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Social Media
Marketing
- M. K. Valvi
Introduction
● Social media itself is a catch-all term for sites that
may provide radically different social actions.
● Social Media marketing exploits this functionality of
the sites for promotion of their business.
Tasks involved in Social Media Marketing
● Content creation and management: content marketing
● Interaction with users: community engagement
● Social commerce: leads, calls to action and conversions in
social media
● Monitoring: online media, information sources and social
channels
● Measurements and follow-up: determining the ROI of
the work carried out,justifying the quality of the actions
taken and, of course, the results thereof
● Fan building: based on achieving specific ROI objectives.
Tasks involved in Social Media Marketing
cntd...
● Contests and campaigns: creative input, development,
starting up and monitoring
● Qualitative aspects: Sentiment reports, strengths,
scope, virality, passion and effects for the brand online
● SEO: website, blog and social platform (social search)
optimisation, aimed at improving search results
● Keyword optimisation and improvement in new
SEO/SEM opportunities
● Email marketing: development, creative input, running,
results and campaigns.
Pros in Social Media Marketing
● Casting a wide net to catch your target
● Improving Business Process
● Increased Brand Awareness
● More Inbound Traffic
● Improved Search Engine Rankings
● Higher Conversion Rates
● Better Customer Satisfaction
● Improved Brand Loyalty
● Cost-Effective
Cons in Social Media Marketing
● Exposure to competitors
● Needs qualified personnel
● Slow returns on investments
● Tarnish brand name
● Time consuming
Developing a Strategic Social Media
Marketing Plan
The following points must be looked forward to while
developing the Plan
● Establishing Goals
The Goals section prioritizes the overall reasons you’re
implementing a social media campaign. You can prioritize
your goals
● Setting quantifiable objectives
For each goal, set at least one quantifiable, measurable
objective. “More customers” isn’t a quantifiable
objective. A quantifiable objective is “Increase number
of visits to website by 10 percent,” or “add 30 new
customers within three months,”
Developing a Strategic Social Media
Marketing Plan ctnd...
● Identifying your target markets
Specify one or more target markets on the form, not by
what they consume, but rather by who they are.
“Everyone who eats dinner out” isn’t a submarket you
can identify online. However, you can find “high-income
couples within 20 miles of your destination who visit
wine and classical music sites.”
● Estimating costs
Estimating costs from the bottom up is tricky, and this
approach rarely includes a cap. Consequently, costs
often wildly exceed your budget. Instead, establish
first how much money you’re willing to invest in the
overall effort, including in-house labor, outside
contractors, and miscellaneous hard costs such as
purchasing software or equipment. Enter those amounts
in the Cost section.
Developing a Strategic Social Media
Marketing Plan ctnd...
● Valuing social media ROI
Return on investment (ROI) is your single most
important measure of success for social media
marketing. In simple terms, ROI is the Figure 1-11: The
cost of B2B lead generation for social media and blogs
compared to pay-per-click ads and natural search. ratio
of revenue divided by costs for your business or, in this
case, for your social media marketing effort.
Segmenting B2C Market
If you have a business-to-consumer (B2C) company, you can
adapt the standard tools of market segmentation, which is
a technique to define various niche audiences by where
they live and how they spend their time and money. The
most common types of segmentation are
● Demographics
The use of fragrances, descriptive terms, and even
packaging may vary by gender
● Geographics
Geography may not seem obvious, but people who live in
dry climates may be more receptive to a message about
moisturizers than people who live in humid climates. O
Segmenting B2C Market cntd...
● Life stages
For instance, people who dye their hair look for
different hair care products than those who don’t, but
the reason they color their hair affects your selling
message.
● Psychographics or lifestyle
People with limited resources who are unlikely to try
new products may respond to messages about value and
satisfaction guarantees; people with more resources or
a higher status may be affected by messages related to
social grouping and self esteem
Segmenting B2C Market cntd...
● Affinity or interest groups
People who participate in environmental organizations or
who recycle goods may be more likely to be swayed by a
“green shampoo” appeal or shop in specific online venues.
