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Chapter 4
© 2014 Cengage Learning. All Rights Reserved. May
not be scanned, copied or duplicated, or posted to a
publicly accessible website, in whole or in part.
SOCIAL MEDIA:
LIVING IN THE
CONNECTED
WORLD
1
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Objectives
1. Define social media and distinguish
between social media platforms and
social media tools.
2. Describe the ways in which consumers
and businesses use social media for their
buying decisions.
3. Outline the elements of a written social
media marketing plan.
2
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Objectives
4. Discuss the importance of setting goals
and developing strategies, including
targeting an audience, for a social media
marketing initiative.
5. Identify the qualities of effective social
media content and the rules of
engagement with social media.
6. Describe the different means of
monitoring, measuring, and managing
the social media marketing campaign.
3
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Objectives
7. Discuss the ethical and legal issues
encountered by marketers in social
media marketing.
8. Identify the different types of positions in
social media marketing, and outline tips
for landing an entry-level job.
4
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media
▮Different forms of electronic
communication through which users can
create online communities to exchange:
• Information
• Ideas
• Messages
• Other content such as videos or music
5
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Categories of Social Media
▮Social media platform – Type of software
or technology that allows users to build,
integrate, or facilitate a community,
interaction among users, and user-
generated content
▮Social media tool – Enables users to
communicate with each other online
6
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media Platforms
▮Act as a home base for an online community
▮To access the conversations held there,
users must become members
▮Social networking sites – Websites that
provide virtual communities for people to:
• Share daily activities
• Post opinions on various topics
• Increase their circle of online friends, and more
7
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media Platforms
▮Bookmarking sites – These give people a
place to save, organize, and manage links to:
• Websites
• Other resources on the Internet
▮Social news sites – People post news items
or links to outside articles on such sites,
then vote on which postings get the most
prominent display—and viewed by the most
readers
8
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media Platforms
▮Online forums – Members hold
conversations by posting messages
▮Blogging sites – Blog postings and
comments are attached to such sites and
typically focus on specific topics
▮Microblogs – Subscribers get a steady
stream of brief updates from anyone
ranging from a high-school friend to a
celebrity
9
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media Tools
▮These make the conversation happen
▮Services like YouTube and Flickr allow
people to upload and share media such as
photos and videos
• Some videos have gone viral and shot their
makers to fame
• Marketers realize that a viral video can translate
to a jump in demand—and sales—for their
products
10
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media Tools
▮Blogging allows people to communicate in
greater detail than microblogging does
▮Marketers use blog postings to:
• Educate consumers and business customers
about new products
• Ask for feedback about particular goods and
services
• Notify the public about social responsibility
initiatives
• Manage public relations crises
11
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media Tools
▮Companies may
• Designate certain staff members as bloggers
• Hire professional bloggers either in-house or on
a consulting basis
▮Microblogging offers short bursts of news
▮App – Short for application, it is a free or
paid software download that links users to a
wide range of goods and services, media
and text content, social media platforms,
search engines, and the like
12
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
App
▮Marketers
• Know that potential and existing customers use
all kinds of apps, and they want to tap into the
opportunities created by this phenomenon
• Must find ways to identify the apps that will
support the goals of their social media
marketing efforts
• Need to choose the ones that reach and attract
their target audience and influence consumers
to make decisions in favor of their goods and
services
13
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
QR Codes
▮Short for quick response codes
▮Two-dimensional bar codes that can be
read by some mobile phones with cameras
▮Information contained in the code is shared
with the user
• Might lead to a video, give details about a
product, or offer a coupon
14
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Why Should Marketers Turn to Social
Media?
▮Social media has quickly grown to be an
important tool for marketers to:
• Build relationships with customers
• Strengthen brands
• Launch new products
• Enter new markets
• Boost sales
15
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Why Should Marketers Turn to Social
Media?
▮Consumers are connecting with retailers,
restaurants, travel and entertainment firms,
financial companies, and other businesses
via social media
▮The messages conveyed via social media
wield substantial power
16
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Social Media Marketing (SMM)
▮Uses social media portals to create a
positive influence on consumers or business
customers toward an organization’s:
• Brand
• Goods and services
• Public image
• Website
17
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Why Should Marketers Turn to Social
Media?
▮Marketers generally view the goal of social
media marketing as developing a
conversation with potential customers,
resulting in a:
• Purchase
• Subscription to an email newsletter
• Registration in an online community
• Participation in an event
18
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Why Should Marketers Turn to Social
Media?
