Social Media, Online Advertising and Web Analytics Indian School of Business  Term 8 #isbsm amitklein [email_address]
Who am I? [email_address]
How will this course be taught? Methodology: Interactive  During class: Group discussions, Use Twitter (#isbsm): share moments you liked/didn’t, ask questions, give feedback Between classes: Share articles with your peers, engage in conversations with people in the industry, Ask questions, Retweet, Provide feedback on sessions and what you want to discuss Guest Speakers Videos Group Project
Schedule 2/27 (Sat) 5-7pm: Intro to Social Media 2/28 (Sun) 9-11am: Social Media for B2B 3/5 (Fri) 5-7pm: Intro to Paid Online Advertising Project Proposals Due 3/6 (Sat) 8-10am: Intro to Web Analytics Project  Kickoff 3/19 (Fri) 5-7pm: TBD 3/20 (Sat) 9-11am: Project Presentations Plus a couple mini-modules
Mini Modules Short (20 min) topics: Creating an investor pitch*  Copywriting for the web* Monetization strategies for the web Building successful web products  Social CRM Developing Insights from Analytics The future of Facebook and Twitter
Introduction to Social Media
Group Discussion: Is 2010 the year that Social Media goes mainstream in India?
 
Agenda What is social media? Why engage in social media? 12 Tips for Social Media Success Indian social media usage Recap of key lessons Group project intro
What is Social Media?
“ Social Media is a  conversation  supported by online tools” ~ Kelsey Ruger
 
Why engage in Social Media?
“ Businesses will increasingly use social media to get closer with customers… It is getting   too expensive and inconvenient to meet face-to-face  in the real world, there will be more efforts to  bring the conversation … to virtual communities .” - Shel Israel
Why engage in Social Media? Use social media to: Improve  Reputation / Authority Increase  Brand Awareness / Reach Building  Relationships / Engagement While achieving business objectives: Sales Advertising PR Customer Service Market Research HR Communication / Collaboration Other: Breaking News Personal Branding Social Activism
Marketing Funnel
Why engage in social media? The overwhelming majority of consumers who engage with a brand online move from passive “receivers” to advocates: 97% increased brand awareness 98% show increased consideration 97% are more likely to purchase a product* *All stats in this deck from feed.razorfish.com
12 Tips for Social Media Success
 
ProTip #1 Make it easy to participate Make it easy to share Provide benefits to the participants
 
ProTip #2 Don’t just inform and sell, entertain
Will it Blend? Not just for large companies This vid: 7.2mil views  All vids: 83mil views Sales up 5x Now selling merchandise
Facebook Fan Pages – Alicia Keys
“ Researchers found that those who  downloaded ‘free’  music – whether from lawful or seedy sources – were also  10 times more likely to pay  for music.  This would make music pirates the industry’s largest audience for digital sales” - The Guardian
ProTip #3 Incentivize and reward fans with special access, deals and entertaining content 26% of consumers of followed a brand on Twitter 44% of consumers who follow a brand, do so for deals 40% of consumers “friended” a brand on Facebook 37% of consumers who “friended” a brand on Facebook do so for deals 23% follow a brand on Twitter for “interesting or engaging” content
Victoria Secret Fan Page Blending content and advertising
@DellOutlet Dell has generated $6.5 mil over 2 years
ProTip #4 Use coupons/promo codes to track discounts across channels
Nike Plus Nike as sold 1.8 million Nike+ devices
Nike Plus
Nike Plus Nike Plus community website: tracks each run, pace, distance comparison with other runs, runners offline running communities Competitions – Human Race 10k Run (1mil people) Blogging Network Flickr (4,000+ photos for Human Race) Youtube (1,000+ videos for Nike Plus)
ProTip #5 You don’t always have to sell… help people, add value, build trust.
Value Creation
SitOrSquat - Charmin Identify restrooms (availability, cleanliness, handicapped accessible) Adding real utility to users Totally on brand
ProTip #6 Make sure your social media presence embodies your brand’s personality (on-brand)
Vodafone ZooZoos
Vodafone ZooZoos
Vodafone ZooZoos
Vodafone ZooZoos Funny, silly, entertaining – on brand
ProTip #7 Identify, empower and reward your evangilists
Facebook Fan Pages – Coke Coke Fan page was started by two regular users In seven months grew to 3.3 million fans Facebook changed rules and didn’t allow users to create branded pages Coke teamed up with the creators of the page, flew them to HQ, gave them a tour, brought them into meetings, brainstormed ideas, made them part of the company, let them be real evangelists
Facebook Fan Pages – Coke
Pizza Hut - iPhone App 3 Months - $1m in sales Order Pizzas, Play Games, 20% discount
ProTip #8 Utility + discounts + entertainment = success
Pizza Hut – Facebook App
ProTip #9 Give users multiple platform options to access your content/services and interact with your brand
Facebook Fan Pages – 1-800-Flowers
CoffeeGroundz
ProTip #10 Be human: use your real photo, name, title, personality
@comcastcares
ProTip #11 Let your customers build your products
Dell Ideastorm
Vitaminwater Facebook Connect Crowdsourced the flavor, name, design of new product Huge amount of participation from fans Makes people feel like they are helping create and shape the brand (which they are!)
Threadless
ProTip #12 Be creative – do something unexpected
 
