Internet World 2010 - How to Implement a Social Media Marketing Strategy in 90 Days

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This PPT shows you how to get started in your social media marketing efforts in as little as 90 days.

Transcript of Internet World 2010 - How to Implement a Social Media Marketing Strategy in 90 Days

How to implement a Social Media Marketing Strategy in 90 days

Bob BarkerVP Corporate Marketing and Digital Engagement

Alterian

http://twitter.com/bob_barkerLearn more

First of alllearn about how social media is changing the

way the world communicates

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Why is it important for marketing?

“When Advocates Talk, Brands Grow”™ 22squared.com

Consumers no longer trust advertisingand traditional corporate channels.

Consumers have found ways to tune us out.

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People are talking and listening to each other about your brand.

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Perhaps it is time you started understanding listening and participating too?

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90 Day Flowchart, L-A-S-E-L

Listen

Month 1 Month 2 Month 3

Analyse

Learn Build a plan & content Engage/Measure

Engage

ContentEngagement

Personal (Sales)

Engagement

ListenStrategise

Form a Social Media Habit

ContentBuild

Learn more

90 Day Flowchart, L-A-S-E-L

StrategiseListen Analyse Engage

ContentEngagement

Personal (Sales)

Engagement

Month 1 Month 2 Month 3

ContentBuild

Form a Social Media Habit

Learn Build a plan & content Engage/Measure

Listen

Learn more

There are tools to help brands listen

Social Media Monitoring Tool

How does it work?

Collect

Store

Social MediaWarehouse

Analyse

Engage

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WARNING:You are not required to

Blog or Tweet to use an SMM tool

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Marketing Holy grail = understand what your

customers want

“Never before in the field of marketing

was so much known about so many by so few”

Marketers have never had it so good

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Is anyone actually talking about us

then?Learn more

Drill into the actual conversations

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But what is the competition up to?

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Compare with competitors

Do we need to increase our SM activity?

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And how influential are they?

Show me the money

“We did not put the customer first”Toyoda, Sunday Times 28th March

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Who are these people who have the time to talk

about us online?Learn more

Demographics

The communities that advocate your products

• Join communities that advocate your products• Join that of your competitors

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Create community

“We monitor in excess of 1,500 discussion threads a day on very specific topics where we think

we can add value to the conversation. It’s not possible to participate in all of the threads, but there are

ways to identify which conversations are the most influential, which ones have the greatest reach,

and those are the one in which we’re most likely toparticipate. We've also created a consumer

advocate community as well as a platform that we’ll be launching in a few weeks to support their

activities.”Marty Collins, Senior Product Marketing Manager, Windows Live, Microsoft

What are the trends in what

people are saying?

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Word and Author Tag Clouds

Use in your SEO Learn more

Understand the geographic spread of conversations – find new markets

Show me the money

Fortune 500 consumer products company

discovered that over 75% of its marketing spend did not

reach its most influential social channels

Source: Social CRM – The New Rules of Engagement, Altimeter Group, March 2010

Learn more

90 Day Flowchart, L-A-S-E-L

StrategiseListen Analyse

Month 1 Month 2 Month 3

Form a Social Media Habit

Learn Build a plan & content Engage/Measure

Learn more

If you launch into Tweeting and blogging and posting videos to youtube without a plan you will fail. It’s that simple.

“You wouldn’t jump into a raging river without knowing how to swim, don’t create a Twitter account without knowing how to use it.” Lisa Barone, Outspoken Media

Raging River

• Bring outside ideas into the organization• Generate more word of mouth• Increase customer loyalty• Increase product/brand awareness• Improve new product success ratios• Improve public relations effectiveness• Reduce customer acquisition costs• Reduce customer support costs• Reduce market research costs• Reduce product development costs

Step 1: Set business objectives

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Try and control your identity on the Web. You

might not use all the accounts but do your

best to secure a unified social media username

as soon as you can.

Step 2: Secure your brand’s online identity

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3. Who are you? Who do you want to talk to?Get your company story straight. And work out where you want to take that story. Understand who your customers are and what communities are important to them – and therefore to you.

4. Set the ground rulesWho owns your Social Media Marketing strategy? How will it be integrated into your general marketing plan? Who from the company will participate? How much time will be spent on social media? How will you deal with negative criticism?

5. Benchmark against your competitorsWhat are your leading competitors doing in this space?

…and a few more steps

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Decide what increase or decrease percentage of change you would like depending on the business need:

- reduce demand on the call centre by X percent

- reduce returned products by x percent- increase leads by X percent- increase sales by X percent

And finally, decide what to measure

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90 Day Flowchart, L-A-S-E-L

StrategiseListen Analyse

Month 1 Month 2 Month 3

ContentBuild

Form a Social Media Habit

Learn Build a plan & content Engage/Measure

Learn more

Content Build:Social Media

publishing

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The Top 3 Tips

• Be Interesting

• Be Accessible

• Be Findable

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Effective social media marketing begins and ends

with the CONTENT. If you don’t have something

interesting to say all your other efforts will be for not.