▮Not-for-profit organizations create social
media marketing campaigns to expand their
reach
▮SMM contains three essential features:
• It creates a buzz
• It creates ways for customers or fans to engage
in conversations with ach other and the
organization
• It allows customers to promote the firm’s
messages themselves
19
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Consumer Behavior
▮Shoppers who shop with search engines do
so because these provide the greatest
amount of information about products and
companies
▮Search engines help with comparison
shopping, particularly when it comes to
price
20
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Consumer Behavior
▮Consumers rely on the communities created
by social media for their buying decisions in
order to:
• Learn about new goods and services
• Conduct research and share information
• Make final purchase decisions
21
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Business Behavior
▮Businesses use social media to build
relationships, including partnerships with
other companies
22
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Not-for-Profit Organizations
▮Use social media to:
• Market themselves
• Generate donations or other types of funding
• Spur action
• Promote an event
• Educate the public
• Encourage and showcase partnerships with
other organizations
23
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Creating a Social Media Marketing Plan
▮Effective social media marketing requires:
• Setting goals
• Developing strategies to reach a target audience
▮Social media marketing (SMM) plan – Formal
document that identifies and describes
goals and strategies, targeted audience,
budget, and implementation methods as
well as tactics for monitoring, measuring,
and managing the SMM effort
24
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Creating a Social Media Marketing Plan
▮A well-written plan contains clear, concise
prose that covers the salient points and
answers anticipated questions
▮Most SMM plans contain:
• An executive summary
• A brief overview
• Analysis of the competition
• The body of the plan
25
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Goals and Strategies of a Social Media
Marketing Plan
▮SMM actively solicits the audience’s
participation in the message
▮Successful SMM efforts require the
audience’s trust
▮Phases of developing an SMM campaign
• Set goals
• Target the audience
• Develop strategies
26
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Goals and Strategies of a Social Media
Marketing Plan
• Produce content
• Implement the plan
• Monitor
• Measure
▮Social media is helpful for connecting with
influencers
• Influencers – Individuals with the capability of
affecting the opinions or actions of others
27
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Figure 4.3 - Cycle of Social Media
Marketing
28
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Setting Goals
▮Successful social media marketing
campaign starts with clear goals
▮Once goals are established, marketers are
better able to develop strategies and choose
the right platforms or outlets for their
messages
▮Clear goals help everyone involved in the
campaign to aim their efforts in the right
direction
29
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Setting Goals
▮Goals should be flexible
• Conditions in the marketing environment may
change, and marketers should be able to adapt
their goals without scrapping an entire plan
30
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Targeting the Audience
▮Social media efforts customize marketers’
approach to targeted audiences
▮Social media marketers arrive at a target
audience based on the goal of the marketing
effort
• If it is to create brand awareness, the audience
will be broader than for strengthening
relationships with existing customers
31
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Targeting the Audience
• Marketers narrow this target further by
determining which social media will be best
suited to certain types of consumers
▮In order to pinpoint the audience for social
media marketing, firms gather information
on :
• Demographics
• What the group or organization needs or wants
32
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Targeting the Audience
• Which of the firm’s products and social media
will meet the needs and wants of the particular
groups of people
33
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Developing Strategies and Choosing
Tactics
▮Every strategy in an effective social media
marketing campaign traces back to the
campaign’s goals—and ultimately links to a
firm’s overall strategic goals
▮Marketers decide:
• Which social media platforms to use, and how
to combine them to reach and engage with the
audience
34
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Developing Strategies and Choosing
Tactics
• Which social media tools should deliver the
campaign’s content, and how best to link them
with the selected social media platforms
• Who will participate in the conversation on
behalf of the company
• How to make it easy for potential customers to
locate and participate in the conversation
35
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Creating Content
▮SMM content is a two-way street
▮In order for SMM to succeed, the content of
its messages must engage the target
audience in the conversation
▮Content marketing – Creating and
distributing relevant and targeted material
to attract and engage an audience, with the
goal of driving them to a desired action
36
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Creating Content
▮Content for an effective SMM campaign has:
• A strong brand focus
• A focus on the audience rather than the
organization
• Targeted keywords
• Relevant information
• Shareworthy text and images
37
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Creating Content
• Invitations to generate content via posts, shares,
discussions, reviews, or other forms of dialogue
with the organization as well as with fellow
customers
• Promotions that offer discounts, gifts, or other
special deals in exchange for participation