Whopper Sacrifice 233,906 friends were removed by 82,771 people in less then a week Total cost of building app: < $50,000 32mil media impressions: > $400,000
When Social Media Goes Wrong
 
#chetanblocks Chetan Bhagat author of Five Point Someone, One Night at the Call Center, Three Mistakes of My Life, Two States is one of the most followed Indians on Twitter
#chetanblocks Saad Akhtar author of webcomic flyyoufools.com responded and was blocked by Chetan
#chetanblocks Firestorm ensued: 342,000 tweets with #chetanblocks in 2 days What’s the difference between a Chetan Bhagat book and a leech?  The leech eventually stops sucking #chetanblocks
#chetanblocks
#chetanblocks
#chetanblocks What’s the point? Everything you say is public, think before you tweet Don’t launch into flame wars with fans  Things bubble up very quickly Power of the masses (for good or bad)
 
Facebook
Facebook Reach - Builds off Facebooks 400m users (200m active daily) Distribution / Virality - Actions are published directly to news feed  Methods: Fan Pages, Apps, Connect
Facebook Apps
Facebook Connect Allows you to create a Facebook Application outside of Facebook Single sign on (no need to register for the site) Use your photo Publish content to your activity stream Invite people from Facebook to participate in activity Send email from Facebook on your behalf
CNN - Facebook Connect  During Obama Inauguration CNN allowed users to chat using Facebook Connect 600,000 status updates posted during event 4,000 status updates per minute Millions of logins
Times Now – Twitter/FB
Twitter
“ There’s a new tool that can help companies predict sales for the coming weeks, or decide whether to increase inventories or put items on sale in certain stores. …  it’s called Twitter” - MIT Sloan
How to leverage Twitter Setup keyword searches for you and your competitors Engage people / participate in conversations / build trust Gather feedback about your products / services Share links / info Don’t just talk about yourself! - Retweet others  Try coupons / promotions - measurable Take orders Contests People are finding new uses all the time…
Group Discussion:  Is a Corporate Website Necessary Anymore?
Recap
Key Point FB and Twitter are just tools, they might disappear but the concepts will remain
ProTips Make it easy to participate and share / provide benefits for participation Don’t just inform and sell, entertain Incentivize and reward fans with special access, deals, and entertaining content Use promo codes / coupons to track discounts across channels You don’t always have to sell… help people, add value, build trust Make sure your social media presence embodies your brand’s personality (on brand)
ProTips Identify, empower and reward your evangelists  Utility + discounts + entertainment = success Give users multiple platform options to access your content / services and engage with your brand Be human, use your real name, photo, bio, title.  Let your customers help build your products Be creative, do something unexpected
Does this stuff work in India?
India SM usage Internet penetration around 4.2% (47mil users)* India 9 th  most Twitterers (1.7% of total users) A medium like any other (tv, radio, mobile) – can’t be ignored Depends on your target audience (urban, disposable income, younger) Perception is still about traffic rather then quality/leads**
India SM usage Conclusions: Awareness is starting Indian brands still experimenting Very few successes Once there are a few runaway successes more and more brands will jump on the bandwagon Still in infancy, cannot be ignored.
Group Project
Group Project Form teams of 4-5 people Partner with a local NGO and create a strategy to generate awareness / solicit donations for a cause There will be an Adwords component as well TBD Deliverables: Project Proposal (March 5 th ) how will you use social media how you will measure success (I can help here) Presentation (March 20 th ) 10 min What you did how you measured up to your criteria for success what troubles you encountered  lessons you learned  use any medium you’d like (ppt, doc, vid)
Group Project Takes a long time to build communities – think small, but be innovative.  Idea Suggestions: Adopt a grandparent (FB) Ask users to post / share stories about their grandparents 100 new fans  Photo contest for underprivileged children Give cameras to kids and post their photos Have NGO sell best ones for donations Create an offline event (clothes drive, book drive) – use social media only to get participation
For Next Class Twitter Make three #isbsm related post a day (share a link, write at someone, retweet) Group Project: Pick your group Find an NGO Come up with a campaign How you will execute  Metrics you will use to define success
Socialnomics - ROI
Questions?

