SlideShare a Scribd company logo
Patrick McGrath
The Impact of Social Media
  Marketing in Small to
Medium-Sized Enterprises
        (SMEs)
Challenges facing SMEs
•   Vulnerability due to their lack of growth potential.
•   Lack of resources due to financial constraints.
•   Dependency on a small domestic market.
•   Lack of experienced staff.
•   Fewer orders, fewer customers and fewer
    employees than large companies.
• Managers of small businesses tend to be
  generalists rather than specialists.
Introduction to SMEs and Social
            Media Marketing
•   SMEs are drivers of economic growth, innovation leaders and large
    scale employers.
•   They are more diverse, specific, personal and independent than
    larger organisations.
•   In times gone by they have been unable to compete with larger
    companies when it comes to marketing their products and services.
•   The Internet and social media has alleviated this problem due its low
    cost, widespread use and reach.
•   SMEs are currently marketing their products but they need to
    interact more with customers online (observe, study and
    participate).
What Social Media Marketing
       Brings to the Table
• Enables the marketer to interact with each client
  individually.
• There is opportunity for two-way communication.
• Products and services can be customised to suit
  the needs of each individual.
• Products can be bought and discussed online.
• Saves SMEs the costs associated with focus
  groups, surveys and interviews and enables
  them to generate valuable information on a
  global scale.
Web 2.0 Technologies
• Facebook – 500 million active users discussing products
  and services.
• Twitter – 45 million users thirty three percent of Twitter
  users share views about products or services at least
  once a week with many of them making
  recommendations
• Online Communities where people reach out and share
  experiences with one another about a product or service.
  Many organisations join or set up an online community to
  interact on a personal level with customers to cater to
  their specific needs as online information tends to be
  more revealing.
How to attract customers through
     Social Media Marketing
• Make sure your web-site or Facebook
  page captures your target audience.
• Get them to keep coming back for more
  by keeping news and information as up to
  date as possible, engaging and dynamic.
• Provide incentives to participate in this
  online forum such as giveaways, events
  and entertainment.
Social Media Marketing Driving Innovation in
 SMEs through the development of tribes

Interacting with Clients through Social
  Media has enable SMEs to:-
• Creating or re-engineer products or
  services to meet new market
  demands.
• Introduce new organisational
  approaches to enhance productivity.
• Develop techniques to increase sales.
Methodology
• Netnography – online community
  observation, chat, analysis of data from a
  personal business perspective.
• Interviews – get the views of consumers of
  social media as a marketing tool.
• Facebook - join his page in the hope of
  obtaining information that he can use to
  further market his business.
Findings from online communities
• The importance of getting into the zone in tennis.
• Tennis needs to be fun or people will stop
  playing.
• Tennis needs to be promoted as a sport for life.
• It is better to get young children to work as a
  team rather than individually.
• Children should be rewarded by the amount of
  matches they play rather then whether then win
  or lose.
• Educating parents that pushing their child with
  not make them a better tennis player.
Findings from Interviews
• Fear of growth (providing a less personalised
  service).
• Need to manage customer relationships in order
  to keep close ties with current clients.
• Social media marketing empowered them to be
  proactive giving them an opportunity to change
  the way businesses operated by posting on their
  online forums.
• Importance of having a Facebook page.
Facebook Page
• Build stronger relationships with current clients
  through online feedback.
• Promote tennis initiatives such as Cardio Tennis,
  Play and Stay and Schools Tennis.
• Communicating promotions, events and
  competitions.
• Provide links to sites that would be of interest to
  clients.
• Post tennis videos, advice on tennis goods and
  updates on tennis players.
Recommendations
• Encourage participants to help one another to do
  things better (teamwork).
• Learn to rest, recover and relax (balance).
• Wilson nights, parent child nights, teenager
  nights, ladies mornings, tennis camps, friendly
  matches against other clubs.
• Promotions – rewards system, specific stroke
  night, ITN assessment, doubles night, cardio
  tennis, business cards, special offers.
Limitations
• Online community not very active and got
  corrupt.
• Time constraints.
• Lack of knowledge by the researcher in
  the area of Social Media Marketing.
• Intercultural communication.

