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FRANCHISE SOCIAL MEDIA WEBINAR
Paul Segreto
President & CEO
franchisEssentials
www.FMDpro.com
paulsegreto@FMDpro.com
832.838.4822




                         FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA - BEST PRACTICES FOR
   BRAND AWARENESS, LEAD GENERATION
     & SYSTEM-WIDE COMMUNICATIONS




                          FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA LANDSCAPE




              FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA LANDSCAPE




              FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA IN
TYPICAL BUSINESS ENVIRONMENTS




                  FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA IN FRANCHISING




                 FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
* What are the objectives for using social media within our franchise
system?
* Has a comprehensive social media strategy been developed
consistent with our goals?
* Are our social media efforts integrated with our overall marketing
strategy?
* Are our social media efforts specifically targeted for optimum
effectiveness?
* Are we effective in our social media efforts?
* What are our bottom line results?




                                           FRANCHISE SOCIAL MEDIA WEBINAR
GETTING STARTED - SOCIAL MEDIA E-IDEA
  •   Explore
  •   Identify
  •   Develop
  •   Execute
  •   Analyze



                      FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA E-IDEA
1. Exploring different aspects of Social Media, including Social Networking
    and key Web 2.0 technology that creates excitement and brand
    awareness within your industry segment.
2. Identifying primary and secondary targets – Who will be targeted to
    purchase and/or visit your franchise locations? How deep do the target
    groups go and are there collateral groups that can be tapped?
3. Developing a Strategy and Plan of Action – Customized to specific targets in
    accordance with franchise development goals and objectives?
4. Executing the Plan – Putting the plan in motion including monitoring,
    managing the process including new content and updates. Keep it fresh!
5. Analyzing & Quantifying the Results – Is it working? Do you continue
    straight ahead or repeat the process from the beginning? What are actual
    results in franchise sales and system revenue?




                                                FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA POLICY – DO YOU NEED ONE?
  Whether we like it or not, social media is here to stay and
  it will continue to grow and change. Social media is a
  vehicle for grassroots marketing requiring a relative
  investment to implement and manage yet having the
  potential for far reaching results. As a franchisor, you need
  to create and implement Social Media Policies that can
  guide your and your franchisees’ participation in these
  marketing vehicles.




                                       FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA POLICY ARTICLES
 http://blog.wsidigitalmarketing.com/index.php/social-media/do-we-need-a-
     social-media-policy/


 http://www.allbusiness.com/company-activities-management/company-
     structures/14292073-1.html


 http://www.franchise.org/Franchise-Industry-News-Detail.aspx?id=50532


 http://www.expansionexperts.com/blog/tag/social-media/




                                             FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISOR HANDLES ALL SOCIAL MEDIA
              PROS                          CONS
•Total control over what is said   •Takes time and effort
•Consistency of message            •It will require part-time and
•Control over frequency            eventually full-time position
•Better ability to track results   •Required coordination with
                                   franchisees for local flavor
•Save franchisees time and
effort
                                   •Franchisees unable to respond
                                   to customers in timely manner




                                        FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISEE HANDLES ALL SOCIAL MEDIA
             PROS                           CONS
•Provides great vehicle for       •Franchisor loses total control of
personal interaction and          what is being said
relationship building at local    •May lead to lack of consistency of
level                             message
•Franchisees able to respond to   •Franchisees may not actually
customers in timely manner        participate frequent enough to
                                  produce results
•Franchisees can measure          •Franchisor will have to monitor
results directly                  franchisee participation to ensure
                                  compliance with policy




                                        FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISOR / FRANCHISEE COLLABORATION
              PROS                               CONS
•Allows some personal interaction     •Requires great deal of coordination
and relationship building at local    between franchisor and franchisees
level while still providing greater   to ensure optimum results
level of control by franchisor
•It may lessen time spent by both
parties as duties are shared
•Franchisees able to interact with
customers at local level in timely
fashion




                                             FRANCHISE SOCIAL MEDIA WEBINAR
WHAT IF FRANCHISES GOT THERE FIRST?




                     FRANCHISE SOCIAL MEDIA WEBINAR
WHAT IF FRANCHISES GOT THERE FIRST?




                     FRANCHISE SOCIAL MEDIA WEBINAR
ONLINE BRAND MANAGEMENT
Google profiles
Google alerts
  Brand
  Keywords
  Per targets
  Geo-specific
Online brand audits
Blogging Community




                       FRANCHISE SOCIAL MEDIA WEBINAR
TODAY’S CONSUMER & FRANCHISE CANDIDATE


More educated          More diligent
More sophisticated     More cautious
More technologically   More anxious
advanced



                                     …than ever before




                            FRANCHISE SOCIAL MEDIA WEBINAR
DOES THAT MEAN TRADITIONAL
MARKETING SHOULD NOT BE
UTILIZED?

