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The	
  Digital	
  Marke.ng	
  Experts	
  




Developing Social Media
        as	
  a	
  Sales	
  Channel
                                  	
  
                                                                                 1
Table Of Content

•    What is Social Media
•    How to leverage Social Media as a Sales Channel
•    Develop a Sales Channel with a Strong Framework
•    Example (Travel Sector)
•    Getting to grips with Measurement
•    Recommendations
•    Fast Facts- Digital Jungle




                                                       2
Social Media defined….	
  

Social media combines a wide range of online, word-
of-mouth forums including blogs, company sponsored
discussion boards and chat rooms, consumer-to-
consumer e-mail, consumer product or service ratings
websites and forums, Internet discussion boards and
forums, and micro-blogs. (Wikipedia)
Customer Perspective: Info Overload

             What The Customer Sees                             What The Customer
                                                                      Wants

                       Soci
                       al
                       netw
                       ork
                                                                      Easy to find


                              Bl
                              o
             What organizations need to do
                               g
                                                                      information

                                   OTA
               Plan      Meta
               ner       searc
                         h




Customers wants a product and not just a number of related component
Product research has high transaction costs
Information is available piece-meal & proliferation of social media content sources leads to confusion
Company needs to help rather than confuse – provide clear paths from research to purchase.`
Industry Perspective: A Value Migration

                                  Search, Websites


                                          Reach	
  




    Social Media                                                      Commoditized

        Content                                                              Commerce	
  




 Reach, content or commerce is no longer sufficient on a stand-alone basis
 Value has been redefined as “owning” the customer
Customer Perspective: Pain Points


Customer Costs            Customer Benefits (Your value add)   Attributes that drive value to the
                                                               customer
       (pain points)
                                         Availability	
  
            Anxiety	
  
                                                                     User	
  base	
  

                                          Reliability	
  



             Effort
                 	
                       Quality	
  
                                                                   Components
                                                                            	
  

             Time	
                   Transactability	
  




  … the size of your user base and what kind of value added components you provide.
Developing integrated social solutions


  Customer Perspective                                  Industry Perspective

 • Wants products, not
                                                    •  Content, commerce &
  components

                                          +
                                                       reach value poor
 • Transaction costs
                                                       independently
 • Information proliferation
                                                    •  Owning the customer
 • Planning & commerce
                                                       relationship
  facilitation are key




Enabling one-stop product discovery, research, sharing, commenting and transaction is key.
An example of putting It All Together
Leveraging Social
Media Frameworks


                     9
Applications Framework
Brand Framework




GENERATED
EARNED
CREATED OWNED

BOUGHT
Messaging Framework


            More Ways of
          Communicating.
         We now have multiple channels for
          saying things. And many of these
                tools allow other people to
           comment, respond, and spread
            your message. The challenge is
         choosing the right channel for who
          you want to reach and what you
                               want to say.
Site Framework
Social Media Marketing Process
Example: Tourism
    Value China


                   15
Social Media Marketing Process


                +	
  
                                             Flights	
  
                                                                     Car	
  rentals	
  
                                                  Tickets	
                                          Customized	
  tours	
  
            Impact	
  of	
  Informa5on	
  




                                                                 Event	
  5ckets	
                                   Standard	
  tours	
  


                                                      Commodity                                               Bou5que	
  hotels	
  

                                                       Purchase
                                                                                                                             Cruises	
  


                     -­‐	
                                      Impact	
  of	
  Customer	
  Opinions/Sen5ment	
                              +	
  

Customer purchase patterns in different segments vary in their sensitivity to
•   Peer opinions
•   Hard facts
Commodities are fact sensitive; experiences are opinion sensitive
 Sharing of opinions impacts experience oriented / less defined products far more
Value Chain Impact Assessment

                                                                                                                       Online	
  Agents	
  /	
  
                               Supplier
                                      	
                                 Operator
                                                                                	
                                                                                  Customer
                                                                                                                                                                           	
  
                                                                                                                        Offline	
  Agents    	
  

                                                                                                       •  Reduc.on	
  in	
  need/	
  value	
  of	
              •  Biggest	
  beneficiary	
  
                 •  Greater	
  reach/	
  visibility	
     •  Comparability	
                              advice	
  
  Impact
                                                                                                       •  Comparability	
  


                                                                                                 •       Personalized	
  marke.ng	
  /	
  offers	
  to	
     •  Comprehensive,	
  quick	
  &   	
  
                                                          •  Product	
  design	
  based	
                customers	
  on	
  your	
  database	
                 effec.ve	
  comparison	
  &	
  
