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Return on Relationship - BDI 1/30/13 Search & Social Leadership Forum

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Return on Relationship - BDI 1/30/13 Search & Social Leadership Forum

Case Study: Return on Relationship
Return on Relationship™ (hashtag #RonR)…simply put the value that is accrued by a person or brand due to nurturing a relationship. ROI is simple $’s and cents. ROR is the value (both perceived and real) that will accrue over time through loyalty, recommendations and sharing. Return on Relationship yields increased share of voice, enhanced SEO, engaged impressions and reach that drives brand awareness, loyalty, advocacy and ultimately sales conversion.
Presented by: Ted Rubin, Chief Social Marketing Officer, Collective Bias & Author, Return on Relationship

www.bdionline.com

Case Study: Return on Relationship
Return on Relationship™ (hashtag #RonR)…simply put the value that is accrued by a person or brand due to nurturing a relationship. ROI is simple $’s and cents. ROR is the value (both perceived and real) that will accrue over time through loyalty, recommendations and sharing. Return on Relationship yields increased share of voice, enhanced SEO, engaged impressions and reach that drives brand awareness, loyalty, advocacy and ultimately sales conversion.
Presented by: Ted Rubin, Chief Social Marketing Officer, Collective Bias & Author, Return on Relationship

www.bdionline.com

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Return on Relationship - BDI 1/30/13 Search & Social Leadership Forum

  1. 1. Return on Relationship™
  2. 2. Message to Businesses: Change Your Framework—Change Your Future
  3. 3. Social is a facilitator of relationships, it is not the relationship itself!
  4. 4. Trust is Built • Based on interaction • Consistency • True to your word, authentic, and genuine
  5. 5. 1. Listen 2. Make it be about THEM 3. Ask “How can I serve you?” 4. Aim for Ongoing Engagement 5. Know the People in Your Audience
  6. 6. Think REPUTATION, not ranking… CONNECTION, not network… LOYALTY, not celebrity.
  7. 7. A “Brand” is what a business does, and a “Reputation” is what people remember.
  8. 8. Return on Relationship™ JetBlue Gets It!
  9. 9. Social Media drives engagement, engagement drives loyalty, loyalty correlates directly to increased sales. ROR (#RonR) = ROI
  10. 10. Listen for “Moments” — and Make it Personal Collective Bias is a social shopper media that weaves organic social content into engaging real-life stories.
  11. 11. Think like a child... and change your creative mindset to one that works!
  12. 12. Just Be Nice!
  13. 13. When someone asks me what is the ROI of Social…I ask, what is the ROI of Trust, what is the ROI of Loyalty?
  14. 14. Awareness = Revenues Differentiators = Margins Authenticity = Loyalty All Measurable AND = Increased Sales/Profits.
  15. 15. You know what doesn’t work for a social media strategy? NOT BEING SOCIAL.
  16. 16. Want More from Social? Empower Your Employees as Brand Advocates/Evangelists
  17. 17. Relationships ARE the new currency – honor them, invest in them, and start measuring your ROR!
  18. 18. Return on Relationship… @TedRubin TedRubin.com Chief Social Marketing Officer Collective Bias tedrubin@collectivebias.com
  19. 19. Case Study: Glidden Engaging Audiences to Increase Sales The Challenge Develop a social media program to drive awareness and trial of Glidden’s paint “Testers” at a limited number of Walmart stores, and drive traffic to a digital coupon. Our Solution • Activate 30 lifestyle and do-it-yourself influencers to makeover their room of choice by completing various design "challenges”. • Write a “before” post asking readers to help choose the paint color among three Glidden Testers. • Documented and shared their progress with their audiences along the way. The final post was an “after” post revealing the finished makeover.
  20. 20. Case Study: Nestlé Driving Traffic to In Store Demos The Challenge To create fun and engaging content to increase awareness and drive traffic to “The Walmart Ice Cream Social,” an in-store demonstration event focusing on Dreyer’s, Edy’s and Drumstick ice cream at Walmart. Our Solution • Activate 110 influencers to create content around Nestlé ice cream and the in-store demo’s • Participants were challenged to have their own ice cream social to coincide with the Walmart demos across the country • Participants wrote posts promoting the demos for Memorial Day and Independence day weekends

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