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Realising your Sales Potential with Social Media




@arengrimshaw
                                       @arengrimshaw
1. Introducing Social Media




                              @arengrimshaw
Social Media in 2012
• 98% of online population in the UK using
  Social Networking sites
• Users 55+ represent the fastest growing
  segment in social networking usage
• 87% of mid-large size businesses plan to
  maintain or increase investment on SM
• 13% plan to cut spend on SM
  – More than 50% of those citing a lack of return
                                 Sources: Comscore & The Next Web

                                              @arengrimshaw
But…
•   What is Social Media?
•   Why should I care?
•   Is it just a fad?
•   Does anyone make any money from it?
•   Where do I start?




                                    @arengrimshaw
1a. What is Social Media?




                            @arengrimshaw
Social Media:
Media for social interaction
using highly accessible and
scalable publishing
techniques.
                      Original source: Wikipedia




                             @arengrimshaw
                                       6
“People are searching for
answers and direction, not
messages or sales pitches.”
                Source: Brian Solis, Engage – Buy the book




                                       @arengrimshaw
                                                 7
“The tools are just extensions
of you…”



                         @arengrimshaw
                                   8
Social Media Marketing:
Using Social Media to engage
with online communities in
order to generate exposure,
opportunity and sales.

                       @arengrimshaw
                                 9
Some Key Aspects & Terminology
•   Web 1.0, 2.0 & 4.0
•   Real Time
•   Viral
•   Authenticity / Transparency
•   User Generated Content (UGC)
•   Consumer Generated Media (CGM)


                                     @arengrimshaw
Putting it in context – Why now?
Society                        Technology
• Generation Y / Millennials   • Computing Power
• Out of Town Shopping         • Processor Power
• E-commerce                   • Internet Speeds
• Longer Working Hours         • Digital Cameras
• Migration & Immigration      • iPods
• Erosion of Community         • Smartphones
  Centres                      • iPhones / iPads
• The Age of Spin



                                             @arengrimshaw
1b. The Tools & Technology




                        @arengrimshaw
@arengrimshaw
Key Social Media Tools
    Blogs      Social Networks   File Sharing Sites



   Forums      Live Streaming    Review Systems



 Geo-tagging     Wiki Sites         Aggregators



                                     @arengrimshaw
Facebook
• Launched 2004
• 800m+ Active Users
• Approx. 30m+ users in the UK (49% of Pop)




                                    Source: Social Bakers

                                     @arengrimshaw
Facebook
    • 50% log on in any given day
    • 250m+ access via mobile devices
      (and are twice as active)
    • 250m+ people engage with Facebook on
      external websites
    • 900m+ objects that people interact with
      (pages, groups, events & community pages)
                                                            Source: http://www.facebook.com/press/info.php?statistics


Source: http://www.facebook.com/press/info.php?statistics                                  @arengrimshaw
An Average user…
•   38 years old
•   130 229 Friends
•   Spends 55 minutes on the site per day
•   Is connected to 80 pages, groups &events
•   Creates 90 pieces of content each month
•   Adds 25 comments to content each month

                               Source: Facebook & Flowtown

                                          @arengrimshaw
@arengrimshaw
Blogs & Blogging
•   133m+ blogs
•   77% internet users read blogs
•   Two thirds of bloggers are male
•   60% are 18 – 44 years old
•   75% have a college education or above
•   50%+ are married
•   50%+ have kids

                                      @arengrimshaw
Blogs & Blogging
• 56% say their blog has helped their company
  establish a position as ‘thought-leader’
• 58% of bloggers say they’re better known in
  their industry as a result
• B2B companies that blog generate 67% more
  leads per month than those who do not.
• 94% of bloggers reported measurable SEO
  benefits within 12 months

                                    @arengrimshaw
@arengrimshaw
What is Twitter?
•   Micro-blog
•   Social Network
•   Search Engine
•   Focus Group
•   News Wire




                     @arengrimshaw
Twitter
•   Launched 2006
•   11 new accounts per second
•   200m – 465m registered users
•   100m active in a month
•   55% log on every day
•   200m+ tweets per day
•   400m+ unique visitors per month
                            Source: The Next Web & Twitter Blog

