1 - Name
2 - Title
3 - CU Name
4 - What you hope to get out of
today
WE ARE MORE
NEEDED AND
RELEVANT
THAN EVER
HOW I
GOT HERE
HOW YOU
GOT HERE
SOCIAL
MEDIA
COMMUNITY
ENGAGEMENT
WEB 1.0
STATIC PAGES
WEB 2.0 = SITES OR ONLINE COMMUNITIES
WHERE PEOPLE
COMMUNICATE, SHARE AND/OR INTERACT
SOCIAL MEDIA/NETWORKING SITES
WORLD 2.0:
I can get
• ANY information about
• ANYthing, ANY place,
ANY one, or ANY business
at ANY TIME.
(oh, and I can’t get lost, either)
GOOD NEWS!
Now is our time
to shine
• Democratically
controlled
• Open, honest
• Authentic
• Local
• A solid deal!
100 YEARS AGO
What never worked for us
Word of Mouth
Countries by Population
1. China 1,337 m
2. India 1,162 m
3. United States 306 m
4. Facebook 300 m
5. Indonesia 230 m
Facebook Members
100 million
100
75
52 million
50 Cover
Fast Company
High Regions
25 Schools
1 mil
Founded
0
Jan 04 July 04 Jan 05 July 05 Jan 06 July 06 Jan 07 July 07 Jan 08 Aug 08
Members
56% of online American
consumers* feel a stronger
connection and that they are
better served by a company
when they can interact with
them in a social media
environment.
-Cone Business Study, Sept. 2008
*60% of Americans currently use social media.
http://www.coneinc.com/content1182
SOCIAL MEDIA IS NOT A MARKETING THANG
IT’S EVERYONE’S THANG
BLOCKED? WTH?
craigslist
What should I do now?
CU social media case studies
Common Wealth CU, Alberta, Young & Free
Vancity CU, Vancouver, Change Everything
Verity CU, Seattle, We are V blog
Carolina Postal CU, NC, I love my hoopty
UFirst FCU, Albany, The Boardcast
TDECU, Houston, Y&F Texas
Members CU, NC, What are you saving for?
Maine State CU, Augusta, Flickr photo contest
South Carolina FCU, Charleston, Y&F SC
Vantage CU, St. Louis, Twitter Banking
Results:
$179,000 in unpaid traditional media coverage
2,000,000+ impressions
2,736 new Y&F accounts
$3,982,000 deposits into Y&F accounts
What it is: Community blog to make
Vancouver and BC a better place to live
Results: Featured coverage in local media,
including TV and newspaper
Increased loyalty among members
Reinforces triple-bottom line of the CU
New members joining Verity CU cite their
blog as the reason three times
more frequently than
direct mail.
Shari Storm
VP Marketing
Verity CU
Seattle WA
MemberNote
MemberNote
29% 41-55
28% 25-40
23% 56+
11% 18-24
Twitter Banking
Vantage CU
St. Louis, MO
http://www.myvcu.com
Blogging the Corporate CU
MELTDOWN
http://unrealizedlosses.blogspot.com
TIME TO
JUMP IN!
Join/Participate in
YOUR
online community:
www.EverythingCU.com
Social Media/Networking
Morriss Partee
Chief Experience Officer
EverythingCU.com
morriss@everythingcu.com
413·535·0621
http://everythingcu.wordpress.com
Friend me on EverythingCU, Facebook, Twitter, LinkedIn
Today’s slides are on Slideshare.net
Presentation on why social media is the perfect fit more
Presentation on why social media is the perfect fit for credit unions to get their word out, for the CU Association of Colorado's Open Thinking Summit held on 10/8/09 in Golden CO. less
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