Researching B2B Market
● B2B companies have a longer sales cycle, high-ticket purchases, and
multiple people who play a role in closing a sale; consequently, B2B
marketing requires a different social media presence
● In terms of social media, more B2B marketing efforts focus on
branding, top-of-mind visibility, customer support, customer loyalty,
and problem-solving compared to more sales-focused messages from
B2C companies
● One key step in B2B marketing is to identify people who make the
buying decision. Professional social networks such as LinkedIn and
Plaxo may help you research people on your B2B customer or prospect
lists
● As always, the key is ensuring that your customers are using the type
of social media you’re considering. Use the search feature and group
options on major social networking sites to test your list of existing
customers. Chances are good that if a large number of your existing
customers are using that service, it will be a good source for future
customers as well.
Conducting Other types of Market Research
Online
● Identifying influencers :
The most influential sites, posters, or pages on your
preferred social media
○ Whether you have a B2B or B2C company, you gain valuable
insight by reviewing the comments of influencers (companies
or individuals that drive the conversation within your
industry sector).
● Understanding why people use social media services
○ The expectation that people gravitate toward different
types of social media to meet different needs seems
reasonable. The challenge, of course, is to match what
people seek with particular
○ A review of successful social media models may spark
creative ideas for your own campaign.
Managing Cyber Social Campaign
● We discuss how to set up a schedule to keep your social
media from draining all your available time
● If you have employees, both you and your company may
benefit if you delegate some of the social media tasking
to them. You can also supplement your in-house staff
with limited assistance from outside professionals.
Managing Cyber Social Schedule
As you know from the rest of your business experience, if
something isn’t important enough to schedule, it never gets
done. Social media, like the rest of your marketing efforts,
can easily be swallowed up by day-to-day demands. You
must set aside time for it and assign tasks to specific
people
● Bounding the time commitment
○ Selecting “activity” days
○ Allowing for ramp-up time
Managing Cyber Social Schedule cntd...
● Developing your social date book
○ Choose a solution product that lets you : Choose a
display by day, week, or month or longer , Lists events
or tasks in chronological format , Select different
time frames easily , Easily schedule repeat activities
without requiring duplicate data entry
● Creating a social media dashboard
○ A social media dashboard puts the various required
functions at your fingertips in (you hope) an easy
to-understand and easy-to-use visual layout
○ The items on your primary dashboard may link to
other, application-specific dashboards, especially for
analytical tools and high-end enterprise solutions;
those application dashboards are designed primarily to
compare the results of multiple social media
campaigns.
Creating a Social Media Marketing Policy
● Most policies address the social media issue both in
terms of what employees are allowed to do on behalf of
the company and on what they aren’t allowed to do. For
example:
○ Employees may not be allowed to use personal social
accounts on company time.
○ Some trained employees may be allowed to post customer
support replies on behalf of the company, whereas others
are responsible for new product information.
Creating a Social Media Marketing Policy
cntd...
● To increase compliance, keep your policy short and easy
to read. Try to focus on what people can do rather than
on what they cannot do
● A typical policy addresses risk management, intellectual
property protection, individual privacy protection, and
the respect of your audience, company, and fellow
employees. Given the rapidly changing world of social
media, you’ll have to keep your policy flexible and update
it often
● The complexity of your social media policy depends on
the extent of your social media marketing effort and the
number of people and departments involved. Generally,
the larger the company, the longer the policy.
Try to incorporate the following suggested concepts :
● Hold individuals responsible for what they write.
● Disclose who you are, including your company name and title.
● Recognize that clients, prospects, competitors, and potential
future employees are part of your audience.
● Be respectful of everyone.
● Understand the tenor of each social media community and
follow its precepts.
● Respect copyright and trademarks.
● Protect your company’s confidential trade secret and
proprietary information in addition to client data, especially
trade secret information under nondisclosure agreements.
● Do not allow personal social media activity to interfere with
work.
Creating a Social Media Marketing Policy
cntd...
Staying on Right Side of Law
Just about everything in social media pushes the limits of
existing intellectual property law. So much information is
now repeated online that ownership lines are becoming
blurred, much to some people’s dismay and damage. Hold
individuals responsible for what they write
● Obtaining permission to avoid infringement.
