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“The Social Trade”

        Jake Aull
     www.ZenOfBrand.com

     September 2011
Contents

 •    Trade & Social Media
       –  Traditional trade
       –  Difference in social media
       –  Communities and trade

 •    Causes Online:
       –  Priceless Stories & Experiences
       –  Empowering Visitors & Donors
       –  The power of mystique…

 •    Incentivization Online Examples

 •    Community Empowerment & The Social Trade
       –  The Road Map & Tactical Implementation
          Plans & Guides

 •    Ghost Towns:
       –  Examples of what not to do
Trade & Social Media
Past Models


 •  Social Commerce

 •  Digital Exchange

 •  Social Capital

 •  Social Currency

 •  Socialnomics

 •  Network Effects
What does Social Media Mean?


 •  Top-down, one-way communications (traditional
    models) are insufficient today

 •  Communities

 •  Two-way dialogue

 •  Grassroots-driven growth

 •  Companies are no longer separated; it is the rise
    of the “prosumer”
Traditional Trade


 •  In commerce, customers exchange:
   –  capital & goodwill

   –  For organizations’ brand/product/service “experience”

   –  Think perceptions and desires; not true needs…

   –  At it’s highest level, they seek the church of the brand,
      with all that mystique…
      •  It means becoming a “cult” member of Harley-Davidson or
         Apple brands…
          –  (the Harley logo is the single most common tattoo in the U.S.)
Digital Experience & The Social Trade


 •  So, we know social media means organic communities
    and two-way communications, but what about the
    end-customer benefit perspective?

 •  Don’t forget the WiiFMs

 •  Remember Howard’s RIBS?
    –  Successful online communities contain for the user:
       •    Remuneration
       •    Influence
       •    Belonging
       •    Significance
       •    From Design to Thrive by Theron Howard – see my presentation:
            http://prezi.com/qiltxaytwdss/design2thrive_notes/
Digital Experience & The Social Trade


 •  In “The Social Trade”:
    –  Customers are buying a digital &/or social experience

    –  This can be understated, or as elaborate as you can dream

    –  Think badges and perceived psychological benefit
       (Foursquare) and product rewards (redemptions)

    –  Think album covers in your “music” section of Facebook

    –  At a simple level, what if your product-purchasing was
       synonymous with the blog you visit regularly?
       •  Think collectors and hobbyists

    –  Even think MMOs and virtual worlds and purchasing within…
Social Communities integrated with eCommerce
•  Social Communities
   integrated with
   eCommerce

•    (this and preceding screen shot
     are from adagio.com – to see my
     digital audit of this site and it’s
     social/community integrations,
     visit http://slidesha.re/na3gOp )
Causes Online:

Priceless Stories & Experiences
Empowering Visitors & Donors
What do Donors “Buy” from Non-Profits?


 •  A good feeling?
 •  An experience?
 •  Where’s the end-story?

 •  Social sites can give a complete story
    –    Before and after
    –    Photos (Flickr, Facebook)
    –    Video (YouTube, Vimeo)
    –    Integrated media and written stories (blogs)
    –    Merits/badges/points for “good”/donations (Facebook)
Here’s a Non-Profit’s Story

 •  A child is born with a cleft palette.

 •  Photos/video are shown of the child.

 •  A donor gives for the child.

 •  The child is cured.

 •  Photos/video are taken of the recovery.

 •  The complete narrative can become a true, full online
    experience (on a social site).

 •  At it’s best – individual profiles can be programmed
    for each specific donor’s “ROI;” or stories…
Purchasing Stories & Experiences…

 •  These “stories” are “collected” and “treasured” (even
    “Liked”) on the non-profit’s social media sites.
    –  With collaborative responses

 •  This is the best of digital marketing today
    –  social media, SEO - all rely on freshness and relevancy of content
    –  Collaboration supplements organization’s content qty.
    –  content is king!