ISBSM #1 - 12 Tips for Social Media Success

  • 1.
    Social Media, OnlineAdvertising and Web Analytics Indian School of Business Term 8 #isbsm amitklein [email_address]
  • 2.
    Who am I?[email_address]
  • 3.
    How will thiscourse be taught? Methodology: Interactive During class: Group discussions, Use Twitter (#isbsm): share moments you liked/didn’t, ask questions, give feedback Between classes: Share articles with your peers, engage in conversations with people in the industry, Ask questions, Retweet, Provide feedback on sessions and what you want to discuss Guest Speakers Videos Group Project
  • 4.
    Schedule 2/27 (Sat)5-7pm: Intro to Social Media 2/28 (Sun) 9-11am: Social Media for B2B 3/5 (Fri) 5-7pm: Intro to Paid Online Advertising Project Proposals Due 3/6 (Sat) 8-10am: Intro to Web Analytics Project Kickoff 3/19 (Fri) 5-7pm: TBD 3/20 (Sat) 9-11am: Project Presentations Plus a couple mini-modules
  • 5.
    Mini Modules Short(20 min) topics: Creating an investor pitch* Copywriting for the web* Monetization strategies for the web Building successful web products Social CRM Developing Insights from Analytics The future of Facebook and Twitter
  • 6.
  • 7.
    Group Discussion: Is2010 the year that Social Media goes mainstream in India?
  • 8.
  • 9.
    Agenda What issocial media? Why engage in social media? 12 Tips for Social Media Success Indian social media usage Recap of key lessons Group project intro
  • 10.
  • 11.
    “ Social Mediais a conversation supported by online tools” ~ Kelsey Ruger
  • 12.
  • 13.
    Why engage inSocial Media?
  • 14.
    “ Businesses willincreasingly use social media to get closer with customers… It is getting too expensive and inconvenient to meet face-to-face in the real world, there will be more efforts to bring the conversation … to virtual communities .” - Shel Israel
  • 15.
    Why engage inSocial Media? Use social media to: Improve Reputation / Authority Increase Brand Awareness / Reach Building Relationships / Engagement While achieving business objectives: Sales Advertising PR Customer Service Market Research HR Communication / Collaboration Other: Breaking News Personal Branding Social Activism
  • 16.
  • 17.
    Why engage insocial media? The overwhelming majority of consumers who engage with a brand online move from passive “receivers” to advocates: 97% increased brand awareness 98% show increased consideration 97% are more likely to purchase a product* *All stats in this deck from feed.razorfish.com
  • 18.
    12 Tips forSocial Media Success
  • 19.
  • 20.
    ProTip #1 Makeit easy to participate Make it easy to share Provide benefits to the participants
  • 21.
  • 22.
    ProTip #2 Don’tjust inform and sell, entertain
  • 23.
    Will it Blend?Not just for large companies This vid: 7.2mil views All vids: 83mil views Sales up 5x Now selling merchandise
  • 24.
    Facebook Fan Pages– Alicia Keys
  • 25.
    “ Researchers foundthat those who downloaded ‘free’ music – whether from lawful or seedy sources – were also 10 times more likely to pay for music. This would make music pirates the industry’s largest audience for digital sales” - The Guardian
  • 26.
    ProTip #3 Incentivizeand reward fans with special access, deals and entertaining content 26% of consumers of followed a brand on Twitter 44% of consumers who follow a brand, do so for deals 40% of consumers “friended” a brand on Facebook 37% of consumers who “friended” a brand on Facebook do so for deals 23% follow a brand on Twitter for “interesting or engaging” content
  • 27.
    Victoria Secret FanPage Blending content and advertising
