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Social Media Strategy




                      Expansion Plus, Inc.

                        September 2009
 Authored by: Sally Falkow, Principal & Social Media Strategist
           Copyright © 2004 – 2010 Expansion Plus, Inc.
Table of Contents

                                                             1. Social Media overview                  Page 2

                                                             2. Listen to Conversations                Page 3 - 7

                                                             3. Establish Share of Voice               Page 8 - 9

                                                             4. Set Goal/Benchmark                     Page 10 - 12

                                                             5. Find Bloggers and Communities          Page 13 - 15

                                                             6. Identify Influencers                   Page 16 - 17

                                                             7. Develop a Content Strategy             Page 18 - 19

                                                             8. Pick Tools                             Page 20 - 21

                                                             9. Create and Deliver the Content         Page 22 - 24

                                                             10. Engage and Facilitate Conversations   Page 25 - 28

                                                             11. Measure Results                       Page 29 – 31
Social Media Strategy – E+ Whitepaper | September 2009




                                                             12. Conclusion                            Page 32




                                                         1
Social Media Strategy

Social Media Overview
The social web – Web 2.0 – has given rise to a new way of marketing: people
are engaged in conversations online and, as
predicted by the Cluetrain Manifesto - markets have
become conversations.

The most trusted form of advertising today is a
recommendation from another person ‘just like me.’
Tapping into these conversations shows where your
audience is spending time online and what subjects
and issues are of interest to them.

Based on today’s ever-changing marketplace,
companies can no longer just issue information to the
media in hopes that they share our clients’ stories with
the public. A recent prediction from Forrester
Research is that within two years, half of all U.S. newspapers will have ceased
production.




                                                                                      Social Media Strategy – E+ Whitepaper | September 2009
By 2010 82% of all companies will be using social media marketing and their
biggest barrier to success in this new medium is a lack of knowledge.

To reach your publics successfully you need to start telling your stories directly,
and do it in a way that sparks conversations.


The value proposition of Social Media (Web 2.0) or online PR is:
Sustained conversations that shape perceptions.




                                                                                                                                2
Social Media Strategy – E+ Whitepaper | September 2009
3
Listen to the Online Conversation
For the past 100 years companies have had the luxury of deciding what they will
produce and sell, what their brand message will be and how they will deliver it
to their audience.

The Internet changed that.

We’re in the age of social media marketing. Strategy in this new business
environment is just as vital as it has ever been. Don’t get distracted by the slew
of new social media tools or lured into spending resources just because
“everyone is on Twitter.”

Social media offers you the opportunity of doing in-depth research at virtually
no cost. It is possible to set goals and get ROI, but you have to know where
you’re going and what you want to achieve. Tap into the online conversations
to find out:

   •   who is talking about you
   •   what they are saying
   •   is it positive or negative
   •   where are the conversations taking place
   •   what communities talk about you




                                                                                     Social Media Strategy – E+ Whitepaper | September 2009
   •   what are your competitors doing in social media
   •   what’s the buzz about them
   •   what content resonates with your audience
   •   are there subjects of interest you could provide content for
   •   what social sites have the most conversation
   •   who are the “fire-starters” you need to connect with
   •   who are the influencers in these blogs or communities
   •   where are the opportunities and threats

Once you have this information you can allocate your resources wisely. You’ll
know where to start and what social sites you should be concentrating on.

When you know the lay of the land it’s much easier to plot a path to your
destination. A social media marketing strategy is your roadmap.




                                                                                                                               4
Tools

                                                             DIY – Free Tools



                                                             Brand mentions

                                                             Google News Alerts

                                                             Yahoo News

                                                             Moreover

                                                             How Sociable

                                                             Socialmention

                                                             RSS Reader like NetVibes



                                                             Blog Buzz

                                                             Google BlogSearch

                                                             IceRocket

                                                             BlogPulse
Social Media Strategy – E+ Whitepaper | September 2009




                                                             Backtype – for blog comments



                                                             Twitter

                                                             Twitter Search

                                                             Twilert

                                                             Twazzup

                                                             TweetBeep

                                                             Hashtags

                                                             Twitrratr




                                                         5
Trends

Google Trends

Google Insights for Search

Trendrr

Serph



Facebook

Lexicon



Message Boards and Forums

BoardTracker

BoardReader

Google Groups

Yahoo Groups




                                                                               Social Media Strategy – E+ Whitepaper | September 2009
Multi Media

YouTube

Truveo

MetaCafe

Viral Video Chart

Flickr

PhotoBucket

Now that you know just how much there is to be tracked, here are some of the
paid tools that can do a lot of the heavy lifting for you.




                                                                                                                         6
Subscription Tools

                                                             Radian6

                                                             Trackur

                                                             Nielsen BuzzMetrics

                                                             BrandsEye

                                                             Trackur

                                                             Visible Technologies

                                                             BuzzLogic

                                                             Techrigy SM2

                                                             FiltrBox
Social Media Strategy – E+ Whitepaper | September 2009




                                                         7
Social Media Strategy – E+ Whitepaper | September 2009
8
Establish Your Share of Voice

                                                             There are millions of conversations online every day. When you tap into the ones
                                                             about your industry, what share of voice do you have?

                                                             Share of Voice is defined as the percentage of the mentions that are about your
                                                             brand/company/organization in the particular niche or market you’re active in.

                                                             Do people use a generic description of what you do, or do they talk about your
                                                             products or services specifically?

                                                             Example: Do women talk about dry skin treatment and natural skin care
                                                             products or do they mention specific brands and products? Do they mention
                                                             your product? What percentage of the total conversation about dry skin
                                                             mentions your products?

                                                             Are the comments positive or negative? What is the ratio of positive/negative?

