How To Use Social Media To Boost Marketing Effectiveness presented at ARF University Social Media Bootcamp: Social Media for Research and Marketing June 21, 2010
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How To Use Social Media to Boost Marketing Effectiveness
1. June 21, 2010
How To Use Social Media To
Boost Marketing Effectiveness
2. Presented by
Lynne d Johnson, SVP Social
Media, The ARF
Twitter: @lynneluvah
email: lynne@thearf.org
3. » What is Social Media?
Video Credit: Socialnomics, http://www.youtube.com/watch?v=lFZ0z5Fm-Ng
4. » #1 You Need to Be Where
Your Consumers Are
Image Credit: istrat interactive strategies, http://www.istrat.in/blog/image.axd?picture=2009%2f7%2fsocial-media.png
5. Your Consumers Are Using Social Media
» Social Media > E-mail
» Social Media Nearly Rivals Search
» 20% of Conversation on Twitter = Brand Mentions
» Conversations Are Occurring About Your Brand Without You
» #1 Method for Sharing News and Information
ARF University Social Media Bootcamp
7. Be Clear in Your Aim
» Knowing What You Want From Your Social Media Efforts
First, Helps You Better Plan, Execute, and Measure
» Product Awareness vs Sales vs Customer Service vs
Whatever Your Objectives Are
ARF University Social Media Bootcamp
8. » #3 Sell Social Media to the
C-Suite and Get Everyone on
Board
Image Credit: Horst Frank, http://commons.wikimedia.org/wiki/File:German_Monopoly_board_in_the_middle_of_a_game.jpg
9. How to Sell Social Media Internally
» Be Clear That Social Media Isn’t Just an Also, But a “Must-
Have”
» Integrated Research
» Integrated Marketing
» PR/Marketing Convergence
» Marketing/Customer Service Convergence
» Unstructured Conversations Offer Valuable Rich Data You
Can’t Get Anywhere Else
ARF University Social Media Bootcamp
10.
11.
12. » #4 Diving In
Image Credit: Kfengler, http://commons.wikimedia.org/wiki/File:Cliff_diver.jpg
13. Just Do It
» Leave the Fear Factor to Reality Shows
» Who Owns It? Everyone!
» Do We Have the Resources? Yes, if it’s Infused Across the
Organization.
ARF University Social Media Bootcamp
14. » #5 Testing the Waters
Image Credit: U.S. Navy photo by Photographer's Mate Airman Tina Lamb,
http://commons.wikimedia.org/wiki/File:US_Navy_020327-N-9312L-114_USS_Stennis_-_rescue_swimmer.jpg
15. Start Small By Tracking Buzz
» Google Alerts
» Social Mention
» Ice Rocket
» BlogScope
» Tweet Reach
» Twitter Sentiment
» Hootsuite
» Co Tweet
ARF University Social Media Bootcamp
17. Learn From Others
» Read and Research Case Studies
» Read Websites That Cover Social Media
» Watch the Pros on Facebook and Twitter
» See How Publishers Build Social Media Into Their Sites To
Figure Out Where You Fit In (It’s Not Just About Display
Advertising Anymore)
ARF University Social Media Bootcamp
19. What’s The Voice of Your Company?
» Write a Social Media Strategy
» Write a Company Social Media Policy/Standards
» Telling Your Brand’s Story
» Content Creation
» Compelling Video
» Find Your Voice And Stick With It: Consistency Builds Trust
ARF University Social Media Bootcamp
21. More Than Listening
» Customer Experience Moves to the Social Web
» Engage a Listening Platform
» Track, Monitor, and Analyze Sentiment Analysis
» Measure Real-Time Impact
ARF University Social Media Bootcamp
22. » #9 Engage the Consumer
Image Credit: April Killingsworth, http://commons.wikimedia.org/wiki/File:Love_-_Engagement.jpg
23. Engagement vs Message Push
» Create Community (Private, MROC, Forums, Groups, Fans,
Followers)
» Find Your Influencers and Let Them Engage New Customers
For You
» Listen, Respond, Engage
» Contesting and Promotions
» Don’t Just Sell
3
ARF University Social Media Bootcamp
29. Determining ROI
» Net Promoter Score
Source:http://www.netpromoter.com/np/calculate.jsp
3
ARF University Social Media Bootcamp
30. Determining ROI
» Razorfish Social Influence Marketing
Source:Razorfish Fluent http://fluent.razorfish.com/publication/?m=6540&l=1
3
ARF University Social Media Bootcamp
31. Determining ROI
» Razorfish SIM Score
» SIM Score = Net Sentiment for the Brand/Net Sentiment for the Industry
The components of the above formula are:"
Net Sentiment for the Brand = (Positive + Neutral Conversations –
Negative Conversations) /Total Conversations for the Brand
Net Sentiment for the Industry ="
(Positive + Neutral Conversations – Negative Conversations) /Total
Conversations for the Industry
Source:Razorfish Fluent http://fluent.razorfish.com/publication/?m=6540&l=1
3
ARF University Social Media Bootcamp
32. Determining ROI
» Share
» Engagement
» Reach
» Influence Social Marketing Analytics !
A New Framework for Measuring Results in
» Impact Social Media
» Issue Resolution
» Satisfaction Score
» Trends
» Sentiment
Source:Altimeter, http://www.altimetergroup.com/2010/04/altimeter-report-social-marketing-analytics-with-web-analytics-demystified.html
ARF University Social Media Bootcamp