social business: reno ama 2011

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Bret L. Simmons, Ph.D. www.bretlsimmons.com @drbret #unrbrand Social Business Reno Tahoe AMA July 19, 2011

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Presentation on Social Business for Reno-Tahoe AMA on July 19, 2011

TRANSCRIPT

Page 1: Social Business: Reno AMA 2011

Bret L. Simmons, Ph.D.www.bretlsimmons.com@drbret #unrbrand

Social BusinessReno Tahoe AMA

July 19, 2011

Page 2: Social Business: Reno AMA 2011

http://www.edbatista.com/2011/07/self-monitoring-and-authenticity.htmlSocial Business

Communicating with friends that are interested in you and your business to continuously improve and grow your

business

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The next 50 minutes• Paradigm shift in the way we

communicate• Principles of inbound marketing• Social Objects• Examples• Recommendations• Questions

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What is the most credible and effective method of marketing?

How well are you leveraging that method?

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One-to-one

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One-to- many

One-to-one

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Do you still use the internet only as a one-to-one or one-to-many tool in your

business?

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Many-To-ManyClay Shirky, 2009

New technologies areradically transformingthe way we communicate

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People are talking

You earned everything they say about you

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What’s new?

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Speed, reach, and impact of good and

bad news about your business

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How are you responding?

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Business as usual?

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Something newAre you waiting for a recipe?

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Organizations should not be asking how social media are making them money; they should be asking how social

media are making them better

Richard BinhammerDell, July 2011

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Employees

Customers

Suppliers

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Is your website a hub of many-to-many interactions?

InboundMarketin

g

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Relational Capacity•Relevant Content• Conversation• Community

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Without engagement, we cannot compete for relevance. Without

relevance, we cannot compete.

Brian Solis, July 15, 2011

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Social Objects: Fuel of Many-To-Many

The reason two people are talking to each other Social networks form around social objects, not the other way around

Hugh MacLeod

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Social Objects•Documents• Video• Audio• Pictures• Presentations

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Social objects are most trusted when they are shared among

friends

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www.nickburcher.com June 6, 2011

Nothing works in isolation

Hub

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Consumer conversation about brands

1. Compare prices2. Talk about sales or specials3. Provide feedback to a brand/retailer4. Give advice5. Get advice on what to purchase6. Talk about where to purchase online7. Complain8. Talk about where to purchase offline

www.emarketer.com July 14, 2011

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Listen and Respond!

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• Strategic opportunity• Operational excellence• Give everyone that touches

your business something good to say

• Convene the conversation• Become a valuable social

object factory

Recommendations for business

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Recommendations for you

• Participate!• Learn• Don’t quit

Paradigm shifts create tremendous opportunities for those that give themselves permission to be excellent

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Questions?

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Bret L. Simmons, Ph.D.www.bretlsimmons.com@drbret #unrbrand

Social BusinessReno Tahoe AMA

July 19, 2011