 •  Story snippets are continually dished out in social media,
    presenting these narratives (think customer-experience
    benefits)
    –  …drawing interest (developing buyer/donor desire and demand)
    –  Pulling brand community visitors and buyers/donors
    –  Drawing conversation (two-way social media dialogue)
Stories Become Personal


 •  They are the dream, the abstraction, the
    intangible

 •  They are the mystique, the lure

 •  They create the social media “digital church”

 •  Demand at this point becomes limitless
    –  Mystique is priceless and can’t be capped…
Incentivization Examples
Care2.com home page
Google search phrase: non-profit health organization .org cause donations online social community



  •  Member-focused
     (individual donor
     stories)

  •  Stories
     everywhere

  •  “Community
     powered news”

  •  But do the ads
     kill it all?

  •  What do they
     loose by lack of
     clear targeting
     and purpose?
        –  TMI?
The Care2 Hook


 •  Clear story

 •  CTAs

 •  See community
    representation and
    involvement

 •  Ways to share the
    info and join the
    community
The Care2 Hook


•  Theme-relevant
   incentiviation

•  Game/contest
   incentivization &
   retention
   (credits)

•  Maybe a bit too
   adsy?
Community Empowerment
   & The Social Trade

The Road Map & Tactical Implementation
           Plans & Guides
Form your Wheel & Spoke Model




                                •    Lead-gen/
                                     opt-in
                                •    Purchasing/
                                     donations
                                •    More info/
                                     Resources
Tactical Sample Plan Layout

 •    Objective/”What”: Achieve revenue/donations

 •    Mission/”Why”:
      “Advance the town’s children health and improve the town’s future.”

 •    Target Incentivization/”How”:
      Trade donations for “stories/experiences”

 •    Hub/”Where”: Blog site community of stories and media
       –  Spokes: Facebook, Twitter, anything to pull visitors

 •    Measurement KPIs/”How much”:
       –    Opt-ins/leads
       –    Payments
       –    CTR (click-through rate)
       –    Referrals
       –    Shares
       –    Comments
Tactical Sample Plan Layout


 •  Blog site community (Hub)
    –    (narrative & pictures/video)
    –    Story (blog post) 1 – cleft palette
    –    Story 2 – small pox
    –    Story 3 – village well

 •  Facebook page (Spoke)
    –  Wall posts; snippets of blog stories
          •  Sample photos
          •  CTA (call to action) to click-through to see full story on blog
             site
          •  “Share” with a friend (community empowerment)
    –  Facebook lead-gen incentivization posts/tab
          •  (“sign up to receive your _____”)
    –  Click through to donate…
Tactical Sample Plan Layout (“When”)


 •  Twitter (in a day or 2)
    –  Tweet 1: Blog Story 1
    –  Tweet 2: Pull CTA (call-to-action) to join community
    –  Tweet 3: Tell a friend
       (“Net Promoters”; community empowerment)
    –  Tweet 4: Story 2
    –  Tweet 5: Request donations/purchasing
    –  Tweet 6: Incentivize lead-gen (e.g., subscribe to
       newsletter on tax benefits and history of long-term
       cultural advancement for the needy location)
    –  Tweet 7: Story 3
    –  Tweet 8: “Like” Facebook
Ongoing Measurement Analysis


 •  What’s pulling, what’s not (content/CTAs)?

 •  What channels see the most traffic/CTR?

 •  Marketing funnel/clickstream/customer journey?

 •  Change over time? Why/attribution?

 •  What do people share? And comment on?
    (community empowerment)
Ghost Towns:

Examples of what Not to do
Started at Google…




       My search phrase (before landing on the above):
       non-profit organization .org cause donations online social community
I Went, But No One Was There…




      If you build it, do they come?
This is Where the Site Sent Me
I Clicked on” Giving” Info from “Women’s Health”




            Plenty of ads, automation, but no substance
            – no connections
Review

 •    Trade & Social Media
       –    Traditional trade
       –    Difference in social media
       –    Communities and trade

 •    Causes Online:
       –    Priceless Stories & Experiences
       –    Empowering Visitors & Donors
       –    The power of mystique…

 •    Incentivization Online
       –    What’s your target and positioning?
       –    What’s your primary role and offering?

