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The Business Of Being Social ,[object Object]
Good Afternoon
 
 
Basically I ’ m Old
There Are None
The Secret Formula Will Be At The End
The Size Of Social
 
 
2 Billion Videos Are Streamed  Each Day
500 Million Active Facebook Users
126 Million The # Of Blogs On The Internet
10 Billion+ Tweets Sent on Twitter Since 2006
Consequently, Social Networks And Blogs Are Taking Away From The Share Of Time Held By Other Sectors
 
50% Of Social Initiatives Will Fail
“ Social media is like teen sex.  Everyone wants to do it.  Nobody knows how.  When it ’ s finally done there is a surprise it ’ s not better. ” - Avinash Kaushik, Head Of Google Analytics
Failure Is The Rule Not The Exception
 
 
 
One Of The Biggest Challenges Is Ownership
The CEO?
Public Relations?
The Customer?
Everyone At Your Organization Owns Social Media
 
But, There Needs To Be A Facilitator
We ’ ve Found That The Marketing Organization Is Often The Best Leader
 
We Keep Calling It Social  MEDIA ...
 
It ’ s Not Social Media, It ’ s Social  BUSINESS
Businesses Started Out As Social
 
Customer Focused
Technology Has Gotten In The Way Of Making Communication Personal
 
Seriously ?
Celebrating The Wins
Product Introduction
25% Of Ford ’ s Marketing Budget Is Spent On Social/Interactive
 
Generated 38%Awareness With Gen Y Without Any Traditional Advertising
Ford ’ s  “ Fusion ”  Doesn ’ t have That  Awareness After 2 Years Of Being Out In Production & Hundreds Of Millions Of Dollars In Traditional Marketing Spend
eCommerce
$6.5 Million Incremental Sales
Customer Service
 
 
Research & Development
P&G Connect + Develop
R&D Productivity At P&G Has Increased By Nearly 60%
 
Brand Awareness
Blendtec
Great Products + Weak Branding = Weak Sales
Real Results ,[object Object],[object Object],[object Object]
 
This Is Duncan
He Sells Fences
“ The company supplemented its mailed-out catalog and ads in specialty magazines with a website about five years ago, but the big breakthrough came last December, when Duncan added a blog that he calls  The Fence Post . ”
Since then, he has had an 850% increase in sales leads.
Why?
Google Likes Content
“ We don't say you should buy this from us. We don't really refer to ourselves at all. It's really important to the whole marketing effort to blog and sort of become known as an authority and a trusted authority on what you're selling. We've been around enough to know the kind of questions people have about products, so we try to explain that in the blog. It's information like that they wouldn't be able to find out easily any other way.''
He ’ s Expanded
 
When We Treat Social As A Business Investment We Win
There Is No Secret Formula
You Can ’ t Afford Not To Learn And Embrace It
 
 
What Should They Do?
 
These materials, and all ideas, concepts, trademarks, and strategies contained or reflected in these materials, remain the sole property of MARC USA and may not be used or exploited without the express written agreement of MARC USA.

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The Business of Being Social