Building Digital Influence




1
The Internet is the most transformational technology
                      since…

                 THE TABLE
Lots of:


                                Tables

                            Conversations

                                Noise



What are people listening to?
Consumers trust Word-Of-Mouth more than
     BRANDS and ADVERTISING




                                                                                   a
                                                                               Medi
                                                                        Social




                                                                                           edia
                                                                               g     ital m
                                                                        Old di


        Source: Asia Pacific Digital Marketing Yearbook 2009, CHINA (excluding HK)
Growth of WOM leading marketers to rethink MEDIA



             Digital                     Digital
           Advertising                 Influence




               Buy                        Earn
         $ Spent on Media      $ Spent on Content & Assets
            Campaigns             Steady Engagement
            Exposure                  Endorsement

         Brand Awareness              Brand Equity

5
3 Rings of Influence Building

                                    2. Identify and
                                        engage
                                      influencers




              1. Improve
                 Brand
              Experience




                                      3. Activate
                                    influencers to
                                    reach a larger
                                       audience
6
1     Want better marketing?

    Keep Improving your product




       Let customers know you care




7
Use digital media to improve your brand



                 1. Listen & monitor


       2. Ask for feedback. Reward & recognize.


                   3. Action & PR



8
9
    http://mystarbucksidea.force.com/
Ideas
implemented
   Influencers
    identified!




                  10
11
FAQ
     “What if people say something bad?”
     People will discuss your products whether you are there
       or not. It’s better to be there with a strategy to deal
       with negative feedback effectively and constructively.




     “When should I start?”
     Don’t jump in until you have enough resources to have a
       two-way conversation with your customers.
     Additional social resources will cost money but it pays off
       in reputation, innovation and customer satisfaction.

12
2               Identify your influencers




     Find the 20% who contribute to 80% of your business,
              and make them your brand advocates




13
Who are influencers?


                  Malcolm Gladwell

                  The Tipping Point ( 引爆點 )




     Connectors   Mavens             Salesmen

14
Connectors – network

     Socialable
     Large number of “loose ties”
     Ability to span different worlds




     Key online characteristic:
     Large number of friends and followers
     Variety of interests
15
Mavens – knowledge and sharing

     Researcher / information gatherer
     Ask questions
     Trend-setter / early adopter
     Like to share


     Key online characteristic:
     Share often and early
     Ask for and share interesting and useful info

16
Salesmen – persuasive

     Credible & Charismatic
     People agree with them
     Motivate people to action




     Key online characteristic:
     Receive more “Likes” and positive ratings
     Content Re-Shared (Re-tweet)
17
Where you find these 3 types of influencers

                   Customer database

                       Employees


           Industry, Partner and Affiliate Sites


                  Online communities




18
3    Activate your influencers




19
Tools                  Catalysts




                                    “Sticky message”
          Social sharing
                                 Exclusive offer or content
     Referral marketing system
                                       Recognition
       Conversion platform
                                   Financial incentives



20
人人喜欢 / Facebook 讚好 Basic Example




21
Social sharing tools
 Groupon.cn
  Example

      Exclusive offer to
         members



     Referral marketing
          system
              +
     Financial incentive




     Conversion platform




22
FAQ
     What kind of results can I expect from influencer
      activation?
     Studies have shown that influencer referrals have much
       higher (4-6 times) click-through rates and conversion
       rates. This is normal as people pay more attention to
       what their friends recommend than average.


     “Do I need to offer money to activate influencers?”
     Status & recognition take time to build but they are often
       more powerful motivators than small sums of money.
     However, financial incentives have shown to deliver more
       immediate short-term results.