 •    Community Empowerment & The Social Trade
       –    Create, adapt and customize your digital map and plan
              •    Via ongoing measurement and monitoring


 •    Ghost Towns:
       –    If you build it…
       –    Make it people-, not corporate ad-driven

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TheChgChallenge:"The Social Trade"

  • 1. “The Social Trade” Jake Aull www.ZenOfBrand.com September 2011
  • 2. Contents •  Trade & Social Media –  Traditional trade –  Difference in social media –  Communities and trade •  Causes Online: –  Priceless Stories & Experiences –  Empowering Visitors & Donors –  The power of mystique… •  Incentivization Online Examples •  Community Empowerment & The Social Trade –  The Road Map & Tactical Implementation Plans & Guides •  Ghost Towns: –  Examples of what not to do
  • 4. Past Models •  Social Commerce •  Digital Exchange •  Social Capital •  Social Currency •  Socialnomics •  Network Effects
  • 5. What does Social Media Mean? •  Top-down, one-way communications (traditional models) are insufficient today •  Communities •  Two-way dialogue •  Grassroots-driven growth •  Companies are no longer separated; it is the rise of the “prosumer”
  • 6. Traditional Trade •  In commerce, customers exchange: –  capital & goodwill –  For organizations’ brand/product/service “experience” –  Think perceptions and desires; not true needs… –  At it’s highest level, they seek the church of the brand, with all that mystique… •  It means becoming a “cult” member of Harley-Davidson or Apple brands… –  (the Harley logo is the single most common tattoo in the U.S.)
  • 7. Digital Experience & The Social Trade •  So, we know social media means organic communities and two-way communications, but what about the end-customer benefit perspective? •  Don’t forget the WiiFMs •  Remember Howard’s RIBS? –  Successful online communities contain for the user: •  Remuneration •  Influence •  Belonging •  Significance •  From Design to Thrive by Theron Howard – see my presentation: http://prezi.com/qiltxaytwdss/design2thrive_notes/
  • 8. Digital Experience & The Social Trade •  In “The Social Trade”: –  Customers are buying a digital &/or social experience –  This can be understated, or as elaborate as you can dream –  Think badges and perceived psychological benefit (Foursquare) and product rewards (redemptions) –  Think album covers in your “music” section of Facebook –  At a simple level, what if your product-purchasing was synonymous with the blog you visit regularly? •  Think collectors and hobbyists –  Even think MMOs and virtual worlds and purchasing within…
  • 10. •  Social Communities integrated with eCommerce •  (this and preceding screen shot are from adagio.com – to see my digital audit of this site and it’s social/community integrations, visit http://slidesha.re/na3gOp )
  • 11. Causes Online: Priceless Stories & Experiences Empowering Visitors & Donors
  • 12. What do Donors “Buy” from Non-Profits? •  A good feeling? •  An experience? •  Where’s the end-story? •  Social sites can give a complete story –  Before and after –  Photos (Flickr, Facebook) –  Video (YouTube, Vimeo) –  Integrated media and written stories (blogs) –  Merits/badges/points for “good”/donations (Facebook)
  • 13. Here’s a Non-Profit’s Story •  A child is born with a cleft palette. •  Photos/video are shown of the child. •  A donor gives for the child. •  The child is cured. •  Photos/video are taken of the recovery. •  The complete narrative can become a true, full online experience (on a social site). •  At it’s best – individual profiles can be programmed for each specific donor’s “ROI;” or stories…
  • 14. Purchasing Stories & Experiences… •  These “stories” are “collected” and “treasured” (even “Liked”) on the non-profit’s social media sites. –  With collaborative responses •  This is the best of digital marketing today –  social media, SEO - all rely on freshness and relevancy of content –  Collaboration supplements organization’s content qty. –  content is king! •  Story snippets are continually dished out in social media, presenting these narratives (think customer-experience benefits) –  …drawing interest (developing buyer/donor desire and demand) –  Pulling brand community visitors and buyers/donors –  Drawing conversation (two-way social media dialogue)
