Social Media that Generates Leads and Acquires Customers

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SOCIAL MEDIA THAT GENERATES LEADS AND ACQUIRES CUSTOMERS

Transcript of Social Media that Generates Leads and Acquires Customers

Page 1: Social Media that Generates Leads and Acquires Customers

SOCIAL MEDIA THAT GENERATES LEADS AND ACQUIRES CUSTOMERS

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If you are not part of the conversation, you will not be part of the consideration set.

THE SOCIAL ECOSYSTEM

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THE SOCIAL ECOSYSTEM “Social technologies have literally changed how billions of

people live. People rely on their online social connections – often including friends and associates they have never met in person – for everything from advice on what movie to watch to positive reinforcement for behavior modification (e.g., diet and weight loss)”.

-- Clay Shirkey, Cognitive Surplus.

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FROM A CONSUMER PERSPECTIVE: •  1.5 billion social networking users globally; •  80% of total online users interact with social networks

regularly; •  Facebook logged its 1 billionth user in September 2012; •  Share of online time spent on social networking doubled

between 2008 to 2011, from 7% to 15%.

THE SOCIAL ECOSYSTEM

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CONSUMER PERSPECTIVE: •  Social technologies

are replacing other web application and uses – email and instant messaging are off sharply in past few years.

THE SOCIAL ECOSYSTEM

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SOCIAL NETWORKING ALSO AFFECTS SEARCHING: •  In 2010 33% of internet users accessed content (articles,

videos, reviews etc) via links through social media rather than search engine recommendations - a 20% jump since 2008.

•  Facebook overtook Google as the leading source of traffic to YouTube in October 2011.

THE SOCIAL ECOSYSTEM

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AND THEN THERE IS THE “MOBILE EFFECT”: •  There are now more than 6 billion mobile phones in the

world. •  Smartphones make up more than 50% of new phone

sales in developed markets like USA. •  Adoption of tablets is growing - As of January 2012 29%

of US adults owned a tablet or eReader. •  In 20011 more than 40% of active users accessed

Facebook through mobile devices monthly.

THE SOCIAL ECOSYSTEM

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IF SOCIAL MEDIA CAN HELP TAKE DOWN A COUNTRY, IMAGINE WHAT IT CAN DO TO A BRAND: •  According to an NM Incite survey, 58 percent of social

media users say they write product reviews to protect other consumers from bad experiences to “punish companies.”

•  More than 60% of social media users say that consumer ratings and consumer reviews are their preferred sources of information about products and services.

THE SOCIAL ECOSYSTEM

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FINALLY, THE MORE THAT CONSUMERS COMMUNICATE ON SOCIAL NETWORKS, THE MORE THREATENED TRADITIONAL COMMUNICATION MODELS WILL BE.

THE SOCIAL ECOSYSTEM

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“This value is predicated not on use of social technologies alone, but on creative, thoughtful, and well-executed strategies that incorporate other channels.”

-- Mckinsey & Co.

SOCIAL IS NOT A SILO OR CHANNEL

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SOCIAL MEDIA THAT GENERATES LEADS

AND ACQUIRES CUSTOMERS

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Key  facts  to  be  included  

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AMERICAN EXPRESS SMALL BUSINESS SATURDAY

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AMERICAN EXPRESS SMALL BUSINESS SATURDAY

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AMERICAN EXPRESS SMALL BUSINESS SATURDAY

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•  Approx 100,000 small business owners downloaded POS and promotional materials.

•  Participating businesses experienced a 28% on average lift in revenue over the previous year.

•  2011 Small Business Saturday drew 103 million shoppers and generated a 23% increase in Amex card member transactions.

DID IT WORK?

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COCA COLA SHARE A COKE WITH A FRIEND

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COCA COLA SHARE A COKE WITH A FRIEND

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COCA COLA SHARE A COKE WITH A FRIEND

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•  Sales up 7% during the campaign period (most successful summer ever);

•  378,000 custom coke cans printed in Westfield Malls across the country;

•  Facebook site traffic increased 870%; •  The number one most talked about Facebook page

in Australia and 23rd globally; •  76000 virtual coke cans shared; •  18,000,000 plus media impressions.

DID IT WORK?

