Compete data…Facebook YOY growth is 125% Earlier Reported on CNET, http://news.cnet.com/8301-17939_109-10073531-2.html -10/22
ComScore Media Metrix chart showing likelihood of twitter use as deviating from the mean.
1) August media spend was up over July’s 2) August traffic was up by a higher % 3) Our cost per visitor (media spend / visitors) was down in August over July. This is looking at things at a very top level, but my take away is that it is possible that the social media outreach campaign is driving more traffic than we originally thought, but it is also possible that our August media performed better than our July media and had a higher response rate going to our website. It is very hard to tell because as you can appreciate the outreach campaign isn’t happening in a vacuum, so there are other variables impacting the traffic as well.
1) August media spend was up over July’s 2) August traffic was up by a higher % 3) Our cost per visitor (media spend / visitors) was down in August over July. This is looking at things at a very top level, but my take away is that it is possible that the social media outreach campaign is driving more traffic than we originally thought, but it is also possible that our August media performed better than our July media and had a higher response rate going to our website. It is very hard to tell because as you can appreciate the outreach campaign isn’t happening in a vacuum, so there are other variables impacting the traffic as well.
http://blog.wired.com/business/2008/11/motrin-moms-a-l.html Online Moms did not respond to the ad by racing out for Motrin. They were offended by the suggestion that they carry their babies to be “fashionable”. They were outraged at the idea that they look “crazy”. They vehemently disagreed with the phrasing that “in theory” carrying your baby around is a good idea. By Saturday evening they were the most tweeted subject on Twitter . By Sunday there was a nine minute video on YouTube , to the tune of Danny Boy, showing screen shots of the outraged twitter posts interspersed with photos of Moms carrying babies in slings. Bloggers began calling for boycotts . Bloggers asked their readers to alert the mainstream press . A few voices chimed in to say they didn’t find the ad to be that big a deal. There are a few more examples here and here .) By Sunday afternoon a few bloggers and tweeters had gotten the ad agency that created the ad on the phone , to find they didn’t know a lot about Twitter and didn’t seem to have a clue that there was so much anger piling up online.
Digital Brand Expressions or DBE was Established in 2002 to bring brand-focused search marketing to web-reliant Fortune 1000 organizations and we are Dedicated to the perfection of search marketing for ongoing client success Search Marketing focuses on the following categories: SEO – Search Engine Optimization SEA – Search Engine Advertising SERM – Search Engine Reputation Management Social Media – Sites such as Facebook, Linked-In and You Tube and/or Blogs and Podcasts
Digital Brand Expressions or DBE was Established in 2002 to bring brand-focused search marketing to web-reliant Fortune 1000 organizations and we are Dedicated to the perfection of search marketing for ongoing client success Search Marketing focuses on the following categories: SEO – Search Engine Optimization SEA – Search Engine Advertising SERM – Search Engine Reputation Management Social Media – Sites such as Facebook, Linked-In and You Tube and/or Blogs and Podcasts
Twitter ERA socialarc innovation lab RFPrice - Presentation Transcript
To Tweet or Not to Tweet, is that a Question? Randy F. Price CEO social arc innovation lab
Economic Impact The most recommended brand online in its category grows the category average 2.5x
Context: Traditional Media vs. Social Media
Success in Traditional Media
Exposure, Impressions Desire
“ Watch me” “Want Me”
Success in Social Media
Engage & Inspire Viral Pass Along
“ Participate” “Talk About Me”
The Approach is Much Different
D2Cshow.org September 13-15, 2009
Key Takeaways How Direct Engagement/ Customer Service has the potential to reduce returns Understand How Social Media is as important to DR Success as Search Learn about the ability to reduce acquisition costs via Listening platforms Better Definition of Market Potential, & Key Sales Hooks Thus Minimizing Risk
WHAT IS TWITTER micro-blogging 140 characters cross between IM and chat short updates
What is Twitter? 140 Characters Text Message Distribution System Real Time, Dynamic Can include links to any/all (video, landing pages, articles, pictures) Instant & Always On Friends, Followers, Hashtags & Re-tweets, Direct Messages
Communication & Broadcast Platform
Twitter is a dynamic conversation platform that requires time & energy so…
first, define your strategy:
Why are you doing this?
Who is your target audience?
What will you achieve?
How will you measure success?
How long will the project last?
Positive WOM Impacts Retail Results Effect of Customer-Generated Ratings and Reviews in the Past Year According to Online Retailers in the UK, US, and Europe (% of respondents) Source: E-consultancy and Bazaarvoice
Fastest Growing Social Network Site 813% Over 5M Twitter Accounts January 2008 – January 2009 And growing…an estimated 5,000 -10,000 (10K) new accounts per day
WHO IS ON TWITTER General Motors Dell Kodak
Who uses Twitter?
