New Marketing Summit: Social Media Marketing in Tough Times: Who Should Do What and What Should They Do?

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New Marketing Summit: Social Media Marketing in Tough Times: Who Should Do What and What Should They Do? - Presentation Transcript

  1. Holy #%&$!! We’re totally screwed!! Social Media Marketing in Tough Times
  2. Yup. Times are Tough.
  3. 2 Choices
  4. 2 Choices
    • Get tough! Get smart! Get loud!
    • Market your way through the downturn
    • Why would you cut the resources that ensure your brand remains front & center?
    • “ Brands that increase (marketing) during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic times.”
            • Marketing Your Way Through a Recession
            • Published: March 3, 2008
    • Nail your Sales and Marketing message.
    • Pound your competitors’ shortcomings.
      • They’re hurting and they will be quiet. Take the offensive.
    • In a downturn, aggressive PR and Communications strategy is key.
            • Doug Leone, Sequoia Capital
            • Mandatory CEO All-Hands Meeting , Sand Hill Road
            • Oct. 9, 2008
  5. Remember the Basics
    • You don’t need to reach EVERYBODY
    • You just need to reach the people who will buy your stuff
  6. How Do Buyers Find You?
  7. How Do Buyers Find You? Oh yeah, and: And:
    • content
    What Impacts “Findability?”
    • content
    “ Findability” is
  8. TIME is Expensive
  9. What to Do?
    • Focus on impact!
    • What do you kill?
      • S EM (PPC) – Good SEO is cheaper, more effective
      • A dvertising – it’s expensive; it’s hit-or-miss
      • L ayers – cut internal staff
      • E vents – box-up the booth; visibility = speeches
  10. What to Do?
    • Where do you double-down?
      • Listening – responsiveness scores points; identifies red flags early on
      • Content creation – thought leadership + findability
      • SEO – findability
      • PR – thought leadership + promotion (read: findability) + responsiveness
  11. Social Media = Virtuous Cycle
  12. Whaddaya Mean by “Content Creation?”
    • TODAY
    • We got the CEO a speaking gig!
      • Media advisory!
      • Bylined article!
      • Proactive pitches!
      • On-the-floor interviews!
      • Go home
    • TOMORROW
    • We got the CEO a speaking gig!
      • Let’s send a camera crew along
        • Interview her on the way to the event
        • Podcast from a conference room
        • Document hallway chatter
        • Film or livestream the speech
      • Share content all along the way
        • #tag, tweet & liveblog the process
      • Monitor response; interact with users
      • Do “the traditional PR stuff” too
    • Content creates ongoing “exposure opportunities” … empowers your communities … boosts SEO …
  13. “ But My Prospects Don’t Tweet!”
    • Chances are, most of your buyers don’t tweet, utter, flick, or ‘tube!
    • Don’t matter. Not a lick.
    ’ s SOCIAL MEDIA
  14. mmmm … !!!
  15. What About PR?
    • PR is totally $%#@’ing necessary
    • PR provides 3 rd party validation
      • MSM is influential
        • Most buyers still prefer a MSM write-up to a blog post ( CREDIBILITY )
        • Most MSM sites have better PageRanks than blogs ( FINDABILITY )
        • Agencies have long-standing relationships across the mediasphere, via several clients ( RESULTS )
      • Industry Awards! Speaking Opportunities! Social Content Distribution! Oh my!
  16. “ Dude, I Need a Checklist”
    • DO
    • Listen
    • Blog
    • Hire a PR firm
    • Focus on SEO
    • Create & publish relevant content
    • Distribute content in places where buyers can be found
      • Trust good SEO to do the rest
    • Measure
    • DON’T
    • Advertise
    • Pay-per-click
    • Attend events
      • Unless you’ll be a speaker
    • Protect your fiefdom
      • Outsource vs. Hire
    • And, Don’t Panic!
    • Todd Defren
    • SHIFT Communications
    • [email_address]
    • 617-779-1853
    • www.shiftcomm.com (web)
    • www.pr-squared.com (blog)
    • twitter.com/tdefren (twitter)
    Now What?
    • I’ve got more ideas…
    • Contact me:
    C’mon, they only gave me 10 minutes!

+ NewMarketingSummit2008NewMarketingSummit2008, 2 years ago

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