In Like Flynn

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Flynn Enterprises Connecting Small Businesses to Clients and Customers Since 2009 Mike Healy, Principal

Transcript of In Like Flynn

Page 1: In Like Flynn

Flynn Enterprises

Connecting Small Businesses to Clients and Customers Since 2009

Mike Healy,Principal

Page 2: In Like Flynn

3 Primary Ways for Small Businesses to Generate Customers/Clients

Foot trafficLocation, location, location

Word of Mouth/ReferencesCustomers talking to each other

about your business

AdvertisingPay $$$ to put information about

your business in front of customers’ eyeballs

Flynn Enterprises

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Achieving Maximum Impact

Location

Advertising

Word of Mouth

Factors you can influence each day

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Achieving Maximum Impact

Location

Advertising

Word of Mouth

Small-Business Advertising: Common Tactics

Television AdvertisementsPro: Extremely wide audience, visually dynamicCon: Prohibitively expensive, costly & difficult to produce

Radio AdvertisementsPro: Wide audienceCon: Prohibitively expensive, listeners increasingly turning

to .mp3s, satellite radio, or simply changing the channel

Newspaper AdvertisementsPro: Wide audience, consistently present on pageCon: Expensive, limited space, static – no way to ensure your

specific ad is seen.

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Achieving Maximum Impact

Location

Advertising

Word of Mouth

Small-Business Advertising: Common Tactics

Word of MouthPro: Strongest form of business promotion; most likely to

draw in new and repeat business, FREE

Con: Difficult/impossible for businesses to manage, control and control

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Achieving Maximum Impact

Location

Advertising

Word of Mouth

Small-Business Advertising: Overlooked & Underutilized

Avenues and Tools

Social/Online Media

- Facebook- Twitter- Blogs- Customer Review Sites (Yelp!, Urbanspoon,

etc.)- Groupon- Etc.

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Social/Online MEdia

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Facebook

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FLYNN ENTERPRISES

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

FacebookKey Facts and Figures (Source)

Facebook has more than 400 million users worldwide 120 Million U.S. Users

800,000 Chicagoans are active on Facebook- 1 in 4 Chicagoans!

55.7% Female, 42.2% Male Breakdown by Age Group

i) 18-24 = 40.8% Ii) 24-34 = 26.7% Iii) 35-54 = 16.6%

66.3% of Facebook users are 21+

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

The average American spends 55 minutes/day on Facebook

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Facebook: Applications for

Small Businesses

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FLYNN ENTERPRISES

Share Basic Information

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FLYNN ENTERPRISES

Give customers an idea of your place’s personality – post photos

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FLYNN ENTERPRISES

stay at the forefront of customers’ minds – specials, deals, etc.

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FLYNN ENTERPRISES

stay at the forefront of customers’ minds – Events + Groups

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FLYNN ENTERPRISES

Close the deal – Allow customers to purchase through Facebook

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FLYNN ENTERPRISES

Interact with customers and fans directly

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Social/Online Media

FacebookWhere FE can help If you aren’t on Facebook, get on it! Regular reports detailing new account highlights,

breakdown, trends, etc. Daily content generation and managementExample:The Fainting GoatDecember 15, 2009 (work begins) – 172 FansApril 30, 2010 (4 months) -298 Fans

+72.3% organic increase in fans+1,200% organic increase in pageviews+423% organic increase in interactions with fans

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Social/Online Media

+72.3% organic increase in fans

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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TFG Facebook: Total Fans - No-vember 2009 - April 2010

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Social/Online Media

+1,200% organic increase in page views

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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TFG Facebook: Page Views - No-vember 2009 - April 2010

AVG Prior to 12/15/09: 8 Page Views/Day

AVG 12/15/09 - 4/30/10

96 Pageviews/Day

1,200% In-crease

AVG Prior to 12/15/09: 8 Page Views/Day

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Social/Online Media

+423% organic increase in fan interactions

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Total Posts

TFG Facebook: Total Posts vs. Total Fan Interactions

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Social/Online Media

Facebook: AdvertisingMicro-targeted Ads

Target people by age, sex, geographic location

Target by stated interests and group memberships

Pay only for actual clicks on your ad

Set a daily budget – spend as much or as little as you want each day

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Twitter

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FLYNN ENTERPRISES

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

TwitterKey Facts and Figures

12th most popular website in the world 50 million Tweets per day and growing

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

TwitterKey Facts and Figures

Demographics (Source) 19% of online adults ages 18-24 have used Twitter or

something like it 20% of online adults age 25-34 have used Twitter or

something like it 10% of online adults age 35-44 have used Twitter or

something like it

53% Female, 47% Male

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

TwitterKey Facts and Figures

Income Level of Users (Source) $0-$30K Household Income = 21% $30-$60K Household Income = 28% $60-$100K Household Income= 24% $100K+ Household Income = 27%

Miscellaneous 35% of Twitter users live in urban

areas 76% of Twitter users use the internet

wirelessly (e.g., phones, mobile, etc.)

