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291
SOCIAL
MEDIA
Has Changed The Way We Do Business.
Social Media Has Changed The Way We Do Business -- Produced by Shaun Cook, CMO (Chief Marketing Outlaw) – PMG Media
292
ADVERTISING AND
MARKETING USED TO
BE ABOUT…
THE ADVERTISING ERA
293
294
BUT NOW,
ADVERTISING AND
MARKETING ARE ABOUT…
THE SOCIAL ERA
295
BUILDING BRAND EXPOSURE
BUILDING AUTHORITY & DRIVING TRAFFIC
INCREASING AUDIENCE ENGAGEMENT
TELLING YOUR STORY
GROWING B2B NETWORK
296
SOCIAL MEDIA MARKETING
“It’s about creating engaging conversations, building trust and
connecting with your customers. It’s about starting a dialogue…not
performing a monologue. It’s Google+, Facebook, Twitter, LinkedIn,
blogs and so much more.”
297
THE FACTS
Social Media
298
1.32284
1+
359
332
70
Billion
Users
Million
Registered
Users
Billion Users
Million Active
Monthly Users
Million
Users
Million Users
Professional networking,
job search and recruitment
Micro–blogging/Content sharing
Social networking, interacting
with favorite brands
Video content sharing
Infographic content
sharing
Content sharing; search
engine integrated
299
4.1hours
2.2hours
2.19hours
2.21 hours
ONLINE MEDIA USE
AVERAGE TIME AMERICAN ADULTS SPEND USING MEDIA
Americans spend more time online than any
other media…And social networking is the #1
online activity in the U.S.
Source: eMarketer
2910
SOCIAL MEDIA USE BY AGE
0
10
20
30
40
50
60
70
80
90
100
Feb-05 Aug-06 May-08 Apr-09 May-10 Aug-11 Feb-12 Aug-12 Dec-12 May-13 Sep-13
2005-2013
90 %Age 18-29
Net growth
Net Growth Rate (%)
78 %Age 30-49
Net growth
73 %All Internet Users
Net growth
65 %50-64
Net growth
46 %65+
Net growth
Source: Pew Research Center’s Project Library Survey, July 18—September 30,
2013
2911
Trust Peer Recommendations
78%
Trust Advertisements
14%
Not Sure Who To Trust
8%
SOCIAL TRUST
WHO DO CONSUMERS TRUST THE MOST
Everyone has their own “circle
of trust.” Family and friends
whose opinions matter and
are valued above
advertisements, no amount of
marketing, social or
otherwise, can break this
bond.
“People are not just
demographics anymore, to
connect with them you have
to understand…relationships
are more powerful than any
form of marketing.”
2912
THE TRUTH
PEOPLE DON’T CARE ABOUT YOUR ADS...
THEY CARE ABOUT WHAT THEIR ASSOCIATES, PEERS, AND COMPETITORS
THINK.
“I believe the bloggers and their ideas.
They are my friends and will tell me the truth, unlike advertisements.”
Source: http://china.seekingalpha.com/article/30979
2913
THE MONEYWHAT SOCIAL MEDIA MEANS FOR BUSINESS
2914
69%86%
OF B2B COMPANIES
USE SOCIAL MEDIA
OF B2B COMPANIES
SHIFTING MARKETING
DOLLARS TO SOCIAL MEDIA
OF B2B BUYERS USE
SOCIAL MEDIA TO
ENGAGE WITH
VENDORS
77%
OF B2B BUYERS SAY
THEY ARE MORE
LIKELY TO BUY
FROM A COMPANY
WHOSE CEO
USES SOCIAL MEDIA
BUSINESS IS SOCIAL
B2B IS USING SOCIAL MEDIA
45%
Sources: btbonline.com, forbes.com
2915
Social media gives you the power to broadcast targeted messages to
millions of customers in a fraction of the time of traditional media. And
the cost to deliver your message is embarrassing less with social
marketing versus traditional marketing.
BUSINESS BROADCASTING TOWER
2916
ADVERTISING VS SOCIAL
TRADITIONAL CONSUMER REACH
Communicating a single message before social media
meant limited reach.
2917
ADVERTISING VS SOCIAL
SOCIAL CONSUMER REACH
Communicating a single message after
social media…exponential reach.