                 •  Disintermedia.on	
                       on	
  most	
  popular	
  ra.ngs	
  
                                                                                                 •       Go	
  online	
                                        planning	
  enabled	
  
                 •  Context	
  relevant	
                    online	
  
                    distribu.on	
  /	
  promo.on	
        •  Customer	
  service	
               –       Leverage	
  social	
  media	
  tools	
  	
  
Opportunities                                                becomes	
  key	
                    –       Posi.on	
  yourself	
  as	
  an	
  expert	
        •  Collabora.on	
  /	
  group	
  
                                                                                                                                                               buying	
  made	
  easier	
  
                                                          •  Bundling	
  for	
  price	
  
                                                             opacity	
  




                                                          •  Service	
  quality	
  exposed	
  
                                                          •  DIYers	
  can	
  go	
  direct	
  to	
      	
                                                    •  Info	
  overload	
  
    Risks        •  Service	
  quality	
  exposed	
  
                                                             local	
  suppliers	
                       •  Further	
  disintermedia.on	
  
Value Chain Impact Assessment


Impact
•  Direct channel to communicate with customers
•  Customers & critics get an easy platform to discuss organizations. Form
cliques
•  Additional medium beyond traditional PR & marketing
Opportunities                             Threats

• Participate in community               •  Corporate indifference to the
  discussions                            new Web
• Showcase thought leadership            •  Negative blog swarms
• Bypass traditional PR for speed &      •  Being viewed as plastic /
  customer intimacy                      unauthentic
• Build deep customer relationships
• Leverage word of mouth to
  develop the brand
Value Chain Impact Assessment


                            Success            Failure
 Campaigns



Crisis Management

            Do’s                                        Don’ts
 •  Define objectives                    •  Be too “salesy” or pushy
 •  Understand your timeframes           •  Be un-authentic
 •  Identify your measurement criteria   •  Expect fast results
 •  Establish a plan
 •  Execute and contentiously review
Adoption by Tourism Companies

   Budget Rent A Car                     Southwest Airlines                   Accor Hotels



•  Campaign: “Up Your                    •  Campaign: User                  •  Campaign: “Invite a
   Budget”                                  submitted video                    friend”
•  Tools used: Blogs, Internet              adverts                         •  Tools used: Micro
   Videos                                •  Tools used: Blogs,                 blogs, Blogs, BBS and
•  Spend: < USD 500,000                     Internet Videos,                   SNS
•  Results                                  Company Website                 •  Duration: 5 weeks
    –  1m unique visitors                                                   •  Results
    –  10m page views                                                            –  25k registered
                                                                                    emails




   Examples of companies using social media within travel industry – with impressive results
   Adoption increasing as with emergence of platforms / standards emerge & references
How to Measure
  Social Media?


                  21
Automated Sentiment Analysis

  The sales process is impacted differently by online
  comments & sentiment depending on the types of
  products and services are being considered.
  However, it remains a critical metric for marketers
  managing products, services the company brand.


Automatically monitor
the sentiment around
a product, service or
brand.
Consumer Review Analysis

 Consumer review sites hold a significant degree of
 trust for online netizens. The nature and content of
 reviews, comments and posts have an effect on the
 consumer to the extent they will make a sale or not
 depending on the comments being found online.



Identify the opinions
and comments
posted on consumer
review sites
Social Media Analytics

SIP: Enterprise is a social media analytics platform that monitoring
and manages online brand, measuring public awareness,
sentiment, influence, and tracing authoritative sources.
Summary
•  Social Media is already impacting all types of industry
   players

•  Online players will need to figure out their strategy along:
    –  Re-assessing customer value proposition
    –  Sharing content and tools: data in and data out (‘co-
       opetition’)

•  Bricks & Mortar players will need to harness social media
    –  To connect to customers, foster loyalty
    –  To understand (and even influence) demand
    –  …and fine tune offering

•  There is no single formula. Be prepared to experiment and
   figure out
     –  Social media should be a core part of your marketing
        plan
About Digital Jungle



                       26
Digital Jungle Fast Facts	
  



•    Socially Led, digital marketing specialists
•    Global reach
•    Offices in Beijing, Shanghai, Hong Kong, Sydney
•    Spun out of SinoTech Group in 2011
World Class Digital Marketing Experience	
  
•  Delivering digital strategy and execution services:
    –  Customer and competitor insight
    –  Digital strategy
    –  Social Media Marketing
    –  Search Engine Marketing
    –  Affiliate Marketing
    –  Media Buying
    –  Mobile Applications

