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Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

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Page 1: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Social Media for Credit Unions of All

SizesEast Coast Marketing

ConferenceSeptember 25, 2015

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 2: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Group activity!

Page 3: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

OVERVIEW OF SOCIAL

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 4: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Who is using social now?

Page 5: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Why social?

• It’s expected. Your members are already talking about you there

• Easy to get started• Affordable... not free• People trust word of mouth far more

than they trust advertising. • It’s flexible. You can tailor how you use

it to meet your own needs, and match how your members are using it

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 6: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Benefits to your credit union

• Direct line of communication to members

• Engage members where they are• Word of mouth• You control the message • Cheaper, faster than traditional

media• Sharing & message amplification• Fast feedback & analytics

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 7: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Benefits to your members

• Direct line of communication. They feel like you’re listening

• Easy for them to share you with friends & family

• Opportunity for them to learn more about you

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 8: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Which networks? So many options!

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 9: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

HOW WE’RE USING SOCIAL

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 10: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Goals

• Positioning: trusted local financial experts• Reinforce our brand - showcase our

difference • Build a network of advocates• Show our strength• Celebrate accomplishments• Recruit talent• Quickly & effectively handle negative

situations• Another touch point with members

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 11: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Social is just a piece of our communication structure

• Use social to share your own content• Drive traffic back to your website

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 12: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Be relevant

• Share information that’s useful and helpful to your members

• Related to what you do, but not always selling

Page 13: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Share

• It’s not all about you

• Build credibility and improve engagement by sharing other’s content (80/20 rule)

Page 14: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Ask them to share

• (and recruit new talent)

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 15: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Invite participation

Page 16: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Tell your story in a new way

Page 17: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Give them something to anticipate

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 18: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Monitor & Respond

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 19: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

BEST PRACTICES

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 20: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Make the time

• Scheduling posts in advance• Block out time to gather shareable

content, and then plan ahead• Use your existing content

(newsletters, website, etc…) • Reality – it’s not all that time

consuming

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 21: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Identify ambassadors

• Provide SM training to employees who:– Share your message– Talk about you & tag you in their messages– Like / favorite your message

• Benefits:– Message amplification

• Your message reaches a broader audience when it’s shared

– Boost visibility to your own followers • More engagement on a message (liking, commenting,

sharing) means the message is shown to more of your own followers, too.

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 22: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Leave a mark

• Attach your brand to shareable content

Page 23: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Run new follower campaigns

• Don’t: pay for just any follower, you want people who will engage

• Do: use targeted ads to specifically reach your members

August results:Facebook - 312 new likesTwitter – 112 new follows

Page 24: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Social advertising

• Ads and boosted messages, targeted to specific audiences

Reach: 11,000People near branch

Boosted to local iPhone 6 users

Page 25: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Targeted ads: for more than just sales

Page 26: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Use analytics

Page 27: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Seriously… there’s analytics everywhere

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 28: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Have fun! Don’t be so serious

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 29: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

DISCUSSION / Q&A

Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Page 30: Social Media for Credit Unions of All Sizes East Coast Marketing Conference September 25, 2015 Joe Mecca, Coastal Federal Credit Union @jfmecca | @coastal24

Connect with Us!

facebook.com/Coastal24twitter.com/Coastal24youtube.com/Coastal24TV

facebook.com/MECUAnywheretwitter.com/MECUANYWHERE

Joe MeccaCoastal Federal Credit

[email protected]

Sarah Dale HarmonMembers Exchange [email protected]