38
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Implementing the Plan
▮SMM plan requires a timeline for
implementation
▮Marketers may decide to create separate
schedules for the rollout onto each social
media platform
▮SMM plan builds in a specified time period
for engaging with the public, and offering
special promotions
39
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Implementing the Plan
▮Timeline includes managing, monitoring,
and measuring the success of the effort
▮Experts recommend that marketers refrain
from scheduling content more than a week
away because:
• Information can change
• Consumer responses may shift
• Events might occur that would change the
content
40
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Rules of Engagement for Social Marketing
▮Follow rules and guidelines
▮Use social media channels as they were
intended
▮Think before posting—or deleting
41
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Monitoring, Measuring, and Managing the
SMM Campaign
▮Social media monitoring – Process of
tracking, measuring, and evaluating a firm’s
social media marketing initiatives
▮Social media analytics – Tools that help
marketers trace, measure, and interpret
data related to social media marketing
initiatives
42
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Monitoring, Measuring, and Managing the
SMM Campaign
▮Monitoring and measuring help marketers
understand what their customers need and
want, ultimately making adjustments to
SMM or product offerings to satisfy those
customers
▮Marketers select monitoring tools based on
the needs of their own firms
43
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Monitoring, Measuring, and Managing the
SMM Campaign
▮Firms calculate the return on investment
of their social media marketing initiatives,
using:
• Reach – The percentage of people in a target
market who are exposed to the marketing effort
at least once
• Frequency – The number of times an individual
is exposed to the marketing material during the
campaign
44
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Monitoring, Measuring, and Managing the
SMM Campaign
▮Expenses are weighed against savings
▮Effective monitoring gives marketers a
clearer picture of an organization’s
influence via social media
▮Measuring the success of a social media
marketing plan includes such factors as:
• Share of voice
• Awareness of the company or brand
• Level of engagement by the targeted audience
45
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Monitoring, Measuring, and Managing the
SMM Campaign
• Influence created
• Popularity among target audience members
46
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Figure 4.4 - Social Media Measuring
47
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Managing
▮Managing a social media marketing
campaign or a company’s overall social
media efforts requires skill, expertise, and
understanding of the company’s:
• Brand
• Competitors
• Social media environment
48
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Managing
▮This means:
• Maintaining a grasp on the success or failure of
previous strategies, knowledge of the benefits
and drawbacks of the different social media
platforms and tools, and an ability to interpret
data without losing sight of the overall goal
• Being flexible enough to change tactics when
necessary to avert or minimize a crisis
49
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Ethical and Legal Issues
▮Social media marketers face ethical and
legal issues, such as:
• Privacy
• Accountability
▮Well-written social media policies are:
• Consistent with a firm’s organizational culture
and values
• Explain why employees should take certain
steps or actions or avoid them
50
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Ethical and Legal Issues
• Broad enough to cover the major points, but
brief enough to fit onto two pages
• Linked to other relevant company policies and
guidelines
▮Postings, ads, comments, and even images
come under intense scrutiny and must be
checked for:
• Accuracy
• Fair and realistic claims or promises
• Balance and objectivity
51
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Ethical and Legal Issues
• Potential for misinterpretation
▮Marketers must:
• Not distribute any personal information
without consent
• Be vigilant about confidentiality
▮When mistakes happen, smart social media
marketers:
• Take action to solve the problem or resolve the
issue
52
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Ethical and Legal Issues
• Acknowledge the problem and take
responsibility for it
• Communicate with the right people, via the
most relevant channels
• Promise to take steps necessary to correct the
situation
• Implement the agreed-upon changes or make
other concessions
• Evaluate ways to avoid similar problems in the
future
53
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Figure 4.5 - Job Titles in Social Media
Marketing
54
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Types of Jobs
▮Social media marketing manager or digital
marketing manager
▮Social media strategist
▮Brand manager
▮Online community manager
▮Influencer relations
▮Social media specialist
▮Social media analytics
55
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Types of Jobs
▮Social media design
▮Social media developer
▮Content programmer
▮Blogger or copywriter
56
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Tips for Landing a Job in Social Media
Marketing
▮Land an internship
▮Take online courses that teach social media
marketing skills
▮Highlight your own online social profile
▮Point out your personality
57
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 4 Marketing: Social Media: Living in the Connected World
Zappos Video
58
http://www.cengage.com/marketing/book_content/boone_9781133628460/
videos/ch04.html

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Social media marketing

  • 1. Chapter 4 © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. SOCIAL MEDIA: LIVING IN THE CONNECTED WORLD 1
