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Social Media: How to do it right
The document discusses effective social media strategies, emphasizing that social media influences consumer behavior and brand perceptions. It outlines the importance of understanding customer activities, setting clear objectives, and selecting appropriate technologies to enhance brand engagement. The information is supported by examples of successful campaigns and metrics for measuring success in social media.
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Social Media: How to do it right
- 1. Social Media: How todo it right Augie Ray @augieray ExperienceTheBlog.com
- 2. The world isfull of bad assumptions Social media doesn’t Social media doesn’t drive purchase drive purchase behavior. behavior. Social media impact Social media impact customers and not customers and not prospects. prospects.
- 3. 16 percent havechanged their views about a political issue after discussing it or reading posts about it on the sites. Source: Pew Internet, Politics on Social Networks, 9/2012 @augieray 3
- 4. Source: Market Force2012 @augieray 4
- 5. Source: M Boothand Beyond, 12.2011 @augieray 5
- 6. Social Media is Influencingthe Attitudes & Purchases @augieray 6
- 7. The world isfull of bad assumptions Social Media is aagood Social Media is good marketing channel. marketing channel. Consumers welcome Consumers welcome brands in social media brands in social media
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- 10. @augieray 10
- 11. 51% of consumersexpect that a “like” will result in marketing communications from brands... But 40% do not believe it should result in marketing communications. Source: Exact Target, Subscribers, Fans & Followers Study, 2011 @augieray 11
- 12. How soon afteryou contact a brand, product or company on social media do you expect a response? Sources: American Express Global Customer Service Barometer 2012, Edison Research @augieray 12
- 13. Brands Are Welcome on Consumers’Terms @augieray 13
- 14. The world isfull of bad assumptions Facebook growth Facebook growth is stalling is stalling Social media is mature. Social media is mature.
- 15. Change in totaltime spent on social media in the U.S. from 2011 to 2012 ▲37% 121 billion minutes = 230,060 years @augieray 15
- 16. @augieray 16
- 17. Media Consumption in18-to-24 year olds 50% decline in web-based email in just the past two years 1 hour and 45 minutes less television in Q2 2012 from year prior 45 minutes more online video viewing in Q2 2012 from year prior
- 18. Social Media is Still Evolving @augieray 18
- 19. How to dosocial media right Source: StockMonkeys.com @augieray 19
- 20. P People Assess your customers’ social activities O Objectives Decide what you want to accomplish S Strategy Plan for how relationships with customers will change T Technology & Tactics Decide which social technologies to use @augieray 20
- 22. P People Assess your customers’ social activities •Where are they sharing? O •What are their behaviors? •What are their expectations of brands in social media? •What regulations must be considered S in relation to your audience? •What is their existing relationship to the brand? T @augieray 22
- 23. Social Technographics Ladder Creators Forrester’s Social Critics Technographics classifies people according to how Collectors they use social technologies. Joiners Spectators Inactives
- 24. Publish a blog Creatorsmake social Creators Publish your own Web pages Upload video you created content go. They write Upload audio/music you created Write articles or stories and post them blogs or upload video, music, or text. Groups include people participating in at least one of the activities monthly. @augieray 24
- 25. Publish a blog Publish your own Web pages Creators Upload video you created Upload audio/music you created Write articles or stories and post them Critics respond to Post ratings/reviews of products/services content from others. Critics Comment on someone else’s blog Contribute to online forums They post reviews, Contribute to/edit articles in a wiki comment on blogs, participate in forums, and edit wiki articles. Groups include people participating in at least one of the activities monthly. @augieray 25
- 26. Publish a blog Publish your own Web pages Creators Upload video you created Upload audio/music you created Write articles or stories and post them Post ratings/reviews of products/services Comment on someone else’s blog Critics Contribute to online forums Contribute to/edit articles in a wiki Use RSS feeds Collectors Add “tags” to Web pages or photos “Vote” for Web sites online Joiners connect in social Maintain profile on a social networking site networks like MySpace Joiners Visit social networking sites and Facebook Groups include people participating in at least one of the activities monthly. @augieray 26