•  We work for global and domestic organisations,
   across various market sectors, helping our clients:
    –  Engage with their key audiences
    –  Transform their business
    –  Maximise growth Marketing
Our Commitment	
  
                      The mission of Digital Jungle is to help our clients
                      improve their business position and gain real value
                      from their digital marketing investments

                      Through our expertise in social media digital
                      marketing programs and the application of
                      search, affiliate and online marketing, we commit
                      to:

                      •  Driving incremental direct revenue
Dr Matt McDougall,
CEO, Digital Jungle   •  Generating ROI unrivaled by traditional media
                      •  Protecting your online reputation
                      •  Increasing your market share over your
                         competitors
                      •  Building your brand awareness

                      We look forward to working with you.
Thank You!	


Follow	
  on	
  TwiSer	
                           Email	
  
@digitaljunglecn	
                                 info@digitaljungle.com.cn	
  


Connect	
  on	
  Linkedin	
                        Presenta.ons	
  on	
  SlideShare	
  
www.linkedin.com/company/digital-­‐jungle	
        www.slideshare.net/digitaljungle	
  	
  

Community	
  on	
  Facebook	
                      Website	
  
www.facebook.com/digitaljungle	
                   www.digitaljungle.com.cn	
  

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Developing Social Media as a Sales Channel

