SOCIAL NETWORKING
    OVERVIEW


          South Shore Women’s Business Network
          Presented by:
          Angela Rutzick, Principal
          May 6, 2010
Social Networking Tools

         Social Networking
         Blogs
         Communities
         Forums / Discussion Board
         Content Aggregators
Social Networking
       Social network users represent 67%
        of all internet users
           Offers the most personal, trusted and
            direct points of access to consumers
           Provides consumers with options in
            searching for value, products and
            services and finding exactly what they
            need and want with minimum effort.
       Social Networking is here to stay
Some Facts …

      Eight in ten Americans are now online
          Yet, only 5-10% of marketing budgets are
           allocated to digital media
      The fastest growing digitally mature
       industries include:
          Technology, financial services, travel
           subscription media & retail
Consumers — the New Marketers

                 Web 2.0 tools have
                  upgraded their voice
                  power
                 Consumers are now
                  Prosumers
                  (producer + consumer)
The New Marketer —Technopologist?


                           Technologist,
                            sociologist and
                            psychologist

                           Usage behavior -
                            watch and
                            observe
MySpace

     Who is your audience
     Generally younger audience without
      deep pockets
     Environment is one where you
      primarily visit page of others as
      opposed to having info brought to you
You Tube
      Upload and share video clips and
       across the Internet through websites,
       mobile devices, blogs, and email
Facebook

    Geared to using your profile page as a
     home page for information being brought
     to you


    Facebook is usually an older audience
     with more income
PROFILE CENTRIC
PERSONAL PAGE
Boost Your Brand
   Create a group that provides value
     Avoid commercialness or you may be shut down
     Don’t spam even if your message is real or relevant



   Event Marketing
    Creates a special page on which you can put
    the details and even collects RSVPs
Tweet Tweet Twitter
   Limit to 140 characters
   Similar to text messaging
   Fastest growing, least retention
Widgets and Applications
   Most underused feature
   Sony Snow Globe
   Office Max Elf Me
Blogs

       Provide commentary or news on a
        particular subject or function as more
        personal online diaries
       9000 million blogs
       40,000 new ones pop up each day
USE A BLOG TO GENERATE BUZZ
COMMUNITIES


Industry Wiki
Forum
E-Learning
Surveys/Studies
Bookstore
Video
RSS Feed
Brand Awareness to
Advocacy

Collaborate with customers on product
development, service enhancement and
promotion




        Learn more about customer
        lifestyles.
Mommy Blogs
Forums Enhance Product Development
Customer Interaction

    Better understanding of price points
    Insight for future products
    Customers trust each other’s opinions
Expand visibility

      Free publicity
      Free samples encourage feedback
      Free testimonials and reviews
The Good with the Bad
   Be prepared to handle responses
   Never ignore an unfavorable comment
From Push Marketing to
Conversational Marketing
   Persuade don’t sell
   Be part of the conversation
   Facilitate
   Listen and respond to customers
Why should they come?

   Provide incentives - both tangible and
    intangible
   Tangible - play on consumers’ emotions
   Intangible - money, free samples, coupons
   Create community
   Peer recognition
How do I keep them there?

       Hire a Community Manager
       Provide ongoing interaction & content
       Create a wiki to increase traffic to your site
       Appoint a Facilitator
       Keeps conversations going
       Highlights important information
       Maintains order
       Ensures customer is heard and responded to
Recruit employees
   Carefully select employees to write blogs
   Social networking skills
   Shares company vision
   Knowledgeable about services and products
Engage Employees
   Define the customer experience
   Share culture and feel of organization

   Case Study: Dove - Consumer Nation
What will it do for my business?

        Engage customers
        Expand visibility and enhance a brand
        Improve customer understanding of products &
         services
        Facilitate sharing of knowledge
        Increase customer satisfaction
        Bring referrals and recommendations
        Attract new employees
        Strengthen and enlarge your network of vendors
         and partners
        Create evangelists
What are the requirements?

      Meet a business objective
      Support a product or service
      Provide cross-referrals
      Give and receive recommendations
      Offer value with content
      Integrate with other marketing activities
      Social bookmarking
Today’s New Creative

       It’s about the message - not the
        product
       Simple, punchy and in a story form
       Resonates with the consumer and
        provides instant gratification
       Timing / call for action
           forward the message to others
Be Digital Savvy

         Align yourself with
           technology
           the right talent
           a company’s whose culture is
            progressive
         Create parterships with
          Agencies, media companies and
          marketers
What is measurable?