                                                             Are your key messages appearing in these conversations? If not, what content is
                                                             trending? How are your competitors faring in these conversations?

                                                             The context of your content in a competitive set shows how your brand stacks
Social Media Strategy – E+ Whitepaper | September 2009




                                                             up against competitors online.

                                                             Markets are Conversations

                                                             Share of voice leads to market share. Establishing and tracking share of voice
                                                             used to be a advertising metric, but since the most trusted form of advertising is
                                                             now conversations, it’s become an important one for social media.

                                                             A gain in Share of Voice is an important measurement for social media
                                                             programs.




                                                         9
Social Media Strategy – E+ Whitepaper | September 2009
10
Setting Goals and Benchmarks

                                                              Listening to the online conversation allows you to tap into what people are
                                                              interested in right now, what they talk about, what they like and dislike.

                                                              This information will give you the insights that lead to the goals you should pursue
                                                              in social media.

                                                              Everyone on the team has to agree on what target you're aiming for, and how
                                                              you'll know when you hit it... or not! And set the benchmarks before you start so
                                                              you know what you're measuring and where you are now. Then you can go
                                                              forward and track your progression.

                                                              Here are some common business goals for social media:

                                                              Brand Reputation: The "Dell Hell" conversation caused a flood of negative
                                                              comments about Dell's customer service. They set a goal to reverse the problem.
                                                              The ratio of positive to negative comments became one of their key
                                                              performance e indicators and they have definitely achieved their goal.

                                                              Increased Brand Awareness: Skin MD Natural launched their lotion in social
                                                              media and created interest in the phrase shielding lotion as a search term. More
Social Media Strategy – E+ Whitepaper | September 2009




                                                              than 400 mommy bloggers have written about the product and the content
                                                              spread through social media sites like StumbleUpon, kirtsy and del.icio.us. There
                                                              are now search queries for the brand, and the generic phrase shielding lotion, in
                                                              every country in the world.

                                                              Increase share of voice: Reed's Inc discovered that there is a vigorous
                                                              conversation online about ginger beer, ginger ale and ginger brew and the
                                                              health benefits of ginger. However the number of mentions of Reed’s and their
                                                              brands was very low. A planned social media program could increase that
                                                              share of voice.

                                                              Thought Leadership: Sun Microsystems is a perfect example. CEO Jonathan
                                                              Schwartz credits blogging and social media with the revitalization of their brand.

                                                              Increasing Sales: StormHoek Wines increased their sales by 400+% after sending
                                                              wine to bloggers, inviting them to blog about the wine (good, bad or indifferent).
                                                              Burpee Seeds created a daily relationship with customers through RSS feeds on
                                                              gardening news, tips and coupons, increasing sales 400%. BlendTec’s Will It Blend videos
                                                              increased their sales by 500%.

                                                         11
Reduce R&D spend: Dell’s Idea Storm, My Starbuck’s Idea and Crayola’s kid’s
comments have all tapped into the wisdom of their customers. 98% of consumers
indicate “I’d definitely buy a product I helped to evolve.”




                                                                                Social Media Strategy – E+ Whitepaper | September 2009




                                                                                                         12
Social Media Strategy – E+ Whitepaper | September 2009
13
Finding Bloggers and Relevant Communities
Every day another blog, social network or social media site seems to pop up.
There are now literally thousands of places online where conversations are
taking place.

How can you effectively divide up your time and resources so that you
participate in the places that make sense for your business?

Part of your research – listening to what’s being said online – has to include who
is talking about you and where the conversations are taking place.

Here are some examples:

      A skin care company discovered that there is conversation about dry skin
      in gardening forums, moms talk about skin care and so do crafters and
      medical professionals. These folk all have their own niche social networks.
      There is also a lot of chatter about skin care on Twitter.

      A natural soda company found that there people on Twitter talking about
      their products, their competitors products and ginger ale, ginger brew
      and ginger beer in general.

Once you know where the majority of the conversations take place you can




                                                                                     Social Media Strategy – E+ Whitepaper | September 2009
sensibly allocate your resources for best ROI.

According to eMarketer the number of influencers is growing, as more and more
people publish content online.




It’s no longer about how many people did we reach, it’s have we reached the
right people who want to engage and communicate with us?
                                                                                                              14
1. Find the bloggers who talk about your company or product and those
                                                                    who talk about your industry, but have not mentioned your company.

                                                                 2. Monitoring blog posts – even if you do it manually in Google Blog Search –
                                                                    will show you who is writing on a certain key topic. You should also track
                                                                    mentions of your brand and generic keywords that describe what you do
                                                                    in social news sites like digg, Newsvine, Kirtsy and StumbleUpon.

                                                                 3. Track content about you and your industry in social networks like
                                                                    Facebook and Twitter, as well as smaller, niche networks that are relevant
                                                                    to your brand or organization.

                                                              There are so many small social network built around a group that is passionate
                                                              about a subject. Find the ones that are relevant to your company or
                                                              organization.



                                                              Niche social communities:

                                                              Closet Couture – a site for women who want advice on how to be stylish

                                                              A Small World – a private international community of influential people
Social Media Strategy – E+ Whitepaper | September 2009




                                                              Sober Circle: Recovering Addicts

                                                              English Companion: A network for English teachers

                                                              QuiltingFriends: Quilters

                                                              The same applies in social news sites, like StumbleUpon, Twitter and Digg. Find
                                                              members who talk about you and about your industry or competitors.

                                                              Once you have the full list, you can rank them according to influence.




                                                         15
Social Media Strategy – E+ Whitepaper | September 2009
16
Identifying Online Influencers

                                                              What is influence? It can be defined as "implicit or explicit effect of one thing (or
                                                              person) on another."