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Twitter: Applications for

Small Businesses

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Twitter: Applications for

Small Businesses

Get your businesses’ name involved in relevant conversations

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Interact with the public, Capitalize on Current Events

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Interact with the public, Capitalize on Current Events

Twitter: The Perfect Vehicle for Word-of-Mouth Recommendations

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Social/Online Media

TwitterWhere FE can help If you aren’t on Twitter, get on it! Regular reports detailing new account highlights,

breakdown, trends, etc. Daily content generation and managementExample:@FaintingGoatPub

December 15, 2009 (work begins) – 16 followersApril 15, 2010 (4 months) - 270 followers+1,687% increase in followersIncreased direct messages by more than +600%Multiple daily @replies and retweetsPromotion with @DenverHappyHour for 3,000th follower

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Online Review Sites

(Yelp! Urbanspoon, et al.)

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Social/Online Media

Review SitesKey Facts and Figures – Yelp.com

More than31 million people access Yelp! each month

(^ "yelp.com (rank 88) - Web Site Audience Profiles from Quantcast". Quantcast. 2008-07. Retrieved 2008-08-19.)

Breakdown: All Yelp! Reviews:

A business that is active and responsive on Yelp is statistically more likely to gather positive reviews

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Social/Online Media

Review SitesWhere FE can help

If you aren’t listed, get listed!

Monthly reports detailing new review highlights, breakdown, trends, etc.

Daily updates/alerts of new reviews and changes to rating site systems

“Yelp Makes Big Changes in Effort to End Extortion Claims” – Mashable.com April 6, 2010

Provide strategic recommendations on wisdom of advertising on review sites, becoming official sponsors, etc.

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Blogs

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

BlogsTwo Primary Uses:

As a marketing venue

As an identifier/value-add for customers and clients

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Blogs as Marketing Venues

Self-selected audience Readers and commenters on blogs have volunteered

important information about themselves and where they spend their time online

- i.e., People reading a White Sox blog More likely to live in Chicago

• South Siders (Much) more likely to respond to sports themed

specials More likely to appreciate niche marketing

- i.e., People reading a political blog More likely to serve as campaign volunteers More likely to respond to fundraising requests More likely to write a letter to the editor

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

www.SouthSideSox.com

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Social/Online Media

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

Blogs as Value Added

Become a source of trusted and important information for your customers/clients

- i.e., Sports Bar Write weekly blog posts/Facebook notes outlining what

sporting events are happening each night of the week, along with what corresponding special the bar is running

- i.e., Vintage Clothing Store Weekly blog posts/Facebook notes about interesting items

that were brought in in the past week, along with some context and history concerning what would make this item an interesting purchase

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Social/Online Media

BlogsWhere FE can help Which blogs attract your target customers/clients?

Could your business benefit from a blog? Could your customers?

Blog concept + design work

Content generation and management Conceptualize, write and update blog posts

Reporting and analysis of the blog landscape, constant updates on what can be advantageous to your business, and how

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

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Social/Online Media

Groupon

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

•Businesses offer massive discounts on services, which are then advertised on Groupon.

•Consumers buy the discount. If a certain minimum threshold of Groupons are not bought, the deal does not go into effect, ensuring the deal will only be executed if it will be profitable for the business.

Where FE can help:

• Facilitate Groupon conceptualization and design

•Manage purchase and set up process with Groupon

•Promote Groupon through Facebook, Twitter, et al.

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Social/Online Media

FourSquare

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

•Mobile service that allows users to “check-in”, electronically proving they have visited a business or establishment

•Many businesses design FourSquare specials to incent patrons to return.• E.g., “Every 10th check-

in earns a free medium coffee.”

Where FE can help:

• Ensure accurate and professional listing on FourSquare

• Conceptualize/Design FourSquare promotions

• Promote through FourSquare, Facebook, Twitter, et al.

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Social/Online Media

Other Services

Facebook

Twitter

Blogs

Review Sites

Groupon, et al

Additional Resources

• Web design

• E-mail newsletters• Design• Write/distribute

•SMS/Text alerts

• “Traditional” media ad design , consultation and purchasing

• Logo development and other design

• Copywriting

• Strategic consultation