        Number of referrals
        Site traffic / visitors
        Audience participating
        Blog comments
        Content sharing (ie., email forwards)
        Follows, friends & fans
        Profile views
        Wall posts
What are the Advantages?
   Builds better customer/company relationships
   Builds sense of community
   Increases opportunities
   Lowers recruiting costs
   Attracts conversations / exchange ideas / find
    answers
   Lets others know what you are working on and
    the successes you are having
   Links to articles and recent posts
   Links (in moderation) to your own blogs and
    articles
   Help others get business referrals (collaborate
    just don’t collect)
Tips
   Take into
    consideration overall
    marketing plan
   Select target and
    develop relevant
    messaging & content
   Utilize social networks
   Have patience
   Plan before jumping in

Social Networking Sswbn

  • 1.
    SOCIAL NETWORKING OVERVIEW South Shore Women’s Business Network Presented by: Angela Rutzick, Principal May 6, 2010
  • 2.
    Social Networking Tools  Social Networking  Blogs  Communities  Forums / Discussion Board  Content Aggregators
  • 3.
    Social Networking  Social network users represent 67% of all internet users  Offers the most personal, trusted and direct points of access to consumers  Provides consumers with options in searching for value, products and services and finding exactly what they need and want with minimum effort.  Social Networking is here to stay
  • 4.
    Some Facts …  Eight in ten Americans are now online  Yet, only 5-10% of marketing budgets are allocated to digital media  The fastest growing digitally mature industries include:  Technology, financial services, travel subscription media & retail
  • 5.
    Consumers — theNew Marketers  Web 2.0 tools have upgraded their voice power  Consumers are now Prosumers (producer + consumer)
  • 6.
    The New Marketer—Technopologist?  Technologist, sociologist and psychologist  Usage behavior - watch and observe
  • 7.
    MySpace  Who is your audience  Generally younger audience without deep pockets  Environment is one where you primarily visit page of others as opposed to having info brought to you
  • 8.
    You Tube  Upload and share video clips and across the Internet through websites, mobile devices, blogs, and email
  • 9.
    Facebook  Geared to using your profile page as a home page for information being brought to you  Facebook is usually an older audience with more income
  • 10.
  • 11.
    Boost Your Brand  Create a group that provides value  Avoid commercialness or you may be shut down  Don’t spam even if your message is real or relevant  Event Marketing Creates a special page on which you can put the details and even collects RSVPs
  • 12.
    Tweet Tweet Twitter  Limit to 140 characters  Similar to text messaging  Fastest growing, least retention
  • 13.
    Widgets and Applications  Most underused feature  Sony Snow Globe  Office Max Elf Me
  • 14.
    Blogs  Provide commentary or news on a particular subject or function as more personal online diaries  9000 million blogs  40,000 new ones pop up each day
  • 15.
    USE A BLOGTO GENERATE BUZZ
  • 17.
  • 19.
    Brand Awareness to Advocacy Collaboratewith customers on product development, service enhancement and promotion Learn more about customer lifestyles.
  • 20.
  • 21.
  • 22.
    Customer Interaction  Better understanding of price points  Insight for future products  Customers trust each other’s opinions
  • 23.
    Expand visibility  Free publicity  Free samples encourage feedback  Free testimonials and reviews
  • 25.
    The Good withthe Bad  Be prepared to handle responses  Never ignore an unfavorable comment
  • 26.
    From Push Marketingto Conversational Marketing  Persuade don’t sell  Be part of the conversation  Facilitate  Listen and respond to customers
  • 27.
    Why should theycome?  Provide incentives - both tangible and intangible  Tangible - play on consumers’ emotions  Intangible - money, free samples, coupons  Create community  Peer recognition
  • 28.
    How do Ikeep them there?  Hire a Community Manager  Provide ongoing interaction & content  Create a wiki to increase traffic to your site  Appoint a Facilitator  Keeps conversations going  Highlights important information  Maintains order  Ensures customer is heard and responded to
  • 29.
    Recruit employees  Carefully select employees to write blogs  Social networking skills  Shares company vision  Knowledgeable about services and products
  • 30.
    Engage Employees  Define the customer experience  Share culture and feel of organization  Case Study: Dove - Consumer Nation
  • 31.
    What will itdo for my business?  Engage customers  Expand visibility and enhance a brand  Improve customer understanding of products & services  Facilitate sharing of knowledge  Increase customer satisfaction  Bring referrals and recommendations  Attract new employees  Strengthen and enlarge your network of vendors and partners  Create evangelists
  • 32.
    What are therequirements?  Meet a business objective  Support a product or service  Provide cross-referrals  Give and receive recommendations  Offer value with content  Integrate with other marketing activities  Social bookmarking
  • 33.
    Today’s New Creative  It’s about the message - not the product  Simple, punchy and in a story form  Resonates with the consumer and provides instant gratification  Timing / call for action  forward the message to others
  • 34.
    Be Digital Savvy  Align yourself with  technology  the right talent  a company’s whose culture is progressive  Create parterships with Agencies, media companies and marketers
  • 35.
    What is measurable?  Number of referrals  Site traffic / visitors  Audience participating  Blog comments  Content sharing (ie., email forwards)  Follows, friends & fans  Profile views  Wall posts
  • 36.
    What are theAdvantages?  Builds better customer/company relationships  Builds sense of community  Increases opportunities  Lowers recruiting costs  Attracts conversations / exchange ideas / find answers  Lets others know what you are working on and the successes you are having  Links to articles and recent posts  Links (in moderation) to your own blogs and articles  Help others get business referrals (collaborate just don’t collect)
  • 37.
    Tips  Take into consideration overall marketing plan  Select target and develop relevant messaging & content  Utilize social networks  Have patience  Plan before jumping in