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Fall 2010
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SOCIAL MEDIA
for Sustainable Business
       by JoeyShepp.com
ABOUT THE PRESENTER

    Joey Shepp
•   Principal at Earthsite
    New Media Agency for Sustainable Brands

•   Technology Therapist and Eternal Optimist

•   More at http://JoeyShepp.com
ROADMAP
1. Trends         • Lots of Content, Move Quickly
2. Principals     • Presentation Available Online
3. Applications   • Questions at the End
4. How To
WHAT IS SOCIAL MEDIA?

• Social   Networking
• Online Video

• Blogging

• Ratings/Reviews

• Sharing   Content
THE NEW MARKETING
        LANDSCAPE
• Earned Media
  (Public Relations)

• Owned Media
  (Website)

• Advertising
  (Paid)

• Social Media
  (Community)
SOCIAL MEDIA TRENDS
INTERNET TO SURPASS
 2 BILLION USERS THIS YEAR
• 30%of the world population by
 end of this year

• Developed Countries: 71%
 Developing Countries: 21%

• Regionally:
 Europe: 65%
 Americas: 55%
 Asia/Pacific: 21.9%
 Africa: 9.6%
92% OF U.S. TODDLERS
  HAVE ONLINE PRESENCE
                                ~from security firm AVG




The vast majority of children
today will have online
presence by the time they
are two years old — a
presence that will continue
to build throughout their
whole lives.
THE AVERAGE MOBILE PHONE TEENAGER SENDS
 3,339 TEXTS PER MONTH
     Teen females send an incredible 4,050 texts per month,
        while teen males send an average of 2,539 texts
FOUR OUT OF FIVE
      NEW MEDIA USERS
interact with companies and brands online
                                 source
BELIEF THAT SOCIAL MEDIA
PROVIDES AN OPPORTUNITY TO
REACH NEW CUSTOMERS
MiresBall and KRC Research interview Brand Marketers
TWO-THIRDS OF AMERICAN
   NEW MEDIA USERS
    Feel they can influence business
  practices by voicing opinions online.

                                      source
WHAT PEOPLE WANT
          FROM BUSINESSES
• 85%   what’s in products and how they’re made

• 83%   additional details about labels and claims seen offline

• 82% providing a forum for consumers to voice concerns
 over business practices

• 82%   reporting progress on social and environmental issues

• 80%   advocating for social or environmental issues

                                                        source
SOCIAL MEDIA IS PERFECT
  FOR SUSTAINABLE BUSINESS
                               Openness       Authenticity
• Sustainable                  Transparency   Full Disclosure
             Businesses have
 an authentic story

• SustainableBusinesses are
 fine with transparency

• Social
       & environmental
 responsibility is what
 community wants to hear
10 SOCIAL MEDIA PRINCIPLES
1
STARTS WITH LISTENING
2
     COMMUNITY,
    NOT CONSUMERS
3
    SOCIAL CURRENCY
4
       RADICAL
    TRANSPARENCY
5
    MANY TO MANY
6
      REPUTATION
         DRIVES
    ACCOUNTABILITY
7
    REAL TIME
8
    ENGAGEMENT AND
      INTERACTION
9
    PERSONALIZED
10
 HYPER-LOCALIZATION
THE MANY APPLICATIONS
   OF SOCIAL MEDIA
STABILIZE BRAND VALUE
  Give your Brand to your Customers
STABILIZE BRAND VALUE


• Most Volatile Asset

• Sentiment Analysis

• Affects   Stock Prices
DIRECT SALES
Deliver Value Directly to Customers
E-COMMERCE IS TRACKABLE


• Referral   Source
• Conversation   Rate
LEAD GENERATION
Produce Content that Inspires Curiosity to Learn More
SOLAR INSTALLATION LEAD
      GENERATION
REFERRALS
Customer Sharing is Free and more Trusted
THE VALUE OF
   SOCIAL MEDIA "SHARES"
 Eventbright Study