Likelihood of Twitter use by age
April 10, 2009 Your Potential Customers
What uses make sense for Twitter & DR? Lead Gen Value Add Customer Service Brands have an unprecedented opportunity to converse with their customers and convert those conversations into results.
“ Live” & Direct Engagement With Customers & Potential Customers
Listening For Ideas, Keeping Customers Informed Loyalty & Up Sell: Keeping Customers Informed & Suggesting Expanded uses
Lead Gen Value Add Customer Service
Social Media “Conversations” Trend
Twitter Motivation @Socialgym Using Tweetdeck to manage inbound conversations, -Keywords “Total Gym” and “Workout” -grouped the most responsive to build a more personal relationship
Micro-blogging: 22 corporate accounts ,
+17 individuals using @Dell handles on Twitter
$3 Million in Revenue on Twitter (Jun 09) $1 Million in Revenue on Twitter (Feb 09) Real Sales Impact
Results 1 - 10 of about 11,600 from twitter.com for Motrin . “ hell hath no fury like a mommy blogger scorned ” “ With regards to the recent Motrin advertisement, we have heard you. On behalf of McNeil Consumer Healthcare and all of us who work on the Motrin Brand, please accept our sincere apology. We have heard your concerns about the ad that was featured on our website. We are parents ourselves and we take feedback from moms very seriously. We are in the process of removing this ad from all media. It will, unfortunately, take a bit of time to remove it from our magazine advertising, as it is on newsstands and in distribution. Thank you for your feedback. It’s very important to us.” Real Sales Impact
Twitter Samurai
How is Twitter used by the Samurai
Listening
Direct Selling/Live Engagement
New Product Ideas
Up Sell Expanded Uses
Customer Service
Value Added Selling
Know Your Tools, Keep Them Sharp
Getting Started Successful Twitter initiatives begin with a clear understanding of what you want to accomplish (the business objectives), what’s in it for your customers and an understanding of how the technology platform works
Listening to Tweets Share of Voice (Relevant, Competitive) Source (Source) Intensity of Conversations (Volume & Change) Sentiment (Positive or Negative) Product Features , Attributes, Keywords Verbatim Snapshots (Unfiltered) Top 100 Sources
Twitter Profiles
Profiles set up under a company umbrella should, if possible, attach a real person’s identity to the profile– people like to know that there is a consistent, real person behind the company
WHAT TO TWEET?
You can Tweet anything that peaks your interest. How are some possible ideas to get your started.
Ask a question.
Share great blog posts
Send a link to a great site.
Discuss up and coming events or tradeshows.
Talk about current news topics.
The Black Hole of Twitter Apps Easy To Get Lost!
7 Twitter Tools
Tweetdeck
Twitpic
Twubble
Twellow
Tweetbeep
Twist
Tweetgrid
7 Twitter Samurai Best Practices
Listen Effectively
Manage Your Time Allocated Wisely
Be Responsive
Business Casual Tone: Real
Leverage Tools
Measure KPI
Be Helpful, Humble and Human
Twitter Tips for Brands
Don’t jump in too quickly – ease your way into conversations
Don’t follow too many people too quickly – keep your follows/followed-by ratio at 3:2 at a minimum to make it known that you are not a spammer
Be transparent – as with all social media applications, do not pretend to be a brand advocate when you are the brand
Content must be useful, entertaining or valuable in some way to your audience – never marketing copy
Tweets are indexed by the search engines – keyword rich tweets may have SERM value
Links on profile pages do have link value, but links in tweets do not
Cracking the Code D2Cshow.org September 13-15, 2009 How do we apply the measurement capabilities of online advertising to social media marketing without losing its impact (using too much automation to delivery the messages)?
Cracking the Code
Just In Time Outreach sm
Behavioral + Twitter + Direct Response
Right Message, Right Time, Right Audience
Post keyword rich tweets that would be found by anyone searching twitter for your business, industry, products, services, etc.
Tweet brand messages to users interested in your brand or product
Listen to what’s being said about your brand by Twitter users and make contact accordingly (answer questions, offer support, offer discounts)
Key Takeaways How Direct Customer Service Engagement has the potential to reduce returns Understand How Social Media is as important to DR Success as Search Explore how you can reduce the cost of acquisition through listening that Improves media buying Better Definition of Market Potential, & Key Sales Hooks Thus Minimizing Risk
and if that fails….
Q&A
social arc innovation lab Niland Mortimer Chief Marketing Officer Aaron Mann President Randy F. Price CEO
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