23
Summary of Influence Building




               Improve the
                Experience


             Target the Few


             Ask for Referral
              and Reward
24
Finally, remember you are at a table

                                Listen & engage


                                  Be genuine


                                  Be positive


                                Add value to the
                                  conversation

25
Andy Chang

     andy.chang@doremus.com.hk
            +852 9283 9222




26

Building Digital Influence

  • 1.
  • 2.
    The Internet isthe most transformational technology since… THE TABLE
  • 3.
    Lots of: Tables Conversations Noise What are people listening to?
  • 4.
    Consumers trust Word-Of-Mouthmore than BRANDS and ADVERTISING a Medi Social edia g ital m Old di Source: Asia Pacific Digital Marketing Yearbook 2009, CHINA (excluding HK)
  • 5.
    Growth of WOMleading marketers to rethink MEDIA Digital Digital Advertising Influence Buy Earn $ Spent on Media $ Spent on Content & Assets Campaigns Steady Engagement Exposure Endorsement Brand Awareness Brand Equity 5
  • 6.
    3 Rings ofInfluence Building 2. Identify and engage influencers 1. Improve Brand Experience 3. Activate influencers to reach a larger audience 6
  • 7.
    1 Want better marketing? Keep Improving your product Let customers know you care 7
  • 8.
    Use digital mediato improve your brand 1. Listen & monitor 2. Ask for feedback. Reward & recognize. 3. Action & PR 8
  • 9.
    9 http://mystarbucksidea.force.com/
  • 10.
    Ideas implemented Influencers identified! 10
  • 11.
  • 12.
    FAQ “What if people say something bad?” People will discuss your products whether you are there or not. It’s better to be there with a strategy to deal with negative feedback effectively and constructively. “When should I start?” Don’t jump in until you have enough resources to have a two-way conversation with your customers. Additional social resources will cost money but it pays off in reputation, innovation and customer satisfaction. 12
  • 13.
    2 Identify your influencers Find the 20% who contribute to 80% of your business, and make them your brand advocates 13
  • 14.
    Who are influencers? Malcolm Gladwell The Tipping Point ( 引爆點 ) Connectors Mavens Salesmen 14
  • 15.
    Connectors – network Socialable Large number of “loose ties” Ability to span different worlds Key online characteristic: Large number of friends and followers Variety of interests 15
  • 16.
    Mavens – knowledgeand sharing Researcher / information gatherer Ask questions Trend-setter / early adopter Like to share Key online characteristic: Share often and early Ask for and share interesting and useful info 16
  • 17.
    Salesmen – persuasive Credible & Charismatic People agree with them Motivate people to action Key online characteristic: Receive more “Likes” and positive ratings Content Re-Shared (Re-tweet) 17
  • 18.
    Where you findthese 3 types of influencers Customer database Employees Industry, Partner and Affiliate Sites Online communities 18
  • 19.
    3 Activate your influencers 19
  • 20.
    Tools Catalysts “Sticky message” Social sharing Exclusive offer or content Referral marketing system Recognition Conversion platform Financial incentives 20
  • 21.
    人人喜欢 / Facebook讚好 Basic Example 21
  • 22.
    Social sharing tools Groupon.cn Example Exclusive offer to members Referral marketing system + Financial incentive Conversion platform 22
  • 23.
    FAQ What kind of results can I expect from influencer activation? Studies have shown that influencer referrals have much higher (4-6 times) click-through rates and conversion rates. This is normal as people pay more attention to what their friends recommend than average. “Do I need to offer money to activate influencers?” Status & recognition take time to build but they are often more powerful motivators than small sums of money. However, financial incentives have shown to deliver more immediate short-term results. 23
  • 24.
    Summary of InfluenceBuilding Improve the Experience Target the Few Ask for Referral and Reward 24
  • 25.
    Finally, remember youare at a table Listen & engage Be genuine Be positive Add value to the conversation 25
  • 26.
    Andy Chang andy.chang@doremus.com.hk +852 9283 9222 26

Editor's Notes

  • #3 To set the tone for today, I will start with a great quote and observation from a friend of mine…
  • #4 It’s appropriate to think of the Internet as a social web with a lot of tables with a lot of conversations, and a lot of noise.
  • #5 Not all digital marketing is created equal
  • #6 Advertising is like a loud person at the table.