• Facebook: $2.52

• Twitter: $0.43

• LinkedIn: $0.90

• Email: $2.34
SPECIAL OFFERS
Make your customer community special.
DELL OUTLET TWITTER
     $3 million in sales in 2 years
 Cost only the salary of one employee.
CUSTOMER SUPPORT
Responding to and fixing problems creates loyal customers
COMCAST CARES
Dedicated Twitter Account for Customer Support
CROWD SOURCING INNOVATION
 Draw innovation from your customer community.
STARBUCKS SPONSORS
  ECOCUP CONTEST
LOCALIZATION
Social Media allows for localization
 of brands, products and services
ENCOURAGE REGIONAL
INDEPENDENT SOCIAL MEDIA
INDEPENDENT
   MEDIA
List of WholeFoods Regional
       Twitter Accounts
LOCAL
BENEFITS
 Special Offers with
Foursquare Checkins
MICROFINANCE
The provision of financial services to low-income clients, who traditionally
                lack access to banking and related services.
KIVA.ORG
  A total of 220,977 loans have been funded. The average loan
size is $382.77. Its current repayment rate is 98.90%
KICKSTARTER
Groupbuying meets Funding
$50,000 IN 48 HOURS
CSR COMMUNICATIONS
Tell your company’s responsibility story every day
SEVENTH GENERATION

CEO, JEFFREY
HOLLENDER
What the world needs is... "Media
mavens who can leverage social
 media into political change."


• CRS Innovation
• Open Feedback
• Contests for Innovation
ENVIRONMENTAL IMPACT
Social Media is Reduces Environmental Footprint
SOCIAL MEDIA IS
               SUSTAINABLE
• Reduced Travel

• Many
     to Many
 Communications

• Paperless   Office

• Energy Use…
 getting better
SOCIAL GOOD
Use Social Media to Deliver Social Good
MILLION BABY CRAWL

• Seventh Generation

• Consumer Activism
  Campaign

• Toxic Chemical Policy
  Reform
SOCIAL MEDIA HOW TO
ONLINE MARKETING

  Website         Social Media     Advertising


                  Conversations
    Brand
                    Referrals
   Content                         Search Ads
                     Sharing
 Registrations                     Display Ads
                      Ratings
Social Widgets                      Affiliates
                     Reviews
  Contacts
                 Social Networks
SKILLS OF SOCIAL MEDIA
1. Strategy
2. Community Facilitating
3. Blogging and Writing Skills
4. Design, Creative and Production
5. Technical Web Development
6. Targeted Advertising
7. Search Engine Optimization
8. Analytics, Monitoring and Reporting
MEASURING
       SOCIAL MEDIA ROI
• Direct
  (sales/lead gen)

• Baseline: 6-12
  month process

• Brand Sentiment

• Engagements
ENGAGEMENT AS THE BASIS FOR
    SOCIAL CURRENCY

• Responding

• Engagement /
  Participation

• Sharing / Thanking

• User Generated
  Content
RESOURCES NEEDED

Phase/Size        Corporate            Small Biz         Do it yourself

                                    Workshops and
1. Strategy      Hire Consultant
                                      Webinars
                                                           Read Blogs


                                    Marketing Role
2. Setup          Hire Agency
                                     Self-Teaches
                                                           Self-Setup


                 Hire Dedicated      Marketing Role
                                                           30 minutes
3. Maintenance    Social Media     part time on Social
                                                            per day
                    Manager               Media
SOME RECOMMENDED
           TOOLS
                               Small/Medium
                Individual                    Enterprise
                                 Business


  Social
               TweetDeck        Hootsuite     CoTweet
Management


Monitoring/   Google Alerts,
                                Hootsuite      Radian6
 Analytics       Bit.ly
SOCIAL MEDIA IS DIFFERENT
   Old School     New School
      B2C             C2C
    Top Down       Bottom Up
     Closed          Open
   Print Media    Digital Media
   One to Many    Many to Many
     Privacy      Transparency
  Advertisement   Conversation
Remember to

STAY HUMAN
GO FURTHER
   Resources
@JoeyShepp | joeyshepp.com
@Earthsite | earthsite.net
@SocialGoodMedia
TWEET YOUR QUESTIONS
@JoeyShepp YOUR QUESTION #PresidioMBA
This work is licensed under the Creative
   Commons Attribution-Noncommercial-
    Share Alike 3.0 United States License.
   To view a copy of this license, visit http://creativecommons.org/
licenses/by-nc-sa/3.0/us/ or send a letter to Creative Commons, 171
   Second Street, Suite 300, San Francisco, California, 94105, USA.