                                            @arengrimshaw
Average user…
•   Is 39 years old
•   Has 126 Followers
•   64% over 35 years old
•   53% are female
•   1.6bn search queries on Twitter per day
•   43% access via a mobile device
                                      Source: Flowtown

                                        @arengrimshaw
@arengrimshaw
What is LinkedIn?
•   ‘Professional Network’
•   Founded in 2003
•   150m+ members
•   200 countries – all 7 continents
•   2m Company Pages
•   Gains 1 new user per second

                                        Source: LinkedIn


                                       @arengrimshaw
Some Statistics
• 34m users in Europe
• 8m UK users
• Average user age of 44




                            Source: LinkedIn


                           @arengrimshaw
@arengrimshaw
Foursquare
• Community: Over 15 million people
  worldwide
• Over 1.5 billion check-ins, with millions more
  every day
• Businesses: Over 750,000 using the Merchant
  Platform
                                      Source: Foursquare



                                      @arengrimshaw
@arengrimshaw
@arengrimshaw
Foursquare Specials




                       @arengrimshaw
                      @arengrimshaw
What is Pinterest?
• Virtual Pinboard
• Users organize and share ‘beautiful things’
  they find on the web




                                      @arengrimshaw
Some Statistics
  • 13.76m people worldwide visited
  • Spent an average of 89 minutes on site
  • 250,000 Britons visited in January
      – spent an average of 25 minutes on site that month




Source: Pinterest & Guardian.co.uk


                                             @arengrimshaw
@arengrimshaw
@arengrimshaw
2. Social Media Strategy & Planning




                              @arengrimshaw
“A good strategy has an essential
      logical structure that I call the kernel.”

 “The kernel of strategy contains three elements:
a diagnosis, a guiding policy and coherent action”

        Good Strategy, Bad Strategy - Richard Rummelt




                                                        Buy the book

                                                    @arengrimshaw
Innovative thinking should be proactive first
and reactive second...

Once a strategy is in place, reactive thinking
can become more meaningful...

It provides the backbone for our actions so we
can be confident that we’re reacting in the
right way.

                   Chris Griffiths, Grasp the Solution – Buy the book from http://ow.ly/7mfDU



                                                                   @arengrimshaw
CARAT Planning Process
         Research
       (Diagnosis)    Community



                           Aims



                         Resources


          Concept
                         Approach
   (Guiding Policy)

   Implementation
 (Coherent Actions)   Technology



                                     @arengrimshaw
Community
• Customer (the decision maker)
  A person or organisation that may purchase goods or
  services directly from you

• Influencer
  A person or organisation that may influence another
  person or organisation’s decision to purchase

• Partner (an ally)
  Those that share a common goal with your organisation or
  customers

                                             @arengrimshaw
Identifying your Community


     C                                      I                            P


                                    Influencers
Customers




                                                                     Partners
            • Common                              • Staff Members               • Allied Industries
              Characteristics
                                                  • Family Members              • Other regions
            • Demographics
                                                  • Journalists                 • Suppliers
            • Technical Ability
                                                  • Bloggers                    • Funders Investors
            • Interests
                                                  • Politicians                 • Competitors
            • Geographic Location




                                                                                @arengrimshaw
Aims…

The specifics of what will need to be achieved in
order to meet the business challenge, and over
what timescales.

How will you and the client know that the
strategy has been a success?



                                       @arengrimshaw
Aims
• SEO: Link building, content factors
• Marketing: Promote organisation, brand awareness
• PR: Manage reputation, get news out
• Sales: New contact routes, increase sales
• Engagement: Increase loyalty, foster word of mouth
• Research: Identify trends / niches, consultation
• Management: Collaboration, knowledge sharing


                                                 @arengrimshaw
Buying Processes & Lifecycles
                          Inactives            Suspects




                Brand
                                                          Prospects
              Advocates



                                                    New
                          Regular                 Customers
                         Customers



 Awareness   Knowledge      Consideration   Selection      Satisfaction   Advocacy
Resources
•   Time & Money
•   People & Skills
•   Technology & Equipment
•   Your ‘Business As Usual Activity’ (BAU)




                                        @arengrimshaw
Your guiding policy is your big idea, the general
concept you are working with…

…the later stage will define your specific actions.