  • 28.
    @DellOutlet Dell hasgenerated $6.5 mil over 2 years
  • 29.
    ProTip #4 Usecoupons/promo codes to track discounts across channels
  • 30.
    Nike Plus Nikeas sold 1.8 million Nike+ devices
  • 31.
  • 32.
    Nike Plus NikePlus community website: tracks each run, pace, distance comparison with other runs, runners offline running communities Competitions – Human Race 10k Run (1mil people) Blogging Network Flickr (4,000+ photos for Human Race) Youtube (1,000+ videos for Nike Plus)
  • 33.
    ProTip #5 Youdon’t always have to sell… help people, add value, build trust.
  • 34.
  • 35.
    SitOrSquat - CharminIdentify restrooms (availability, cleanliness, handicapped accessible) Adding real utility to users Totally on brand
  • 36.
    ProTip #6 Makesure your social media presence embodies your brand’s personality (on-brand)
  • 37.
  • 38.
  • 39.
  • 40.
    Vodafone ZooZoos Funny,silly, entertaining – on brand
  • 41.
    ProTip #7 Identify,empower and reward your evangilists
  • 42.
    Facebook Fan Pages– Coke Coke Fan page was started by two regular users In seven months grew to 3.3 million fans Facebook changed rules and didn’t allow users to create branded pages Coke teamed up with the creators of the page, flew them to HQ, gave them a tour, brought them into meetings, brainstormed ideas, made them part of the company, let them be real evangelists
  • 43.
  • 44.
    Pizza Hut -iPhone App 3 Months - $1m in sales Order Pizzas, Play Games, 20% discount
  • 45.
    ProTip #8 Utility+ discounts + entertainment = success
  • 46.
    Pizza Hut –Facebook App
  • 47.
    ProTip #9 Giveusers multiple platform options to access your content/services and interact with your brand
  • 48.
    Facebook Fan Pages– 1-800-Flowers
  • 49.
  • 50.
    ProTip #10 Behuman: use your real photo, name, title, personality
  • 51.
  • 52.
    ProTip #11 Letyour customers build your products
  • 53.
  • 54.
    Vitaminwater Facebook ConnectCrowdsourced the flavor, name, design of new product Huge amount of participation from fans Makes people feel like they are helping create and shape the brand (which they are!)
  • 55.
  • 56.
    ProTip #12 Becreative – do something unexpected
  • 57.
  • 58.
    Whopper Sacrifice 233,906friends were removed by 82,771 people in less then a week Total cost of building app: < $50,000 32mil media impressions: > $400,000
  • 59.
  • 60.
  • 61.
    #chetanblocks Chetan Bhagatauthor of Five Point Someone, One Night at the Call Center, Three Mistakes of My Life, Two States is one of the most followed Indians on Twitter
  • 62.
    #chetanblocks Saad Akhtarauthor of webcomic flyyoufools.com responded and was blocked by Chetan
  • 63.
    #chetanblocks Firestorm ensued:342,000 tweets with #chetanblocks in 2 days What’s the difference between a Chetan Bhagat book and a leech? The leech eventually stops sucking #chetanblocks
  • 64.
  • 65.
  • 66.
    #chetanblocks What’s thepoint? Everything you say is public, think before you tweet Don’t launch into flame wars with fans Things bubble up very quickly Power of the masses (for good or bad)
  • 67.
  • 68.
  • 69.
    Facebook Reach -Builds off Facebooks 400m users (200m active daily) Distribution / Virality - Actions are published directly to news feed Methods: Fan Pages, Apps, Connect
  • 70.
  • 71.
    Facebook Connect Allowsyou to create a Facebook Application outside of Facebook Single sign on (no need to register for the site) Use your photo Publish content to your activity stream Invite people from Facebook to participate in activity Send email from Facebook on your behalf
