phased Approach
                                            Energize & Motivate
   conversa




                                          Determine Technology Accelerators*
          ations




                                      Participate

Phase 
Phase                            Develop Hedgehog Concept
                                 D l H d h C            t
  3


Phase 
Phase
                   Active Listening
  2

                   Get the Right People on the Bus
Phase 
Phase
  1

                                             time
Social Media Examples

WHAT BRANDS ARE GOOD AT 
WHAT BRANDS ARE GOOD AT
SOCIAL MEDIA?
B2B Social Media Example
Cisco’s online community receives more than 20,000 
visits each week
Benefits:
  Creating awareness
  Creating awareness
  Building brand preference
  Driving purchases
  Increasing loyalty
  Deepening engagement
  Foster peer‐to‐peer 
                                  B2B Example Forum
  communication
B2C Social Media Example
H&R Block populated Social Media platforms including 
YouTube, Twitter, Facebook, MySpace, and Second Life

Results (in 1 year):
   43% more awareness
        more awareness
   6 million impressions 
   in the blogosphere
   More than 570,000 
   views of Truman 
   Greene videos
   Greene videos
   60,000 interactions 
   with widgets and tools
            g
Non‐Profit Social Media Example
The National Wildlife Foundation participated on Digg
and StumbleUpon.

Results (in 2 months):
   More than 100,000 page 
   More than 100 000 page
   views generated from 
   these platforms
   Bring in 95% unique 
   visitors
   Digg drove 29 183 page
         drove 29,183 page 
   views in one day
Increase in Participation from 2007 to 2008
PARTNER.
PARTNER                          INTEGRATE.
                                 INTEGRATE                              MEASURE.
                                                                        MEASURE
BusinessOnLine isn’t afraid of commitment. We partner with our clients, take the time to
understand your business, goals, customers, and vision, and we work with you to achieve success.
           y              g                                              y


We help you develop plans and tactics to engage your audience, and persuade them to take action.
We can integrate activities to enhance efficiency and maximize impact.
           g                                    y                p

We gather data, provide insight, and make recommendations. By tying analytics to everything we
do, we articulate marketing ROI, focus on efforts that produce results, and refine programs that do
not d l
    deliver.
Thank you!
Thank you for taking the time to learn about our approach to Social 
Media.  Please follow our continuing Social Media series of webinars 
Media Please follow our continuing Social Media series of webinars
and whitepapers on our website:  www.businessol.com




                               Contact Information:
                                 Michael Weisfeld
                             Phone: 619.699.0767 x247
                              michael@businessol.com

                          610 West Ash Street, Suite 1701
                              San Diego, CA 92101
                               www.businessol.com
References
    Statement                                                                    Source
1   93% o
    93% of Americans expect companies to have a presence in social media
              e ca s e pect co pa es to a e a p ese ce soc a ed a                Cone, Inc. 
                                                                                  o e, c
2    Increase in participation from 2007 to 2008                                 Forrester Research, Inc. 
3   Web 2.0 spend expected to increase each year                                 Forrester Research, Inc.
4   Youths are more likely to be frequent, regular users of social networking    Forrester Research, Inc.
    sites
      i
5   Worldwide growth among selected social networking sites                      comScore World Metrix
6   Toyota discussion forum sentiment                                            Attentio.com
7   Sentiment of social network groups                                           Immediate Future

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