An Introduction to Social Media for Business

Post on 13-Jan-2015

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A copy of the presentation given to delegates at the Business Link, Social Media for Business seminar at the Penventon Park Hotel, Redruth on the 27th October. Includes links to principal platforms and services.

Transcript of An Introduction to Social Media for Business

An Introduction to

Social Media for Business

Is it just a fad?

Where do I start?

Where’s the money?

What you stand to gain

• Cost effective marketing

• Brand trust & credibility

• Increased customer loyalty / retention

• Wider reach

• Insight into market opinion

• Improved collaboration

• Increased sales & profitability

Who am I?

• Marketing Director at Tonick Media

– Private, Public, Third Sector clients

– Publishers of Business Cornwall

• Co-Founder of Cornwall Social Media Café

• Lead Organiser of Cornwall Twestivals

• Background in sales, marketing and media

What is Social Media?

“Media designed to be disseminated through social interaction, created using highlyaccessible and scalable publishing techniques.”

Wikipedia Definition

or

“...it’s how people read, discover and shareinformation.”

Understanding Social Media

• Many to many

• Real time

• Community

• Authentic

• Conversational

• Sociological / Technological

• UGC and CGM

Who’s using Social Media?

Graphic created using http://www.wordle.net/.

The Technology

Social Media Platforms

Blogs Social Networks

Wiki Sites File Sharing Sites

Social BookmarkingLive Streaming

Virtual Worlds Aggregators

Credit: Brian Solis, www.briansolis.com JESS3, www.jess3.com

Some Statistics

• More than 300m active users• More than 150m log on every day• 10m+ users become fans of Pages every day• 27% are between 25-34 • 23% are between 35-49 • Fastest growing user group on Facebook is 35+

Some Statistics

• 77% of active internet users read blogs• 133m+ blogs indexed by Technorati• Websites with blogs achieve 55% more traffic

Some Statistics

• 24m unique visitors

• The average age of a Twitter user is 31

• Only 16% of users under 25

• Reached 10.7% of active internet users in June

Some Statistics

• 1 new user per second• 47m active users• Executives from all Fortune 500 companies • Average earnings of $109k (Approx £68k)• 46% of LinkedIn users are Decision Makers

How are others using it?

Case Study: Business Cornwall

Where’s the money?

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

Jan Feb Mar Apr May Jun Jul Aug Sep

Visits

New Visitors

Page Views

Case Study: Business Cornwall

Case Study: UKNetWeb

Where’s the money?

Case Study: UKNetWeb

Case Study: UKNetWeb

• 500% increase in new business enquiries through social networks

• 2/3 of all enquiries through social networks

• Higher average order values

• Increased reach

More Examples

• Dell– $3m Sales attributed to Twitter

• Twestival– £2,644 raised locally

• Surfers Against Sewage– Hundreds of new members, increased

activity

• Tonick Media

Getting started

Planning an approach

Identify your community

Define your objectives

Decide your approach

Allocate resources

Link to technology

Identifying your community

Customers Influencers Partners

Demographics

Technical ability

Interests

Geographic location

Staff

Journalists

Suppliers

Politicians

Allied trades

Competitors

Funders / Investors

Other regions

Where do I start?

• Get started with social networks– Twitter

– Facebook

– LinkedIn

• Start writing a blog

• Engage in conversations with your ‘community’

• Attend events

• Build relationships online & off (blended approach)

Some tips

• Start with the people you know• Get your alerts set up• Think “Why would someone care?”• Remember your audience• Always be ethical and respect etiquette• Be clear in your objectives• Don’t overstretch• Quality over quantity

Measuring and Analysis

• Google Analytics

– Visitors

– New vs. Returning

– Time on site

– Keywords

• Google Alerts

• SocialOomph, TweetBeep & Twitter Search

– Mentions

– Sentiment

In Summary...

• It’s not just a fad – but it is.• Plan out your approach• Understand your objectives• Monitor and tweak regularly• Don’t start with the technology• Remember it’s Social Media• Quality over Quantity• Think ‘Why should they care?’

How we can help

• Planning & Strategy

• Advice & Guidance

• Research

• Bespoke Training– One to One

– For Teams

More information

• Message me on Facebook, Twitter, LinkedIn or any other social network you find me on

• Check out the blog at www.tonickmedia.com/blog

• Give me a call – 01209 718688 / 07501 259000

• Send me an email - aren@tonickmedia.com

Thank you for listening