  • 72.
    CNN - FacebookConnect During Obama Inauguration CNN allowed users to chat using Facebook Connect 600,000 status updates posted during event 4,000 status updates per minute Millions of logins
  • 73.
    Times Now –Twitter/FB
  • 74.
  • 75.
    “ There’s anew tool that can help companies predict sales for the coming weeks, or decide whether to increase inventories or put items on sale in certain stores. … it’s called Twitter” - MIT Sloan
  • 76.
    How to leverageTwitter Setup keyword searches for you and your competitors Engage people / participate in conversations / build trust Gather feedback about your products / services Share links / info Don’t just talk about yourself! - Retweet others Try coupons / promotions - measurable Take orders Contests People are finding new uses all the time…
  • 77.
    Group Discussion: Is a Corporate Website Necessary Anymore?
  • 78.
  • 79.
    Key Point FBand Twitter are just tools, they might disappear but the concepts will remain
  • 80.
    ProTips Make iteasy to participate and share / provide benefits for participation Don’t just inform and sell, entertain Incentivize and reward fans with special access, deals, and entertaining content Use promo codes / coupons to track discounts across channels You don’t always have to sell… help people, add value, build trust Make sure your social media presence embodies your brand’s personality (on brand)
  • 81.
    ProTips Identify, empowerand reward your evangelists Utility + discounts + entertainment = success Give users multiple platform options to access your content / services and engage with your brand Be human, use your real name, photo, bio, title. Let your customers help build your products Be creative, do something unexpected
  • 82.
    Does this stuffwork in India?
  • 83.
    India SM usageInternet penetration around 4.2% (47mil users)* India 9 th most Twitterers (1.7% of total users) A medium like any other (tv, radio, mobile) – can’t be ignored Depends on your target audience (urban, disposable income, younger) Perception is still about traffic rather then quality/leads**
  • 84.
    India SM usageConclusions: Awareness is starting Indian brands still experimenting Very few successes Once there are a few runaway successes more and more brands will jump on the bandwagon Still in infancy, cannot be ignored.
  • 85.
  • 86.
    Group Project Formteams of 4-5 people Partner with a local NGO and create a strategy to generate awareness / solicit donations for a cause There will be an Adwords component as well TBD Deliverables: Project Proposal (March 5 th ) how will you use social media how you will measure success (I can help here) Presentation (March 20 th ) 10 min What you did how you measured up to your criteria for success what troubles you encountered lessons you learned use any medium you’d like (ppt, doc, vid)
  • 87.
    Group Project Takesa long time to build communities – think small, but be innovative. Idea Suggestions: Adopt a grandparent (FB) Ask users to post / share stories about their grandparents 100 new fans Photo contest for underprivileged children Give cameras to kids and post their photos Have NGO sell best ones for donations Create an offline event (clothes drive, book drive) – use social media only to get participation
  • 88.
    For Next ClassTwitter Make three #isbsm related post a day (share a link, write at someone, retweet) Group Project: Pick your group Find an NGO Come up with a campaign How you will execute Metrics you will use to define success
  • 89.
  • 90.