It’s all about the CONTENT.

Be interesting

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Be accessible

In social media distribution is cheap. Deploy and test

as many new CHANNELS as you can. Doing

so enables your customer to choose the time and

place of engagement.

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Be findable

You can boost your accessibility by making sure

your deployed assets are findable by your

customers. Ensure your content and deployment

strategy are as SEARCH friendly as possible.

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Write Once Publish many

Repurposing content opens new points of distribution and has a

compounding effect on reach

Start a discussion

Chop into episodic blog posts

Deploy as formal release

Repackage as presentation

Add voice for video

Tweet key takeaways

Asset deployment by SM channel

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Twitter deployment Scedule

Suggested TweetWeek 1 Why not sign up for the Social Media ROI series

http://bit.ly/ROI its got great insight

Week 2 Speaking at Internet world on Social Media Marketing http://bit.ly/IW/sm90 #Alterian

Week 3 Check this out: 4 Ways To Take Your Search Marketing http://bit.ly/seoROI #AlterianSM2

Week 4 Today’s SEO Tip: RSS distribution is one of the easiest ways to give your content legs http://bit.ly/seoROI #AlterianSM2

Week 5 Seems Inbound linking is the most challenging. Use SMmonitoriing guide your optimization – http://bit.ly/seoROI#AlterianSM2

Learn more

Personal BlogsX

Coffee ShopChat/Gossip/Tips/Links

LibraryReading/research/Education/Sharing

StoreLearning/watching/buying

MicroBlog/Realtime Blog/Community Website/Surfers

Moving Towards a Holistic Web Presence

1. 2. 3.

Learn more

90 Day Flowchart, L-A-S-E-L

StrategiseListen Analyse Engage

ContentEngagement

Month 1 Month 2 Month 3

ContentBuild

Form a Social Media Habit

Learn Build a plan & content Engage/Measure

Learn more

90 Day Flowchart, L-A-S-E-L

StrategiseListen Analyse Engage

ContentEngagement

Personal (Sales)

Engagement

Month 1 Month 2 Month 3

ContentBuild

Form a Social Media Habit

Learn Build a plan & content Engage/Measure

Learn more

90 Day Flowchart, L-A-S-E-L

StrategiseListen Analyse Engage

Personal (Sales)

Engagement

Month 1 Month 2 Month 3

ContentBuild

Form a Social Media Habit

Learn Build a plan & content Engage/Measure

ListenBroadcastOnly?

Learn more

Do it yourself

“Ask not what your company can do for you ask what you can do for your company (and yourself)”

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The magnificent 7

Questions• Who are you fans?

• Who wants to help?

• Who is damaging the brand

• Who is looking for your products?

Solutions• Talk to them, love them

back• Empower them, they will

tell others• Take ACTION, get

feedback, say “I’m Sorry”

• Identify them and engage

Ways to Engage

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Sales Engagement

1. Find those that are interested in your products so you can join the conversation

2. Establish a daily routine3. Participate in the conversations – build

relationships

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But do they actually want to buy something?

Is it just talk?Learn more

Identify, allocate the conversation, speak to them and add value

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Show me the money

A Fortune 100 Financial services company used social sales insight to determine when they could be helpful in social channels and conversations

as opposed to interrupting the conversation. Four months later, the

social channel territory sales comprised 10% of all sales.

Source: Social CRM – The New Rules of Engagement, Altimeter Group, March 2010

Conversations create transactions – people buy from

people

Learn more

90 Day Flowchart, L-A-S-E-L

StrategiseListen Analyse Engage

ContentEngagement

Personal (Sales)

Engagement

Month 1 Month 2 Month 3

ContentBuild

Form a Social Media Habit

Learn Build a plan & content Engage/Measure

Listen

Learn more

Ongoing Process – for marketing

DevelopContent

Listen

AnalyseEngageBuildingBrand

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Ongoing Process – to empower staff

ProvideValue

Listen

Join the conversationTransact

CommunityBuilding

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Importance of Social Media Monitoring and interactionin creating a perfect market

Internet and Social media influence on engagement

Customer Engagement operational excellence required

HIGH

LOW

HIGH

LOW

UNKNOWN AWARE CONVERSATION CUSTOMER ADVOCATE

CUSTOMER ENGAGEMENT

Search

Social MediaConversations

Instant Market

Research

Conversations Create

transactions

BrandProtection

Social Media

Publishing/marketing

It all starts with listening

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Next Steps

bob.barker@alterian.comhttp://twitter.com/bob_barker

Use the tool Learn more

Read the bookVisit the stand

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