DOES THAT MEAN THE FRANCHISE
SALES PROCESS SHOULD CHANGE?




                  FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
INTEGRATED FRANCHISE MARKETING




                  FRANCHISE SOCIAL MEDIA WEBINAR
WHAT ARE THE POTENTIAL BENEFITS OF
      INTEGRATED FRANCHISE MARKETING?
  AT F R A N C H I S E E L E V E L      AT F R A N C H I S O R L E V E L

Local brand awareness                Regional & National brand
                                     awareness
Increased sales
                                     Increased royalty revenue
Improved communications
with franchisor                      Improved communications with
                                     franchisees
Improved communications              Improved franchisee validation
with fellow franchisees
                                     Increased interest in franchise
Improved profitability               concept
Increased business value             Improved profitability




                                          FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
INTEGRATING SOCIAL MEDIA
          WITH TRADITIONAL MARKETING
  SOCIAL MEDIA           TRADITIONAL
Facebook               Tradeshows
LinkedIn               Print Advertising
Twitter                Direct Mail
You Tube               Email Marketing
Online PR              Portals




                           FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
INTEGRATING SOCIAL MEDIA
          WITH TRADITIONAL MARKETING
  SOCIAL MEDIA           TRADITIONAL
Facebook               Tradeshows
LinkedIn               Print Advertising
Twitter                Direct Mail
You Tube               Email Marketing
Online PR              Portals




                           FRANCHISE SOCIAL MEDIA WEBINAR
RELEVANT, PERTINENT & INFORMATIVE

Myth – Social Media is all about the conversation


Reality – Social Media is all about who is listening!




                                     FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
INTEGRATING SOCIAL MEDIA
          WITH TRADITIONAL MARKETING
  SOCIAL MEDIA           TRADITIONAL
Facebook               Tradeshows
LinkedIn               Print Advertising
Twitter                Direct Mail
You Tube               Email Marketing
Online PR              Portals




                           FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SALES REQUIRES A SEAMLESS TRANSITION!
   Sales representatives must be aware of all online marketing
      messages
   Sales representatives must be aware of all discussions
      regarding the brand
   Sales representatives must be aware sales process may not be
      A to Z
   Sales representatives must be aware franchise compliance still
      prevails
   Sales representatives must be aware people still buy from
      people




                                         FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SALES REQUIRES A SEAMLESS TRANSITION!
   Sales representatives must be aware of all online marketing
      messages
   Sales representatives must be aware of all discussions
      regarding the brand
   Sales representatives must be aware sales process may not be
      A to Z
   Sales representatives must be aware franchise compliance still
      prevails
   Sales representatives must be aware people still buy from
      people
                                THIS APPLIES TO BROKERS, TOO!




                                         FRANCHISE SOCIAL MEDIA WEBINAR
TWO DISTINCT OBJECTIVES
For local brand awareness and driving business to
  franchise units
For regional and national brand awareness and
  generating interest in franchise concept


                 Requires different strategies and plans.
                 However, they may feed off each other!




                                  FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
ADDITIONAL BENEFIT

Improving communications and information
  sharing at all levels of the franchise system




                             FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA TRENDS FOR 2011 & BEYOND
Group buying
Question and answer sites
Mobile
Facebook credits
Branded content
Twitter monetizing
Google will keep… failing




                            FRANCHISE SOCIAL MEDIA WEBINAR
OF COURSE, THERE’S SO MUCH MORE TO DISCUSS
Customer review sites
Mobile marketing
Blogs
Webinars
Email marketing
Location-based social media
Social media dashboards
Virtual events
Local business listings management




                                     FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
SOCIAL MEDIA RESOURCES




              FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
FRANCHISE SOCIAL MEDIA WEBINAR
Paul Segreto
President & CEO
franchisEssentials
www.FMDpro.com
paulsegreto@FMDpro.com
832.838.4822




                         FRANCHISE SOCIAL MEDIA WEBINAR

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Franchise Social Media - Webinar Presentation