                                                              What influences people online has changed dramatically in the last few years.
                                                              The idea that the person with the most followers or subscribers has the biggest
                                                              influence is no longer valid.

                                                              Today, influence is about accuracy and trust. You want to reach the bloggers
                                                              and social networkers who have influence – those who can cause others to take
                                                              action, change their perception and/or their behavior.

                                                              And they might not be the A-list bloggers or power users in a network. It is
                                                              someone that other people trust and listen to. They're the ones who send a flood
                                                              of traffic to your blog or your website, because when they link to you or
                                                              recommend your product, their followers take action.

                                                              How do we measure influence? Although this is not yet an exact science, here
                                                              are some of the parameters we use to determine which blogger and networkers
                                                              to focus on.

                                                              Traffic – Unique visitors, page views, RSS subscribers
Social Media Strategy – E+ Whitepaper | September 2009




                                                              Inbound Links – Primarily contextual links from well-ranked sites and blogs

                                                              Reader Engagement – Time spent on site, comments

                                                              Recommendations – Retweets, bookmarking, tagging and sharing of content

                                                              Connections – Number of followers/mutual connections across multiple social
                                                              sites

                                                              Track Record – Age of domain, number of blog posts, length of engagement

                                                              Traffic Referred to your site or blog – analytics tells which referring sites send the
                                                              most traffic

                                                              Conversion rate of those visitors – what is the rate of conversion for each
                                                              referring site?




                                                         17
Social Media Strategy – E+ Whitepaper | September 2009
18
Developing Your Content Strategy
                                                              Back in 2001 Forrester Research asked people why they returned to a website
                                                              and the overwhelming answer was ‘content.’ And that holds true today.

                                                              Success in social media depends on the quality of your content. It’s about
                                                              engaging people and the key to engagement is good content. In social media
                                                              people are creating, reading, saving, tagging and sharing content. If you don’t
                                                              produce the kind of content they value, it won’t get re-published or shared.

                                                              How do you know what kind of content to create? Listen and observe.

                                                              In the past we had to rely on agencies to have a ‘bright idea.’ But when you
                                                              really listen to your audience content opportunities easily spring to mind.

                                                              Example: A mortgage company discovered that young mothers in their first
                                                              home were very concerned about the housing market and the subprime
                                                              mortgage fiasco. They were looking for information in language they could
                                                              understand. The mortgage company realized an opportunity to connect with
                                                              these moms via informative articles and video interviews with their experts.

                                                              Example: A natural soda company that makes ginger products saw lots of
                                                              discussion on Twitter about the health benefits of ginger. Immediately ideas
                                                              started to flow about how to participate in this conversation – studies, recipes,
Social Media Strategy – E+ Whitepaper | September 2009




                                                              articles, videos. They presented on the benefits of using ginger as a remedy for
                                                              nausea at a cancer conference.

                                                              Example: a non –profit involved in drug rehabilitation found out that women
                                                              turn to blogs for information, advice or recommendations. (2009 BlogHer Social
                                                              Media study.) And what they value most is a review or comment from someone
                                                              who has used that product or service. Since women are the ones who most
                                                              often call the rehab centers – a wife, mother or sister of the addict - it was
                                                              obvious that they needed to create content around the stories of women who
                                                              had saved their families with this program and get it to women bloggers.

                                                              Telling your story online in the right place to the right people gets results. But you
                                                              need a well-thought out content strategy based on solid research to get those
                                                              results.




                                                         19
Social Media Strategy – E+ Whitepaper | September 2009
20
Pick Your Social Media Tools
                                                              There’s a wide array of social media tools to choose from and the task can be
                                                              confusing. But if you have all your data analyzed, and your content strategy in
                                                              place, it’s easy to pick the right tools for your campaign. Your research will tell
                                                              you where to start.

                                                              If the majority of the conversation about your product is on Twitter, you’ll need a
                                                              custom designed Twitter account. If you have a slew of brand evangelists
                                                              making videos about your company, get a branded YouTube Channel up right
                                                              away.

                                                              Here’s the list of social media tools:

                                                                 •   Search Optimized press releases

                                                                 •   Social Media News Release format- with multimedia and social bookmarks

                                                                 •   Search optimized articles

                                                                 •   News Feeds (RSS) to syndicate all your content

                                                                 •   Socializing your news content – ‘share this’ buttons, tagging &
                                                                     bookmarking
Social Media Strategy – E+ Whitepaper | September 2009




                                                                 •   Blogs

                                                                 •   Micro blogging (Twitter)

                                                                 •   Podcasts

                                                                 •   Images

                                                                 •   Video

                                                                 •   Social Networks – Facebook, LinkedIn, niche networks

                                                                 •   Social Media News Sites – Kirtsy, Newsvine, StumbleUpon, digg

                                                                 •   Widgets

                                                                 •   Social Media News Room - gather and present all your social media
                                                                     content on your website



                                                         21
Social Media Strategy – E+ Whitepaper | September 2009
22
Creating and Delivering Content
                                                              Once you have a content strategy based on solid research bright ideas will
                                                              naturally flow about what to create and how to deliver this content.

                                                              Experimenting with a Facebook page and a Twitter feed isn’t enough. You
                                                              have to create supporting content - a company blog, an interactive website,
                                                              interesting articles, images and videos.

                                                              You want bloggers and online reporters to write about you and send you traffic?
                                                              Give them excellent content.

                                                              A hotel or resort should be writing about their destination – give people ideas of
                                                              where to go and what to do. Use great images and videos. Take a look at how
                                                              Intercontinental Hotels did this.