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Social Media for Sustainable Business [Fall 2010 Refresh]

  • 1. Fall 2010 Refresh SOCIAL MEDIA for Sustainable Business by JoeyShepp.com
  • 2. ABOUT THE PRESENTER Joey Shepp • Principal at Earthsite New Media Agency for Sustainable Brands • Technology Therapist and Eternal Optimist • More at http://JoeyShepp.com
  • 3. ROADMAP 1. Trends • Lots of Content, Move Quickly 2. Principals • Presentation Available Online 3. Applications • Questions at the End 4. How To
  • 4. WHAT IS SOCIAL MEDIA? • Social Networking • Online Video • Blogging • Ratings/Reviews • Sharing Content
  • 5. THE NEW MARKETING LANDSCAPE • Earned Media (Public Relations) • Owned Media (Website) • Advertising (Paid) • Social Media (Community)
  • 7. INTERNET TO SURPASS 2 BILLION USERS THIS YEAR • 30%of the world population by end of this year • Developed Countries: 71% Developing Countries: 21% • Regionally: Europe: 65% Americas: 55% Asia/Pacific: 21.9% Africa: 9.6%
  • 8. 92% OF U.S. TODDLERS HAVE ONLINE PRESENCE ~from security firm AVG The vast majority of children today will have online presence by the time they are two years old — a presence that will continue to build throughout their whole lives.
  • 9. THE AVERAGE MOBILE PHONE TEENAGER SENDS 3,339 TEXTS PER MONTH Teen females send an incredible 4,050 texts per month, while teen males send an average of 2,539 texts
  • 10. FOUR OUT OF FIVE NEW MEDIA USERS interact with companies and brands online source
  • 11. BELIEF THAT SOCIAL MEDIA PROVIDES AN OPPORTUNITY TO REACH NEW CUSTOMERS MiresBall and KRC Research interview Brand Marketers
  • 12. TWO-THIRDS OF AMERICAN NEW MEDIA USERS Feel they can influence business practices by voicing opinions online. source
  • 13. WHAT PEOPLE WANT FROM BUSINESSES • 85% what’s in products and how they’re made • 83% additional details about labels and claims seen offline • 82% providing a forum for consumers to voice concerns over business practices • 82% reporting progress on social and environmental issues • 80% advocating for social or environmental issues source
  • 14. SOCIAL MEDIA IS PERFECT FOR SUSTAINABLE BUSINESS Openness Authenticity • Sustainable Transparency Full Disclosure Businesses have an authentic story • SustainableBusinesses are fine with transparency • Social & environmental responsibility is what community wants to hear
  • 15. 10 SOCIAL MEDIA PRINCIPLES
  • 17. 2 COMMUNITY, NOT CONSUMERS
  • 18. 3 SOCIAL CURRENCY
  • 19. 4 RADICAL TRANSPARENCY
  • 20. 5 MANY TO MANY
  • 21. 6 REPUTATION DRIVES ACCOUNTABILITY
  • 22. 7 REAL TIME
  • 23. 8 ENGAGEMENT AND INTERACTION
  • 24. 9 PERSONALIZED
  • 26. THE MANY APPLICATIONS OF SOCIAL MEDIA
  • 27. STABILIZE BRAND VALUE Give your Brand to your Customers
  • 28. STABILIZE BRAND VALUE • Most Volatile Asset • Sentiment Analysis • Affects Stock Prices
  • 29. DIRECT SALES Deliver Value Directly to Customers
  • 30. E-COMMERCE IS TRACKABLE • Referral Source • Conversation Rate
  • 31. LEAD GENERATION Produce Content that Inspires Curiosity to Learn More
  • 33. REFERRALS Customer Sharing is Free and more Trusted
  • 34. THE VALUE OF SOCIAL MEDIA "SHARES" Eventbright Study • Facebook: $2.52 • Twitter: $0.43 • LinkedIn: $0.90 • Email: $2.34
  • 35. SPECIAL OFFERS Make your customer community special.
  • 36. DELL OUTLET TWITTER $3 million in sales in 2 years Cost only the salary of one employee.
  • 37. CUSTOMER SUPPORT Responding to and fixing problems creates loyal customers
  • 38. COMCAST CARES Dedicated Twitter Account for Customer Support
