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Why Social Media Matters

 Marketing Excellence on the Web
        Omaha Chamber
          January 2013
Why Social Media Matters
• People tune out advertising, but trust
  recommendations
• Doing Social Media can get you Leads,
  Recruits, and Brand Awareness, but you have
  to do it correctly
• ROI can be significantly higher than other
  forms of advertising
“This is a very
noisy world.”
Why You Should Care
Percent trusting medium “Completely or Somewhat”




                                                   Source: Nielsen, 2012
Sales Start with Search
             2. Evaluate



1. Need       5. Bond          3. Buy



            4. Experience


                               Source: McKinsey
Two Big Ideas
• “99% of purchases of a complex
  product or service begin with a
  Google Search.”

• “57% of the customer’s buying
  process is done before having a
  conversation with a supplier.”
Sales Start with Search
                            • Average consumer
                              consumes 10 pieces of
                              information during
             2. Evaluate      search
                            • What does their
                              network say?



1. Need       5. Bond               3. Buy



            4. Experience


                                    Source: McKinsey
Sales Start with Search
                              2. Evaluate



        1. Need                5. Bond       3. Buy



                             4. Experience
• Social Media touches
  customers after sale
  (Customer Service, User
  groups, R&D)
• Customers can evangelize                   Source: McKinsey
Endorsed Impressions Drive 40%
      Increase in Buying




 • People exposed to Starbucks’ brand messages by their
   friends’ Facebook actions (likes, comments, etc.) are 40%
   more likely to buy than control group
                                          Source: ComScore, Facebook
Let’s Let’s Start Blog!
   So start a a Blog!
But This Stuff is Hard
Blogs Updated within the Last 120 Days
N= 133,000,000




                                         Source: Technorati, 2008
No Strategy, No Success
                            • Target Segment
                            • Value Proposition
                            • Competitive
                       OR     Positioning
                            • Key influencers
                            • Changes in Industry
Cute Kitten Contest!
                            • Trusted Sources
                            • Etc. etc. etc.
What Success Looks Like
What Is Required        What You Can Get
1. Create Distinctive   • Leads
   Content
                        • Employees
2. Build an Audience
                        • Brand Awareness
3. Get people to take
   an offline action    • Reputation Defense
More Blogging = More Traffic




                       Source: Hubspot, 2012
Twitter Threshold




                    Source: Hubspot, 2012
Facebook Threshold




                     Source: Hubspot, 2012
All the pieces should fit

             Blog




           Your Hub
           (website)




          Newsletter
CLIENT DATA-- ANONYMIZED

            Professional Services Example
Thousand Impressions per $1250                                           SMC
                                                                         B2B Site
400                                                                      AdWords*
                                                           350
350                                                                   306
300                                            260

250

200

150

100                                 88
                           83
 50             13                                                          21
  0 5                                                                       19
  Month 1    Month 2    Month 3   Month 4   Month 5     Month 6      Month 7
                                  *AdWords keywords for Professional Service Firm
                                      Source: Google, B2B ratecards, SMC Analysis
CLIENT DATA-- ANONYMIZED

                    Health Care Example
Thousand Impressions per $5000                                         SMC
                                                                       Eldercare site
300                                                                    AdWords*

                                                                    256
250

200

150

100                                                88                     104
                                   69
 50
                     12
                                                                           29
  0 9
  Month 1          Month 2       Month 3         Month 4          Month 5
                                 *AdWords keywords for Healthcare target segment
                                     Source: Google, ratecards, SMC Analysis
CLIENT DATA-- ANONYMIZED

                 Manufacturing Example                                     SMC
Thousand Impressions per $2500
                                                                           B2B site
140                                                                        AdWords*
                                                                        120
120
                                                 103
100

 80

 60
                                                                                 60
 40                       32

 20                                                                              24
      13
  0
  Month 1               Month 2                 Month 3                Month 4
                                 *AdWords keywords for Manufacturing Target segment
                                         Source: Google, B2B ratecards, SMC Analysis
CLIENT DATA-- ANONYMIZED

                     Education Example
Thousand Impressions per $2500                                            SMC
                                                                          ESPN.com
250                                                                       AdWords*
                                                                        228

200


150
                                                                              125

100
                                                                              84

 50

                                      22
  0 13
  Month 1                          Month 2                            Month 3
                                 *AdWords keywords for “Manufacturing Jobs Careers”
                                        Source: Google, ESPN ratecard, SMC Analysis
Thing You Can Do Today
• Start developing your strategy
  – What Distinctive Content could you create?
  – How would you build an audience on each
    platform?
  – What offline action do you want them to take?
• Identify key influencers on Social Media
• Identify key information sources
• Start using Twitter personally
  – Make a Twitter List
  – Start using Buffer (bufferapp.com)
Where to Find Us
• Adrian Blake, CEO Social Media Contractors
• Strategy and Execution
• Socialmediacontractors.com