○ You can’t (legally) use extended content from someone
else’s website, blog, or social media page on your own site,
even if you can save it or download it. Nope, not even if you
include a credit line saying where it came from. Not even if
you use only a portion of the content and link to the rest.
Not text, not graphics, not compiled data, not photos
○ Send a permission request such as “Sample copyright
permission
Staying on Right Side of Law
● Respecting privacy
○ Respect a person’s space; do not post publicly viewable
images of people’s faces on any of your social media pages
unless you have permission
● Revealing product endorsement relationships
○ Taking aim at companies that were arranging paid
recommendations from bloggers, the Federal Trade
Commission (FTC) issued regulations in October 2009 that
gave the blogosphere conniptions. The rule requires
bloggers to disclose whether they’ve received any type of
payment or free products in exchange for a positive review
Protecting Brand cntd...
The three important aspects to protecting your brand
online are copyright protection, trademark protection, and
brand reputation
● Copyrighting your material.
○ Copyright protects creative work in any medium — text,
photos, graphics, audio, video, multimedia, software — from
being used by others without permission or payment. Your
work becomes your intellectual property as soon as you’ve
created it in a fixed form
○ Put a copyright notice on your website. The standard
format includes the word copyright or corporate the
symbol © followed by the year, name of copyright holder,
and, usually, the phrase “All rights reserved.”
Protecting Brand cntd...
● Trademarking your brand names
○ Trademarks (for goods) or service marks (for services)
give you the exclusive right to use a particular name or
logotype within specific commercial categories. You can
trademark your own name, if you want, and you must
acknowledge the trademarks and service marks of others
● Protecting your brand reputation
○ Start protecting your brand now by registering your name
for social media accounts. To avoid brandjacking (others
using your company or product brand name on social media
for their own purposes or to write misleading or negative
things about your company), try to Figure 4-8: Trackur
offers an inexpensive reputation management choose the
most popular, available “handle” that will work across
multiple sites
● Web marketing for Dummies –Jan Zimmerman
References

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Social media marketing & managing cybersocial campaign

  • 2. Introduction ● Social media itself is a catch-all term for sites that may provide radically different social actions. ● Social Media marketing exploits this functionality of the sites for promotion of their business.
  • 3. Tasks involved in Social Media Marketing ● Content creation and management: content marketing ● Interaction with users: community engagement ● Social commerce: leads, calls to action and conversions in social media ● Monitoring: online media, information sources and social channels ● Measurements and follow-up: determining the ROI of the work carried out,justifying the quality of the actions taken and, of course, the results thereof ● Fan building: based on achieving specific ROI objectives.
  • 4. Tasks involved in Social Media Marketing cntd... ● Contests and campaigns: creative input, development, starting up and monitoring ● Qualitative aspects: Sentiment reports, strengths, scope, virality, passion and effects for the brand online ● SEO: website, blog and social platform (social search) optimisation, aimed at improving search results ● Keyword optimisation and improvement in new SEO/SEM opportunities ● Email marketing: development, creative input, running, results and campaigns.
  • 5. Pros in Social Media Marketing ● Casting a wide net to catch your target ● Improving Business Process ● Increased Brand Awareness ● More Inbound Traffic ● Improved Search Engine Rankings ● Higher Conversion Rates ● Better Customer Satisfaction ● Improved Brand Loyalty ● Cost-Effective
  • 6. Cons in Social Media Marketing ● Exposure to competitors ● Needs qualified personnel ● Slow returns on investments ● Tarnish brand name ● Time consuming
  • 7. Developing a Strategic Social Media Marketing Plan The following points must be looked forward to while developing the Plan ● Establishing Goals The Goals section prioritizes the overall reasons you’re implementing a social media campaign. You can prioritize your goals ● Setting quantifiable objectives For each goal, set at least one quantifiable, measurable objective. “More customers” isn’t a quantifiable objective. A quantifiable objective is “Increase number of visits to website by 10 percent,” or “add 30 new customers within three months,”
  • 8. Developing a Strategic Social Media Marketing Plan ctnd... ● Identifying your target markets Specify one or more target markets on the form, not by what they consume, but rather by who they are. “Everyone who eats dinner out” isn’t a submarket you can identify online. However, you can find “high-income couples within 20 miles of your destination who visit wine and classical music sites.” ● Estimating costs Estimating costs from the bottom up is tricky, and this approach rarely includes a cap. Consequently, costs often wildly exceed your budget. Instead, establish first how much money you’re willing to invest in the overall effort, including in-house labor, outside contractors, and miscellaneous hard costs such as purchasing software or equipment. Enter those amounts in the Cost section.