                                        @arengrimshaw
Approach
• Visibility
  ... need to be visible to the target audience
• Credibility
  ...“Don’t tell them you’re funny, tell them a joke”
• Value
  ...establish a “What’s in it for me?” factor
• Personality
  ...everything should be consistent with the brand profile
• Responsiveness
  ...are they setup to deal with responses


                                                   @arengrimshaw
Approach – Practical Elements
•   Content Marketing
•   Aggregating or Curation
•   Networking or Events Marketing
•   Community Engagement
•   Word of Mouth or Advocacy Programmes




                                   @arengrimshaw
Integration
• What can be outsourced and what needs to
  be done internally?
• What actions can be embedded within current
  processes?
• What needs to be done to empower the team
  to perform key actions?
• What actions can be automated?

                                   @arengrimshaw
Measuring results
•   Link to your aims
•   Benchmark
•   KPIs Vs. ROI
•   Review results regularly
•   Tweak approach accordingly

    “Not everything that counts can be measured.
    Not everything that can be measured counts.”
                                          Albert Einstein


                                       @arengrimshaw
Case Study:
UKNetWeb Ltd




               @arengrimshaw
Diagnosis (The Challenge)
•   Limited Y on Y Growth
•   Association with smaller projects
•   Losing to design firms
•   Operating in small local market




                                        @arengrimshaw
Guiding Policy
• Maximising Potential, Minimising Risk
• Focus on technical development
• Thought leadership around innovation




                                     @arengrimshaw
Actions
•   Webinars & Events
•   File-Sharing
•   Social & Professional Networking
•   Blogging & Micro-Blogging




                                       @arengrimshaw
@arengrimshaw
@arengrimshaw
@arengrimshaw
@arengrimshaw
@arengrimshaw
@arengrimshaw
Results – Web Traffic




                        @arengrimshaw
Results – Bottom Line
In a 6 month period:

•   500% increase in new business enquiries
•   2/3 of all enquiries through social networks
•   100% increase in average order values
•   Opened up UK & international markets

• New company created to meet demand
• 4 years on.... £100k to £1m+


                                               @arengrimshaw
3. What you should do next




                       @arengrimshaw
Consider your own position
• What are your strengths and weaknesses?
• How can you play to your strengths?
• How can you demonstrate your strengths via
  Social Media?
• What opportunities will your business take
  advantage of, and just as importantly which
  ones will you ignore?

                                     @arengrimshaw
What will your strategy be?
• Who are your customers, influencers and partners?
• What are you aiming to achieve for your business - can
  you be more specific than increased sales?
• What resources are you working with?
• How can you use Social Media technology to make you
  more effective in your role?
• What will be your approach to Social Media?
• What actions do you need to do daily, weekly or
  quarterly to achieve your aims?


                                            @arengrimshaw
How can I help?
• Work with your team to develop your internal
  skills in Social Media
• Work with you to develop a Social Media
  Strategy for your business.
• Provide a sounding board for your own
  campaign or strategies ideas.



                                    @arengrimshaw
Connecting with Aren:

Facebook: aren.grimshaw
Twitter: @arengrimshaw
LinkedIn: areng
FourSquare: arengrimshaw
Pinterest: arengrimshaw


                           @arengrimshaw
Getting in touch:

Tel: 01872 273103
Mob: 07598 242212
Email: info@arengrimshaw.co.uk
Web: www.arengrimshaw.co.uk

Search for “aren grimshaw” on Google
                               @arengrimshaw

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Realising your Sales Potential with Social Media