                                                              A non –profit can create compelling content that motivates bloggers to write
                                                              about their cause. The Fresh Air Fund generated over 400 blog posts from this
                                                              social media news release.
Social Media Strategy – E+ Whitepaper | September 2009




                                                              The Will it Blend videos have engaged millions of people around the world and
                                                              increased BlendTec’s sales by 500%




                                                         23
Good content not only sparks conversations it also build links. People will share
the content and they’ll link to it from blog posts and tweets. This can raise your
search visibility and drive lots of traffic to your content.




                                                                                     Social Media Strategy – E+ Whitepaper | September 2009




                                                                                                              24
Social Media Strategy – E+ Whitepaper | September 2009
25
Engage and Facilitate Conversations
It’s not enough to push out content. Social media is not just another marketing
channel you can use to reach your target audience. The biggest mistake
companies and brands make is to use social media as a way to sell a product.

Content should be created with a view to inspiring and participating in
conversations. Social media is about a two-way flow of conversation. People
are no longer willing to be passive bystanders – they want to take an active part
of the conversation.

Customer engagement can get you through the toughest of times – it’s both a
customer acquisition and retention strategy.

Engaging Your Audience

Followers and traffic are good and well, but are they engaging with you?

93% of the Internet users active in social media say they expect a company to
have a social media presence and to be able to actively engage with that
company.

Despite all their marketing and PR efforts Microsoft was still perceived as a
faceless corporate giant. When Robert Scoble started blogging he put a




                                                                                    Social Media Strategy – E+ Whitepaper | September 2009
human face on the company, engaged with the users and developers and he
changed those perceptions.

Dell has also demonstrated how to engage and succeed with social media.

Martha Stewart is a perfect example -

On a small local level, The Boston Court Theatre here in Pasadena is doing a
stellar job of engaging the local arts community and growing a strong support
base.

The Forrester Research report Social Media Playtime is Over clearly shows that
dabbling or experimenting is not enough. You have to deliver genuinely
interesting and valuable content that meets the needs of your audience and
actively engages them.

Our recent study of the top 100 companies in the small, medium and large
categories revealed that only a very small percentage are actively engaging
their audience. The playing field is wide open and this is a strategy that can
reap big rewards.
                                                                                                             26
Facilitating Conversations (h2)

                                                              Word of mouth has long been the holy grail of marketing. Peer reviews,
                                                              opinions and comments are now the number one influencer prior to purchase or
                                                              decision online. Not only do you want them engaged with you, you want them
                                                              talking positively about you to each other. Facilitating these conversations
                                                              should be your ultimate goal.

                                                              Make it easy for them – provide excellent content that they will want to share
                                                              and discuss. And then give them tools to make it easy to do this – send to a
                                                              friend buttons, share this, bookmark this, subscribe, discuss, comment.
Social Media Strategy – E+ Whitepaper | September 2009




                                                              Since word of mouth, online conversations, reviews and comments are
                                                              regarded as the most trusted forms of information today, getting people to talk
                                                              about your product is the goal.

                                                              Example: I work in restaurants and using barrier skin shields is very common. One
                                                              of the bad things about washing your hands constantly is getting small open
                                                              cuts on the hands that allow bacteria and viruses to enter freely. I am sure this is
                                                              a problem in hospitals too. A shielding lotion works well to handle this.

                                                              This comment was posted in the GardenWeb Forum

                                                              Example: G-Map, the first GPS app for the iPhone, has found many
                                                              conversations about their product in Twitter and MacForums.




                                                         27
Providing a platform where people can engage with other users is a good way
to do this. Travel is a perfect example. CruiseTube.com connects cruisers so
they can stay in touch with fellow passengers and meet other cruise enthusiasts
worldwide by sharing memories and travel information online.




                                                                                  Social Media Strategy – E+ Whitepaper | September 2009




                                                                                                           28
Social Media Strategy – E+ Whitepaper | September 2009
29
Measurement and ROI
2009 will be the year when the pendulum swings from experimentation to
accountability.2009 will raise the bar on all of us to demonstrate how social
media and PR programs are helping to drive desired business outcomes. Don
Bartholomew Measurement Commission of the Institute for Public Relations

Why measure?

“During a recession, with dollars stretched, marketers are under increased
pressure to prove their programs. Social media, being largely experimental for
many brands, need to measure to quickly ‘course correct’ programs in real
time. During times of cutbacks, marketers must know what to cut, and in order to
do so, measurement is key.” Jeremiah Owyang, Altimeter Group.


If you can't measure it, you can't manage it. It’s that simple. You need to know
where you are when you start, what needs to be achieved and as you move
along the path you have to have tools to measure your progress. That way you
can see if you are on track and adapt fast if things go awry.

Your measurement has to be based on business objectives – and those
objectives have to be set as measurable goals. Just setting up attributes to track




                                                                                     Social Media Strategy – E+ Whitepaper | September 2009
on a dashboard is not enough.


What to Measure:

What you are going to measure will depend on what goals you have set in the
initial part of your strategy. Based on listening and research, you should have
determined what actions you need to focus on in social media. Measure what
you did and what impact it had, and then you can see what result it had.

The value of analysis

Having mountains of data is all very well, but ‘what does this mean?” is the
crucial question.

Being able to evaluate the data and come to a conclusion you can use to
tweak or expand your program is the point. You need to tell your story to others,
the client, your superiors and the “C” suite.



                                                                                                              30
Return on Engagement

                                                              There are many tools available today to track engagement – how many people
                                                              clicked a link in a blog post? How many times was the message re-tweeted?
                                                              How many followers does the person who re-tweeted you have?

                                                              Track the Growth of your Share of Voice

                                                              Compare the number of articles, posts, tweets, videos or images where a brand
                                                              and its competitors are mentioned. Calculate brand is mentioned the most,
                                                              relative to its competitors, and by what margin. Track your growth in the share
                                                              of voice.