  • 9. Developing a Strategic Social Media Marketing Plan ctnd... ● Valuing social media ROI Return on investment (ROI) is your single most important measure of success for social media marketing. In simple terms, ROI is the Figure 1-11: The cost of B2B lead generation for social media and blogs compared to pay-per-click ads and natural search. ratio of revenue divided by costs for your business or, in this case, for your social media marketing effort.
  • 10. Segmenting B2C Market If you have a business-to-consumer (B2C) company, you can adapt the standard tools of market segmentation, which is a technique to define various niche audiences by where they live and how they spend their time and money. The most common types of segmentation are ● Demographics The use of fragrances, descriptive terms, and even packaging may vary by gender ● Geographics Geography may not seem obvious, but people who live in dry climates may be more receptive to a message about moisturizers than people who live in humid climates. O
  • 11. Segmenting B2C Market cntd... ● Life stages For instance, people who dye their hair look for different hair care products than those who don’t, but the reason they color their hair affects your selling message. ● Psychographics or lifestyle People with limited resources who are unlikely to try new products may respond to messages about value and satisfaction guarantees; people with more resources or a higher status may be affected by messages related to social grouping and self esteem
  • 12. Segmenting B2C Market cntd... ● Affinity or interest groups People who participate in environmental organizations or who recycle goods may be more likely to be swayed by a “green shampoo” appeal or shop in specific online venues.
  • 13. Researching B2B Market ● B2B companies have a longer sales cycle, high-ticket purchases, and multiple people who play a role in closing a sale; consequently, B2B marketing requires a different social media presence ● In terms of social media, more B2B marketing efforts focus on branding, top-of-mind visibility, customer support, customer loyalty, and problem-solving compared to more sales-focused messages from B2C companies ● One key step in B2B marketing is to identify people who make the buying decision. Professional social networks such as LinkedIn and Plaxo may help you research people on your B2B customer or prospect lists ● As always, the key is ensuring that your customers are using the type of social media you’re considering. Use the search feature and group options on major social networking sites to test your list of existing customers. Chances are good that if a large number of your existing customers are using that service, it will be a good source for future customers as well.
  • 14. Conducting Other types of Market Research Online ● Identifying influencers : The most influential sites, posters, or pages on your preferred social media ○ Whether you have a B2B or B2C company, you gain valuable insight by reviewing the comments of influencers (companies or individuals that drive the conversation within your industry sector). ● Understanding why people use social media services ○ The expectation that people gravitate toward different types of social media to meet different needs seems reasonable. The challenge, of course, is to match what people seek with particular ○ A review of successful social media models may spark creative ideas for your own campaign.
  • 15. Managing Cyber Social Campaign ● We discuss how to set up a schedule to keep your social media from draining all your available time ● If you have employees, both you and your company may benefit if you delegate some of the social media tasking to them. You can also supplement your in-house staff with limited assistance from outside professionals.
  • 16. Managing Cyber Social Schedule As you know from the rest of your business experience, if something isn’t important enough to schedule, it never gets done. Social media, like the rest of your marketing efforts, can easily be swallowed up by day-to-day demands. You must set aside time for it and assign tasks to specific people ● Bounding the time commitment ○ Selecting “activity” days ○ Allowing for ramp-up time
  • 17. Managing Cyber Social Schedule cntd... ● Developing your social date book ○ Choose a solution product that lets you : Choose a display by day, week, or month or longer , Lists events or tasks in chronological format , Select different time frames easily , Easily schedule repeat activities without requiring duplicate data entry ● Creating a social media dashboard ○ A social media dashboard puts the various required functions at your fingertips in (you hope) an easy to-understand and easy-to-use visual layout ○ The items on your primary dashboard may link to other, application-specific dashboards, especially for analytical tools and high-end enterprise solutions; those application dashboards are designed primarily to compare the results of multiple social media campaigns.