  • 1. Realising your Sales Potential with Social Media @arengrimshaw @arengrimshaw
  • 2. 1. Introducing Social Media @arengrimshaw
  • 3. Social Media in 2012 • 98% of online population in the UK using Social Networking sites • Users 55+ represent the fastest growing segment in social networking usage • 87% of mid-large size businesses plan to maintain or increase investment on SM • 13% plan to cut spend on SM – More than 50% of those citing a lack of return Sources: Comscore & The Next Web @arengrimshaw
  • 4. But… • What is Social Media? • Why should I care? • Is it just a fad? • Does anyone make any money from it? • Where do I start? @arengrimshaw
  • 5. 1a. What is Social Media? @arengrimshaw
  • 6. Social Media: Media for social interaction using highly accessible and scalable publishing techniques. Original source: Wikipedia @arengrimshaw 6
  • 7. “People are searching for answers and direction, not messages or sales pitches.” Source: Brian Solis, Engage – Buy the book @arengrimshaw 7
  • 8. “The tools are just extensions of you…” @arengrimshaw 8
  • 9. Social Media Marketing: Using Social Media to engage with online communities in order to generate exposure, opportunity and sales. @arengrimshaw 9
  • 10. Some Key Aspects & Terminology • Web 1.0, 2.0 & 4.0 • Real Time • Viral • Authenticity / Transparency • User Generated Content (UGC) • Consumer Generated Media (CGM) @arengrimshaw
  • 11. Putting it in context – Why now? Society Technology • Generation Y / Millennials • Computing Power • Out of Town Shopping • Processor Power • E-commerce • Internet Speeds • Longer Working Hours • Digital Cameras • Migration & Immigration • iPods • Erosion of Community • Smartphones Centres • iPhones / iPads • The Age of Spin @arengrimshaw
  • 12. 1b. The Tools & Technology @arengrimshaw
  • 14. Key Social Media Tools Blogs Social Networks File Sharing Sites Forums Live Streaming Review Systems Geo-tagging Wiki Sites Aggregators @arengrimshaw
  • 15. Facebook • Launched 2004 • 800m+ Active Users • Approx. 30m+ users in the UK (49% of Pop) Source: Social Bakers @arengrimshaw
  • 16. Facebook • 50% log on in any given day • 250m+ access via mobile devices (and are twice as active) • 250m+ people engage with Facebook on external websites • 900m+ objects that people interact with (pages, groups, events & community pages) Source: http://www.facebook.com/press/info.php?statistics Source: http://www.facebook.com/press/info.php?statistics @arengrimshaw
  • 17. An Average user… • 38 years old • 130 229 Friends • Spends 55 minutes on the site per day • Is connected to 80 pages, groups &events • Creates 90 pieces of content each month • Adds 25 comments to content each month Source: Facebook & Flowtown @arengrimshaw
  • 18.
  • 20.
  • 21. Blogs & Blogging • 133m+ blogs • 77% internet users read blogs • Two thirds of bloggers are male • 60% are 18 – 44 years old • 75% have a college education or above • 50%+ are married • 50%+ have kids @arengrimshaw
  • 22. Blogs & Blogging • 56% say their blog has helped their company establish a position as ‘thought-leader’ • 58% of bloggers say they’re better known in their industry as a result • B2B companies that blog generate 67% more leads per month than those who do not. • 94% of bloggers reported measurable SEO benefits within 12 months @arengrimshaw
  • 24. What is Twitter? • Micro-blog • Social Network • Search Engine • Focus Group • News Wire @arengrimshaw
  • 25. Twitter • Launched 2006 • 11 new accounts per second • 200m – 465m registered users • 100m active in a month • 55% log on every day • 200m+ tweets per day • 400m+ unique visitors per month Source: The Next Web & Twitter Blog @arengrimshaw
  • 26. Average user… • Is 39 years old • Has 126 Followers • 64% over 35 years old • 53% are female • 1.6bn search queries on Twitter per day • 43% access via a mobile device Source: Flowtown @arengrimshaw
  • 28. What is LinkedIn? • ‘Professional Network’ • Founded in 2003 • 150m+ members • 200 countries – all 7 continents • 2m Company Pages • Gains 1 new user per second Source: LinkedIn @arengrimshaw
  • 29. Some Statistics • 34m users in Europe • 8m UK users • Average user age of 44 Source: LinkedIn @arengrimshaw
  • 31. Foursquare • Community: Over 15 million people worldwide • Over 1.5 billion check-ins, with millions more every day • Businesses: Over 750,000 using the Merchant Platform Source: Foursquare @arengrimshaw
  • 34. Foursquare Specials @arengrimshaw @arengrimshaw
  • 35. What is Pinterest? • Virtual Pinboard • Users organize and share ‘beautiful things’ they find on the web @arengrimshaw
  • 36. Some Statistics • 13.76m people worldwide visited • Spent an average of 89 minutes on site • 250,000 Britons visited in January – spent an average of 25 minutes on site that month Source: Pinterest & Guardian.co.uk @arengrimshaw
  • 39. 2. Social Media Strategy & Planning @arengrimshaw
  • 40. “A good strategy has an essential logical structure that I call the kernel.” “The kernel of strategy contains three elements: a diagnosis, a guiding policy and coherent action” Good Strategy, Bad Strategy - Richard Rummelt Buy the book @arengrimshaw