  • 39. CROWD SOURCING INNOVATION Draw innovation from your customer community.
  • 40. STARBUCKS SPONSORS ECOCUP CONTEST
  • 41. LOCALIZATION Social Media allows for localization of brands, products and services
  • 43. INDEPENDENT MEDIA List of WholeFoods Regional Twitter Accounts
  • 44. LOCAL BENEFITS Special Offers with Foursquare Checkins
  • 45. MICROFINANCE The provision of financial services to low-income clients, who traditionally lack access to banking and related services.
  • 46. KIVA.ORG A total of 220,977 loans have been funded. The average loan size is $382.77. Its current repayment rate is 98.90%
  • 48. $50,000 IN 48 HOURS
  • 49. CSR COMMUNICATIONS Tell your company’s responsibility story every day
  • 50. SEVENTH GENERATION CEO, JEFFREY HOLLENDER What the world needs is... "Media mavens who can leverage social media into political change." • CRS Innovation • Open Feedback • Contests for Innovation
  • 51. ENVIRONMENTAL IMPACT Social Media is Reduces Environmental Footprint
  • 52. SOCIAL MEDIA IS SUSTAINABLE • Reduced Travel • Many to Many Communications • Paperless Office • Energy Use… getting better
  • 53. SOCIAL GOOD Use Social Media to Deliver Social Good
  • 54. MILLION BABY CRAWL • Seventh Generation • Consumer Activism Campaign • Toxic Chemical Policy Reform
  • 56. ONLINE MARKETING Website Social Media Advertising Conversations Brand Referrals Content Search Ads Sharing Registrations Display Ads Ratings Social Widgets Affiliates Reviews Contacts Social Networks
  • 57. SKILLS OF SOCIAL MEDIA 1. Strategy 2. Community Facilitating 3. Blogging and Writing Skills 4. Design, Creative and Production 5. Technical Web Development 6. Targeted Advertising 7. Search Engine Optimization 8. Analytics, Monitoring and Reporting
  • 58. MEASURING SOCIAL MEDIA ROI • Direct (sales/lead gen) • Baseline: 6-12 month process • Brand Sentiment • Engagements
  • 59. ENGAGEMENT AS THE BASIS FOR SOCIAL CURRENCY • Responding • Engagement / Participation • Sharing / Thanking • User Generated Content
  • 60. RESOURCES NEEDED Phase/Size Corporate Small Biz Do it yourself Workshops and 1. Strategy Hire Consultant Webinars Read Blogs Marketing Role 2. Setup Hire Agency Self-Teaches Self-Setup Hire Dedicated Marketing Role 30 minutes 3. Maintenance Social Media part time on Social per day Manager Media
  • 61. SOME RECOMMENDED TOOLS Small/Medium Individual Enterprise Business Social TweetDeck Hootsuite CoTweet Management Monitoring/ Google Alerts, Hootsuite Radian6 Analytics Bit.ly
  • 62. SOCIAL MEDIA IS DIFFERENT Old School New School B2C C2C Top Down Bottom Up Closed Open Print Media Digital Media One to Many Many to Many Privacy Transparency Advertisement Conversation
  • 64. GO FURTHER Resources
  • 65.
  • 66. @JoeyShepp | joeyshepp.com @Earthsite | earthsite.net @SocialGoodMedia
  • 67. TWEET YOUR QUESTIONS @JoeyShepp YOUR QUESTION #PresidioMBA
  • 68. This work is licensed under the Creative Commons Attribution-Noncommercial- Share Alike 3.0 United States License. To view a copy of this license, visit http://creativecommons.org/ licenses/by-nc-sa/3.0/us/ or send a letter to Creative Commons, 171 Second Street, Suite 300, San Francisco, California, 94105, USA.

Editor's Notes

  1. Join our email list and we’ll send you a copy of this presentation plus a social media cheat sheet.
  2. http://mashable.com/2010/10/19/internet-2-billion/
  3. http://mashable.com/2010/10/07/toddlers-online-presence/
  4. http://mashable.com/2010/10/14/nielsen-texting-stats/
  5. http://mashable.com/2010/10/14/social-commerce-study/
  6. Social Media is Cheap, but takes time.