Strategic Planning for Social Media Marketing - Chapter 2
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PPTs related to Chapter 2 of the text, Social Media Marketing, by Tuten & Solomon. This ppt file is Tuten's personal file.

PPTs related to Chapter 2 of the text, Social Media Marketing, by Tuten & Solomon. This ppt file is Tuten's personal file.

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  • Note: These are Tracy Tuten’s personal PPTs. They are not the published supplements affiliated with the text.

Strategic Planning for Social Media Marketing - Chapter 2 Strategic Planning for Social Media Marketing - Chapter 2 Presentation Transcript

  • CHAPTER 2:STRATEGIC PLANNING
  • Chapter Learning Objectives Where does social media marketing fit into an organization’s overall planning framework? What are the three phases of social media marketing maturity? What are the steps in social media marketing planning? What are the characteristics of good objectives?
  • Chapter Learning Objectives (2) How does a social consumer profile differ from other content a campaign team needs to understand its target market? How can organizations structure themselves to support social media marketing? What are the key components of an organizational social media policy? Why is a policy important?
  • Where Does SMM Planning Fit? Business plan >  Marketing plan >  IMC plan >  SMM plan Plans are blueprints for marketing strategy formulation and implementation. The plan serves as a road map to guide the firm, allocate resources, and make decisions. 3-4
  • What are the Phases ofSocial Media Marketing Maturity?
  • What Are The Steps in SocialMedia Marketing Planning? Conduct a situation analysis State objectives Gather target audience insight Select social zones and vehicles Create an experience strategy Establish an activation plan Execute and measure campaign
  • Things To Keep In Mind:A Plan __________. Tells a story Identifies the characters, place and time Tells how current situation came to be Defines what must happen for a good outcome Establishes challenges and what must be done to overcome Clarifies the desired outcome Specifies measures of success (metrics!)
  • Good Plan Characteristics Understands the marketplace Establish clear measurable objectives Define performance targets Identify a customer group Explains what customers want Develops strategies tied to objectives (4 Ps) Includes measurement plan
  • Step 1: Situation Analysis Review the firm’s environmental and SWOT analyses. Review the existing marketing plan and any other information that can be obtained about the company and its brands. Review the firm’s objectives, strategies, and performance metrics. 3-9
  • Situation Analysis Are there linkages between direct strategy and social? What activities can be tied to social media? What resources can be directed to social? Is the organization prepared for social? Who are our customers? Are they social users? Who are our competitors? What social media activities are they using? What key trends may affect our decisions?
  • Ben Moore’s SMM SWOT
  • Step 2: Objectives and Budgeting Task (what is to be accomplished) Measurable quantity (how much) Time frame (by when) 3-12
  • Objectives and Metrics Ensures accountability Demonstrates financial contribution of marketing efforts Helps us to work smarter and more efficiently
  • Develop SMART objectives Specific Measureable Action oriented Realistic Time-lined
  • Sample Objectives Increase market share Increase the number of comments on a blog Increase sales revenue Reduce costs Achieve branding goals Increase database size Achieve customer relationship management goals Improve supply chain management 3-15
  • SMM Objectives by Maturity
  • Budgeting for Objectives
  • Budgeting
  • Step 3:Gather Target Audience Insight Which segments should we select to target? In which zones and communities do they participate? How do they use social media? What is important to them? Chapter 3 will tell you more!
  • Ben Moore’s Target MarketWhat’s important to people who buy paint?
  • Step 4: Select Social Zones Considering our objectives, budget, overall direct strategy and segment insight, which zones should be used and how?  Social relationship  Social publishing  Social entertainment  Social commerce 3-21
  • Social Media Zones
  • Social Media Zones andExemplar Vehicles
  • An Example from Ben Moore
  • Ben Moore:Linking All Media Forms
  • Step 5: Developing an ExperienceStrategy What are the campaign goals and/or communication tasks? Here the planner reviews these decisions and provides a succinct overview of the goals. What is unique and special about brand’s position in the marketplace? Campaign work should leverage the brand‘s positioning strategy. Who is the target audience? What you want the audience to do. Do you want them to talk to the brand? Create and share content? Is there another group of people who can persuade the target audience to follow them? This group is your influencers. Why would these people want to share your message with others? What‘s in it for them?
  • Developing an ExperienceStrategy_2 What are the existing creative assets? How can the brand’s creative foster a social experience and be repurposed for social? How can we integrate with other branded media being used by the organization, and how long do we have to execute? What experiences are possible given target market needs and motives, the available channels, and the creative assets? How can we design these experiences to maximize device portability and access? What content will be needed? Comments? Questions and polls? Video? Images? Stories? Apps? How will experience engagement be extended and shared throughout the social channels?
  • An Example from Beall’s
  • Activities To Consider
  • Step 6: Activation Plan How do we make the plan happen? Who is responsible? What is the timing? What budget is needed to accomplish each objective? How do we ensure the plan is consistent with our larger objectives? ©2009 Pearson Education, Inc. Publishing as Prentice Hall 3-30
  • Step 7: Manage and Measure What metrics will allow us to assess effectiveness? How will we collect the data to assess?
  • The Social Media Policy Standards of conduct Disclosure requirements Standards for posting corporate information
  • WOMMA Disclosure Form
  • Social Media Structure Centralized structure (e.g., Ford) Distributed structure (e.g., Twelp Force) Combination structure (e.g., IBM)
  • Recap Discussion Reminder: Visit www.zonesofsmm.com to read daily news and search for examples related to each chapter.