  • 41. Innovative thinking should be proactive first and reactive second... Once a strategy is in place, reactive thinking can become more meaningful... It provides the backbone for our actions so we can be confident that we’re reacting in the right way. Chris Griffiths, Grasp the Solution – Buy the book from http://ow.ly/7mfDU @arengrimshaw
  • 42. CARAT Planning Process Research (Diagnosis) Community Aims Resources Concept Approach (Guiding Policy) Implementation (Coherent Actions) Technology @arengrimshaw
  • 43. Community • Customer (the decision maker) A person or organisation that may purchase goods or services directly from you • Influencer A person or organisation that may influence another person or organisation’s decision to purchase • Partner (an ally) Those that share a common goal with your organisation or customers @arengrimshaw
  • 44. Identifying your Community C I P Influencers Customers Partners • Common • Staff Members • Allied Industries Characteristics • Family Members • Other regions • Demographics • Journalists • Suppliers • Technical Ability • Bloggers • Funders Investors • Interests • Politicians • Competitors • Geographic Location @arengrimshaw
  • 45. Aims… The specifics of what will need to be achieved in order to meet the business challenge, and over what timescales. How will you and the client know that the strategy has been a success? @arengrimshaw
  • 46. Aims • SEO: Link building, content factors • Marketing: Promote organisation, brand awareness • PR: Manage reputation, get news out • Sales: New contact routes, increase sales • Engagement: Increase loyalty, foster word of mouth • Research: Identify trends / niches, consultation • Management: Collaboration, knowledge sharing @arengrimshaw
  • 47. Buying Processes & Lifecycles Inactives Suspects Brand Prospects Advocates New Regular Customers Customers Awareness Knowledge Consideration Selection Satisfaction Advocacy
  • 48. Resources • Time & Money • People & Skills • Technology & Equipment • Your ‘Business As Usual Activity’ (BAU) @arengrimshaw
  • 49. Your guiding policy is your big idea, the general concept you are working with… …the later stage will define your specific actions. @arengrimshaw
  • 50. Approach • Visibility ... need to be visible to the target audience • Credibility ...“Don’t tell them you’re funny, tell them a joke” • Value ...establish a “What’s in it for me?” factor • Personality ...everything should be consistent with the brand profile • Responsiveness ...are they setup to deal with responses @arengrimshaw
  • 51. Approach – Practical Elements • Content Marketing • Aggregating or Curation • Networking or Events Marketing • Community Engagement • Word of Mouth or Advocacy Programmes @arengrimshaw
  • 52. Integration • What can be outsourced and what needs to be done internally? • What actions can be embedded within current processes? • What needs to be done to empower the team to perform key actions? • What actions can be automated? @arengrimshaw
  • 53. Measuring results • Link to your aims • Benchmark • KPIs Vs. ROI • Review results regularly • Tweak approach accordingly “Not everything that counts can be measured. Not everything that can be measured counts.” Albert Einstein @arengrimshaw
  • 54. Case Study: UKNetWeb Ltd @arengrimshaw
  • 55. Diagnosis (The Challenge) • Limited Y on Y Growth • Association with smaller projects • Losing to design firms • Operating in small local market @arengrimshaw
  • 56. Guiding Policy • Maximising Potential, Minimising Risk • Focus on technical development • Thought leadership around innovation @arengrimshaw
  • 57. Actions • Webinars & Events • File-Sharing • Social & Professional Networking • Blogging & Micro-Blogging @arengrimshaw
  • 64. Results – Web Traffic @arengrimshaw
  • 65. Results – Bottom Line In a 6 month period: • 500% increase in new business enquiries • 2/3 of all enquiries through social networks • 100% increase in average order values • Opened up UK & international markets • New company created to meet demand • 4 years on.... £100k to £1m+ @arengrimshaw
  • 66. 3. What you should do next @arengrimshaw
  • 67. Consider your own position • What are your strengths and weaknesses? • How can you play to your strengths? • How can you demonstrate your strengths via Social Media? • What opportunities will your business take advantage of, and just as importantly which ones will you ignore? @arengrimshaw
  • 68. What will your strategy be? • Who are your customers, influencers and partners? • What are you aiming to achieve for your business - can you be more specific than increased sales? • What resources are you working with? • How can you use Social Media technology to make you more effective in your role? • What will be your approach to Social Media? • What actions do you need to do daily, weekly or quarterly to achieve your aims? @arengrimshaw
  • 69. How can I help? • Work with your team to develop your internal skills in Social Media • Work with you to develop a Social Media Strategy for your business. • Provide a sounding board for your own campaign or strategies ideas. @arengrimshaw
  • 70. Connecting with Aren: Facebook: aren.grimshaw Twitter: @arengrimshaw LinkedIn: areng FourSquare: arengrimshaw Pinterest: arengrimshaw @arengrimshaw
  • 71. Getting in touch: Tel: 01872 273103 Mob: 07598 242212 Email: info@arengrimshaw.co.uk Web: www.arengrimshaw.co.uk Search for “aren grimshaw” on Google @arengrimshaw