                                                              Track Your Share of Conversation

                                                              Share of Conversation is the degree to which a brand is associated with the
                                                              problem or need that it is setting out to help with. Skin MD Natural helps with
                                                              dry skin, so you can calculate the share of conversation like this:

                                                              Share of Conversation =         Total # of articles/post/tweets about dry skin
                                                              AND Skin MD

                                                                                        Total # of articles/posts/tweets about dry s
Social Media Strategy – E+ Whitepaper | September 2009




                                                         31
Conclusion:
A well-planned social media program based on listening to your audience will
result in deeper relationships with your customers and other stakeholders. By
tapping into the knowledge and desires of your customers your R&D will be right
‘on the money’ and your product or service improvements will meet the needs
of your particular audience.

Markets are indeed conversations. Listen, learn and respond.



In 2010 Over 80 percent of companies will be using social media marketing.
2009 Marketing Industry Trends Report

Yet when someone wants to find out about your company they still go to your
website. And in fact, it’s the goal of many a marketer to use social media to
drive traffic to the website.

How do you plan to aggregate and host all your social media content on your
website?




                                                                                  Social Media Strategy – E+ Whitepaper | September 2009




                                                                                                           32
Find out about the Social Media Newsroom
Social Media Strategy – E+ Whitepaper | September 2009




                                                                  Call Mary Anderson 626 793 4911




                                                         33
Expansion Plus is an online PR and social media agency based in Pasadena, CA.



Our services:

Executive Briefing on Social Media

Social Media Strategy

Online PR and Media Relations

Online Reputation Management

Locating and Identifying Influencers and Brand Ambassadors

Social Media and Online PR Training and Coaching



626 793 4911

1010 E Union Street # 200




                                                                                Social Media Strategy – E+ Whitepaper | September 2009
Pasadena, CA. 91106




                                                                                                         34

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Expansion plus-social-media-strategies