2918
Social Marketing costs
62% lessper lead than Traditional Marketing.
Costs Per Lead
Source: HubSpot
TRADITIONAL VS SOCIAL MARKETING
THE COST OF DOING BUSINESS
$373
$143
$0
$50
$100
$150
$200
$250
$300
$350
$400
Traditional Marketing
(Outbound)
Social Marketing
(Inbound)
2919
With so much information shared daily the purpose of media has shifted
from gaining the attention of customers to gaining the
trust of customers.
On–topic, fresh and engaging content ensures higher levels of audience
engagement and participation. “Today’s customers want to feel like they
are a part of the conversation - a part of your brand…
your conversation is your brand.”
THE NEW PARADIGM
2920
A SOCIAL STRATEGY
THAT WORKS
BUSINESSES MUST IMPLEMENT
2921
Where Do We Start
INSIGHT & ANALYSIS
2922
OPTIMIZE
REVISE AND POST
ANALYZE
LSITEN TO YOUR AUDIENCE
Research what your audience is liking and
sharing and shift your campaign to those
efforts
ENGAGE
DRIVE TRAFFIC
Ask questions, participate, connect
GOALS
SET GOALS AND OBJECTIVES
LISTEN
GET TO KNOW YOUR
AUDIENCE
Listen to what your current customers are
saying and what social channels they use
BUILD
SELECT SOCIAL CHANNELS
Build website, design social channels,
develop content marketing campaign
2923
EXAMPLE SOCIAL CAMPAIGN
Objectives
• Position XYZ Company as a smarter
alternative to Company A and
Company B
• Increase awareness of XYZ
Company in selected region over the
next 6 months.
• Build social brand exposure through
suggestive education and
awareness
GOALS AND OBJECTIVES (3 MONTH)
50%
Monthly
Audience
Increase
5
Blog Posts/
week
1
eBook/
month
5
Email Signups
10 eBook
Downloads
5
Infographics
10
Retweets
2924
24Blog Posts
309Tweets
47
Posts
47Posts
4Videos
21
Updates
30 DAY SNAPSHOT EXAMPLE
Social Media Content Distribution 7Infographics
6Emails
2 eBooks
1 PowerPoint Presentation
4 Retweets
13 eBook Downloads
2 Email Signups
Collateral Content
2925
CHOOSE YOUR CHANNELS WISELY
BEST SOCIAL MEDIA NETWORKS FOR PROMOTING B2B
CONTENT
Website/
Blog
LinkedIn TwitterFacebookGoogle YouTube
USE YOUR SOCIAL CHANNELS TO
ENGAGE AND DRIVE TRAFFIC
Source: 2014 Content Marketing Trends – North America: North America Content Marketing Institute/MarketingProfs
USE YOUR SOCIAL MARKETING STRATEGY AS
THE CONDUIT BETWEEEN YOUR AUDIENCE AND
VALUABLE CONTENT
2926
THE TRUTHBEFORE PEOPLE WILL TRUST YOU WITH THEIR TIME, MONEY, OR SUPPORT
THEY WANT TO KNOW IF YOU’RE TRUSTWORTHY.
“The goal is to position yourself as a trustworthy source of engaging, on-topic
information, not to try to cram products down customers’ throats. This is the time to talk,
form a relationship and build positive awareness of and about your brand.”
2927
PROFITING
ENGAGED BRANDS ARE
“It took us 8 years to reach 1.5 million registered users in
the era of email. It took us only 5 months to acquire the
same number of users on Facebook.”
Harvard Lures a Record 37,000 Applicants By Milking Social Media
of Ford’s entire marketing budget
is spent on social marketing25%
In a single year Dell generated $6.5 million in sales from Twitter alone
2928
DISCOVER THE VALUE OF SOCIAL MEDIA
A properly executed comprehensive social marketing campaign, not
only levels the playing field, but it also lays the foundation for market
domination.