Editor's Notes

  1. http://www.comscore.com/Press_Events/Presentations_Whitepapers/2011/it_is_a_social_world_top_10_need-to-knows_about_social_networkinghttp://thenextweb.com/uk/2011/12/27/uk-businesses-set-to-spend-more-on-social-media-in-2012-says-rbs-report/Continued interest in SM in 2012Interesting that those cutting back is so low – expect to grow as time goes by – lack of strategy and focus on KPIs over ROI
  2. http://mashable.com/2011/11/18/facebook-stats/http://www.allfacebook.com/can-you-guess-the-average-age-of-a-facebook-user-infographic-2010-09
  3. http://thenextweb.com/twitter/2011/09/08/twitter-100m-users-per-month-50-log-on-every-day-55-on-mobile/http://blog.twitter.com/2011/06/200-million-tweets-per-day.html
  4. http://www.guardian.co.uk/technology/2012/feb/28/google-plus-time-dwindles-pinterest?newsfeed=true
  5. If you haven’t bought a copy of this book yet it’s essential reading for anyone interested in strategy – good and bad!
  6. The speed of innovation is no excuse to neglect strategy…We can still be reactive in the day to day… however or strategy provides the backbone that allows us to react in the right way – consistency of brand and message, focus on goals and objectives
  7. Loosely based on the POST Forrester method of SM Strategy planningMost clients start at Technology… then go through CAR… before abandoning as a failure
  8. 2 aspects to Community…The vision of the community (relationship with stakeholders) you would like by the end of the strategyIdentification of the key target groups
  9. SM may be most effectively used on the INFLUENCERS and PARNTERS… however, lots of SM Strategy is dedicated at hitting consumers … rarely the most effective use of resources
  10. “If we don’t know where we’re going, how will we know when we get there?”
  11. Most strategies are dedicated at meeting the first 3Surprising that sales is often neglected Last 3 about resource efficiency – is it not more profitable to increase customer spend or lifetime over gaining new customers? Cutting costs value to bottom line.
  12. Explanation of Customer Lifecycle – need for accurate segmentation of customer base – targeted messages designed to take customers through to the next stage of their journey
  13. Define time before naming an approachSM is not freeWho will be responsible and who will be involved in deliveryWill the website need redevelopment? What phones are people using – smartphones? Is there any internal policies which prohibit access of SM sitesBAU – most important area…How can you increase the reach of engagement of existing activity?What are the standard processes that can be adapted to make the most of the SM opp?
  14. SM cannot be totally outsourced but specific functions can… i.e. copywriting, photography, tech devEmpower staff to use SM reduces demands on one person or department… requires trainingSome actions can be automated through technological solutions… RSS feeds, applications (LI profiles)