  • 2. Paul Segreto President & CEO franchisEssentials www.FMDpro.com paulsegreto@FMDpro.com 832.838.4822 FRANCHISE SOCIAL MEDIA WEBINAR
  • 3. FRANCHISE SOCIAL MEDIA - BEST PRACTICES FOR BRAND AWARENESS, LEAD GENERATION & SYSTEM-WIDE COMMUNICATIONS FRANCHISE SOCIAL MEDIA WEBINAR
  • 5. SOCIAL MEDIA LANDSCAPE FRANCHISE SOCIAL MEDIA WEBINAR
  • 8. SOCIAL MEDIA LANDSCAPE FRANCHISE SOCIAL MEDIA WEBINAR
  • 9. SOCIAL MEDIA IN TYPICAL BUSINESS ENVIRONMENTS FRANCHISE SOCIAL MEDIA WEBINAR
  • 11. SOCIAL MEDIA IN FRANCHISING FRANCHISE SOCIAL MEDIA WEBINAR
  • 13. * What are the objectives for using social media within our franchise system? * Has a comprehensive social media strategy been developed consistent with our goals? * Are our social media efforts integrated with our overall marketing strategy? * Are our social media efforts specifically targeted for optimum effectiveness? * Are we effective in our social media efforts? * What are our bottom line results? FRANCHISE SOCIAL MEDIA WEBINAR
  • 14. GETTING STARTED - SOCIAL MEDIA E-IDEA • Explore • Identify • Develop • Execute • Analyze FRANCHISE SOCIAL MEDIA WEBINAR
  • 16. SOCIAL MEDIA E-IDEA 1. Exploring different aspects of Social Media, including Social Networking and key Web 2.0 technology that creates excitement and brand awareness within your industry segment. 2. Identifying primary and secondary targets – Who will be targeted to purchase and/or visit your franchise locations? How deep do the target groups go and are there collateral groups that can be tapped? 3. Developing a Strategy and Plan of Action – Customized to specific targets in accordance with franchise development goals and objectives? 4. Executing the Plan – Putting the plan in motion including monitoring, managing the process including new content and updates. Keep it fresh! 5. Analyzing & Quantifying the Results – Is it working? Do you continue straight ahead or repeat the process from the beginning? What are actual results in franchise sales and system revenue? FRANCHISE SOCIAL MEDIA WEBINAR
  • 17. SOCIAL MEDIA POLICY – DO YOU NEED ONE? Whether we like it or not, social media is here to stay and it will continue to grow and change. Social media is a vehicle for grassroots marketing requiring a relative investment to implement and manage yet having the potential for far reaching results. As a franchisor, you need to create and implement Social Media Policies that can guide your and your franchisees’ participation in these marketing vehicles. FRANCHISE SOCIAL MEDIA WEBINAR
  • 18. FRANCHISE SOCIAL MEDIA POLICY ARTICLES http://blog.wsidigitalmarketing.com/index.php/social-media/do-we-need-a- social-media-policy/ http://www.allbusiness.com/company-activities-management/company- structures/14292073-1.html http://www.franchise.org/Franchise-Industry-News-Detail.aspx?id=50532 http://www.expansionexperts.com/blog/tag/social-media/ FRANCHISE SOCIAL MEDIA WEBINAR
  • 19. FRANCHISOR HANDLES ALL SOCIAL MEDIA PROS CONS •Total control over what is said •Takes time and effort •Consistency of message •It will require part-time and •Control over frequency eventually full-time position •Better ability to track results •Required coordination with franchisees for local flavor •Save franchisees time and effort •Franchisees unable to respond to customers in timely manner FRANCHISE SOCIAL MEDIA WEBINAR
  • 20. FRANCHISEE HANDLES ALL SOCIAL MEDIA PROS CONS •Provides great vehicle for •Franchisor loses total control of personal interaction and what is being said relationship building at local •May lead to lack of consistency of level message •Franchisees able to respond to •Franchisees may not actually customers in timely manner participate frequent enough to produce results •Franchisees can measure •Franchisor will have to monitor results directly franchisee participation to ensure compliance with policy FRANCHISE SOCIAL MEDIA WEBINAR
  • 21. FRANCHISOR / FRANCHISEE COLLABORATION PROS CONS •Allows some personal interaction •Requires great deal of coordination and relationship building at local between franchisor and franchisees level while still providing greater to ensure optimum results level of control by franchisor •It may lessen time spent by both parties as duties are shared •Franchisees able to interact with customers at local level in timely fashion FRANCHISE SOCIAL MEDIA WEBINAR