“You either lead and dominate or get left behind…. ” Rob Gentile
2929
facebook.com/360pmgmedia
@360pmg | @shaunbcook
dropusaline2@gmail.com
CONTACT US
FOR A COMPREHENSIVE SOCIAL MARKETING STRATEGY
Smart Marketing Made Simple
www.smartmarketingmadesimple.com

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Social Media Has Changed The Way We Do Business

  • 1. 291 SOCIAL MEDIA Has Changed The Way We Do Business. Social Media Has Changed The Way We Do Business -- Produced by Shaun Cook, CMO (Chief Marketing Outlaw) – PMG Media
  • 5. THE SOCIAL ERA 295 BUILDING BRAND EXPOSURE BUILDING AUTHORITY & DRIVING TRAFFIC INCREASING AUDIENCE ENGAGEMENT TELLING YOUR STORY GROWING B2B NETWORK
  • 6. 296 SOCIAL MEDIA MARKETING “It’s about creating engaging conversations, building trust and connecting with your customers. It’s about starting a dialogue…not performing a monologue. It’s Google+, Facebook, Twitter, LinkedIn, blogs and so much more.”
  • 8. 298 1.32284 1+ 359 332 70 Billion Users Million Registered Users Billion Users Million Active Monthly Users Million Users Million Users Professional networking, job search and recruitment Micro–blogging/Content sharing Social networking, interacting with favorite brands Video content sharing Infographic content sharing Content sharing; search engine integrated
  • 9. 299 4.1hours 2.2hours 2.19hours 2.21 hours ONLINE MEDIA USE AVERAGE TIME AMERICAN ADULTS SPEND USING MEDIA Americans spend more time online than any other media…And social networking is the #1 online activity in the U.S. Source: eMarketer
  • 10. 2910 SOCIAL MEDIA USE BY AGE 0 10 20 30 40 50 60 70 80 90 100 Feb-05 Aug-06 May-08 Apr-09 May-10 Aug-11 Feb-12 Aug-12 Dec-12 May-13 Sep-13 2005-2013 90 %Age 18-29 Net growth Net Growth Rate (%) 78 %Age 30-49 Net growth 73 %All Internet Users Net growth 65 %50-64 Net growth 46 %65+ Net growth Source: Pew Research Center’s Project Library Survey, July 18—September 30, 2013
  • 11. 2911 Trust Peer Recommendations 78% Trust Advertisements 14% Not Sure Who To Trust 8% SOCIAL TRUST WHO DO CONSUMERS TRUST THE MOST Everyone has their own “circle of trust.” Family and friends whose opinions matter and are valued above advertisements, no amount of marketing, social or otherwise, can break this bond. “People are not just demographics anymore, to connect with them you have to understand…relationships are more powerful than any form of marketing.”
  • 12. 2912 THE TRUTH PEOPLE DON’T CARE ABOUT YOUR ADS... THEY CARE ABOUT WHAT THEIR ASSOCIATES, PEERS, AND COMPETITORS THINK. “I believe the bloggers and their ideas. They are my friends and will tell me the truth, unlike advertisements.” Source: http://china.seekingalpha.com/article/30979
  • 13. 2913 THE MONEYWHAT SOCIAL MEDIA MEANS FOR BUSINESS
  • 14. 2914 69%86% OF B2B COMPANIES USE SOCIAL MEDIA OF B2B COMPANIES SHIFTING MARKETING DOLLARS TO SOCIAL MEDIA OF B2B BUYERS USE SOCIAL MEDIA TO ENGAGE WITH VENDORS 77% OF B2B BUYERS SAY THEY ARE MORE LIKELY TO BUY FROM A COMPANY WHOSE CEO USES SOCIAL MEDIA BUSINESS IS SOCIAL B2B IS USING SOCIAL MEDIA 45% Sources: btbonline.com, forbes.com
  • 15. 2915 Social media gives you the power to broadcast targeted messages to millions of customers in a fraction of the time of traditional media. And the cost to deliver your message is embarrassing less with social marketing versus traditional marketing. BUSINESS BROADCASTING TOWER
  • 16. 2916 ADVERTISING VS SOCIAL TRADITIONAL CONSUMER REACH Communicating a single message before social media meant limited reach.
  • 17. 2917 ADVERTISING VS SOCIAL SOCIAL CONSUMER REACH Communicating a single message after social media…exponential reach.
