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The Social Media Cookbook
 

The Social Media Cookbook

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A hotpot of facts, figures & forethought on today’s major social media platforms

A hotpot of facts, figures & forethought on today’s major social media platforms

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    The Social Media Cookbook The Social Media Cookbook Presentation Transcript

    • The Social Media Cookbook / James Collier [ a hotpot of facts, figures & forethought on today’s major social platforms ]
    • Platforms covered in detail [ About me...the author ]  Facebook  Twitter  LinkedIn  YouTube My name is James Collier and I’m a hopeless coffee addict,  Foursquare social media obsessive, wannabe (but failing) neat freak and all round nice guy! I live in Sydney, Australia with my beautiful wife and 8 goldfish. Platforms briefly covered  Flickr  Stumbleupon  Delicious  Wordpress  Reddit If you would like to get in touch or read more of my ramblings then I can be found at; / www.foursixty.com where I share my musings & mutterings on social media / For more frequent ramblings you can find me on twitter @James_Collier www.foursixty.com
    • What is Facebook? [ Facebook Pro’s... ] Facebook is the world’s largest social networking site with more Big numbers than 500 million active users / Facebook has grown at an incredible pace since 2004, dislodging many already established (July 2010). Users are able to social networking sites such as MySpace & Bebo on route to dominance. Worldwide Facebook create a profile of themselves, has over 500 million active users who on average spend 278 minutes on site per month across connect with friends, share 28 visits with 58% returning daily. Numbers that any advertiser should take note of! photo’s & videos, play games, IM, share their current thoughts Flexible as well as participating in many / Although fan pages are templatised and must operate within the defined tabulated structure other social oriented activities. there is still opportunity to create a unique and exciting brand experience. Brands such as Coca-Cola and Victoria’s Secret have utilised Facebook Markup Language (FBML) to create rich consumer experience pieces to add depth and interactivity to their presence. Stats Founded in sharing / Everyone is familiar with their activity feed, its the killer feature Facebook was built around.  Largest Social network in the Through the activity feed an individual shares everything with their network, from their status world with over 500 million updates, the brands they like to the games they play. active users globally  Over 50% of users log onto to ‘Off-book’ experience FB everyday / Facebook has worked extensively over the last 12 months to deliver the connections a user has  The average user has 130 made within Facebook to them across the wider web. Facebook Connect and know their Social friends Graph API have already gained big brand attention with Levi’s, Amazon and many more creating a more social web presence through Facebook integration.  There are 150 million users accessing FB through mobile Ability to promote a brand presence through engagement ads / An often overlooked feature within Facebook is the ability to promote a brand presence through targeted and involving advertising know as engagement ads. Ads can be targeted against www.foursixty.com certain strands of profile while involving consumers through in banner brand polls, fan requests, commenting, video sharing or even event registration.
    • [ ...Facebook Con’s ] Checklist  Content plan Default entry of wall once a fan  Participation policy / Fan pages are an amazing brand opportunity but Facebooks sometime obsessive focus on the conversion means that once an individual has become a fan of a brand any visit to the  Voice/moderator/engager associated fan page will result in a user landing on the ‘Wall’ tab by default. This limits the  Depth of experience (multi- ability of a brand to maintain a fresh presence in the users eyes as new experiences are always tabbed presence) a tab click away. Facebook’s rational is that repeat visitation is largely the result of the  Marketing conversation but regardless it begins to commoditise a brands presence somewhat. plan/engagement ads Walled Garden / Facebook is a walled garden and as a result the majority information and activity remains only accessible and discoverable to registered users. This can mean that great brand work remains Competitive platforms locked away and cannot contribute to larger marketing initiatives that live and breathe in the real world. Twitter for example is completely open with many search engines now indexing  MySpace individual tweets. Good brand work, positive relationships and sentiment often spill out across the web and contribute to other marketing programs such as SEM and SEO.  Bebo  Orkut  Friendster  Ning  Dispora www.facebook.com
    • What is Twitter? [ Twitter Pro’s... ] Twitter is a social networking and micro blogging tool that Conversational Channel allows participants to share / Twitter’s core strength is the conversation. This presents an interesting opportunity for brands whatever is on their mind in 140 to create relationships with new or existing consumers through a dialogue within a familiar and characters or less, known as accepted platform. Many brands have adopted twitter as an extension of their customer service tweets. Participants can follow and relationship management proposition, helping and managing disgruntled customers. other users, friends or notable However twitter also enables brands to engage consumers, share content, information or special individuals/celebrities as a offers to create a more positive relationship and drive up buzz within the online conversation. means to stay up to date with what is going on in their lives Live environment through their tweets. / Twitter is a live environment where tweets can be consumed, shared and responded to instantly. Much like texting on a mobile but with a one to many delivery model (as opposed to one to one). This means worthwhile information, news and content, potentially about or from a brand can be dispersed through the social ecosystem very rapidly driving up earned exposure. Stats Ability to monitor conversations  Largest microblogging platform / Unlike Facebook’s walled garden the twitterverse can be monitored (free or paid tools are with 145 million registered users available) allowing a brand to proactively find conversations about and around their brand and  90 million tweets sent daily, connect with the individuals to build, enhance or even save a relationship. est. 1.5m in AU  Adding 300,000 users a day Open source API with a annual growth rate of 5% / Twitters success has also been due to the ability of developers, publishers and brands to build (USA) & 8% (other) on top of the platform to create new and interesting experiences or integrate within an existing presence. This flexibility has led to 300,000 plus apps being developed such as  Platform ecosystem containing www.tweetwhatyoueat.com and brands such as Uniqlo building its appeal. over 300,000 registered apps www.foursixty.com