- 27. Publish a blog Publish your own Web pages Creators Upload video you created Upload audio/music you created Write articles or stories and post them Post ratings/reviews of products/services Comment on someone else’s blog Critics Contribute to online forums Contribute to/edit articles in a wiki Use RSS feeds Collectors Add “tags” to Web pages or photos “Vote” for Web sites online Maintain profile on a social networking site Joiners Visit social networking sites Spectators consumer Read blogs social content including Spectators Watch video from other users Listen to podcasts blogs, user-generated Read online forums Read customer ratings/reviews video, podcasts, forums, or reviews Groups include people participating in at least one of the activities monthly. @augieray 27
- 28. Publish a blog Publish your own Web pages Creators Upload video you created Upload audio/music you created Write articles or stories and post them Post ratings/reviews of products/services Comment on someone else’s blog Critics Contribute to online forums Contribute to/edit articles in a wiki Use RSS feeds Collectors Add “tags” to Web pages or photos “Vote” for Web sites online Maintain profile on a social networking site Joiners Visit social networking sites Read blogs Watch video from other users Spectators Listen to podcasts Read online forums Read customer ratings/reviews Inactives neither create nor consumer social Inactives None of the above content of any kind @augieray 28
- 29. Publish a blog Publish your own Web pages Conversationalists Creators Upload video you created Upload audio/music you created update status on a social Write articles or stories and post them networking site or post to Post ratings/reviews of products/services Twitter at least weekly Critics Comment on someone else’s blog Contribute to online forums Contribute to/edit articles in a wiki Use RSS feeds Collectors Add “tags” to Web pages or photos “Vote” for Web sites online Maintain profile on a social networking site Joiners Visit social networking sites Read blogs Watch video from other users Spectators Listen to podcasts Read online forums Read customer ratings/reviews Inactives None of the above @augieray 29
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- 31. Differences in B2Bby Role
- 32. Differences by genderand age http://empowered.forrester.com/tool_consumer.html
- 33. It is Vitalto Understand the Social Behaviors of Your Audience @augieray 33
- 34. P O Objectives Decide what you want to accomplish •What is the problem you wish to solve? •What is benefit you wish to deliver? S •How will you measure success? T @augieray 34
- 35. Start with BusinessObjectives… Learn Ascertain consumer behaviors, needs or opinions about brand or product, Manage reputation Enhance reputation; correct erroneous information; decrease specific negative brand sentiment; build trust; increase positive ratings; monitor for reputation, product and security crises Provide support Decrease call volumes, furnish service in channel of choice, educate Enhance marketing and sales Increase share of voice, create more demand, improve awareness and consideration, sell in social channels, listen for selling opportunities, empower advocates and employees Develop new products and business models Crowdsource to develop and test ideas, new shareable economy concepts, gather and use “big data”
- 36. Objective One: Learn:Doritos Locos Taco Taco Bell used NetBase to analyze social media data Learned 80 to 90% of Taco Bell-related conversations taking place on Twitter Learned most significant driver of negative conversations was limited quantities of product. Plan: Developed marketing plan for “tweet off” with prize being exclusive advance access to product Outcome: Net sentiment for entire brand rose 20%; 200M Dorito Locos Tacos sold, most successful product launch to date
- 37. Objective Two: ManageRep: Total SA Energy giant Total SA monitors social media to manage reputation. In March, it faced a potentially lethal industrial accident: a gas leak in its Elgin gas field. Plan: Monitor for questions and misinformation, responding in real time. Outcome: Estimates are the company decreased by 20% potentially damaging articles or discussions online. CEO praises handling, saying incident was handled 'responsibly and transparently, demonstrating the priority placed on safety and the environment.'"
