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Social Media for Sustained Export Growth Dr. Jim Hamill Alan Stevenson Vincent Hamill www.energise2-0.com October, 2011
Background 30 years International Management  Development Experience – mainly  Export Marketing and International Business Since 1995 – focus on e-Marketing Passionate about the   potential of social media  for SME internationalisation
A 10 Minute Agenda Used effectively, Social Media can help  to overcome many of the ‘traditional’  barriers to SME internationalisation Focus on 4 main areas: ,[object Object]
‘Hub’ sites – knowledge based and e-marketplaces (for selling)
Making the right connections/ building a quality online network
Practical advice – ‘next steps’,[object Object]
www.energise2-0.com More detail on our blog - ‘Topic Index’ – ‘Internationalisation’
The Social Media  Revolution
How Big Is It?
Social Media Monitoring Tools  and SME Exporting
SMM and SME Exporting Lack of foreign market knowledge and limited resources for export market research/country screening are two of the main barriers to SME internationalisation Used effectively, Social Media Monitoring tools can help to overcome these barriers Online conversations are already taking place relevant to your business, your brand, your industry.  Are you ‘listening’?
Are You Listening? NOT a broadcast medium.  Its about listening to and engaging with customers, partners, your community, your tribe  This is something we are not very good at doing.  We prefer telling people how good we are We have two eyes, two ears and one MOUSE for a reason
Monitoring the Conversations Use Social Media Monitoring Tools to  develop ‘actionable insights’ from the  online conversations taking place relevant  to your brand – also for measuring  ‘online brand buzz’ No or low cost tools such as Google Alerts, Yahoo Pipes, Social Mention, Topsy, IceRocket, Blogscope, Blogpulse and ViralHeat More expensive and sophisticated tools such as Radian6, Alterian SM2, Sysomos Heartbeat and InfegySocialRadar
Social Media Monitoring
You can develop a customised Social Media Monitoring System to meet your own needs
Quick Example Where are the Conversations taking place about ‘Organic Foods’?
4,000+ Mentions per Month
Should You Be Involved?
Useful?
Use of Export ‘Hub’ Sites
Export ‘Hub’ Sites Participation in export support sites, e-marketplaces etc can help to develop a more global ‘mindset’, generate greater awareness, enthusiasm, confidence and sales Can help to speed up the internationalisation process leading to quicker ROI
Export ‘Hub’ Sites Very large number of sites...... General export support Online Markets Industry specific
General Export Support Sites
UKTI - Britain Open for Business
General Export Support Sites
General Export Support Sites
General Export Support Sites
globalEDGE
Online  Markets
Good Article
General Marketplaces
General Marketplaces
General Marketplaces
Industry  Specific Communities
BioSpace
Food
Drink
Fashion
Make the “Right” Connections
Building a Quality International Customer Base/ A Quality Network  Quick Example from Linkedin
The Company A new business start-up Supplier of hi-tech solutions to the neurotechnology and optogenetic sectors Project Task Identify most attractive potential international customers and a communications plan for engagement Who, Where, How?
Quality Customer Growth Programme Start with a ‘Customer Mapping Exercise Identified 3 main customer groups Individuals in neuroscience Neuroscience/optogenetic institutes, firms and clusters Individuals in optogenetics Used Linkedin for building a customer database..... Then position on the Customer Value Matrix Communications strategy emerged from this.......
Linkedin Research 39,666 neuroscience profiles on Linkedin 100 neuroscience institutes, firms, clusters 246 neurotechnology companies 22 individuals in optogenetics Further filtered to identify the Top 50 ‘best sales prospects’
39,666 Neuroscience People
246 Neuroscience Companies
22 Optogenetics People
Society of Neuroscience 2,889 Members
Practical Advice and Next Steps to  Avoid the Road to  Nowhere
Next Steps Web 1.0: Audit your web site and web site marketing to ensure that they are fully aligned with and supportive of agreed business/export goals/objectives  Set up a Social Media Monitoring/Listening System to develop ‘actionable insights’ Search, join, lurk, participate in ‘external’ ‘hubs’, forums, groups etc
Next Steps Develop your own social media channels: Blog – for ‘telling the story’ and helps with SEO Twitter Linkedin Youtube where appropriate etc Make sure that you have agreed Objectives, KPIs, Targets etc and a procedure in place for monitoring social media performance, business impact and ROI ,[object Object],[object Object]

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