  • 2. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Objectives 1. Define social media and distinguish between social media platforms and social media tools. 2. Describe the ways in which consumers and businesses use social media for their buying decisions. 3. Outline the elements of a written social media marketing plan. 2
  • 3. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Objectives 4. Discuss the importance of setting goals and developing strategies, including targeting an audience, for a social media marketing initiative. 5. Identify the qualities of effective social media content and the rules of engagement with social media. 6. Describe the different means of monitoring, measuring, and managing the social media marketing campaign. 3
  • 4. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Objectives 7. Discuss the ethical and legal issues encountered by marketers in social media marketing. 8. Identify the different types of positions in social media marketing, and outline tips for landing an entry-level job. 4
  • 5. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media ▮Different forms of electronic communication through which users can create online communities to exchange: • Information • Ideas • Messages • Other content such as videos or music 5
  • 6. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Categories of Social Media ▮Social media platform – Type of software or technology that allows users to build, integrate, or facilitate a community, interaction among users, and user- generated content ▮Social media tool – Enables users to communicate with each other online 6
  • 7. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media Platforms ▮Act as a home base for an online community ▮To access the conversations held there, users must become members ▮Social networking sites – Websites that provide virtual communities for people to: • Share daily activities • Post opinions on various topics • Increase their circle of online friends, and more 7
  • 8. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media Platforms ▮Bookmarking sites – These give people a place to save, organize, and manage links to: • Websites • Other resources on the Internet ▮Social news sites – People post news items or links to outside articles on such sites, then vote on which postings get the most prominent display—and viewed by the most readers 8
  • 9. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media Platforms ▮Online forums – Members hold conversations by posting messages ▮Blogging sites – Blog postings and comments are attached to such sites and typically focus on specific topics ▮Microblogs – Subscribers get a steady stream of brief updates from anyone ranging from a high-school friend to a celebrity 9
  • 10. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media Tools ▮These make the conversation happen ▮Services like YouTube and Flickr allow people to upload and share media such as photos and videos • Some videos have gone viral and shot their makers to fame • Marketers realize that a viral video can translate to a jump in demand—and sales—for their products 10
  • 11. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media Tools ▮Blogging allows people to communicate in greater detail than microblogging does ▮Marketers use blog postings to: • Educate consumers and business customers about new products • Ask for feedback about particular goods and services • Notify the public about social responsibility initiatives • Manage public relations crises 11
  • 12. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media Tools ▮Companies may • Designate certain staff members as bloggers • Hire professional bloggers either in-house or on a consulting basis ▮Microblogging offers short bursts of news ▮App – Short for application, it is a free or paid software download that links users to a wide range of goods and services, media and text content, social media platforms, search engines, and the like 12
  • 13. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World App ▮Marketers • Know that potential and existing customers use all kinds of apps, and they want to tap into the opportunities created by this phenomenon • Must find ways to identify the apps that will support the goals of their social media marketing efforts • Need to choose the ones that reach and attract their target audience and influence consumers to make decisions in favor of their goods and services 13
  • 14. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World QR Codes ▮Short for quick response codes ▮Two-dimensional bar codes that can be read by some mobile phones with cameras ▮Information contained in the code is shared with the user • Might lead to a video, give details about a product, or offer a coupon 14
  • 15. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Why Should Marketers Turn to Social Media? ▮Social media has quickly grown to be an important tool for marketers to: • Build relationships with customers • Strengthen brands • Launch new products • Enter new markets • Boost sales 15
  • 16. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Why Should Marketers Turn to Social Media? ▮Consumers are connecting with retailers, restaurants, travel and entertainment firms, financial companies, and other businesses via social media ▮The messages conveyed via social media wield substantial power 16
  • 17. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Social Media Marketing (SMM) ▮Uses social media portals to create a positive influence on consumers or business customers toward an organization’s: • Brand • Goods and services • Public image • Website 17
  • 18. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Why Should Marketers Turn to Social Media? ▮Marketers generally view the goal of social media marketing as developing a conversation with potential customers, resulting in a: • Purchase • Subscription to an email newsletter • Registration in an online community • Participation in an event 18
