Reinvent Your Business Using Social Media

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Transcript of Reinvent Your Business Using Social Media

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• Lack of Knowledge & Understanding• Brand Management & PR Concerns• Lack of Time and Personnel• It’s a Passing Fad

Social Media Myths & Fears

Most Common Reasons:

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•By 2010 Generation Y will outnumber baby boomers

•YouTube is second largest search engine in the world

•Facebook has reached 400m users – fastest growing segment is 55-65 year old women

•50 million Tweets per day - 80% are outside of Twitter

•Over 200,000,000 Blogs

•80% of companies use LinkedIn as primary tool to find employees

Social Media Trends

2010 Stats:

Source Mashable.com & Socialnomics.net

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Why Social Media?

Business Benefits:

• Visibility & Branding• Customer Service & Interaction• Generate Leads• Market Intelligence

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What Do I Need? • Increase Sales• Create Brand Awareness• Promote a Product or Service• Generate Leads • Customer Service• Attract Employees• Gain Customer Feedback• Share Expertise

Getting StartedWhat is your goal?

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Be Methodical:• Observe Others• Study Competition• Learn Social Media Etiquette• Establish Corporate Best Practices

Plan of Attack

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Extend Your Strategy

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Step One: Branding & Visibility• Build Your Community• Promote Your Social Networks• Engage with Potential Customers• Promote a Contest / Deal / Event

Building Your ImageTips in Getting Started

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Promote, Promote, Promote• Promote a Contest / Deal / Event• Engage Your Audience• Make it Simple• Offer Something Unique

Building Your ImageTips in Getting Started

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Build Your Community

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Build Your Community

Over 25% Growth of Fan Base In Two Weeks!

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Build Your Community

Fan Pages With

• FANtastic Content

• Facebook Enhanced Pages

• Being Attentive

• Being Real

• Sharing

http://www.facebook.com/#!/projectworkingmom?ref=ts

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Attracting LeadsTips in Getting Started

Step Two: Lead Generation• Post Coupons / Promotions / Contests• Use Guerilla Style Campaigns• Post Industry Info / Article Links• Cross Promote (i.e., Traditional Marketing)

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Attracting Leads

www.threadless.com/

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Build Your Community

1 Million in Revenue In 1 Day!

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Steps to Get Started:• Use the name of you business as your Twitter username• Create a Custom Twitter Background• Use Advanced Twitter Search Industry Influencers that your Business Should Follow• Use Link Shortners, Hashtags, Direct Messages• Acknowledge Your Followers

Attracting Leads

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Managing Your CustomerTips in Getting Started

Step Three: Customer Interaction

• Be Responsive• Ask for Feedback• Be Consistent• Setup Alerts & Monitor (i.e., Google, SocialMedia, Monitter, Tweetbeep, Heartbeat)

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Setup Alerts

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Manage Feedback

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Manage Negative Feedback

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Gather Your Data

Step Four: Market Intelligence• Gather & Analyze Data• Keeping Doing What Works• Add Something New (i.e., offer a new product)• Watch Your Competitors• Monitor the Marketplace• Manage Your Brand

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Monitor Your Brand

Monitoring Tools:• Tools such as Brandwatch, TweetDeck, Socialmention and Heartbeat help you monitor your brand

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Monitor Your Brand

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Monitor Your Brand

Video: http://www.youtube.com/watch?v=g-Z2x4SClaE&feature=related

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Monitor Your Brand

Establish Best Practices:

• IBM and Intel Published Guidelines for Social Media Use

• 41% Of Excels Say Info Will be Leaked• 89% Of Internet User Give Personal Info

Online• 15% Of Employees Said If Their

Employer Did Something They Did Not Agree with They Would Comment About it Online

Source IBM - http://www.ibm.com/blogs/zz/en/social_computing_guidelines.html

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Monitor Your Brand

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Stay Ahead of the Game

Add Something New:• Watch Your Competitors• Stay on Top of Trends• Reward Your Customers (i.e., customer loyalty or rewards program)

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Who, What, Where, Now?

What are the Next Steps?Join the conversation

• Who, what, when, how can you help?

Create a Manageable Plan • Social media takes time • Build your network

Measure Results • Adjust as needed

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Questions?

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Connect, Join, FollowGet Social!

Connect with Kathy SteeleLinkedIn: http://www.linkedin.com/in/kathleensteele

Twitter: http://twitter.com/kathysteele

Connect with Desert Rose DesignDRD Blog: http://write-on-red.desertrose.net/

DRD Facebook: http://www.facebook.com/DesertRoseDesign

DRD Twitter: http://twitter.com/DRDmarketing

DRD Resource Box: http://www.desertrose.net/resourcebox/

DRD LinkedIn:

http://www.linkedin.com/groups?home=&gid=1846028

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