More Related Content

What's hot

To tweet or not to tweet
To tweet or not to tweetTo tweet or not to tweet
To tweet or not to tweet
Caroline Graham
 
Empathy vs sympathy. Integrated campaigns conference, 25 February 2016
Empathy vs sympathy. Integrated campaigns conference, 25 February 2016Empathy vs sympathy. Integrated campaigns conference, 25 February 2016
Empathy vs sympathy. Integrated campaigns conference, 25 February 2016
CharityComms
 
Stop Press: Journalists’ tips on how to be content publisher. Charity content...
Stop Press: Journalists’ tips on how to be content publisher. Charity content...Stop Press: Journalists’ tips on how to be content publisher. Charity content...
Stop Press: Journalists’ tips on how to be content publisher. Charity content...
CharityComms
 
I quantum 2010 annual nacro conference
I quantum 2010 annual nacro conferenceI quantum 2010 annual nacro conference
I quantum 2010 annual nacro conference
Rob Lawson
 
How Social Selling can help to grow ?
How Social Selling can help to grow ?How Social Selling can help to grow ?
How Social Selling can help to grow ?
Julien Cachet
 
Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...
Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...
Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...
Place2Give Foundation/Karma & Cents Inc.
 
Vega Brand Challenge Client - WPBTS
Vega Brand Challenge Client - WPBTSVega Brand Challenge Client - WPBTS
Vega Brand Challenge Client - WPBTS
Emma Follett-Botha
 
Trends Winter 2016
Trends Winter 2016Trends Winter 2016
Trends Winter 2016
Charity Dynamics
 
Social Media Marketing as a Cogent Marketing Tool
Social Media Marketing as a Cogent Marketing ToolSocial Media Marketing as a Cogent Marketing Tool
Social Media Marketing as a Cogent Marketing Tool
DigiFloor
 
How Tate creates effective audience journeys. Engagement conference, 22 Octob...
How Tate creates effective audience journeys. Engagement conference, 22 Octob...How Tate creates effective audience journeys. Engagement conference, 22 Octob...
How Tate creates effective audience journeys. Engagement conference, 22 Octob...
CharityComms
 
Dive Into Brand Journalism
Dive Into Brand JournalismDive Into Brand Journalism
Dive Into Brand Journalism
Tony Scida
 
Segmentation in practice. Audience strategy conference, 26 May 2016
Segmentation in practice. Audience strategy conference, 26 May 2016Segmentation in practice. Audience strategy conference, 26 May 2016
Segmentation in practice. Audience strategy conference, 26 May 2016
CharityComms
 
Crawford,unit 2
Crawford,unit 2Crawford,unit 2
Crawford,unit 2
akoocrawford
 
digital marketing
digital marketingdigital marketing
digital marketing
rachael fletcher
 
Her Fit game for Wii Fit
Her Fit game for Wii FitHer Fit game for Wii Fit
Her Fit game for Wii Fit
konvalmatin
 
Social Media - Making Your Business The Hub
Social Media - Making Your Business The HubSocial Media - Making Your Business The Hub
Social Media - Making Your Business The Hub
livelink
 
Strategic community management 2011
Strategic community management 2011Strategic community management 2011
Strategic community management 2011
Kirsten Wagenaar
 
Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...
Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...
Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...
jgagroup
 
Marketing your green project
Marketing your green projectMarketing your green project
Marketing your green project
Michelle Kovacevic
 
The Ultimate Strategist: Establishing Winning Partnerships and Consortia
The Ultimate Strategist: Establishing Winning Partnerships and ConsortiaThe Ultimate Strategist: Establishing Winning Partnerships and Consortia
The Ultimate Strategist: Establishing Winning Partnerships and Consortia
Elizabeth (Liz) Ngonzi
 

What's hot (20)

To tweet or not to tweet
To tweet or not to tweetTo tweet or not to tweet
To tweet or not to tweet
 
Empathy vs sympathy. Integrated campaigns conference, 25 February 2016
Empathy vs sympathy. Integrated campaigns conference, 25 February 2016Empathy vs sympathy. Integrated campaigns conference, 25 February 2016
Empathy vs sympathy. Integrated campaigns conference, 25 February 2016
 
Stop Press: Journalists’ tips on how to be content publisher. Charity content...
Stop Press: Journalists’ tips on how to be content publisher. Charity content...Stop Press: Journalists’ tips on how to be content publisher. Charity content...
Stop Press: Journalists’ tips on how to be content publisher. Charity content...
 