• @adrianblake
• @smcontent

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SMC | Why Social Media Matters

  • 1. Why Social Media Matters Marketing Excellence on the Web Omaha Chamber January 2013
  • 2. Why Social Media Matters • People tune out advertising, but trust recommendations • Doing Social Media can get you Leads, Recruits, and Brand Awareness, but you have to do it correctly • ROI can be significantly higher than other forms of advertising
  • 3. “This is a very noisy world.”
  • 4. Why You Should Care Percent trusting medium “Completely or Somewhat” Source: Nielsen, 2012
  • 5. Sales Start with Search 2. Evaluate 1. Need 5. Bond 3. Buy 4. Experience Source: McKinsey
  • 6. Two Big Ideas • “99% of purchases of a complex product or service begin with a Google Search.” • “57% of the customer’s buying process is done before having a conversation with a supplier.”
  • 7. Sales Start with Search • Average consumer consumes 10 pieces of information during 2. Evaluate search • What does their network say? 1. Need 5. Bond 3. Buy 4. Experience Source: McKinsey
  • 8. Sales Start with Search 2. Evaluate 1. Need 5. Bond 3. Buy 4. Experience • Social Media touches customers after sale (Customer Service, User groups, R&D) • Customers can evangelize Source: McKinsey
  • 9. Endorsed Impressions Drive 40% Increase in Buying • People exposed to Starbucks’ brand messages by their friends’ Facebook actions (likes, comments, etc.) are 40% more likely to buy than control group Source: ComScore, Facebook
  • 10. Let’s Let’s Start Blog! So start a a Blog!
  • 11.
  • 12. But This Stuff is Hard Blogs Updated within the Last 120 Days N= 133,000,000 Source: Technorati, 2008
  • 13. No Strategy, No Success • Target Segment • Value Proposition • Competitive OR Positioning • Key influencers • Changes in Industry Cute Kitten Contest! • Trusted Sources • Etc. etc. etc.
  • 14. What Success Looks Like What Is Required What You Can Get 1. Create Distinctive • Leads Content • Employees 2. Build an Audience • Brand Awareness 3. Get people to take an offline action • Reputation Defense
  • 15. More Blogging = More Traffic Source: Hubspot, 2012
  • 16. Twitter Threshold Source: Hubspot, 2012
  • 17. Facebook Threshold Source: Hubspot, 2012
  • 18.
  • 19. All the pieces should fit Blog Your Hub (website) Newsletter
  • 20. CLIENT DATA-- ANONYMIZED Professional Services Example Thousand Impressions per $1250 SMC B2B Site 400 AdWords* 350 350 306 300 260 250 200 150 100 88 83 50 13 21 0 5 19 Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 *AdWords keywords for Professional Service Firm Source: Google, B2B ratecards, SMC Analysis
  • 21. CLIENT DATA-- ANONYMIZED Health Care Example Thousand Impressions per $5000 SMC Eldercare site 300 AdWords* 256 250 200 150 100 88 104 69 50 12 29 0 9 Month 1 Month 2 Month 3 Month 4 Month 5 *AdWords keywords for Healthcare target segment Source: Google, ratecards, SMC Analysis
  • 22. CLIENT DATA-- ANONYMIZED Manufacturing Example SMC Thousand Impressions per $2500 B2B site 140 AdWords* 120 120 103 100 80 60 60 40 32 20 24 13 0 Month 1 Month 2 Month 3 Month 4 *AdWords keywords for Manufacturing Target segment Source: Google, B2B ratecards, SMC Analysis
  • 23. CLIENT DATA-- ANONYMIZED Education Example Thousand Impressions per $2500 SMC ESPN.com 250 AdWords* 228 200 150 125 100 84 50 22 0 13 Month 1 Month 2 Month 3 *AdWords keywords for “Manufacturing Jobs Careers” Source: Google, ESPN ratecard, SMC Analysis
  • 24. Thing You Can Do Today • Start developing your strategy – What Distinctive Content could you create? – How would you build an audience on each platform? – What offline action do you want them to take? • Identify key influencers on Social Media • Identify key information sources • Start using Twitter personally – Make a Twitter List – Start using Buffer (bufferapp.com)
  • 25. Where to Find Us • Adrian Blake, CEO Social Media Contractors • Strategy and Execution • Socialmediacontractors.com • @adrianblake • @smcontent