  • 18. 2918 Social Marketing costs 62% lessper lead than Traditional Marketing. Costs Per Lead Source: HubSpot TRADITIONAL VS SOCIAL MARKETING THE COST OF DOING BUSINESS $373 $143 $0 $50 $100 $150 $200 $250 $300 $350 $400 Traditional Marketing (Outbound) Social Marketing (Inbound)
  • 19. 2919 With so much information shared daily the purpose of media has shifted from gaining the attention of customers to gaining the trust of customers. On–topic, fresh and engaging content ensures higher levels of audience engagement and participation. “Today’s customers want to feel like they are a part of the conversation - a part of your brand… your conversation is your brand.” THE NEW PARADIGM
  • 20. 2920 A SOCIAL STRATEGY THAT WORKS BUSINESSES MUST IMPLEMENT
  • 21. 2921 Where Do We Start INSIGHT & ANALYSIS
  • 22. 2922 OPTIMIZE REVISE AND POST ANALYZE LSITEN TO YOUR AUDIENCE Research what your audience is liking and sharing and shift your campaign to those efforts ENGAGE DRIVE TRAFFIC Ask questions, participate, connect GOALS SET GOALS AND OBJECTIVES LISTEN GET TO KNOW YOUR AUDIENCE Listen to what your current customers are saying and what social channels they use BUILD SELECT SOCIAL CHANNELS Build website, design social channels, develop content marketing campaign
  • 23. 2923 EXAMPLE SOCIAL CAMPAIGN Objectives • Position XYZ Company as a smarter alternative to Company A and Company B • Increase awareness of XYZ Company in selected region over the next 6 months. • Build social brand exposure through suggestive education and awareness GOALS AND OBJECTIVES (3 MONTH) 50% Monthly Audience Increase 5 Blog Posts/ week 1 eBook/ month 5 Email Signups 10 eBook Downloads 5 Infographics 10 Retweets
  • 24. 2924 24Blog Posts 309Tweets 47 Posts 47Posts 4Videos 21 Updates 30 DAY SNAPSHOT EXAMPLE Social Media Content Distribution 7Infographics 6Emails 2 eBooks 1 PowerPoint Presentation 4 Retweets 13 eBook Downloads 2 Email Signups Collateral Content
  • 25. 2925 CHOOSE YOUR CHANNELS WISELY BEST SOCIAL MEDIA NETWORKS FOR PROMOTING B2B CONTENT Website/ Blog LinkedIn TwitterFacebookGoogle YouTube USE YOUR SOCIAL CHANNELS TO ENGAGE AND DRIVE TRAFFIC Source: 2014 Content Marketing Trends – North America: North America Content Marketing Institute/MarketingProfs USE YOUR SOCIAL MARKETING STRATEGY AS THE CONDUIT BETWEEEN YOUR AUDIENCE AND VALUABLE CONTENT
  • 26. 2926 THE TRUTHBEFORE PEOPLE WILL TRUST YOU WITH THEIR TIME, MONEY, OR SUPPORT THEY WANT TO KNOW IF YOU’RE TRUSTWORTHY. “The goal is to position yourself as a trustworthy source of engaging, on-topic information, not to try to cram products down customers’ throats. This is the time to talk, form a relationship and build positive awareness of and about your brand.”
  • 27. 2927 PROFITING ENGAGED BRANDS ARE “It took us 8 years to reach 1.5 million registered users in the era of email. It took us only 5 months to acquire the same number of users on Facebook.” Harvard Lures a Record 37,000 Applicants By Milking Social Media of Ford’s entire marketing budget is spent on social marketing25% In a single year Dell generated $6.5 million in sales from Twitter alone
  • 28. 2928 DISCOVER THE VALUE OF SOCIAL MEDIA A properly executed comprehensive social marketing campaign, not only levels the playing field, but it also lays the foundation for market domination. “You either lead and dominate or get left behind…. ” Rob Gentile
  • 29. 2929 facebook.com/360pmgmedia @360pmg | @shaunbcook dropusaline2@gmail.com CONTACT US FOR A COMPREHENSIVE SOCIAL MARKETING STRATEGY Smart Marketing Made Simple www.smartmarketingmadesimple.com

Editor's Notes

  1. How business can use social media networks
  2. Slides with a circle indicate a sticking point and will need to be clicked twice to make the animation continue
  3. Slides with a circle indicate a sticking point and will need to be clicked twice to make the animation continue
  4. Platform purpose and how users interact
  5. Google, Facebook, and twitter most popular among b2b