  • 22. WHAT IF FRANCHISES GOT THERE FIRST? FRANCHISE SOCIAL MEDIA WEBINAR
  • 23. WHAT IF FRANCHISES GOT THERE FIRST? FRANCHISE SOCIAL MEDIA WEBINAR
  • 24. ONLINE BRAND MANAGEMENT Google profiles Google alerts Brand Keywords Per targets Geo-specific Online brand audits Blogging Community FRANCHISE SOCIAL MEDIA WEBINAR
  • 25. TODAY’S CONSUMER & FRANCHISE CANDIDATE More educated More diligent More sophisticated More cautious More technologically More anxious advanced …than ever before FRANCHISE SOCIAL MEDIA WEBINAR
  • 26. DOES THAT MEAN TRADITIONAL MARKETING SHOULD NOT BE UTILIZED? DOES THAT MEAN THE FRANCHISE SALES PROCESS SHOULD CHANGE? FRANCHISE SOCIAL MEDIA WEBINAR
  • 28. INTEGRATED FRANCHISE MARKETING FRANCHISE SOCIAL MEDIA WEBINAR
  • 29. WHAT ARE THE POTENTIAL BENEFITS OF INTEGRATED FRANCHISE MARKETING? AT F R A N C H I S E E L E V E L AT F R A N C H I S O R L E V E L Local brand awareness Regional & National brand awareness Increased sales Increased royalty revenue Improved communications with franchisor Improved communications with franchisees Improved communications Improved franchisee validation with fellow franchisees Increased interest in franchise Improved profitability concept Increased business value Improved profitability FRANCHISE SOCIAL MEDIA WEBINAR
  • 31. INTEGRATING SOCIAL MEDIA WITH TRADITIONAL MARKETING SOCIAL MEDIA TRADITIONAL Facebook Tradeshows LinkedIn Print Advertising Twitter Direct Mail You Tube Email Marketing Online PR Portals FRANCHISE SOCIAL MEDIA WEBINAR
  • 37. INTEGRATING SOCIAL MEDIA WITH TRADITIONAL MARKETING SOCIAL MEDIA TRADITIONAL Facebook Tradeshows LinkedIn Print Advertising Twitter Direct Mail You Tube Email Marketing Online PR Portals FRANCHISE SOCIAL MEDIA WEBINAR
  • 38. RELEVANT, PERTINENT & INFORMATIVE Myth – Social Media is all about the conversation Reality – Social Media is all about who is listening! FRANCHISE SOCIAL MEDIA WEBINAR
  • 43. INTEGRATING SOCIAL MEDIA WITH TRADITIONAL MARKETING SOCIAL MEDIA TRADITIONAL Facebook Tradeshows LinkedIn Print Advertising Twitter Direct Mail You Tube Email Marketing Online PR Portals FRANCHISE SOCIAL MEDIA WEBINAR
  • 47. FRANCHISE SALES REQUIRES A SEAMLESS TRANSITION! Sales representatives must be aware of all online marketing messages Sales representatives must be aware of all discussions regarding the brand Sales representatives must be aware sales process may not be A to Z Sales representatives must be aware franchise compliance still prevails Sales representatives must be aware people still buy from people FRANCHISE SOCIAL MEDIA WEBINAR
  • 48. FRANCHISE SALES REQUIRES A SEAMLESS TRANSITION! Sales representatives must be aware of all online marketing messages Sales representatives must be aware of all discussions regarding the brand Sales representatives must be aware sales process may not be A to Z Sales representatives must be aware franchise compliance still prevails Sales representatives must be aware people still buy from people THIS APPLIES TO BROKERS, TOO! FRANCHISE SOCIAL MEDIA WEBINAR
  • 49. TWO DISTINCT OBJECTIVES For local brand awareness and driving business to franchise units For regional and national brand awareness and generating interest in franchise concept Requires different strategies and plans. However, they may feed off each other! FRANCHISE SOCIAL MEDIA WEBINAR
  • 51. ADDITIONAL BENEFIT Improving communications and information sharing at all levels of the franchise system FRANCHISE SOCIAL MEDIA WEBINAR
  • 54. SOCIAL MEDIA TRENDS FOR 2011 & BEYOND Group buying Question and answer sites Mobile Facebook credits Branded content Twitter monetizing Google will keep… failing FRANCHISE SOCIAL MEDIA WEBINAR
  • 55. OF COURSE, THERE’S SO MUCH MORE TO DISCUSS Customer review sites Mobile marketing Blogs Webinars Email marketing Location-based social media Social media dashboards Virtual events Local business listings management FRANCHISE SOCIAL MEDIA WEBINAR
  • 57. SOCIAL MEDIA RESOURCES FRANCHISE SOCIAL MEDIA WEBINAR
  • 60. Paul Segreto President & CEO franchisEssentials www.FMDpro.com paulsegreto@FMDpro.com 832.838.4822 FRANCHISE SOCIAL MEDIA WEBINAR