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Analyzing The Impact Of Social Media

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Page 1: Analyzing The Impact Of Social Media

Kye Strance

Director, Product Management

Vocus, Inc.

Analyzing the Impact of Social Media: From Twitter to Facebook

Page 2: Analyzing The Impact Of Social Media

Elizabeth Friedland- Account Executive at TrendyMinds

• Won recognition for work at TrendyMinds in PR Week, PC Magazine, and The Indianapolis Star

• Achieved top-tier publicity for clients with placement with The Today Show, O The Oprah Magazine, ABC World Tonight News, Elle, Vogue, InStyle, The New York Times, The Wall Street Journal, CBS Saturday Morning and Entertainment Tonight

• Previously worked in public relations for Planned Parenthood, Sease Gerig and Associates, three-sixty group, and Janine Gordon Associates

Page 3: Analyzing The Impact Of Social Media

Sarah Evans- Director, Communications at Elgin Community College

• Launching Sevans Strategy Corporation on August 17 (you’re the first to know!)

– Director of Communications at Elgin Community College

– Founder of #journchat

– Founder of MediaOnTwitter

– Partner on Namechk

– PRsarahevans.com

Page 4: Analyzing The Impact Of Social Media

You’re already here.

• Removing barriers

• Instantaneous

• Viral

• Less control

• More interaction

• Stories evolve

Page 5: Analyzing The Impact Of Social Media

What does a “quick win” look like?

• Twitter

– Retweets

– # of @ replies

– DM’s

• Facebook

– # of fans

– # of comments

Page 6: Analyzing The Impact Of Social Media

What about a long term win (i.e. measurement)?

Page 7: Analyzing The Impact Of Social Media

#journchat

• I know there are 2,000+ tweets every Monday night between the hours of 8-10 p.m. EST

• Approximately 4,700+ people who have participated

Page 8: Analyzing The Impact Of Social Media

What the measurement doesn’t show?

• The opportunities– Steve Brusk, CNN– Mashable– Peter Shankman

• The publicity– Blog posts– Name recognition and branding– Presentations like this

• The commitment– Repeat participants– Loyal following– Recommendations to others

Page 9: Analyzing The Impact Of Social Media

The right analysis can result in a moresuccessful PR strategy

• What do people retweet the most? (For me, it’s usually breaking news, fun hashtags and random thoughts.)

• Where is the majority of web traffic coming from? (Use a shortened URL service like bit.ly.)

• Did something tick people off? (Controversy isn’t always a bad thing.)

Page 10: Analyzing The Impact Of Social Media

If everyone tweeted, “Vocus webinars rock” what would happen?

Seriously.

The reach of your network and influence matters.

Everyone has a different influence and reach.

TRADITIONAL measurement doesn’t account for this.

Page 11: Analyzing The Impact Of Social Media

Elizabeth Friedland

Account Executive

TrendyMinds

Page 12: Analyzing The Impact Of Social Media

Welcome to my presentation!

• Always used social media personally, but even three years ago the personal and professional were siloed.

• Back in the day…(circa 2004)

– Old advice: Keep your Facebook profile private! Don’t let potential or current employers and clients see it!

– New advice: Get to know your potential and current employers and clients through social media…just censor those Cancun pictures.

Page 13: Analyzing The Impact Of Social Media

Elizabeth is a lover, not a fighter.

• A Battle Royal?

– PR v. social media – a cage match?

– Social media IS PR – it’s just an additional channel like print, broadcast or Web.

• That being said….

– Traditional agencies have the edge – fullintegration is the key to social media success!

Page 14: Analyzing The Impact Of Social Media

I *heart* social media.

• Free, quick and easy

• Filter free (good and bad)

• High viral potential

• Great ROI

BUT….

Page 15: Analyzing The Impact Of Social Media

I *heart* social media.

• Perspective is everything

– Fewer than 5% of Americans have Twitter*

– Half don’t have Facebook*

– Targeting the 55+ crowd? You’re getting less than 1% of them.

• Social media isn’t high school

– Offer real value, not just Internet stardom

– RT’s, #followfridays, @ replies, fans and followers are great, but what’s your true result? This isn’t a social media popularity contest.

– Remember that no one is an expert...yet.

*According to 2009 Harris Poll

Page 16: Analyzing The Impact Of Social Media

Leveraging social media to help out my clients!

• What does TrendyMinds do?

– Press “retweetses”

– “Twitches”

– Social media training

– Extends internal and external communications plan to cover social media

– Folds social media into a client’s overall marketing strategy

Page 17: Analyzing The Impact Of Social Media

Time to share case studies with my friends at @Vocus

• NASCAR’s Kevin Harvick, Inc.

– Accelerated online to social without crashing and burning

– Creation of Ning-based Fan Central – 4,000 members in 3 months

– Exposure in PR Week, PC Magazine, Inside Indiana Business, Orlando Sentinel and more

• Spirit & Place Festival

– Growing an audience by opening up a totally new world

– Creating a presence on Facebook

– Utilizing Twitter to build buzz about events and promote the festival

• Client X

– Social media for a professional crowd

– Creating customized social media sites for professional discussions

Page 18: Analyzing The Impact Of Social Media

Time to wrap it up…

• Here lies Public Relations (1906 - ?)

– Don’t write traditional PR’s obit just yet – It isn’t dead. It’s evolving.

• Just as PR practitioners adjusted to and learned to manipulate other new formats (cable, online news outlets, bloggers), we’ll adjust to this.

• While social media needs to be explored at the very least, it isn’t the end all, be all.

Page 19: Analyzing The Impact Of Social Media

Contact Information

• Sarah Evans, [email protected]

Twitter: PRsarahevans

• Elizabeth Friedland, [email protected]

Twitter: Efriedland & trendyminds

• Moderator, Kye Strance, [email protected]

Twitter: vocuspr

Page 20: Analyzing The Impact Of Social Media

About Vocus

• A global software company specializing in on-demand software for public relations management

• Successful, proven applications currently used by thousands of PR professionals

• Recognized for excellence in products, growth, leadership

“Innovation of the

Year”