I quantum 2010 annual nacro conference
I quantum 2010 annual nacro conferenceI quantum 2010 annual nacro conference
I quantum 2010 annual nacro conference
 
How Social Selling can help to grow ?
How Social Selling can help to grow ?How Social Selling can help to grow ?
How Social Selling can help to grow ?
 
Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...
Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...
Evolution of Corporate Giving: Stakeholder Engagement - Community Investment,...
 
Vega Brand Challenge Client - WPBTS
Vega Brand Challenge Client - WPBTSVega Brand Challenge Client - WPBTS
Vega Brand Challenge Client - WPBTS
 
Trends Winter 2016
Trends Winter 2016Trends Winter 2016
Trends Winter 2016
 
Social Media Marketing as a Cogent Marketing Tool
Social Media Marketing as a Cogent Marketing ToolSocial Media Marketing as a Cogent Marketing Tool
Social Media Marketing as a Cogent Marketing Tool
 
How Tate creates effective audience journeys. Engagement conference, 22 Octob...
How Tate creates effective audience journeys. Engagement conference, 22 Octob...How Tate creates effective audience journeys. Engagement conference, 22 Octob...
How Tate creates effective audience journeys. Engagement conference, 22 Octob...
 
Dive Into Brand Journalism
Dive Into Brand JournalismDive Into Brand Journalism
Dive Into Brand Journalism
 
Segmentation in practice. Audience strategy conference, 26 May 2016
Segmentation in practice. Audience strategy conference, 26 May 2016Segmentation in practice. Audience strategy conference, 26 May 2016
Segmentation in practice. Audience strategy conference, 26 May 2016
 
Crawford,unit 2
Crawford,unit 2Crawford,unit 2
Crawford,unit 2
 
digital marketing
digital marketingdigital marketing
digital marketing
 
Her Fit game for Wii Fit
Her Fit game for Wii FitHer Fit game for Wii Fit
Her Fit game for Wii Fit
 
Social Media - Making Your Business The Hub
Social Media - Making Your Business The HubSocial Media - Making Your Business The Hub
Social Media - Making Your Business The Hub
 
Strategic community management 2011
Strategic community management 2011Strategic community management 2011
Strategic community management 2011
 
Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...
Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...
Social Media, Recruitment and Training, How do they Mix? Joe Billington #Team...
 
Marketing your green project
Marketing your green projectMarketing your green project
Marketing your green project
 
The Ultimate Strategist: Establishing Winning Partnerships and Consortia
The Ultimate Strategist: Establishing Winning Partnerships and ConsortiaThe Ultimate Strategist: Establishing Winning Partnerships and Consortia
The Ultimate Strategist: Establishing Winning Partnerships and Consortia
 

Similar to Project

Digital Marketing Post-COVID19
Digital Marketing Post-COVID19Digital Marketing Post-COVID19
Digital Marketing Post-COVID19
Manu Menon
 
Chapter 3 - Digital marketing: Online, Social, and Mobile
Chapter 3 - Digital marketing: Online, Social, and MobileChapter 3 - Digital marketing: Online, Social, and Mobile
Chapter 3 - Digital marketing: Online, Social, and Mobile
KarenCastillo643847
 
Social media for business
Social media for businessSocial media for business
Social media for business
Sameer Patil
 
Digital Marketing & Social Media
Digital Marketing & Social MediaDigital Marketing & Social Media
Digital Marketing & Social Media
Kayla362635
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015
Planimedia
 
Marketing Armtwisting
Marketing ArmtwistingMarketing Armtwisting
Marketing Armtwisting
Dawn Yankeelov
 
Social media & its role in marketing - Grape5
Social media & its role in marketing - Grape5Social media & its role in marketing - Grape5
Social media & its role in marketing - Grape5
Grape5
 