- 38. Objective Three: ProvideSupport: Skype Skype wanted to cut support costs and enhance self service Plan: Enhance and promote existing support community; offer it in eight languages; launch #SkypeTalks live events with questions streamed communities and Twitter Outcome: First contact resolution at 70% for 10 million users/month; 10% reduction in traditional support costs; Community members are 30% more likely to use long-term subscriptions
- 39. Objective Four: Marketing/Sales:Cisco Cisco’s YouTube channel has 20,000 followers Wanted to leverage videos to increase inbound traffic, leads and sales Plan: Leverage the free annotations available with YouTube Brand channels to link to the next step in the customer journey. Outcome: In the first 60 days, the calls to actions received 3,660 clicks. Cisco now adding clickable calls to action for all of new videos.
- 40. Objective Five: NewProducts: Barclaycard Desired to test how social media might enhance the launch of a new credit card Plan: Launch the world's first community-designed credit card. Barclaycard is transparent about financial performance and engages cardmember community to build a better credit card experience. Outcome: More than 50 crowdsourced customer ideas and suggestions implemented; Barclaycard’s cardmember community has helped drive customer retention up 25% versus typical programs, and decreased customer complaints by 50%.
- 41. Define Metrics BeforeStrategies More Directly Financial Financial: Risk Mitigation: •Sales •Decrease cost of future •Leads reputation crises •Costs saved •Share of wallet •Decreased return rates •Media mix modeling Short Long Term Term Digital: Brand: •Clicks •Awareness •SEO •Consideration •Traffic •Intent •Fans •NPS/Advocacy •Engagements •RTs Less Directly Financial
- 42. Examples of FinancialMetrics In December 2009, Dell announced it had measured through trackable links $6.5m in revenue from its @DellOutlet Twitter handle. Petco.com found that products with reviews have return rates that are 20% lower than those without reviews — and the return rate is 45% lower for products with more than 25 reviews — saving on shipping, restocking, and customer service costs. One financial services firm used Media Mix Optimization to discover social media contributed 1.3% of its insurance, 1.5% of its credit cards and 3.1% of its bank products volume.
- 43. Examples of BrandMetrics Secret implemented “Let Her Jump,” a petition to allow female ski jumping in the Winter Olympics. The brand used a combination of online surveys of Facebook users and Nielsen Brand Lift surveys to discover that the belief that Secret deodorant works better than other deodorants increased 8 points and purchase intent jumped 11%. Bank of America used its private online community of high school students, the Student Pulse, to learn about high school students' relationship with their finances. Insights garnered from community helped BAC to increase unaided brand awareness 30%, brand favorability 40% and brand consideration 13%.
- 44. The Risk MitigationCalculation
- 45. Examples of DigitalMetrics Dell’s Trade Secrets campaign launched to support Vostro V180 laptop sales to SMB market. Identified a list of 150+ influencers in the US and UK and distributed laptops, asking for feedback and recommendation through Twitter chats, giveaways and offline events. Exceeded goals for Facebook posts by 547%; tweets by 8235%; blog posts by 113%, and total digital impressions by 250%. To build awareness of its telecommunications offerings for brand and enterprise IT, CenturyLink identified blogs and communities where tech decision makers participate and launched participation. Increased brand impressions by 50% and clickthroughs from social channels by 60% in one quarter.
