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SOCIAL MEDIA IS A WASTE
OF MONEY

BRIAN CROSS
MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE
ELASTICITY
PRESIDENT AND CEO
FUND ST. LOUIS
SOCIAL MEDIA IS A WASTE o
OF MONEY t doesnโ€™t have t
      But i     be
BRIAN CROSS
MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE
ELASTICITY
PRESIDENT AND CEO
FUND ST. LOUIS
THERE IS NO MORE
  SOCIAL MEDIA
SOCIAL MEDIA   =
AGENDA:
1. THE โ€œTHANK YOUโ€ ECONOMY
(OR MANNERS MARKETING)

2. OPERATIONAL
CONSIDERATIONS FOR
NONPROFITS

3. DONโ€™T WASTE YOUR MONEY
ON SOCIAL MEDIA - OPTIMIZING
TO REACH THE OTHER 90%
POSITION YOURSELF
WITHIN YOUR ISSUE
THE AVERAGE
 PERSON IS
EXPOSED TO
 OVER 3,000
 MARKETING
 MESSAGES
  PER DAY
โ€œ
Only14%
of people trust
advertisements.




                  โ€œ
                  78%of people
                  trust the
                  recommendations
                  of peers.
THE NEW MATH
โ€ขโ€ฏ Old: Message 5,000,000 to possibly reach 500!
โ€ขโ€ฏ New: Personally reach 500 who in๏ฌ‚uence 5,000 who in๏ฌ‚uence
   20,000 who in๏ฌ‚uence 200,000!




                                                   +,-*.$/01***
                                                   23444*5,)56,*-0)*-$%/*
                                                   /)*0,$"*7)8"*9,::$#,*$",*
                                                   9)",*;$68$<6,*/0$%**
                !"#$%&'$()%**                      2*9&66&)%*-0)*=)%>/?**
130
               FRIENDS

                 300
               FOLLOW

 EVERYONE
  REACHES
7,740 PEOPLE
SOCIAL MEDIA
    IS THE
RE-INVENTION
    OF THE
SMALL TOWN
1. BE INTERESTING
   2.   MAKE IT EASY
   3.   MAKE PEOPLE
          HAPPY




3 RULES OF WORD OF MOUTH
WOM CHECKLIST: 4 ELEMENTS

              1.TALKERS
              2.MESSAGE
              3.TOOLS
              4.MEASUREMENT
PEOPLE TALK ABOUT YOU WHEN
IT BENEFITS THEM
THEYโ€™LL TALK ABOUT YOU IF
                       It makes them look smart
                       It enables them to help others
                       It allows them to feel important
                       It enables connection to a group
CONTENT MARKETING

โ€ข   Creative: itโ€™s a 24-hour content cycle.
    Youโ€™d better have something to break
    through the noise of the conversation.

โ€ข   Brand Building: Content and
    conversation defines a brand more
    than a new logo or a press release

โ€ข   Engaging: Inspire feedback. This is
    not a copywriting assignment.

โ€ข   Relevance is Redefined: To create
    conversation, simple, random and
    banal may be a brandโ€™s best bets.
HUMANIZE YOUR ORGANIZATION
CREATE A PERSONA...NOT A PROPOSITION
FOCUS ON HOW TO โ€˜BEโ€™ SOCIAL
NOT ON HOW TO โ€˜DOโ€™ SOCIAL.
BEING    HUMAN
HUMAN    INTEREST
ACTIVATE YOUR NETWORK.
KNOW WHEN TO โ€œDO THE ASK.โ€
STAFFING YOUR EFFORTS
MEASUREMENT
BEFORE DECLARING ROI - DEFINE THE โ€œRโ€

                       :2"6#4249% ;',<249% 84#$92=249%>-33+$149%8.?$'(249%
        !"#$%&#'()!

        !"#$%&#'()!
        *+,-.#%+/%
      0'$1(23'1+4!
         5-',267%+/%
      0'$1(23'1+4!

  *+,-.#%+/%84#$97!

  5-',267%+/%84#$97!
DO
Think about engagement - NOT size
          Activate your fans
            Be Committed
      Keep things professional
           Have a strategy
    Resist the temptation to sell
       Stick to what you know
Be infrequent in your engagement
          Go by โ€œgutโ€ feel
 Make use it as a broadcast channel
              Be cool
 Be the smartest person in the room
  Forget the permanence of search




DONโ€™T
OPTIMIZE YOUR EFFORTS
90% OF SOCIAL MEDIA IS NEVER SEEN
TRIANGULATE FOR KINETIC POTENTIAL


                 SEARCH



   SOCIAL



                    PR
PROVIDE VALUE
(BEHIND EVERY B2B IS A โ€œCโ€)
BEFORE YOU GO


โ€ข Allow your audience to help you
  shape your brand
โ€ข Build a sense of community
โ€ข Traditional and Social media can play
  ping-pong
โ€ข Content is the new branding
โ€ข โ€œPullโ€ donโ€™t โ€œPushโ€
โ€ข If youโ€™re small, play like youโ€™re big.
โ€ข If youโ€™re big, play like youโ€™re small.
MANAGING PARTNER &
        DIRECTOR OF ROCKET SCIENCE

BRIAN   ELASTICITY
CROSS   brian@goelastic.com
        314.292.9680
        www.elasticthought.com
        www.facebook.com/briancross
        www.twitter.com/vanceopel



        PRESIDENT AND CEO
        FUND ST. LOUIS
        brian@fundstlouis.org
        800.385.6419
        www.fundstlouis.org
        www.facebook.com/fundstl
        www.twitter.com/fundstl

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Social Media is a waste of money?