  • 18. Creating a Social Media Marketing Policy ● Most policies address the social media issue both in terms of what employees are allowed to do on behalf of the company and on what they aren’t allowed to do. For example: ○ Employees may not be allowed to use personal social accounts on company time. ○ Some trained employees may be allowed to post customer support replies on behalf of the company, whereas others are responsible for new product information.
  • 19. Creating a Social Media Marketing Policy cntd... ● To increase compliance, keep your policy short and easy to read. Try to focus on what people can do rather than on what they cannot do ● A typical policy addresses risk management, intellectual property protection, individual privacy protection, and the respect of your audience, company, and fellow employees. Given the rapidly changing world of social media, you’ll have to keep your policy flexible and update it often ● The complexity of your social media policy depends on the extent of your social media marketing effort and the number of people and departments involved. Generally, the larger the company, the longer the policy.
  • 20. Try to incorporate the following suggested concepts : ● Hold individuals responsible for what they write. ● Disclose who you are, including your company name and title. ● Recognize that clients, prospects, competitors, and potential future employees are part of your audience. ● Be respectful of everyone. ● Understand the tenor of each social media community and follow its precepts. ● Respect copyright and trademarks. ● Protect your company’s confidential trade secret and proprietary information in addition to client data, especially trade secret information under nondisclosure agreements. ● Do not allow personal social media activity to interfere with work. Creating a Social Media Marketing Policy cntd...
  • 21. Staying on Right Side of Law Just about everything in social media pushes the limits of existing intellectual property law. So much information is now repeated online that ownership lines are becoming blurred, much to some people’s dismay and damage. Hold individuals responsible for what they write ● Obtaining permission to avoid infringement. ○ You can’t (legally) use extended content from someone else’s website, blog, or social media page on your own site, even if you can save it or download it. Nope, not even if you include a credit line saying where it came from. Not even if you use only a portion of the content and link to the rest. Not text, not graphics, not compiled data, not photos ○ Send a permission request such as “Sample copyright permission
  • 22. Staying on Right Side of Law ● Respecting privacy ○ Respect a person’s space; do not post publicly viewable images of people’s faces on any of your social media pages unless you have permission ● Revealing product endorsement relationships ○ Taking aim at companies that were arranging paid recommendations from bloggers, the Federal Trade Commission (FTC) issued regulations in October 2009 that gave the blogosphere conniptions. The rule requires bloggers to disclose whether they’ve received any type of payment or free products in exchange for a positive review
  • 23. Protecting Brand cntd... The three important aspects to protecting your brand online are copyright protection, trademark protection, and brand reputation ● Copyrighting your material. ○ Copyright protects creative work in any medium — text, photos, graphics, audio, video, multimedia, software — from being used by others without permission or payment. Your work becomes your intellectual property as soon as you’ve created it in a fixed form ○ Put a copyright notice on your website. The standard format includes the word copyright or corporate the symbol © followed by the year, name of copyright holder, and, usually, the phrase “All rights reserved.”
  • 24. Protecting Brand cntd... ● Trademarking your brand names ○ Trademarks (for goods) or service marks (for services) give you the exclusive right to use a particular name or logotype within specific commercial categories. You can trademark your own name, if you want, and you must acknowledge the trademarks and service marks of others ● Protecting your brand reputation ○ Start protecting your brand now by registering your name for social media accounts. To avoid brandjacking (others using your company or product brand name on social media for their own purposes or to write misleading or negative things about your company), try to Figure 4-8: Trackur offers an inexpensive reputation management choose the most popular, available “handle” that will work across multiple sites
  • 25. ● Web marketing for Dummies –Jan Zimmerman References