- 46. Look! A FanSurge! 170,000 Bank Transfer Day 160,000 150,000 140,000 11/19 130,000 159,577 120,000 110,000 100,000 10/22 90,000 66,353 80,000 70,000 10/20 10/23 10/26 10/29 11/1 11/4 11/7 11/10 11/13 11/16 11/19
- 47. +$ Advoc at e Loyal custom Active er shopp Blogg er er/Jou rnalist Occas ional C ustom Prosp er High Value Fans ect High Value Fans Emplo y ee Vendo r Freeb ie see ker Swee pstake r Conte st Hou nd Comp etitor Disgru ntled c ustom Detrac t or er Activis t Low Value Fans Low Value Fans All Fans are Not Created Equal -$
- 48. Sources are NotCreated Equal er er ustom ustom rnalist er ker nd er ntled c ional C custom r shopp st Hou pstake ie see er/Jou etitor y ee t or ect at e t Detrac r Disgru Activis Emplo Comp Vendo Prosp Occas Active Conte Freeb Advoc Swee Blogg Loyal Earn Earn Pay Pay Earn Earn • Product & Service Experience • Product & Service Experience • What you stand for • What you stand for • How you conduct business • How you conduct business
- 49. Look! Lots ofEngagement! Total Insurance Conversation Percentage of Social Media Volume by Brand Conversations by Topic
- 50. Progressive’s Fan “Success”? 4,501,045 likes 52,530 talking about this
- 51. Progressive’s Fan “Success”? 4,501,045 likes 52,530 talking about this
- 52. Where’s the affinityfor brand?
- 53. b = Success Successis more than mere o r ct e ve dg d re an fo Br or ct fa Engagement y r ca g e to de ed ea cr * e i s e m th g Ti or ed tf & e gh er ∑UWD ei us W n ee e tw be ity fin e Af n ity ffi fA FansA * o er w po e th to ns Fa
- 54. Fans and Engagement are notBusiness Metrics @augieray 54
- 55. P Strategy Plan for how relationships with O customers will change: •How will you alter perception and behavior? S •How will you acquire resources & skills needed? •Where in organization will responsibilities fall? T •What are the risks and how will they be mitigated? @augieray 55
- 56. P Technology Decide which social technologies to use O •What technology will be used? •Homegrown or procured? •SAAS or on premise? S Tactics Define tactics •Standard Operating Procedures T •Escalation rules •Moderation standards •Content approval processes @augieray 56
- 57. Thank You Augie Ray @augieray http://ExperieceTheBlog.com
Editor's Notes
- #7 So obviously this must be fertile territory for brands, right!
- #9 Only one form of corporate advertising is trusted more than it is distrusted—your web site. Even the emails people sign up for are equally trusted and distrusted.
- #10 People trust information from people they know. Three of top four trusted channels are peer-to-peer. Interestingly, so are the bottom five . This demonstrates the importance of getting people talking to the people they know—friends, peers, & family. Doesn’t mean you toss out channels at bottom, but they’re better for awareness than consideration.
- #11 We’re as appealing as textbooks.
- #14 One of the keys that so many brands miss is that the key is to get people talking to people, not simply use social media to broadcast messages to people.
- #16 Where is this growth coming from if not from PC visitors?
- #17 Smartphone adoption more than doubled in just two years, and as mobile adoption grows, so does social media usage.
- #18 In Q2, 18-24-year-olds may have watched less TV on a weekly basis, but they still watched about 22 and a half hours. How much time did they spend watching video on the internet or on a mobile phone, combined? About 1 hour and 45 minutes. Still, there’s no avoiding the rise of online viewing. That 1 hour and 45 minutes represents significant relative growth from about 1 hour a year earlier.
- #22 This is interesting, but it is not enough. We must dig deeper into our own audience.
- #34 One of the keys that so many brands miss is that the key is to get people talking to people, not simply use social media to broadcast messages to people.
- #49 Earn (left): Product & service experience; brand; your mission; what you stand for; how you conduct business Improve the experience, engage, accelerate, create awareness and WOM, build programs Earn (right): Product & service experience; design; brand; your mission; what you stand for Improve the experience, engage, accelerate, create awareness and WOM, build programs
- #50 JD Power Study Brand #2 has many times more conversations about using, choosing and recommending. Brand #2 and #3 have almost identical engagement, yet Brand #2 has twice as much discussion about not using, dropping and not wanting.
- #51 Comedian Matt Fisher
- #52 Comedian Matt Fisher
- #53 Comedian Matt Fisher
- #54 Comedian Matt Fisher
- #55 One of the keys that so many brands miss is that the key is to get people talking to people, not simply use social media to broadcast messages to people.