  • 1. SOCIAL MEDIA IS A WASTE OF MONEY BRIAN CROSS MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE ELASTICITY PRESIDENT AND CEO FUND ST. LOUIS
  • 2. SOCIAL MEDIA IS A WASTE o OF MONEY t doesnโ€™t have t But i be BRIAN CROSS MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE ELASTICITY PRESIDENT AND CEO FUND ST. LOUIS
  • 3. THERE IS NO MORE SOCIAL MEDIA
  • 5.
  • 6.
  • 7. AGENDA: 1. THE โ€œTHANK YOUโ€ ECONOMY (OR MANNERS MARKETING) 2. OPERATIONAL CONSIDERATIONS FOR NONPROFITS 3. DONโ€™T WASTE YOUR MONEY ON SOCIAL MEDIA - OPTIMIZING TO REACH THE OTHER 90%
  • 9. THE AVERAGE PERSON IS EXPOSED TO OVER 3,000 MARKETING MESSAGES PER DAY
  • 10. โ€œ Only14% of people trust advertisements. โ€œ 78%of people trust the recommendations of peers.
  • 11. THE NEW MATH โ€ขโ€ฏ Old: Message 5,000,000 to possibly reach 500! โ€ขโ€ฏ New: Personally reach 500 who in๏ฌ‚uence 5,000 who in๏ฌ‚uence 20,000 who in๏ฌ‚uence 200,000! +,-*.$/01*** 23444*5,)56,*-0)*-$%/* /)*0,$"*7)8"*9,::$#,*$",* 9)",*;$68$<6,*/0$%** !"#$%&'$()%** 2*9&66&)%*-0)*=)%>/?**
  • 12. 130 FRIENDS 300 FOLLOW EVERYONE REACHES 7,740 PEOPLE
  • 13.
  • 14. SOCIAL MEDIA IS THE RE-INVENTION OF THE SMALL TOWN
  • 15. 1. BE INTERESTING 2. MAKE IT EASY 3. MAKE PEOPLE HAPPY 3 RULES OF WORD OF MOUTH
  • 16. WOM CHECKLIST: 4 ELEMENTS 1.TALKERS 2.MESSAGE 3.TOOLS 4.MEASUREMENT
  • 17.
  • 18. PEOPLE TALK ABOUT YOU WHEN IT BENEFITS THEM
  • 19. THEYโ€™LL TALK ABOUT YOU IF It makes them look smart It enables them to help others It allows them to feel important It enables connection to a group
  • 20. CONTENT MARKETING โ€ข Creative: itโ€™s a 24-hour content cycle. Youโ€™d better have something to break through the noise of the conversation. โ€ข Brand Building: Content and conversation defines a brand more than a new logo or a press release โ€ข Engaging: Inspire feedback. This is not a copywriting assignment. โ€ข Relevance is Redefined: To create conversation, simple, random and banal may be a brandโ€™s best bets.
  • 22. CREATE A PERSONA...NOT A PROPOSITION
  • 23. FOCUS ON HOW TO โ€˜BEโ€™ SOCIAL NOT ON HOW TO โ€˜DOโ€™ SOCIAL.
  • 24. BEING HUMAN HUMAN INTEREST
  • 25. ACTIVATE YOUR NETWORK. KNOW WHEN TO โ€œDO THE ASK.โ€
  • 28. BEFORE DECLARING ROI - DEFINE THE โ€œRโ€ :2"6#4249% ;',<249% 84#$92=249%>-33+$149%8.?$'(249% !"#$%&#'()! !"#$%&#'()! *+,-.#%+/% 0'$1(23'1+4! 5-',267%+/% 0'$1(23'1+4! *+,-.#%+/%84#$97! 5-',267%+/%84#$97!
  • 29. DO Think about engagement - NOT size Activate your fans Be Committed Keep things professional Have a strategy Resist the temptation to sell Stick to what you know
  • 30. Be infrequent in your engagement Go by โ€œgutโ€ feel Make use it as a broadcast channel Be cool Be the smartest person in the room Forget the permanence of search DONโ€™T
  • 31. OPTIMIZE YOUR EFFORTS 90% OF SOCIAL MEDIA IS NEVER SEEN
  • 32. TRIANGULATE FOR KINETIC POTENTIAL SEARCH SOCIAL PR
  • 33. PROVIDE VALUE (BEHIND EVERY B2B IS A โ€œCโ€)
  • 34. BEFORE YOU GO โ€ข Allow your audience to help you shape your brand โ€ข Build a sense of community โ€ข Traditional and Social media can play ping-pong โ€ข Content is the new branding โ€ข โ€œPullโ€ donโ€™t โ€œPushโ€ โ€ข If youโ€™re small, play like youโ€™re big. โ€ข If youโ€™re big, play like youโ€™re small.
  • 35. MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE BRIAN ELASTICITY CROSS brian@goelastic.com 314.292.9680 www.elasticthought.com www.facebook.com/briancross www.twitter.com/vanceopel PRESIDENT AND CEO FUND ST. LOUIS brian@fundstlouis.org 800.385.6419 www.fundstlouis.org www.facebook.com/fundstl www.twitter.com/fundstl