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1




                    Social Utility:
                    The Secret to
                    Unlocking Sales
         TIL IT Y
       LU           with Social Media
SO CIA

                    Dr Paul Marsden

                    Social Commerce Today

                    @marsattacks
2




Three insights for turning social media into social sales...
3

 For 34% of women aged 18-34, checking their social media
      account is the first thing they do when waking up




Yeah, yeah - social media is big. But so what?
4




     SOCIAL MEDIA
     REVOLUTION
                                    media
                              ju st
                         i ts      er it
                            G et ov

It’s not a revolution, it’s just media
5




          TELEPHONE DID
           NOT KILL THE
            MOVIE STAR


Social media is simply personal communication media - a
utility to help people connect and share with each other
6




As a business, having a social media strategy makes
about as much sense as having a paper strategy
7




                                    “IF I HAD TO GUESS
                                    SOCIAL COMMERCE
                                   IS THE NEXT AREA TO
                                     REALLY BLOW UP”
                                          MARK ZUCKERBERG




But social media can have a useful role to play in your
sales strategy...
8




For example, consumers are happy to hear from you in
social media if you have a remarkable offer for them...
9




For instance, Heinz opened a pop-up social media store
to sell personalised get well soup; 1 in 8 fans bought...
10




But when there’s no remarkable offer - there are no sales
11




So if you want to sell with social media, you’ll need a clear
and compelling value proposition...
12




   Helping people solve
    problems socially




                                        ILI TY
                                     U T
                             CI AL
                          SO
                                           Helping people solve
                                             social problems


Smart brands are using social media to offer ‘social’ value
propositions that are all about delivering ‘social utility’
13




 “Does my butt
   look big in
      this?”



‘Social utility’ is just a fancy name for helping people solve
problems socially and helping them solve social problems
14




                        SOCIAL INTELLIGENCE
           “A wise man learns from the experience of others,
                           a fool by his own”




Helping people solve problems socially means helping
them solve problems together; with their social intelligence
15




For example, why not help consumers club together like
Mercedes to get better value by buying in bulk?
16




You can also offer social utility by helping people solve their
core social problems: how to ‘stand out’ and how to ‘fit in’
17




Helping people ‘stand out’ with social media is all about
offering them ‘social status’...
18




As Burberry does with pop-up social media stores
offering early access bragging rights for new products...
19




Helping people ‘fit in’ with social media is all about helping
‘social bonding’ like Starbucks social media gift store
20




Whether you help people solve problems socially or help
them solve social problems, the secret is to offer social utility
21



                      SOCIAL UTILITY
            using social media to help people solve
          problems socially and solve social problems



      social                 social                 social
   intelligence              status                bonding



                  $$$$$$   SOCIAL SALES   $$$$$$


So here’s the secret to selling with social media: Offer a
social shopping service that has genuine social utility
22




This is not a revolution, it’s just basic business sense; smart
selling is about solving people’s problems - at a profit
23




Find out more in the forthcoming ‘F-Commerce Handbook’
& ‘Social Commerce Handbook’ from McGraw Hill

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Social Utility: How to Turn Social Media into Social Sales

  • 1. 1 Social Utility: The Secret to Unlocking Sales TIL IT Y LU with Social Media SO CIA Dr Paul Marsden Social Commerce Today @marsattacks
  • 2. 2 Three insights for turning social media into social sales...
  • 3. 3 For 34% of women aged 18-34, checking their social media account is the first thing they do when waking up Yeah, yeah - social media is big. But so what?
  • 4. 4 SOCIAL MEDIA REVOLUTION media ju st i ts er it G et ov It’s not a revolution, it’s just media
  • 5. 5 TELEPHONE DID NOT KILL THE MOVIE STAR Social media is simply personal communication media - a utility to help people connect and share with each other
  • 6. 6 As a business, having a social media strategy makes about as much sense as having a paper strategy
  • 7. 7 “IF I HAD TO GUESS SOCIAL COMMERCE IS THE NEXT AREA TO REALLY BLOW UP” MARK ZUCKERBERG But social media can have a useful role to play in your sales strategy...
  • 8. 8 For example, consumers are happy to hear from you in social media if you have a remarkable offer for them...
  • 9. 9 For instance, Heinz opened a pop-up social media store to sell personalised get well soup; 1 in 8 fans bought...
  • 10. 10 But when there’s no remarkable offer - there are no sales
  • 11. 11 So if you want to sell with social media, you’ll need a clear and compelling value proposition...
  • 12. 12 Helping people solve problems socially ILI TY U T CI AL SO Helping people solve social problems Smart brands are using social media to offer ‘social’ value propositions that are all about delivering ‘social utility’
  • 13. 13 “Does my butt look big in this?” ‘Social utility’ is just a fancy name for helping people solve problems socially and helping them solve social problems
  • 14. 14 SOCIAL INTELLIGENCE “A wise man learns from the experience of others, a fool by his own” Helping people solve problems socially means helping them solve problems together; with their social intelligence
  • 15. 15 For example, why not help consumers club together like Mercedes to get better value by buying in bulk?
  • 16. 16 You can also offer social utility by helping people solve their core social problems: how to ‘stand out’ and how to ‘fit in’
  • 17. 17 Helping people ‘stand out’ with social media is all about offering them ‘social status’...
  • 18. 18 As Burberry does with pop-up social media stores offering early access bragging rights for new products...
  • 19. 19 Helping people ‘fit in’ with social media is all about helping ‘social bonding’ like Starbucks social media gift store
  • 20. 20 Whether you help people solve problems socially or help them solve social problems, the secret is to offer social utility
  • 21. 21 SOCIAL UTILITY using social media to help people solve problems socially and solve social problems social social social intelligence status bonding $$$$$$ SOCIAL SALES $$$$$$ So here’s the secret to selling with social media: Offer a social shopping service that has genuine social utility
  • 22. 22 This is not a revolution, it’s just basic business sense; smart selling is about solving people’s problems - at a profit
  • 23. 23 Find out more in the forthcoming ‘F-Commerce Handbook’ & ‘Social Commerce Handbook’ from McGraw Hill