  • 1. Social Media Strategy Expansion Plus, Inc. September 2009 Authored by: Sally Falkow, Principal & Social Media Strategist Copyright © 2004 – 2010 Expansion Plus, Inc.
  • 2. Table of Contents 1. Social Media overview Page 2 2. Listen to Conversations Page 3 - 7 3. Establish Share of Voice Page 8 - 9 4. Set Goal/Benchmark Page 10 - 12 5. Find Bloggers and Communities Page 13 - 15 6. Identify Influencers Page 16 - 17 7. Develop a Content Strategy Page 18 - 19 8. Pick Tools Page 20 - 21 9. Create and Deliver the Content Page 22 - 24 10. Engage and Facilitate Conversations Page 25 - 28 11. Measure Results Page 29 – 31 Social Media Strategy – E+ Whitepaper | September 2009 12. Conclusion Page 32 1
  • 3. Social Media Strategy Social Media Overview The social web – Web 2.0 – has given rise to a new way of marketing: people are engaged in conversations online and, as predicted by the Cluetrain Manifesto - markets have become conversations. The most trusted form of advertising today is a recommendation from another person ‘just like me.’ Tapping into these conversations shows where your audience is spending time online and what subjects and issues are of interest to them. Based on today’s ever-changing marketplace, companies can no longer just issue information to the media in hopes that they share our clients’ stories with the public. A recent prediction from Forrester Research is that within two years, half of all U.S. newspapers will have ceased production. Social Media Strategy – E+ Whitepaper | September 2009 By 2010 82% of all companies will be using social media marketing and their biggest barrier to success in this new medium is a lack of knowledge. To reach your publics successfully you need to start telling your stories directly, and do it in a way that sparks conversations. The value proposition of Social Media (Web 2.0) or online PR is: Sustained conversations that shape perceptions. 2
  • 4. Social Media Strategy – E+ Whitepaper | September 2009 3
  • 5. Listen to the Online Conversation For the past 100 years companies have had the luxury of deciding what they will produce and sell, what their brand message will be and how they will deliver it to their audience. The Internet changed that. We’re in the age of social media marketing. Strategy in this new business environment is just as vital as it has ever been. Don’t get distracted by the slew of new social media tools or lured into spending resources just because “everyone is on Twitter.” Social media offers you the opportunity of doing in-depth research at virtually no cost. It is possible to set goals and get ROI, but you have to know where you’re going and what you want to achieve. Tap into the online conversations to find out: • who is talking about you • what they are saying • is it positive or negative • where are the conversations taking place • what communities talk about you Social Media Strategy – E+ Whitepaper | September 2009 • what are your competitors doing in social media • what’s the buzz about them • what content resonates with your audience • are there subjects of interest you could provide content for • what social sites have the most conversation • who are the “fire-starters” you need to connect with • who are the influencers in these blogs or communities • where are the opportunities and threats Once you have this information you can allocate your resources wisely. You’ll know where to start and what social sites you should be concentrating on. When you know the lay of the land it’s much easier to plot a path to your destination. A social media marketing strategy is your roadmap. 4
  • 6. Tools DIY – Free Tools Brand mentions Google News Alerts Yahoo News Moreover How Sociable Socialmention RSS Reader like NetVibes Blog Buzz Google BlogSearch IceRocket BlogPulse Social Media Strategy – E+ Whitepaper | September 2009 Backtype – for blog comments Twitter Twitter Search Twilert Twazzup TweetBeep Hashtags Twitrratr 5
  • 7. Trends Google Trends Google Insights for Search Trendrr Serph Facebook Lexicon Message Boards and Forums BoardTracker BoardReader Google Groups Yahoo Groups Social Media Strategy – E+ Whitepaper | September 2009 Multi Media YouTube Truveo MetaCafe Viral Video Chart Flickr PhotoBucket Now that you know just how much there is to be tracked, here are some of the paid tools that can do a lot of the heavy lifting for you. 6
  • 8. Subscription Tools Radian6 Trackur Nielsen BuzzMetrics BrandsEye Trackur Visible Technologies BuzzLogic Techrigy SM2 FiltrBox Social Media Strategy – E+ Whitepaper | September 2009 7
  • 9. Social Media Strategy – E+ Whitepaper | September 2009 8
  • 10. Establish Your Share of Voice There are millions of conversations online every day. When you tap into the ones about your industry, what share of voice do you have? Share of Voice is defined as the percentage of the mentions that are about your brand/company/organization in the particular niche or market you’re active in. Do people use a generic description of what you do, or do they talk about your products or services specifically? Example: Do women talk about dry skin treatment and natural skin care products or do they mention specific brands and products? Do they mention your product? What percentage of the total conversation about dry skin mentions your products? Are the comments positive or negative? What is the ratio of positive/negative? Are your key messages appearing in these conversations? If not, what content is trending? How are your competitors faring in these conversations? The context of your content in a competitive set shows how your brand stacks Social Media Strategy – E+ Whitepaper | September 2009 up against competitors online. Markets are Conversations Share of voice leads to market share. Establishing and tracking share of voice used to be a advertising metric, but since the most trusted form of advertising is now conversations, it’s become an important one for social media. A gain in Share of Voice is an important measurement for social media programs. 9
  • 11. Social Media Strategy – E+ Whitepaper | September 2009 10
  • 12. Setting Goals and Benchmarks Listening to the online conversation allows you to tap into what people are interested in right now, what they talk about, what they like and dislike. This information will give you the insights that lead to the goals you should pursue in social media. Everyone on the team has to agree on what target you're aiming for, and how you'll know when you hit it... or not! And set the benchmarks before you start so you know what you're measuring and where you are now. Then you can go forward and track your progression. Here are some common business goals for social media: Brand Reputation: The "Dell Hell" conversation caused a flood of negative comments about Dell's customer service. They set a goal to reverse the problem. The ratio of positive to negative comments became one of their key performance e indicators and they have definitely achieved their goal. Increased Brand Awareness: Skin MD Natural launched their lotion in social media and created interest in the phrase shielding lotion as a search term. More Social Media Strategy – E+ Whitepaper | September 2009 than 400 mommy bloggers have written about the product and the content spread through social media sites like StumbleUpon, kirtsy and del.icio.us. There are now search queries for the brand, and the generic phrase shielding lotion, in every country in the world. Increase share of voice: Reed's Inc discovered that there is a vigorous conversation online about ginger beer, ginger ale and ginger brew and the health benefits of ginger. However the number of mentions of Reed’s and their brands was very low. A planned social media program could increase that share of voice. Thought Leadership: Sun Microsystems is a perfect example. CEO Jonathan Schwartz credits blogging and social media with the revitalization of their brand. Increasing Sales: StormHoek Wines increased their sales by 400+% after sending wine to bloggers, inviting them to blog about the wine (good, bad or indifferent). Burpee Seeds created a daily relationship with customers through RSS feeds on gardening news, tips and coupons, increasing sales 400%. BlendTec’s Will It Blend videos increased their sales by 500%. 11
  • 13. Reduce R&D spend: Dell’s Idea Storm, My Starbuck’s Idea and Crayola’s kid’s comments have all tapped into the wisdom of their customers. 98% of consumers indicate “I’d definitely buy a product I helped to evolve.” Social Media Strategy – E+ Whitepaper | September 2009 12
  • 14. Social Media Strategy – E+ Whitepaper | September 2009 13