  • 19. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Why Should Marketers Turn to Social Media? ▮Not-for-profit organizations create social media marketing campaigns to expand their reach ▮SMM contains three essential features: • It creates a buzz • It creates ways for customers or fans to engage in conversations with ach other and the organization • It allows customers to promote the firm’s messages themselves 19
  • 20. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Consumer Behavior ▮Shoppers who shop with search engines do so because these provide the greatest amount of information about products and companies ▮Search engines help with comparison shopping, particularly when it comes to price 20
  • 21. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Consumer Behavior ▮Consumers rely on the communities created by social media for their buying decisions in order to: • Learn about new goods and services • Conduct research and share information • Make final purchase decisions 21
  • 22. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Business Behavior ▮Businesses use social media to build relationships, including partnerships with other companies 22
  • 23. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Not-for-Profit Organizations ▮Use social media to: • Market themselves • Generate donations or other types of funding • Spur action • Promote an event • Educate the public • Encourage and showcase partnerships with other organizations 23
  • 24. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Creating a Social Media Marketing Plan ▮Effective social media marketing requires: • Setting goals • Developing strategies to reach a target audience ▮Social media marketing (SMM) plan – Formal document that identifies and describes goals and strategies, targeted audience, budget, and implementation methods as well as tactics for monitoring, measuring, and managing the SMM effort 24
  • 25. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Creating a Social Media Marketing Plan ▮A well-written plan contains clear, concise prose that covers the salient points and answers anticipated questions ▮Most SMM plans contain: • An executive summary • A brief overview • Analysis of the competition • The body of the plan 25
  • 26. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Goals and Strategies of a Social Media Marketing Plan ▮SMM actively solicits the audience’s participation in the message ▮Successful SMM efforts require the audience’s trust ▮Phases of developing an SMM campaign • Set goals • Target the audience • Develop strategies 26
  • 27. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Goals and Strategies of a Social Media Marketing Plan • Produce content • Implement the plan • Monitor • Measure ▮Social media is helpful for connecting with influencers • Influencers – Individuals with the capability of affecting the opinions or actions of others 27
  • 28. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Figure 4.3 - Cycle of Social Media Marketing 28
  • 29. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Setting Goals ▮Successful social media marketing campaign starts with clear goals ▮Once goals are established, marketers are better able to develop strategies and choose the right platforms or outlets for their messages ▮Clear goals help everyone involved in the campaign to aim their efforts in the right direction 29
  • 30. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Setting Goals ▮Goals should be flexible • Conditions in the marketing environment may change, and marketers should be able to adapt their goals without scrapping an entire plan 30
  • 31. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Targeting the Audience ▮Social media efforts customize marketers’ approach to targeted audiences ▮Social media marketers arrive at a target audience based on the goal of the marketing effort • If it is to create brand awareness, the audience will be broader than for strengthening relationships with existing customers 31
  • 32. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Targeting the Audience • Marketers narrow this target further by determining which social media will be best suited to certain types of consumers ▮In order to pinpoint the audience for social media marketing, firms gather information on : • Demographics • What the group or organization needs or wants 32
  • 33. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Targeting the Audience • Which of the firm’s products and social media will meet the needs and wants of the particular groups of people 33
  • 34. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Developing Strategies and Choosing Tactics ▮Every strategy in an effective social media marketing campaign traces back to the campaign’s goals—and ultimately links to a firm’s overall strategic goals ▮Marketers decide: • Which social media platforms to use, and how to combine them to reach and engage with the audience 34
  • 35. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Developing Strategies and Choosing Tactics • Which social media tools should deliver the campaign’s content, and how best to link them with the selected social media platforms • Who will participate in the conversation on behalf of the company • How to make it easy for potential customers to locate and participate in the conversation 35
  • 36. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Creating Content ▮SMM content is a two-way street ▮In order for SMM to succeed, the content of its messages must engage the target audience in the conversation ▮Content marketing – Creating and distributing relevant and targeted material to attract and engage an audience, with the goal of driving them to a desired action 36
  • 37. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Creating Content ▮Content for an effective SMM campaign has: • A strong brand focus • A focus on the audience rather than the organization • Targeted keywords • Relevant information • Shareworthy text and images 37
  • 38. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Creating Content • Invitations to generate content via posts, shares, discussions, reviews, or other forms of dialogue with the organization as well as with fellow customers • Promotions that offer discounts, gifts, or other special deals in exchange for participation 38