Integrated marketing communication presentation on how to market your startup...
Integrated marketing communication presentation on how to market your startup...Integrated marketing communication presentation on how to market your startup...
Integrated marketing communication presentation on how to market your startup...
Kartik Mehta
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
Sweta Khasale
 
Facebook for Charities
Facebook for CharitiesFacebook for Charities
Facebook for Charities
Cliff Ashcroft
 
Social Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th MaySocial Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th May
Lisa Harris
 
Crash course social_media-1
Crash course social_media-1Crash course social_media-1
Crash course social_media-1
Seth Gardenswartz
 
ppt. social media.pptx
ppt. social media.pptxppt. social media.pptx
ppt. social media.pptx
CynthiaWambui8
 
MRK 2100 Digital marketing
MRK 2100   Digital marketingMRK 2100   Digital marketing
MRK 2100 Digital marketing
MariamElBakry
 
Presentation1
Presentation1Presentation1
Presentation1
Sarath Nair
 
An Intro To Social Media
An Intro To Social MediaAn Intro To Social Media
An Intro To Social Media
2Communicate
 
Social Media Marketing Trends 2024 - Noboru World
Social Media Marketing Trends 2024 - Noboru WorldSocial Media Marketing Trends 2024 - Noboru World
Social Media Marketing Trends 2024 - Noboru World
kartik290054
 
An Intro To Social Media
An Intro To Social MediaAn Intro To Social Media
An Intro To Social Media
2Communicate
 
Digital marketing
Digital marketingDigital marketing
Digital marketing
NusratJahan234
 
Group Presentation_LCMC_Final 25
Group Presentation_LCMC_Final 25Group Presentation_LCMC_Final 25
Group Presentation_LCMC_Final 25
Mohammad Nure Alam Siddiquee
 

Similar to Project (20)

Digital Marketing Post-COVID19
Digital Marketing Post-COVID19Digital Marketing Post-COVID19
Digital Marketing Post-COVID19
 
Chapter 3 - Digital marketing: Online, Social, and Mobile
Chapter 3 - Digital marketing: Online, Social, and MobileChapter 3 - Digital marketing: Online, Social, and Mobile
Chapter 3 - Digital marketing: Online, Social, and Mobile
 
Social media for business
Social media for businessSocial media for business
Social media for business
 
Digital Marketing & Social Media
Digital Marketing & Social MediaDigital Marketing & Social Media
Digital Marketing & Social Media
 
Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015Top Drivers of Marketing Success – What to Budget for in 2015
Top Drivers of Marketing Success – What to Budget for in 2015
 
Marketing Armtwisting
Marketing ArmtwistingMarketing Armtwisting
Marketing Armtwisting
 
Social media & its role in marketing - Grape5
Social media & its role in marketing - Grape5Social media & its role in marketing - Grape5
Social media & its role in marketing - Grape5
 
Integrated marketing communication presentation on how to market your startup...
Integrated marketing communication presentation on how to market your startup...Integrated marketing communication presentation on how to market your startup...
Integrated marketing communication presentation on how to market your startup...
 
Social Media Marketing
Social Media MarketingSocial Media Marketing
Social Media Marketing
 
Facebook for Charities
Facebook for CharitiesFacebook for Charities
Facebook for Charities
 
Social Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th MaySocial Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th May
 
Crash course social_media-1
Crash course social_media-1Crash course social_media-1
Crash course social_media-1
 
ppt. social media.pptx
ppt. social media.pptxppt. social media.pptx
ppt. social media.pptx
 
MRK 2100 Digital marketing
MRK 2100   Digital marketingMRK 2100   Digital marketing
MRK 2100 Digital marketing
 
Presentation1
Presentation1Presentation1
Presentation1
 
An Intro To Social Media
An Intro To Social MediaAn Intro To Social Media
An Intro To Social Media
 
Social Media Marketing Trends 2024 - Noboru World
Social Media Marketing Trends 2024 - Noboru WorldSocial Media Marketing Trends 2024 - Noboru World
Social Media Marketing Trends 2024 - Noboru World
 
