SlideShare a Scribd company logo
Followers, fans
and fairytale
endings:
how to monetize
social media
Morpheus: This is your last
chance. After this, there is no
turning back. You take the blue
pill, the story ends, you wake
up in your bed and believe
whatever you want to believe.
You take the red pill, you stay
in Wonderland and I show you
how deep the rabbit hole goes.
The Matrix, 1999
There may once have been a time when executives could
close their eyes, stick their fingers in their ears and pretend
that monetizing social media was a fiction. But the firms
taking that blue pill are becoming fewer and fewer. We’ve
started down the rabbit hole, and there’s no going back now.
Indeed, anyone hoping for a return to the days when a one-way, one-to-many marketing approach
was the only way to communicate is living in a dream. Consumer expectations have changed, driven
by smartphone ubiquity, always-on connectivity and the advent of social networks that enable people
to share, compare and collaborate in a nanosecond; meanwhile the rise of roles such as the chief
listening officer are testament to the changing dynamic of the provider-customer relationship.

The social media Wonderland offers a wealth of opportunities – and businesses had better be able
to respond.

For some firms, this might seem a daunting new reality. And in many ways, it is. Most recognize that
getting to grips with social media is essential, but building genuine online relationships that show
clear, measurable links to the bottom line has proven difficult. In fact, it’s the $64,000 question: how
do I make money off the back of my social media efforts?

There’s been a lot of trial and error. There have been mistakes made along the way. But while
monetizing social media is difficult, it’s not impossible. Does anyone have the definitive answer?
No. But plenty of firms are seeing returns on their social media campaigns and turning better
communication into bigger profits.

Monetizing social media is the new reality. Social media is already proving to be a game-changer for
firms looking to reduce costs, drive sales and build better brand engagement. You could join them.
Take the red pill. Our social media roadmap will show you how…
Download the full version of this eBook,
with expert guidance from leading social media
commentators and digital marketers including:


                 Matt HeHMan
                 Director oF SaleS
                 Facebook
                                                                                               !
                 rick Wion
                 Director oF Social MeDia
                                                                      The next event take place
                 McDonalD’S corporation                               in Amsterdam on 25-26 October.

                 tHoMaS Marzano                                       Visit:
                 Global creative Director
                 online coMMS, pHilipS                                www.istrategyconference.com
                                                                      for more information –
The iStrategy Conference is a global digital media conference for     and don’t forget to follow the
marketing, social media, online business development, digital and
creative professionals involved in all aspects and levels of online   hashtag #istrategy on Twitter.
branding and strategic management positions.


     www.istrategyconference.com/ebook

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Monetize Social Media

  • 2. Morpheus: This is your last chance. After this, there is no turning back. You take the blue pill, the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill, you stay in Wonderland and I show you how deep the rabbit hole goes. The Matrix, 1999
  • 3. There may once have been a time when executives could close their eyes, stick their fingers in their ears and pretend that monetizing social media was a fiction. But the firms taking that blue pill are becoming fewer and fewer. We’ve started down the rabbit hole, and there’s no going back now. Indeed, anyone hoping for a return to the days when a one-way, one-to-many marketing approach was the only way to communicate is living in a dream. Consumer expectations have changed, driven by smartphone ubiquity, always-on connectivity and the advent of social networks that enable people to share, compare and collaborate in a nanosecond; meanwhile the rise of roles such as the chief listening officer are testament to the changing dynamic of the provider-customer relationship. The social media Wonderland offers a wealth of opportunities – and businesses had better be able to respond. For some firms, this might seem a daunting new reality. And in many ways, it is. Most recognize that getting to grips with social media is essential, but building genuine online relationships that show clear, measurable links to the bottom line has proven difficult. In fact, it’s the $64,000 question: how do I make money off the back of my social media efforts? There’s been a lot of trial and error. There have been mistakes made along the way. But while monetizing social media is difficult, it’s not impossible. Does anyone have the definitive answer? No. But plenty of firms are seeing returns on their social media campaigns and turning better communication into bigger profits. Monetizing social media is the new reality. Social media is already proving to be a game-changer for firms looking to reduce costs, drive sales and build better brand engagement. You could join them. Take the red pill. Our social media roadmap will show you how…
  • 4. Download the full version of this eBook, with expert guidance from leading social media commentators and digital marketers including: Matt HeHMan Director oF SaleS Facebook ! rick Wion Director oF Social MeDia The next event take place McDonalD’S corporation in Amsterdam on 25-26 October. tHoMaS Marzano Visit: Global creative Director online coMMS, pHilipS www.istrategyconference.com for more information – The iStrategy Conference is a global digital media conference for and don’t forget to follow the marketing, social media, online business development, digital and creative professionals involved in all aspects and levels of online hashtag #istrategy on Twitter. branding and strategic management positions. www.istrategyconference.com/ebook