  • 15. Stories Become Personal •  They are the dream, the abstraction, the intangible •  They are the mystique, the lure •  They create the social media “digital church” •  Demand at this point becomes limitless –  Mystique is priceless and can’t be capped…
  • 17. Care2.com home page Google search phrase: non-profit health organization .org cause donations online social community •  Member-focused (individual donor stories) •  Stories everywhere •  “Community powered news” •  But do the ads kill it all? •  What do they loose by lack of clear targeting and purpose? –  TMI?
  • 18. The Care2 Hook •  Clear story •  CTAs •  See community representation and involvement •  Ways to share the info and join the community
  • 19. The Care2 Hook •  Theme-relevant incentiviation •  Game/contest incentivization & retention (credits) •  Maybe a bit too adsy?
  • 20. Community Empowerment & The Social Trade The Road Map & Tactical Implementation Plans & Guides
  • 21. Form your Wheel & Spoke Model •  Lead-gen/ opt-in •  Purchasing/ donations •  More info/ Resources
  • 22. Tactical Sample Plan Layout •  Objective/”What”: Achieve revenue/donations •  Mission/”Why”: “Advance the town’s children health and improve the town’s future.” •  Target Incentivization/”How”: Trade donations for “stories/experiences” •  Hub/”Where”: Blog site community of stories and media –  Spokes: Facebook, Twitter, anything to pull visitors •  Measurement KPIs/”How much”: –  Opt-ins/leads –  Payments –  CTR (click-through rate) –  Referrals –  Shares –  Comments
  • 23. Tactical Sample Plan Layout •  Blog site community (Hub) –  (narrative & pictures/video) –  Story (blog post) 1 – cleft palette –  Story 2 – small pox –  Story 3 – village well •  Facebook page (Spoke) –  Wall posts; snippets of blog stories •  Sample photos •  CTA (call to action) to click-through to see full story on blog site •  “Share” with a friend (community empowerment) –  Facebook lead-gen incentivization posts/tab •  (“sign up to receive your _____”) –  Click through to donate…
  • 24. Tactical Sample Plan Layout (“When”) •  Twitter (in a day or 2) –  Tweet 1: Blog Story 1 –  Tweet 2: Pull CTA (call-to-action) to join community –  Tweet 3: Tell a friend (“Net Promoters”; community empowerment) –  Tweet 4: Story 2 –  Tweet 5: Request donations/purchasing –  Tweet 6: Incentivize lead-gen (e.g., subscribe to newsletter on tax benefits and history of long-term cultural advancement for the needy location) –  Tweet 7: Story 3 –  Tweet 8: “Like” Facebook
  • 25. Ongoing Measurement Analysis •  What’s pulling, what’s not (content/CTAs)? •  What channels see the most traffic/CTR? •  Marketing funnel/clickstream/customer journey? •  Change over time? Why/attribution? •  What do people share? And comment on? (community empowerment)
  • 26. Ghost Towns: Examples of what Not to do
  • 27. Started at Google… My search phrase (before landing on the above): non-profit organization .org cause donations online social community
  • 28. I Went, But No One Was There… If you build it, do they come?
  • 29. This is Where the Site Sent Me I Clicked on” Giving” Info from “Women’s Health” Plenty of ads, automation, but no substance – no connections
  • 30. Review •  Trade & Social Media –  Traditional trade –  Difference in social media –  Communities and trade •  Causes Online: –  Priceless Stories & Experiences –  Empowering Visitors & Donors –  The power of mystique… •  Incentivization Online –  What’s your target and positioning? –  What’s your primary role and offering? •  Community Empowerment & The Social Trade –  Create, adapt and customize your digital map and plan •  Via ongoing measurement and monitoring •  Ghost Towns: –  If you build it… –  Make it people-, not corporate ad-driven