An Intro To Social Media
An Intro To Social MediaAn Intro To Social Media
An Intro To Social Media
 
Digital marketing
Digital marketingDigital marketing
Digital marketing
 
Group Presentation_LCMC_Final 25
Group Presentation_LCMC_Final 25Group Presentation_LCMC_Final 25
Group Presentation_LCMC_Final 25
 

Project

  • 1. Patrick McGrath The Impact of Social Media Marketing in Small to Medium-Sized Enterprises (SMEs)
  • 2. Challenges facing SMEs • Vulnerability due to their lack of growth potential. • Lack of resources due to financial constraints. • Dependency on a small domestic market. • Lack of experienced staff. • Fewer orders, fewer customers and fewer employees than large companies. • Managers of small businesses tend to be generalists rather than specialists.
  • 3. Introduction to SMEs and Social Media Marketing • SMEs are drivers of economic growth, innovation leaders and large scale employers. • They are more diverse, specific, personal and independent than larger organisations. • In times gone by they have been unable to compete with larger companies when it comes to marketing their products and services. • The Internet and social media has alleviated this problem due its low cost, widespread use and reach. • SMEs are currently marketing their products but they need to interact more with customers online (observe, study and participate).
  • 4. What Social Media Marketing Brings to the Table • Enables the marketer to interact with each client individually. • There is opportunity for two-way communication. • Products and services can be customised to suit the needs of each individual. • Products can be bought and discussed online. • Saves SMEs the costs associated with focus groups, surveys and interviews and enables them to generate valuable information on a global scale.
  • 5. Web 2.0 Technologies • Facebook – 500 million active users discussing products and services. • Twitter – 45 million users thirty three percent of Twitter users share views about products or services at least once a week with many of them making recommendations • Online Communities where people reach out and share experiences with one another about a product or service. Many organisations join or set up an online community to interact on a personal level with customers to cater to their specific needs as online information tends to be more revealing.
  • 6. How to attract customers through Social Media Marketing • Make sure your web-site or Facebook page captures your target audience. • Get them to keep coming back for more by keeping news and information as up to date as possible, engaging and dynamic. • Provide incentives to participate in this online forum such as giveaways, events and entertainment.
  • 7. Social Media Marketing Driving Innovation in SMEs through the development of tribes Interacting with Clients through Social Media has enable SMEs to:- • Creating or re-engineer products or services to meet new market demands. • Introduce new organisational approaches to enhance productivity. • Develop techniques to increase sales.
  • 8. Methodology • Netnography – online community observation, chat, analysis of data from a personal business perspective. • Interviews – get the views of consumers of social media as a marketing tool. • Facebook - join his page in the hope of obtaining information that he can use to further market his business.
  • 9.
  • 10. Findings from online communities • The importance of getting into the zone in tennis. • Tennis needs to be fun or people will stop playing. • Tennis needs to be promoted as a sport for life. • It is better to get young children to work as a team rather than individually. • Children should be rewarded by the amount of matches they play rather then whether then win or lose. • Educating parents that pushing their child with not make them a better tennis player.
  • 11. Findings from Interviews • Fear of growth (providing a less personalised service). • Need to manage customer relationships in order to keep close ties with current clients. • Social media marketing empowered them to be proactive giving them an opportunity to change the way businesses operated by posting on their online forums. • Importance of having a Facebook page.
  • 12. Facebook Page • Build stronger relationships with current clients through online feedback. • Promote tennis initiatives such as Cardio Tennis, Play and Stay and Schools Tennis. • Communicating promotions, events and competitions. • Provide links to sites that would be of interest to clients. • Post tennis videos, advice on tennis goods and updates on tennis players.
  • 13. Recommendations • Encourage participants to help one another to do things better (teamwork). • Learn to rest, recover and relax (balance). • Wilson nights, parent child nights, teenager nights, ladies mornings, tennis camps, friendly matches against other clubs. • Promotions – rewards system, specific stroke night, ITN assessment, doubles night, cardio tennis, business cards, special offers.
  • 14. Limitations • Online community not very active and got corrupt. • Time constraints. • Lack of knowledge by the researcher in the area of Social Media Marketing. • Intercultural communication.