  • 39. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Implementing the Plan ▮SMM plan requires a timeline for implementation ▮Marketers may decide to create separate schedules for the rollout onto each social media platform ▮SMM plan builds in a specified time period for engaging with the public, and offering special promotions 39
  • 40. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Implementing the Plan ▮Timeline includes managing, monitoring, and measuring the success of the effort ▮Experts recommend that marketers refrain from scheduling content more than a week away because: • Information can change • Consumer responses may shift • Events might occur that would change the content 40
  • 41. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Rules of Engagement for Social Marketing ▮Follow rules and guidelines ▮Use social media channels as they were intended ▮Think before posting—or deleting 41
  • 42. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Monitoring, Measuring, and Managing the SMM Campaign ▮Social media monitoring – Process of tracking, measuring, and evaluating a firm’s social media marketing initiatives ▮Social media analytics – Tools that help marketers trace, measure, and interpret data related to social media marketing initiatives 42
  • 43. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Monitoring, Measuring, and Managing the SMM Campaign ▮Monitoring and measuring help marketers understand what their customers need and want, ultimately making adjustments to SMM or product offerings to satisfy those customers ▮Marketers select monitoring tools based on the needs of their own firms 43
  • 44. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Monitoring, Measuring, and Managing the SMM Campaign ▮Firms calculate the return on investment of their social media marketing initiatives, using: • Reach – The percentage of people in a target market who are exposed to the marketing effort at least once • Frequency – The number of times an individual is exposed to the marketing material during the campaign 44
  • 45. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Monitoring, Measuring, and Managing the SMM Campaign ▮Expenses are weighed against savings ▮Effective monitoring gives marketers a clearer picture of an organization’s influence via social media ▮Measuring the success of a social media marketing plan includes such factors as: • Share of voice • Awareness of the company or brand • Level of engagement by the targeted audience 45
  • 46. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Monitoring, Measuring, and Managing the SMM Campaign • Influence created • Popularity among target audience members 46
  • 47. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Figure 4.4 - Social Media Measuring 47
  • 48. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Managing ▮Managing a social media marketing campaign or a company’s overall social media efforts requires skill, expertise, and understanding of the company’s: • Brand • Competitors • Social media environment 48
  • 49. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Managing ▮This means: • Maintaining a grasp on the success or failure of previous strategies, knowledge of the benefits and drawbacks of the different social media platforms and tools, and an ability to interpret data without losing sight of the overall goal • Being flexible enough to change tactics when necessary to avert or minimize a crisis 49
  • 50. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Ethical and Legal Issues ▮Social media marketers face ethical and legal issues, such as: • Privacy • Accountability ▮Well-written social media policies are: • Consistent with a firm’s organizational culture and values • Explain why employees should take certain steps or actions or avoid them 50
  • 51. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Ethical and Legal Issues • Broad enough to cover the major points, but brief enough to fit onto two pages • Linked to other relevant company policies and guidelines ▮Postings, ads, comments, and even images come under intense scrutiny and must be checked for: • Accuracy • Fair and realistic claims or promises • Balance and objectivity 51
  • 52. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Ethical and Legal Issues • Potential for misinterpretation ▮Marketers must: • Not distribute any personal information without consent • Be vigilant about confidentiality ▮When mistakes happen, smart social media marketers: • Take action to solve the problem or resolve the issue 52
  • 53. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Ethical and Legal Issues • Acknowledge the problem and take responsibility for it • Communicate with the right people, via the most relevant channels • Promise to take steps necessary to correct the situation • Implement the agreed-upon changes or make other concessions • Evaluate ways to avoid similar problems in the future 53
  • 54. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Figure 4.5 - Job Titles in Social Media Marketing 54
  • 55. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Types of Jobs ▮Social media marketing manager or digital marketing manager ▮Social media strategist ▮Brand manager ▮Online community manager ▮Influencer relations ▮Social media specialist ▮Social media analytics 55
  • 56. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Types of Jobs ▮Social media design ▮Social media developer ▮Content programmer ▮Blogger or copywriter 56
  • 57. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Tips for Landing a Job in Social Media Marketing ▮Land an internship ▮Take online courses that teach social media marketing skills ▮Highlight your own online social profile ▮Point out your personality 57
  • 58. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 4 Marketing: Social Media: Living in the Connected World Zappos Video 58 http://www.cengage.com/marketing/book_content/boone_9781133628460/ videos/ch04.html