Fairleigh Dickinson University Schering-Plough Executive Lecture March 15, 2008 By Debbie Weil
“ You’ll probably have to toss most of what you learned in school out the window… “
This is a revolution
Quick tour of corporate blogosphere
Consumers invited to create their own ad
GM provided sound track and video clips
Hundreds of critical ads were submitted
Chevy Tahoe Ad Contest
“ So, a few media pundits seem to think this social media program was a failure and others seem to revel in the apparent anarchy. We, on the other hand, welcome the opportunity to clarify the facts regarding fuel economy... “
What works on a corporate blog humor, wit, being self-deprecating, specificity, relevance, usefulness, freshness, topicality, honesty, authenticity What doesn’t work corporate-speak
Dell Community
Dell’s blog diffused exploding laptop crisis
GlaxoSmithKline’s new diet pill
Fear Why aren’t more CEOs and companies blogging? of being criticized of losing control
CEO blogs
Jonathan Schwartz, CEO of Sun Microsystems, blogs in 10 languages about strategy & competitors
Richard Edelman, CEO Edelman PR, combines personal with professional
CEO Bill Marriott’s blog reflects the Marriott brand This is Bill Marriott blogging from Beijing…
Measurement
Social Media Metrics
ROI = Return on Influence
Engagement
Participation
Conversation index
Community
Reach
Velocity
Buzz (Word-of-Mouth Marketing)
Other Benefits
Market research
Virtual focus group
Boost Google rankings
Media attention
Internal / external communications
Crisis response channel
Case Study for Discussion: Southwest Airlines blog and crisis communications
“ I don’t believe you” “ I don’t believe you ”
What does social media mean for you?
Bullet points Conversations
Out In
Use Social Media to Get a Job Amanda Mooney, marketing comms student, blogger, going to work for Edelman PR in May 2008 http://www.youtube.com/watch?v=OoSnOZ16Igw
Use the tools (if you’re not already)
Manage your digital identity
Takeaways Just do it This is a revolution Read books & blogs Reach me at: [email_address] 202.255.1467
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