Editor's Notes

  • #2 Impetus for course Interviews market sell and measure online
  • #7 Goal for today, generate awareness show you a lot of case studies, and give some tips How many people on FB, Orkut, Twitter?
  • #11 Ask for definition - Also ask for types of sites… traditional social networks, niche, video sharing…
  • #13 Social is more then just FB/Twitter… social is everywhere
  • #17 Sales / lead generation Awareness/consideration – Reach. Conversion – Relationship. Loyalty – Engagement. Advocacy – Reputation.
  • #18 http://en.wikipedia.org/wiki/Will_It_Blend%3F http://socialnomics.net/2009/11/12/social-media-roi-examples-video/
  • #19 Examples, fall under multiple categories, no such clear cut delineations Movies – paranormal activity, 3 idiots?
  • #20 Ikeas other option was to buy display ads on social networks,email catalogue, etc…
  • #22 Don’t have to be a big company
  • #23 http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=akXzD_6YNHCk
  • #24 http://en.wikipedia.org/wiki/Will_It_Blend%3F http://socialnomics.net/2009/11/12/social-media-roi-examples-video/
  • #25 Once u become a fan, can push content forever How many follow brands on FB/Twitter
  • #26 Is this intuitive? http://www.guardian.co.uk/music/2009/apr/21/study-finds-pirates-buy-more-music Relate engagement to purchase intent
  • #27 Sales / lead generation
  • #29 http://www.bloomberg.com/apps/news?pid=newsarchive&amp;sid=akXzD_6YNHCk
  • #30 Sales / lead generation
  • #32 http://www.slideshare.net/webleon/social-media-marketing-nike-plus-human-race-presentation
  • #33 Why would nike do this? No difference in running shoes between adidas, nike, reebok… create mindshare, get people to run more http://www.businessweek.com/magazine/content/08_46/b4108074443945.htm http://www.digitaloperative.com/blog/2008/nike-website-meets-facebook-connect/
  • #34 Sales / lead generation
  • #35 http://www.slideshare.net/helgetenno/context-value-the-new-marketing-economy Fundemental shift in marketing Charmin.. What would you do
  • #37 Sales / lead generation
  • #39 Engagement Contests…
  • #40 Engagement
  • #41 http://en.wikipedia.org/wiki/Will_It_Blend%3F http://socialnomics.net/2009/11/12/social-media-roi-examples-video/
  • #42 http://www.marketingvox.com/pizza-chains-make-dough-with-mobile-apps-045422/# All the elements: Utility En
  • #44 Its like your buddy…
  • #45 http://www.marketingvox.com/pizza-chains-make-dough-with-mobile-apps-045422/# Utility, entertainment, discounts Cuts down on costs (taking order, mistakes)
  • #46 http://www.marketingvox.com/pizza-chains-make-dough-with-mobile-apps-045422/# All the elements: Utility En
  • #47 Sales
  • #48 http://www.marketingvox.com/pizza-chains-make-dough-with-mobile-apps-045422/# All the elements: Utility En
  • #49 Sell stuff
  • #50 Sell stuff
  • #51 http://www.marketingvox.com/pizza-chains-make-dough-with-mobile-apps-045422/# All the elements: Utility En
  • #52 Easy to hate a brand, hard to hate a person Use real name / photo
  • #53 Social media is great for product improvement
  • #57 Social media is great for product improvement
  • #58 What are the different types of social sites
  • #61 7mil views Stock price dipped 10% (180mil) in the week after – is this related dunno…
  • #62 Angry that pirated books were being sold
  • #63 Respond back, bad move to compare india’s progress with pirated books … questioning motive
  • #68 3mil Nice reaction Taking it to the source… respond in the right tone and right medium
  • #69 Whats viral about facebook
  • #70 How many people are fans of stuff on fb? Of celebs/musicians? Of brands? Why What are the biggest fb fan pages
  • #71 Spend more time on appvertisements
  • #73 No one would create an account fro cnn.com Encourages people to share contribute
  • #77 Mumbai attacks Thomas friedman compared twitter to mosques, a place for the moderates to organize
  • #84 http://techcrunchies.com/twitter-usage-across-the-world/ http://www.scribd.com/doc/16945866/WebChutney-Digital-Media-Outlook-Report-2009
  • #85 http://techcrunchies.com/twitter-usage-across-the-world/ http://www.scribd.com/doc/16945866/WebChutney-Digital-Media-Outlook-Report-2009
  • #91 Shoutout smcmumbai