This presentation was given at the Kukutana networking group in London at the JWT cafe on the 21st June 2010. Its objective is to explain what listing using social media is all about and why it is important for marketers
3. Marketing guy Brand & Positioning PR and Video Website/online SEO & PPC Social Media & Community Social Media & Community Strategy Marketing Prod Mktg Sales Prof Services Exec’s Customer Support Managed Services HR
14. Marketers have never had it so good Marketing Holy grail = understand what your customers want “ Never before in the field of marketing was so much known about so many by so few”
35. Create community “ We monitor in excess of 1,500 discussion threads a day on very specific topics where we think we can add value to the conversation . It’s not possible to participate in all of the threads, but there are ways to identify which conversations are the most influential , which ones have the greatest reach , and those are the one in which we’re most likely to participate. We've also created a consumer advocate community as well as a platform that we’ll be launching in a few weeks to support their activities.” Marty Collins, Senior Product Marketing Manager, Windows Live, Microsoft
40. Show me the money Fortune 500 consumer products company discovered that over 75% of its marketing spend did not reach its most influential social channels Source: Social CRM – The New Rules of Engagement, Altimeter Group, March 2010
41. But do they actually want to buy something? Is it just talk?
45. Show me the money A Fortune 100 Financial services company used social sales insight to determine when they could be helpful in social channels and conversations as opposed to interrupting the conversation. Four months later, the social channel territory sales comprised 10% of all sales . Source: Social CRM – The New Rules of Engagement, Altimeter Group, March 2010
55. Write Once Publish many Repurposing content opens new points of distribution and has a compounding effect on reach Start a discussion Chop into episodic blog posts Deploy as formal release Repackage as presentation Add voice for video Tweet key takeaways
57. Twitter deployment Schedule Suggested Tweet Week 1 Why not sign up for the Social Media ROI series http://bit.ly/ROI its got great insight Week 2 Speaking at Internet world on Social Media Marketing http://bit.ly/IW/sm90 #Alterian Week 3 Check this out: 4 Ways To Take Your Search Marketing http://bit.ly/seoROI #AlterianSM2 Week 4 Today’s SEO Tip: RSS distribution is one of the easiest ways to give your content legs http://bit.ly/seoROI #AlterianSM2 Week 5 Seems Inbound linking is the most challenging. Use SM monitoriing guide your optimization – http://bit.ly/seoROI #AlterianSM2
58. Moving Towards a Holistic Web Presence Coffee Shop Chat/Gossip/Tips/Links Library Reading/research/Education/Sharing Store Learning/watching/buying MicroBlog/Realtime Blog/Community Website/Surfers 1. 2. 3.
64. Next Steps Read the book Read the Report Use the tool Drill into the detail
65. Value and ROI through listening Use Case Value/ROI Brand Audit Identify opportunities in Social Media Social Media Campaigns Measure progress of Social Media efforts Corporate Marketing Increased sales & rate of return on ad spend Customer Service Increased satisfaction, brand loyalty, awareness Competitive Insight Identify differentiating features & innovate Public Relations Efficient use of time & identify influencers Sales – Lead Generation Increased sales & shortened sales cycle Search Engine Optimization More effective SEO & organic visibility Product Development Reduced market research costs HR Reduced hiring costs & less churn
Conversations can easily go viral. This site is set up for consumers to express their frustration. In addition to posting their frustrations, the site makes it easy to share it with other sites – making it go viral (read – brand crisis!) A brand NEEDS to be aware of these and responding. Conversations not limited to blogs – Twitter, Flickr, tagged, Facebook, Value: Increased satisfaction, brand loyalty, awareness Engaging in social channels encourages peer support and positive word of mouth Satisfied customers become loyal brand advocates Providing online support builds brand, organic SEO, & wards off PR crises Actionable: Listen, provide responses to negative AND positive feedback
Croc’s – Nurses – Value: Identify differentiating features & innovate Identify competitive strengths and weaknesses Monitor sentiment around competitors products Analyze industry topics and identify trends Actionable: Identify industry trends, create products that consumers want
Value: Efficient use of time & identify influencers Everything can be measured now (web analytics AND online conversations & sentiment) Ability to easily monitor volume, brand sentiment and themes of conversations Dictionary used to determine sentiment is customizable Identify influencers for PR blogger campaigns Actionable: Audit, benchmark trends, and identify advocates
Value: More effective SEO & organic visibility Author tag cloud shows what consumers expect people to be searching for Using their language rather than industry terminology ensures higher organic SEO. *Provides insight into consumers minds. Actionable: Identify people expressing a need for your product/service, connect with warm leads that have a higher probability of conversion
Find the link
Only 20% of brands have heard of the capability of social media monitoring Tip of the iceberg
I added sharing to #2 Consider the corporate website as the home, the blog is where the discussions are happening. It’s an interaction with those writing on other blogs. #1 is the place where people are sharing links, the ‘water cooler’. I would put them in reverse order --- 3, 2, 1 the grounding is in the site (most static to least static)