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Re-targeting the Brand Through Social Media

SAUZA TEQUILA SOCIAL MEDIA MAKEOVER

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SAUZA TEQUILA Traditionally Male Targeted

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SAUZA TEQUILA MALE CREATIVE APPEAL

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Retargeting strategy

SAUZA TEQUILA WOMEN AGE 30+ ACCOUNT FOR LARGE %

CONSUMPTION

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SAUZA TEQUILA OFFICIAL COCKTAIL OF LADIES NIGHT IN

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SAUZA TEQUILA CONSUMER QUOTES AND PRESS

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DID IT WORK?

Sauza Patron Cuervo

Sauza Blue is now the most recognized bottle at shelf

500%

sales  increase  

Over 10MM

views and counting

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ROM CHOCOLATE BAR

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•  Mars and Snickers had entered the market and taken Rom Bar off the top shelf.

•  Consumers had become board with the brand and moved on to trying something new.

•  Most young Romanians were disillusioned with the economy/country – felt they needed to go to another country to succeed.

BRAND CHALLENGES

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ROM CHOCOLATE BAR

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•  Reached 67% of all Romanians; •  300,000 Euro’s in free Press Coverage; •  Most popular chocolate bar in Romania; •  20% increase in sales during the period.

DID IT WORK?

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Leveraging social media for low level engagement products…

OMO LIQUID DETERGENT SOCIAL MEDIA MAKEOVER

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OMO LIQUID DETERGENT SOCIAL CAN HELP RAISE CONSUMER

ENGAGEMENT

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OMO LIQUID DETERGENT ONLINE VIDEOS FEATURING A HIGH ENERGY MAID

CALLED ‘SUPER NICE’

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•  OMO sales increased by 194% in just four weeks.

DID IT WORK?

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TESCO HOME PLUS SOUTH KOREA

Taking the Store to the Consumer

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TESCO HOME PLUS SOUTH KOREA

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TESCO BRINGING THE STORE TO THE PEOPLE

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•  10287 shoppers in first few weeks •  76% increase in registered members •  130% increase in online sales •  No 1 in online shopping •  Turned waiting time into shopping time!

DID IT WORK?

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Leveraging social media to enhance both customer experience and company results

WONGA.COM

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WONGA.COM

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WONGA.COM

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WONGA.COM

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WONGA.COM

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•  Wonga was able to reduce its default rate from 50% in the first few weeks of the operation to single digit percentages in the most high-risk loan market.

DID IT WORK?

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PAY WITH A TWEET

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PAY WITH A TWEET

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•  3 days after launch, there were 13k+ downloads crashing their server twice;

•  Became the 3rd most popular discussion on Twitter worldwide;

•  1k+ copies of the book sold on Amazon; •  350k+ visitors to their website; •  170k copies of the book have been sold since

launching in Summer 2010.

DID IT WORK?

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DOS EQUIS THE MOST INTERESTING MAN

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DOS EQUIS DAVID GOLIATH

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FROM “THE OTHER MEXICAN BEER” TO PREMIUM IMPORT

DOS EQUIS THE MOST INTERESTING MAN

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DOS EQUIS THE CHALLENGE

The only time he “tweets” is when he speaks to birds.!

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IT’S OKAY

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GUIDING PRINCIPLES

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2010 FAN GROWTH

A GROWING CONVERSATION

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ADDITIONAL CONVERSATIONS

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ADDITIONAL CONVERSATIONS

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CULTING A BRAND

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•  Awareness up 22%; •  14% trial; •  Purchase consideration up 6%; •  Dos Equis volume up 22% year on year vs 1.1%

for the import beer category; •  Fastest growing import brand in the country; •  First beer brand to reach 1 million fans

on Facebook.

DID IT WORK?

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•  USE SOCIAL MEDIA TO HELP BUILD YOUR BRAND AND ENGAGE CUSTOMERS, BUT DON’T EXPECT IT TO DO IT ALONE.

•  ENSURE THAT YOUR BRAND-BUILDING STRATEGY DIRECTS YOUR SOCIAL STRATEGY.

•  THEN USE SOCIAL TO HELP YOU: –  Build a relationship with the consumer/customer. –  Differentiate through an emotional connection – become

more remarkable. –  Engage them with your brand and provide reciprocal value.

“Move your brand forward by having customers add value back to the brand.”

–  Nurture loyal fans and be a part of their ongoing conversation.

–  Atomize Content; –  ADAWAT.

KEY TAKEAWAYS

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