Harness The Power Of Social Marketing

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    Harness The Power Of Social Marketing - Presentation Transcript

    1. Harness the Power of Social Marketing Shailesh Ghimire Director, Interactive Marketing Air Marketing (airmarketing.com/blog)
    2. Our goal today
      • Integrating Social Media and Sales
        • Setting goals
        • Assesing return on effort
      • Overview of how consumers are using social media
      • Social technologies tour
      • Case studies
    3. What is Social Media
      • Connections/communication forum
        • Consumer to consumer
        • Consumer to brand/company
      • Connections and relationships developed in a new medium
        • Blogs, social networks, photo/video sharing etc.
        • Conversations, seminars, broadcasts, entertainment, advertisement, work all rolled into one
    4. Blogs White Label Social Networks Wiki’s eMails Social Networks
    5.  
    6.  
    7. Integration
    8. Social Media Integration
      • Assess needs and capabilities
        • People, technology
      • Define objectives and goals
        • Awareness, conversion
      • Develop and execute strategy
      • Measure results
    9. Defining Objectives
      • Listen
        • Who is talking and what are they talking about
      • Speak
        • Join the conversation through:
          • Blogs, social networks, video/photo sharing, wiki’s etc.
      • Connect
        • Encourage target audience to join your conversation
          • Viral videos, interactive contests etc.
      • Invigorate
        • Converting existing customers into fans
    10. Examples of Objectives
      • Integration into Sales:
        • Lead generation
        • Data collection
        • Sales support
        • After sales support
      • R&D (Real time focus group)
      • Drive SEO
    11. What it takes to succeed
      • Commitment and perseverance
      • Sufficient resources
    12. Consumers
    13. How are consumers using social media
      • Post articles on blogs
      • Post comments, reviews, votes etc.
      • Read others opinions, thoughts
      • Watch user generated videos
      • Share bookmarks, news stories
    14. What Consumers Do Online Source: Forrester Research
    15. Social Media Penetration
    16. Technologies Tour
    17. Social Technologies
      • Blogs, Podcasts and vLogs
      • Social Networks/Virtual Worlds
      • Social Bookmarking Tools (Digg, StumbleUpon)
      • Collaboration Tools (Wikis, Google Docs)
      • Video / Photo Sharing
      • Micro blogging: Twitter (text), Seesmic (video)
    18.  
    19.  
    20. Evaluating the Technology
      • Does it facilitate and improve greater and more varied communication
      • Ease of use
      • Allows interaction without your intervention
      • Sustainable user generated content creation
    21. Case Studies
    22. Case Studies
      • Full Social Engagement: H&R Block
      • Blogosphere: Stormhoek Winery (in South Africa)
      • Social Networking / Online Community Engagement: Adventa’s Ideablob.com
    23. H&R Block’s Social Media Blitz
      • Comprehensive use of all formats:
        • Twitter: reputation management and customer out reach
        • MySpace/Facebook: platform for brand evangelist to discuss products
        • YouTube Video contest: “Me and my super cool tax refund”
        • Second Life: Created island and answered real life tax questions
        • Web Community : tax questions
    24.  
    25.  
    26. The Result
      • A 171% lift in Internet ad awareness among the target audience
      • Overall brand awareness lift of 52%
      • H&R Block devoted about 0.5%* of its total marketing budget to the effort
      • Source: Ad Age Digital
    27. Stormhoek
      • Winery in South Africa
        • UK, France and Ireland as its major export market
      • Deployed primarily a blogging strategy
      • Hired UK Blogger/Cartoonist Hugh Macleod
        • 10,000 visitors a day with approximately 2000 subscribers to his RSS feed
    28.  
    29. Why the blogging worked
      • Hugh blogged aggressively:
        • “ Geek Dinners” – off beat cartoons and wine
        • Sent 100 wine samples to bloggers in its target market
        • Asked them to write about it if they wanted
        • Dropped hints on his blog about the brand
      • Result of blogger outreach:
        • 75% of the bloggers who received free wine wrote posts about the brand
      • The Result:
        • In two years the winery went from selling 40,000 cases/year to 40,000 case/week *
      • *Source: MarketingWeb.Com (SA's Online Marketing Magazine)
    30. Adventa’s Ideablob
      • Adventa is a credit card provider to small businesses
      • Primarly a social networking / community development strategy
      • Launched Ideablob.Com last September, where:
        • Entrepreneurs and small business owners submit new ideas
        • User community votes on the best idea
        • $10,000 grand prize offered to winning business idea
    31. A Win Win Proposition
      • Participants motivated by:
        • $10 K prize money
        • Exposure to their idea
        • Feedback and support from others like them
      • Advanta benefits:
        • Support its target market grow their business
        • Creation of raving fans
        • Insight into customers (real time focus group)
    32. Results
      • 30,000 visitors per month on website (Compete – May 2008)
      • Exposure on traditional media outlets:
        • Businessweek
        • Fox Business News
        • Entrepreneuar Magazine
    33. Summary
      • What is Social Media
      • Integrating Social Media and Sales
        • Understanding capabilities and setting goals
      • Overview of how consumers are using social media
      • Social technologies tour
      • Case studies
    34. AIR 2.0
      • AIR Blogging
        • AirMarketing.Com/Blog
      • AIR Social Network
        • AirMarketing.Ning.com
      • Facebook and Flickr
    35. Next: Developing an Effective Social Media Strategy
    36. The Social You
      • Understand how your customers are interacting with Social Media
        • Do your customers have blogs?
        • Do they read reviews from others?
        • How much do they participate in social networks
        • Which ones do they use?
      • Determine your abilities (in house or acquired)
      • Evaluate your commitment
      • Devise a unique strategy to meet clear marketing and sales objectives
    37. Questions Shailesh Ghimire (480) 748-2694 [email_address] AirMarketing.Com/Blog

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