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But first, a word of caution….
Social media experts….
The real digital revolution has been about consumer empowerment, the ability of consumers to research and learn about products and services and then make decisions, sometimes independently from marketing and advertising messages and increasingly following recommendations of other people, just like them.
Communicating People online
The single biggest  marketing mistake made in any business… …is looking at things  from your perspective,  not the customers
create value Situations People Passions
advertiser consumers
advertiser consumers
Some trends to consider
my way…
instant  gratification
P2P…
the experience economy
Three ‘worlds’ Owned media Paid-for media Earned attention Interdependent and interconnected….
Owned media Paid-for media Earned attention - Everything else
Even passively ‘loyal’ customers of other brands are more likely to switch… Customers Awareness Consideration Evaluation Loyalty …if we add value during the active evaluation process.
The voice of the customer 91% say consumer reviews are the #1 aid to buying decisions - Williams Group 87% trust a friend’s recommendation over  critic’s review - Marketing Sherpa 78% are more likely to trust peer opinions over All other media for purchasing decisions – Neilsen 60% of touchpoints in the customer buying  journey are consumer-driven - McKinsey
Acquisition through attraction/earned attention Development move further up the permission ladder Retention turning customers into loyal customers
SCANIA Social Media Newsroom
Expert Laser Services: Destroy Your Printer
Baker Tweet
Cupra ‘Quickie’
Make something  worth talking  about
Make something  worth talking  about Tell it to people  who want to hear
Make something  worth talking  about Tell it to people  who want to hear They tell it to  their friends
Make something  worth talking  about Get permission to tell them about  the next thing Tell it to people  who want to hear They tell it to  their friends
Relevance Level of Permission Effectiveness Of Marketing Knowledge of customer
      interdependence
      Impermanence
KARMA
What can I give?
thanks
geronimo.co.uk eaonpritchard.blogspot.com @eaonp

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SMiB09 Eaon Pritchard

Editor's Notes

  1. Using recession as an opportunity to out-think the competition and be in a different game when the better times arrive
  2. Experiences – Virgin Atlantic Upper Class
  3. the voice of the customer is far more compelling
  4. 20 employee printing services company in the USWanted to ‘increase awareness’ of offering Focus was driving inbound links, traffic and enquiriesFormulated a ‘destroy your printer’ contest.Entrants were asked to submit videos of old, obsolete printers being destroyedContest prize was a year’s supply of toner for all the winner’s printersOver 100 videos submitted to contestMore than 10,000 media plays of submissions on YouTubeCoverage in trade press (Recycler Magazine), both in print and onlineWinning company donated toner to a local charity, gaining more press coverageA number of contest entries were from local companies that went on to change their print suppliers to Expert Laser Services
  5. …find the most influential customers…