creating an effective social media strategy

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Page 1: Creating An Effective Social Media Strategy
Page 2: Creating An Effective Social Media Strategy

CREATING AN EFFECTIVE

SOCIAL MEDIA STRATEGYSOCIAL MEDIA STRATEGY

TJ Tee

Interactive Marketing Manager

Integricity Corporation

Page 3: Creating An Effective Social Media Strategy

BY THE END OF THIS SESSION

Why marketing is flawed

Rethinking Web presence

1

2

How social media changes things

A structured approach to social media strategy

Key success (and failure) factors

3

4

5

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SOCIAL NETWORKS

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SOCIAL BOOKMARKING

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NEWS/CONTENT SHARING

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COLLABORATIVE KNOWLEDGEBASE

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MICROBLOGGING

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RATINGS & REVIEWS

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IMAGE & VIDEO SHARING

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RELATIONSHIPS IT ENABLES

PEOPLE & THE

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CHALLENGED

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HOW MARKETING WORKS

• $450 billion spent on ads (2007)

• Advertising thrives on repetition

• 2 measures:• 2 measures:

Reach = # people screamed at

Frequency =

# times one hears the shout

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THE MARKETING FUNNEL

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THE PROBLEM WITH MARKETING

Marketers are used to shoutingMarketers are used to shoutingand listening for the echo

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THE PROBLEM WITH MARKETING

The Web requires them to talk, and they don’t know how to

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IN TRYING TIMES LIKETHESE, WE CANNOTAFFORD TO CONTINUEMARKETING THE WAYMARKETING THE WAY

WE KNOW HOW.PEOPLE JUST AREN’TLISTENING ANYMORE.

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HOW SOCIAL MEDIA CHANGES THINGS

Retail

• Amazon has thousands of product ratings and reviews, unlimited shelf space

DistributionDistribution

• Last.fm lets people listen to music for free, recommends songs based on preferences

Product innovation

• Starbucks listens to feedback from fans and incorporates suggestions into its business

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HOW SOCIAL MEDIA CHANGES THINGS

Travel

• People trust what strangers have to say about a destination or a hotel on TripAdvisor

NewsNews

• People vote for news they think is most relevant on Digg

Technical support

• Experts help out each other solve problems on numerous forums

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A collection of A collection of A collection of

artificial branding

and pro-corporate

content

A collection of

artificial branding

and pro-corporate

content

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IRRELEVANT?

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1. Corporate website

2. Blog

3. Phone review website

4. Tech review website

6. Corporate website

5. Tech review website

7. Mobile news/review website

8. Gadget review website

10. Tech review website

9. Mobile news/review website

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STATISTICS

62% of users clicked on a result on Page 1

90% of people who bought something clicked a link on Page 1

41% of users performed a new search if they didn’t find what they want on Page 1find what they want on Page 1

People will (at most) go up to Page 3 before giving up

1 in 3 users associated companies listed in top search results with top brands

iProspect & Jupiter Research

(Search Engine User Behavior Study)

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FORGET EVERYTHING YOU KNOW

Your brand

• It’s what your customers say it is

Web presence

• It lives outside your website• It lives outside your website

Media

• People don’t trust corporations. People trust people.

• The consumer IS THE MEDIA

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100 PEOPLE

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CAUTION: TROUBLE AHEAD

1. Conversations are happening outside your realm of control

2. People are discussing, complaining, spreading false information about your spreading false information about your brand

3. No amount of advertising is going to change the way things are

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HOW IT AFFECTS YOU

1. You may see it as a huge threat

2. You will lose control, whether or not you’re part of it

3. You want to get involved and talk but you 3. You want to get involved and talk but you don’t know where to start

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THE PEE OUTOF THE SWIMMING

POOL

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6,000,000VIEWS IN THE FIRST WEEK

20 PERCENT INCREASE IN

BLENDER SALES2077

VIDEOS (BLENDTEC GETS

PEOPLE TO SUGGEST NEW

THINGS TO BLEND)

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THEM

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1. #1 pitfall – Choosing a technology first

2. Technologies change rapidly, and they’re not the point. The forces at work are

3. We need to know how to deal with these

BUT WAIT!

3. We need to know how to deal with these forces

4. Mastering the social Web – focus on relationships, not technologies

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1. People creating – blogs, UGC, podcasts

2. People connecting – social networks, virtual worlds

3. People collaborating – wikis, open source

THE FORCES AT WORK

3. People collaborating – wikis, open source

4. People reacting to each other – forums, ratings & reviews

5. People organizing content – tags

6. Accelerating consumption – RSS, widgets

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POST1

22

3

4

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DEFININGOBJECTIVESOBJECTIVES

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The measure of which you

define what a goal means

• Sale

Factors to consider

• Tell, don’t sell

CONVERSIONS: WHAT & HOW?

• Lead

• View

• Share

• Download

• Sign-up

• Conversions don’t always happen right away

• Previous experience affects future likelihood

• People don’t navigate in a linear fashion, don’t herd them

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DIRECT MEASURES & HALO EFFECT

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1 Instant messenger

2 Mobile

3 Microblogging1 Instant messenger

4 Virtual worlds

5 Social networks

6 Mash-ups

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CONVERSATIONCONVERSATIONECOSYSTEM

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CONVERSATION

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SUCCESSSUCCESSFACTORS

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3 KEY FACTORS FOR CONVERSATION

Visibility

• How easy it is for people to find your brand online

EngagementEngagement

• How relevant and connected your brand is

Trust

• How trustworthy your brand is in delivering its value proposition

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HOW TO FAIL

1. Focus on the tools and technologies first

2. Shout, not talk. Neglect developing a conversation strategy

3. Be ignorant about what you want to achieve 3. Be ignorant about what you want to achieve by engaging the social Web

4. Be clueless about what your brand means to people

5. Neglect the people

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CREATING ASTRATEGYSTRATEGY

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HOW TO GET STARTED

1. Identify and understand your audience

2. Define clear objectives, measurable goals

3. Connect and create value

4. Reward participation4. Reward participation

5. Grow

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TIPS FOR SUCCESS

1. Never forget that the social media is about person-to-person activity

2. Be a good listener

3. Be patient3. Be patient

4. Be opportunistic

5. Be flexible

6. Be collaborative

7. Be humble

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A CHALLENGE

1. Embrace your customers’ suggestions into your own development and process strengths

2. Listen and act on these suggestions to 2. Listen and act on these suggestions to accelerate innovation

3. Start a conversation with them to understand and exploit their knowledge

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IN THE COMING YEARSWE WILL NEED TODEPEND ON THE

PEOPLE WHO MATTERDEPEND ON THE

PEOPLE WHO MATTERMOST TO US:

OUR CUSTOMERS

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KEY TAKEAWAYS

1. Marketing needs to evolve, we need to change. Participation is the start

2. People don’t trust companies, people trust people. The people is the mediapeople. The people is the media

3. Key to conversion: Conversation

4. Success factors: Visibility, Engagement Trust

5. Technology is not the first thing to consider. Remember the POST method

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FOLKS!

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