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BRINGING YOUR CU INTO WORLD 2.0 Tri-District Chptr CU Assoc of NY Morriss Partee

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Bringing your credit union into World 2.0, presented by EverythingCU CEO Morriss Partee to the Tri-District Chapter (Buffalo-area) of the CU Association of New York, on May 1, 2009

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Service Measures

On-Brand ServiceOn-Brand Marketing

Financial Measures

Balanced Scorecard–Reinforce the Brand

Live the Brand!

©2005 EverythingCU.com and Denise Wymore

BRINGING YOUR CU INTO

WORLD 2.0Tri-District Chptr

CU Assoc of NYMorriss Partee

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WE ARE MORE

NEEDED AND

RELEVANT

THAN EVER

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HOW IGOT HERE

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HOW YOUGOT HERE

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SOCIALMEDIA

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COMMUNITYENGAGEMENT

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WEB 1.0

STATIC PAGES

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WEB 2.0 = SITES OR ONLINE COMMUNITIES WHERE PEOPLE

COMMUNICATE, SHARE AND/OR INTERACT

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SOCIAL MEDIA/NETWORKING SITES

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WORLD 2.0:I can get

• ANY information about• ANYthing, ANY place,

ANY one, or ANY businessat ANY TIME.

(oh, and I can’t get lost, either)

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Time for a magic trick

46645

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GOOD NEWS!Now is our time to shine

• Democratically controlled• Open, honest• Authentic• Local• A solid deal!

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Social Media/Networking

Morriss ParteeChief Experience Officer

EverythingCU.com

[email protected]·535·0621

http://everythingcu.wordpress.comFriend me on Facebook, Twitter, LinkedInToday’s slides will be on Slideshare.net

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100 YEARS AGO

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What never worked for us

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Word of Mouth

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Countries by Population

1. China 1,300 m2. India 1,100 m3. United States 305 m4. MySpace 245 m5. Indonesia 228 m

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Countries by Population

9. Russia 141 m10. Japan 127 m11. Mexico 106 m12. Facebook 100 m13. Phillipines 90 m

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Facebook Members

0

25

50

75

100

Jan 04 July 04 Jan 05 July 05 Jan 06 July 06 Jan 07 July 07 Jan 08 Aug 08Members

52 million

Founded

1 mil

HighSchools

Regions

CoverFast Company

100 million

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56% of online American consumers* feel a stronger connection and that they are better served by a company when they can interact with them in a social media environment.

-Cone Business Study, Sept. 2008

http://www.coneinc.com/content1182

*60% of Americans currently use social media.

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craigslist

SOCIAL MEDIA IS NOT A MARKETING THANGIT’S EVERYONE’S THANG

BLOCKED? WTF?

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What should I do now?

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CU social media case studiesVancity CU, Vancouver, Change EverythingCommon Wealth CU, Alberta, Young & FreeVerity CU, Seattle, We are V blogUFirst FCU, Albany, The BoardcastTDECU, Houston, Y&F TexasMembers CU, NC, What are you saving for?Carolina Postal CU, NC, I love my hooptyCommunity Choice CU, Des Moines, The Bills

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Results:

$179,000 in unpaid traditional media coverage

2,000,000+ impressions

2,736 new Y&F accounts$3,982,000 deposits into Y&F accounts

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What it is: Community blog to make Vancouver and BC a better place to live

Results: Featured coverage in local media, including TV and newspaper

Increased loyalty among members

Reinforces triple-bottom line of the CU

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New members joining Verity CU cite their

blog as the reason three times

more frequently than

direct mail.

Shari StormVP Marketing

Verity CUSeattle WA

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MemberNote

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MemberNote29% 41-5528% 25-4023% 56+

11% 18-24

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TIME TO JUMP IN!

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Join/Participate in

YOUR

online community:

www.EverythingCU.com

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Social Media/Networking

Morriss ParteeChief Experience Officer

EverythingCU.com

[email protected]·535·0621

http://everythingcu.wordpress.comFriend me on Facebook, Twitter, LinkedInToday’s slides will be on Slideshare.net