    • [ ...Twitter Con’s ] Checklist  Monitoring tools Limited Customisation options  Response guidelines / Twitter is a simple idea simply executed (thank god ) but it does mean that brand customization options are limited to background imagery and colour schemes.  Empowered not restricted staff Content is fleeting  Willingness to learn / Given the volume of tweets sent everyday and the average number of individuals a participant follows, each particular tweet has a short window of exposure. There are many tools and services that offer a means to schedule multiple tweets of the same content to improve both Competitive platforms exposure and social traction, but the fleeting nature of a tweet is inherent in the conversation. Ability to scale  Tumblr / The opportunity to create a large group of followers is there, think Obama, CNN or Kim  Lifestream.fm Kardashian. If you are interesting, engaging, involving and add value to the conversation then  Facebook (elements) scale can be achieved. The problem is that more often than not it’s not that easy. Many brands try and fail to build their audience, they offer discounts, special twitter offers or exclusive access to content but unless a consumer wants you to be part of their social ecosystem there is nothing you can do. www.twitter.com
    • What is LinkedIn? [ LinkedIn Pro’s... ] LinkedIn is a professional social network that actually predates B2B Marketing capability Facebook launching in 2003. / Consumer focussed social marketing garners all the media’s attention but B2B organisations can Users are able to create a profile still build their brand reputation, engage their customers and contribute to the conversation. covering their careers, The style and tone of voice will change but the social marketing principles don’t. qualifications, education and interests while building a Targeting network of professional and / Being a professional social network LinkedIn builds member profiles through a variety of business connections. different data layers vs. the likes of Facebook and MySpace. This unique data offers a number of discrete targeting options that are very valuable for B2B marketing. Stats Professional groups / Community is a major part of the LinkedIn platform with professional bodies, industries and companies all creating vibrant and valuable communities. The ability to assemble and energise  75 million users worldwide a collective of like minded individuals is a powerful opportunity to build brand reputation,  Active in over 200 countries relationships and advocacy.  Executives from every Fortune 500 company are members Intelligence sharing  Growing by one new member / Like any social network the opportunity to share is inherent, however unlike personal social every second networks the real positive that professional platforms offer is the ability to share, discuss and gather intelligence on business and crowd source solutions and opportunities across countries, industries and perspectives. Recruitment / A business is only as good as its people, and ensuring you have the best brains in the marketplace is imperative to maintain your edge. Being a professional social network LinkedIn is an ideal platform to find and engage with new talent. www.foursixty.com
    • [ ...LinkedIn Con’s ] Checklist  Content plan Cost  Participation policy / Although LinkedIn does offer a free version this is aimed squarely at individual users who are looking to create connections and share their professional profile. To gain access to all of the  Voice/moderator/engager premium features and tools in LinkedIn then a subscription is required. For medium to large organisations the investment required is minimal and the potential reward is great, but for the small business the cost isn’t necessarily justified by the potential reward. Competitive platforms Business Spam / With the number of businesses and executives on LinkedIn its no surprise that new business  XING development teams have taken a liking to the platform. Many of the communities will have an NBD presence from one organisation or another lurking in the shadows, and although there are many that understand how and where a sales pitch should be delivered there also are those that don’t which leads to inappropriate spam and pollution of the conversation. Limited Visibility / Without paying the monthly subscription individuals have limited ability to make connections. Introductions are often required to build out your network beyond your immediate sphere of influence which is a great protective feature for a user but not ideal for smaller business users. Limited Interactivity Options / If you are a business that has a Facebook presence then you’ll be accustomed to a certain level of interactivity. The ability to create, share and engage freely. LinkedIn, although offering functionality in each of those spaces is limited vs the personal social networks. www.linkedin.com