  • 15. Finding Bloggers and Relevant Communities Every day another blog, social network or social media site seems to pop up. There are now literally thousands of places online where conversations are taking place. How can you effectively divide up your time and resources so that you participate in the places that make sense for your business? Part of your research – listening to what’s being said online – has to include who is talking about you and where the conversations are taking place. Here are some examples: A skin care company discovered that there is conversation about dry skin in gardening forums, moms talk about skin care and so do crafters and medical professionals. These folk all have their own niche social networks. There is also a lot of chatter about skin care on Twitter. A natural soda company found that there people on Twitter talking about their products, their competitors products and ginger ale, ginger brew and ginger beer in general. Once you know where the majority of the conversations take place you can Social Media Strategy – E+ Whitepaper | September 2009 sensibly allocate your resources for best ROI. According to eMarketer the number of influencers is growing, as more and more people publish content online. It’s no longer about how many people did we reach, it’s have we reached the right people who want to engage and communicate with us? 14
  • 16. 1. Find the bloggers who talk about your company or product and those who talk about your industry, but have not mentioned your company. 2. Monitoring blog posts – even if you do it manually in Google Blog Search – will show you who is writing on a certain key topic. You should also track mentions of your brand and generic keywords that describe what you do in social news sites like digg, Newsvine, Kirtsy and StumbleUpon. 3. Track content about you and your industry in social networks like Facebook and Twitter, as well as smaller, niche networks that are relevant to your brand or organization. There are so many small social network built around a group that is passionate about a subject. Find the ones that are relevant to your company or organization. Niche social communities: Closet Couture – a site for women who want advice on how to be stylish A Small World – a private international community of influential people Social Media Strategy – E+ Whitepaper | September 2009 Sober Circle: Recovering Addicts English Companion: A network for English teachers QuiltingFriends: Quilters The same applies in social news sites, like StumbleUpon, Twitter and Digg. Find members who talk about you and about your industry or competitors. Once you have the full list, you can rank them according to influence. 15
  • 17. Social Media Strategy – E+ Whitepaper | September 2009 16
  • 18. Identifying Online Influencers What is influence? It can be defined as "implicit or explicit effect of one thing (or person) on another." What influences people online has changed dramatically in the last few years. The idea that the person with the most followers or subscribers has the biggest influence is no longer valid. Today, influence is about accuracy and trust. You want to reach the bloggers and social networkers who have influence – those who can cause others to take action, change their perception and/or their behavior. And they might not be the A-list bloggers or power users in a network. It is someone that other people trust and listen to. They're the ones who send a flood of traffic to your blog or your website, because when they link to you or recommend your product, their followers take action. How do we measure influence? Although this is not yet an exact science, here are some of the parameters we use to determine which blogger and networkers to focus on. Traffic – Unique visitors, page views, RSS subscribers Social Media Strategy – E+ Whitepaper | September 2009 Inbound Links – Primarily contextual links from well-ranked sites and blogs Reader Engagement – Time spent on site, comments Recommendations – Retweets, bookmarking, tagging and sharing of content Connections – Number of followers/mutual connections across multiple social sites Track Record – Age of domain, number of blog posts, length of engagement Traffic Referred to your site or blog – analytics tells which referring sites send the most traffic Conversion rate of those visitors – what is the rate of conversion for each referring site? 17
  • 19. Social Media Strategy – E+ Whitepaper | September 2009 18
  • 20. Developing Your Content Strategy Back in 2001 Forrester Research asked people why they returned to a website and the overwhelming answer was ‘content.’ And that holds true today. Success in social media depends on the quality of your content. It’s about engaging people and the key to engagement is good content. In social media people are creating, reading, saving, tagging and sharing content. If you don’t produce the kind of content they value, it won’t get re-published or shared. How do you know what kind of content to create? Listen and observe. In the past we had to rely on agencies to have a ‘bright idea.’ But when you really listen to your audience content opportunities easily spring to mind. Example: A mortgage company discovered that young mothers in their first home were very concerned about the housing market and the subprime mortgage fiasco. They were looking for information in language they could understand. The mortgage company realized an opportunity to connect with these moms via informative articles and video interviews with their experts. Example: A natural soda company that makes ginger products saw lots of discussion on Twitter about the health benefits of ginger. Immediately ideas started to flow about how to participate in this conversation – studies, recipes, Social Media Strategy – E+ Whitepaper | September 2009 articles, videos. They presented on the benefits of using ginger as a remedy for nausea at a cancer conference. Example: a non –profit involved in drug rehabilitation found out that women turn to blogs for information, advice or recommendations. (2009 BlogHer Social Media study.) And what they value most is a review or comment from someone who has used that product or service. Since women are the ones who most often call the rehab centers – a wife, mother or sister of the addict - it was obvious that they needed to create content around the stories of women who had saved their families with this program and get it to women bloggers. Telling your story online in the right place to the right people gets results. But you need a well-thought out content strategy based on solid research to get those results. 19
  • 21. Social Media Strategy – E+ Whitepaper | September 2009 20
  • 22. Pick Your Social Media Tools There’s a wide array of social media tools to choose from and the task can be confusing. But if you have all your data analyzed, and your content strategy in place, it’s easy to pick the right tools for your campaign. Your research will tell you where to start. If the majority of the conversation about your product is on Twitter, you’ll need a custom designed Twitter account. If you have a slew of brand evangelists making videos about your company, get a branded YouTube Channel up right away. Here’s the list of social media tools: • Search Optimized press releases • Social Media News Release format- with multimedia and social bookmarks • Search optimized articles • News Feeds (RSS) to syndicate all your content • Socializing your news content – ‘share this’ buttons, tagging & bookmarking Social Media Strategy – E+ Whitepaper | September 2009 • Blogs • Micro blogging (Twitter) • Podcasts • Images • Video • Social Networks – Facebook, LinkedIn, niche networks • Social Media News Sites – Kirtsy, Newsvine, StumbleUpon, digg • Widgets • Social Media News Room - gather and present all your social media content on your website 21
  • 23. Social Media Strategy – E+ Whitepaper | September 2009 22
  • 24. Creating and Delivering Content Once you have a content strategy based on solid research bright ideas will naturally flow about what to create and how to deliver this content. Experimenting with a Facebook page and a Twitter feed isn’t enough. You have to create supporting content - a company blog, an interactive website, interesting articles, images and videos. You want bloggers and online reporters to write about you and send you traffic? Give them excellent content. A hotel or resort should be writing about their destination – give people ideas of where to go and what to do. Use great images and videos. Take a look at how Intercontinental Hotels did this. A non –profit can create compelling content that motivates bloggers to write about their cause. The Fresh Air Fund generated over 400 blog posts from this social media news release. Social Media Strategy – E+ Whitepaper | September 2009 The Will it Blend videos have engaged millions of people around the world and increased BlendTec’s sales by 500% 23