  • 1. The  Digital  Marke.ng  Experts   Developing Social Media as  a  Sales  Channel   1
  • 2. Table Of Content •  What is Social Media •  How to leverage Social Media as a Sales Channel •  Develop a Sales Channel with a Strong Framework •  Example (Travel Sector) •  Getting to grips with Measurement •  Recommendations •  Fast Facts- Digital Jungle 2
  • 3. Social Media defined….   Social media combines a wide range of online, word- of-mouth forums including blogs, company sponsored discussion boards and chat rooms, consumer-to- consumer e-mail, consumer product or service ratings websites and forums, Internet discussion boards and forums, and micro-blogs. (Wikipedia)
  • 4. Customer Perspective: Info Overload What The Customer Sees What The Customer Wants Soci al netw ork Easy to find Bl o What organizations need to do g information OTA Plan Meta ner searc h Customers wants a product and not just a number of related component Product research has high transaction costs Information is available piece-meal & proliferation of social media content sources leads to confusion Company needs to help rather than confuse – provide clear paths from research to purchase.`
  • 5. Industry Perspective: A Value Migration Search, Websites Reach   Social Media Commoditized Content Commerce   Reach, content or commerce is no longer sufficient on a stand-alone basis Value has been redefined as “owning” the customer
  • 6. Customer Perspective: Pain Points Customer Costs Customer Benefits (Your value add) Attributes that drive value to the customer (pain points) Availability   Anxiety   User  base   Reliability   Effort   Quality   Components   Time   Transactability   … the size of your user base and what kind of value added components you provide.
  • 7. Developing integrated social solutions Customer Perspective Industry Perspective • Wants products, not •  Content, commerce & components + reach value poor • Transaction costs independently • Information proliferation •  Owning the customer • Planning & commerce relationship facilitation are key Enabling one-stop product discovery, research, sharing, commenting and transaction is key.
  • 8. An example of putting It All Together
  • 12. Messaging Framework More Ways of Communicating. We now have multiple channels for saying things. And many of these tools allow other people to comment, respond, and spread your message. The challenge is choosing the right channel for who you want to reach and what you want to say.
  • 15. Example: Tourism Value China 15
  • 16. Social Media Marketing Process +   Flights   Car  rentals   Tickets   Customized  tours   Impact  of  Informa5on   Event  5ckets   Standard  tours   Commodity Bou5que  hotels   Purchase Cruises   -­‐   Impact  of  Customer  Opinions/Sen5ment   +   Customer purchase patterns in different segments vary in their sensitivity to •  Peer opinions •  Hard facts Commodities are fact sensitive; experiences are opinion sensitive Sharing of opinions impacts experience oriented / less defined products far more
  • 17. Value Chain Impact Assessment Online  Agents  /   Supplier   Operator   Customer   Offline  Agents   •  Reduc.on  in  need/  value  of   •  Biggest  beneficiary   •  Greater  reach/  visibility   •  Comparability   advice   Impact •  Comparability   •  Personalized  marke.ng  /  offers  to   •  Comprehensive,  quick  &   •  Product  design  based   customers  on  your  database   effec.ve  comparison  &   •  Disintermedia.on   on  most  popular  ra.ngs   •  Go  online   planning  enabled   •  Context  relevant   online   distribu.on  /  promo.on   •  Customer  service   –  Leverage  social  media  tools     Opportunities becomes  key   –  Posi.on  yourself  as  an  expert   •  Collabora.on  /  group   buying  made  easier   •  Bundling  for  price   opacity   •  Service  quality  exposed   •  DIYers  can  go  direct  to     •  Info  overload   Risks •  Service  quality  exposed   local  suppliers   •  Further  disintermedia.on  
  • 18. Value Chain Impact Assessment Impact •  Direct channel to communicate with customers •  Customers & critics get an easy platform to discuss organizations. Form cliques •  Additional medium beyond traditional PR & marketing Opportunities Threats • Participate in community •  Corporate indifference to the discussions new Web • Showcase thought leadership •  Negative blog swarms • Bypass traditional PR for speed & •  Being viewed as plastic / customer intimacy unauthentic • Build deep customer relationships • Leverage word of mouth to develop the brand
  • 19. Value Chain Impact Assessment Success Failure Campaigns Crisis Management Do’s Don’ts •  Define objectives •  Be too “salesy” or pushy •  Understand your timeframes •  Be un-authentic •  Identify your measurement criteria •  Expect fast results •  Establish a plan •  Execute and contentiously review
  • 20. Adoption by Tourism Companies Budget Rent A Car Southwest Airlines Accor Hotels •  Campaign: “Up Your •  Campaign: User •  Campaign: “Invite a Budget” submitted video friend” •  Tools used: Blogs, Internet adverts •  Tools used: Micro Videos •  Tools used: Blogs, blogs, Blogs, BBS and •  Spend: < USD 500,000 Internet Videos, SNS •  Results Company Website •  Duration: 5 weeks –  1m unique visitors •  Results –  10m page views –  25k registered emails Examples of companies using social media within travel industry – with impressive results Adoption increasing as with emergence of platforms / standards emerge & references
  • 21. How to Measure Social Media? 21
  • 22. Automated Sentiment Analysis The sales process is impacted differently by online comments & sentiment depending on the types of products and services are being considered. However, it remains a critical metric for marketers managing products, services the company brand. Automatically monitor the sentiment around a product, service or brand.
  • 23. Consumer Review Analysis Consumer review sites hold a significant degree of trust for online netizens. The nature and content of reviews, comments and posts have an effect on the consumer to the extent they will make a sale or not depending on the comments being found online. Identify the opinions and comments posted on consumer review sites
  • 24. Social Media Analytics SIP: Enterprise is a social media analytics platform that monitoring and manages online brand, measuring public awareness, sentiment, influence, and tracing authoritative sources.
  • 25. Summary •  Social Media is already impacting all types of industry players •  Online players will need to figure out their strategy along: –  Re-assessing customer value proposition –  Sharing content and tools: data in and data out (‘co- opetition’) •  Bricks & Mortar players will need to harness social media –  To connect to customers, foster loyalty –  To understand (and even influence) demand –  …and fine tune offering •  There is no single formula. Be prepared to experiment and figure out –  Social media should be a core part of your marketing plan
  • 27. Digital Jungle Fast Facts   •  Socially Led, digital marketing specialists •  Global reach •  Offices in Beijing, Shanghai, Hong Kong, Sydney •  Spun out of SinoTech Group in 2011
  • 28. World Class Digital Marketing Experience   •  Delivering digital strategy and execution services: –  Customer and competitor insight –  Digital strategy –  Social Media Marketing –  Search Engine Marketing –  Affiliate Marketing –  Media Buying –  Mobile Applications •  We work for global and domestic organisations, across various market sectors, helping our clients: –  Engage with their key audiences –  Transform their business –  Maximise growth Marketing
  • 29. Our Commitment   The mission of Digital Jungle is to help our clients improve their business position and gain real value from their digital marketing investments Through our expertise in social media digital marketing programs and the application of search, affiliate and online marketing, we commit to: •  Driving incremental direct revenue Dr Matt McDougall, CEO, Digital Jungle •  Generating ROI unrivaled by traditional media •  Protecting your online reputation •  Increasing your market share over your competitors •  Building your brand awareness We look forward to working with you.
  • 30. Thank You! Follow  on  TwiSer   Email   @digitaljunglecn   info@digitaljungle.com.cn   Connect  on  Linkedin   Presenta.ons  on  SlideShare   www.linkedin.com/company/digital-­‐jungle   www.slideshare.net/digitaljungle     Community  on  Facebook   Website   www.facebook.com/digitaljungle   www.digitaljungle.com.cn