    • What is YouTube? [ YouTube Pro’s... ] Founded in February 2005 YouTube is a video-sharing Reach website on which users can / YouTube is to video what Facebook is to social networking. Its size provides any content upload, share, and view videos. producer, including brands with easy access to a vast audience through a single platform. The platform became famous courtesy of the incredible growth Level Playing Field of user generated content and / YouTube’s tag line of ‘Broadcast Yourself’ is a perfect encapsulation of its biggest strength, the was purchased by Google in ability for anyone, any brand, regardless of size to become internationally recognised. If the 2006. YouTube has since content is compelling, unique and worthy people will watch and share. broadened its offering integrating longer form and SEO Assistance premium content as well / Google loves multimedia content and as a result can award a higher organic search position. So streaming live events. the creation of a branded YouTube page with frequent, correctly tagged and linked content can have an impact on broader brand marketing. Stats Google Analytics / Being a Google owned company YouTube has a robust analytics package available to anyone.  2 billion video’s are viewed Individuals or brands that upload videos can access a variety of information from geographical hotspots to major content influencers all from the comfort of the video’s YouTube page. every day  24 hours of content are uploaded every minute  Technically is the 2nd largest search engine in the world  Currently available in 22 countries and 24 languages www.foursixty.com
    • [ ...YouTube Con’s ] Checklist  Production capability Dog’s on Skateboards  Content plan / A victim of its own success, YouTube receives so much content, 24 hours are uploaded every minute (much of which is dogs on skateboards ) that even great video can be lost. As a result  Participation policy a brand can no longer rely on being discovered but must market their video content to drive the  Moderation process initial spark to light the social fire. Moderation requirements Competitive platforms / More and more brands are encouraging consumers to create content as part of a promotion or marketing campaign. Involving individuals with your brand is a great way to build affinity, however on open platforms such as YouTube, and where video is involved, there is need to have  Vimeo a moderation process in place. This can be a costly and time consuming process but is an  Hulu important layer in brand protection.  Metacafe  joost www.youtube.com
    • What is Foursquare? [ Foursquare Pro’s... ] Launched in 2009 and the current market leader in the Location marketing emerging geo-social space. / Location changes everything. Knowing where a consumer is and what they are doing presents a Foursquare is a location based powerful opportunity to create a more valuable and instant connection. Location based offers, social network allowing users to incentives or rewards are powerful motivators and allow for a more meaningful and relevant share their current whereabouts brand experience. via a mobile application. Their current user base is in the Reward Loyalty region of three million but will / All geo-social platforms allow consumers to ‘checkin’ at a specific location whether it be a shop, likely come under pressure as restaurant, entertainment venue etc. Regular users of both location based services and a Facebook laces gains traction. particular establishment are able to make their loyalty known to a socially minded brand, such as via regular checkin’s to your favourite coffee shop. Business owners then have the ability to reward that loyalty creating a stronger consumer/brand relationship as result. Stats Added value / Beyond straight forward offers or rewards knowing an individuals location allows a brand to add  3 million users worldwide value to a persons immediate experience. This could be in the form of added information,  Generating more that 1 million directions or guides. For example attendees at a music festival could be given band and trivia check-ins per day information for the stage they are closest to.  Over 15,000 businesses experimenting with location based marketing www.foursixty.com
    • [ ...Foursquare Con’s ] Checklist  Accurate presence Security concerns/PR  Clear guidelines / Location based services have exploded in popularity in the last 12 months and as a result have received more and more media attention. Through this media coverage certain security  Localised offers concerns have been raised. For example as a parent do you want the world to know where your  Educated staff children are, or as an adult would you want strangers to know you are out of the house/on holiday? Until the media hyperbole calms down there is always a chance of negative media backlash toward brands that encourage consumers to reveal their location. Competitive platforms Anonymity / Even with a location based layer of information a brand still cannot identify any unique  Facebook Places characteristics for an individual. This means that marketing opportunities are still delivered in a  SCVGNR generalised form. For example a coffee shop can’t reward a loyal customer with a free cup of their favourite coffee, just the chance of a free coffee.  ShopKick  Gowalla Ability to fake  Brightkite / Although GPS technology has come a long way in the last decade its still isn’t 100% accurate.  Loopt This opens the door to ‘geo-faking’ where individuals check into nearby locations without actually going there. From a pure social nature this has no impact other then creating a somewhat false persona for an individual within their network, but when you are trying to reward real customers it becomes very difficult to identify those that have actually been on your premises. www.foursquare.com
    • Appendix [ additional platforms of note ]
    • flickr / Photo hosting and sharing platform as well as an online community built around photography www.flickr.com Stumbleupon / StumbleUpon is community that allows users to discover, rate and share web pages and content. Inherent in Stumbleupon is a personalized recommendation engine which uses peer and social-networking principles. www.stumbleupon.com Delicious / Delicious is a social bookmarking web service for storing, sharing, and discovering web bookmarks. www.delicious.com Wordpress / WordPress is the leading open source blog publishing platform allowing anyone with basic computer skills to become a content producer on the web. www.wordpress.com Reddit / Reddit is a social news platform where users can browse and submit content to the news stream. Articles are rated up or down by the audience surfacing the most popular content for the community to enjoy www.reddit.com