  • 25. Good content not only sparks conversations it also build links. People will share the content and they’ll link to it from blog posts and tweets. This can raise your search visibility and drive lots of traffic to your content. Social Media Strategy – E+ Whitepaper | September 2009 24
  • 26. Social Media Strategy – E+ Whitepaper | September 2009 25
  • 27. Engage and Facilitate Conversations It’s not enough to push out content. Social media is not just another marketing channel you can use to reach your target audience. The biggest mistake companies and brands make is to use social media as a way to sell a product. Content should be created with a view to inspiring and participating in conversations. Social media is about a two-way flow of conversation. People are no longer willing to be passive bystanders – they want to take an active part of the conversation. Customer engagement can get you through the toughest of times – it’s both a customer acquisition and retention strategy. Engaging Your Audience Followers and traffic are good and well, but are they engaging with you? 93% of the Internet users active in social media say they expect a company to have a social media presence and to be able to actively engage with that company. Despite all their marketing and PR efforts Microsoft was still perceived as a faceless corporate giant. When Robert Scoble started blogging he put a Social Media Strategy – E+ Whitepaper | September 2009 human face on the company, engaged with the users and developers and he changed those perceptions. Dell has also demonstrated how to engage and succeed with social media. Martha Stewart is a perfect example - On a small local level, The Boston Court Theatre here in Pasadena is doing a stellar job of engaging the local arts community and growing a strong support base. The Forrester Research report Social Media Playtime is Over clearly shows that dabbling or experimenting is not enough. You have to deliver genuinely interesting and valuable content that meets the needs of your audience and actively engages them. Our recent study of the top 100 companies in the small, medium and large categories revealed that only a very small percentage are actively engaging their audience. The playing field is wide open and this is a strategy that can reap big rewards. 26
  • 28. Facilitating Conversations (h2) Word of mouth has long been the holy grail of marketing. Peer reviews, opinions and comments are now the number one influencer prior to purchase or decision online. Not only do you want them engaged with you, you want them talking positively about you to each other. Facilitating these conversations should be your ultimate goal. Make it easy for them – provide excellent content that they will want to share and discuss. And then give them tools to make it easy to do this – send to a friend buttons, share this, bookmark this, subscribe, discuss, comment. Social Media Strategy – E+ Whitepaper | September 2009 Since word of mouth, online conversations, reviews and comments are regarded as the most trusted forms of information today, getting people to talk about your product is the goal. Example: I work in restaurants and using barrier skin shields is very common. One of the bad things about washing your hands constantly is getting small open cuts on the hands that allow bacteria and viruses to enter freely. I am sure this is a problem in hospitals too. A shielding lotion works well to handle this. This comment was posted in the GardenWeb Forum Example: G-Map, the first GPS app for the iPhone, has found many conversations about their product in Twitter and MacForums. 27
  • 29. Providing a platform where people can engage with other users is a good way to do this. Travel is a perfect example. CruiseTube.com connects cruisers so they can stay in touch with fellow passengers and meet other cruise enthusiasts worldwide by sharing memories and travel information online. Social Media Strategy – E+ Whitepaper | September 2009 28
  • 30. Social Media Strategy – E+ Whitepaper | September 2009 29
  • 31. Measurement and ROI 2009 will be the year when the pendulum swings from experimentation to accountability.2009 will raise the bar on all of us to demonstrate how social media and PR programs are helping to drive desired business outcomes. Don Bartholomew Measurement Commission of the Institute for Public Relations Why measure? “During a recession, with dollars stretched, marketers are under increased pressure to prove their programs. Social media, being largely experimental for many brands, need to measure to quickly ‘course correct’ programs in real time. During times of cutbacks, marketers must know what to cut, and in order to do so, measurement is key.” Jeremiah Owyang, Altimeter Group. If you can't measure it, you can't manage it. It’s that simple. You need to know where you are when you start, what needs to be achieved and as you move along the path you have to have tools to measure your progress. That way you can see if you are on track and adapt fast if things go awry. Your measurement has to be based on business objectives – and those objectives have to be set as measurable goals. Just setting up attributes to track Social Media Strategy – E+ Whitepaper | September 2009 on a dashboard is not enough. What to Measure: What you are going to measure will depend on what goals you have set in the initial part of your strategy. Based on listening and research, you should have determined what actions you need to focus on in social media. Measure what you did and what impact it had, and then you can see what result it had. The value of analysis Having mountains of data is all very well, but ‘what does this mean?” is the crucial question. Being able to evaluate the data and come to a conclusion you can use to tweak or expand your program is the point. You need to tell your story to others, the client, your superiors and the “C” suite. 30
  • 32. Return on Engagement There are many tools available today to track engagement – how many people clicked a link in a blog post? How many times was the message re-tweeted? How many followers does the person who re-tweeted you have? Track the Growth of your Share of Voice Compare the number of articles, posts, tweets, videos or images where a brand and its competitors are mentioned. Calculate brand is mentioned the most, relative to its competitors, and by what margin. Track your growth in the share of voice. Track Your Share of Conversation Share of Conversation is the degree to which a brand is associated with the problem or need that it is setting out to help with. Skin MD Natural helps with dry skin, so you can calculate the share of conversation like this: Share of Conversation = Total # of articles/post/tweets about dry skin AND Skin MD Total # of articles/posts/tweets about dry s Social Media Strategy – E+ Whitepaper | September 2009 31
  • 33. Conclusion: A well-planned social media program based on listening to your audience will result in deeper relationships with your customers and other stakeholders. By tapping into the knowledge and desires of your customers your R&D will be right ‘on the money’ and your product or service improvements will meet the needs of your particular audience. Markets are indeed conversations. Listen, learn and respond. In 2010 Over 80 percent of companies will be using social media marketing. 2009 Marketing Industry Trends Report Yet when someone wants to find out about your company they still go to your website. And in fact, it’s the goal of many a marketer to use social media to drive traffic to the website. How do you plan to aggregate and host all your social media content on your website? Social Media Strategy – E+ Whitepaper | September 2009 32
  • 34. Find out about the Social Media Newsroom Social Media Strategy – E+ Whitepaper | September 2009 Call Mary Anderson 626 793 4911 33
  • 35. Expansion Plus is an online PR and social media agency based in Pasadena, CA. Our services: Executive Briefing on Social Media Social Media Strategy Online PR and Media Relations Online Reputation Management Locating and Identifying Influencers and Brand Ambassadors Social Media and Online PR Training and Coaching 626 793 4911 1010 E Union Street # 200 Social Media Strategy – E+ Whitepaper | September 2009 Pasadena, CA. 91106 34