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Social Media for Small and Medium Businesses January 2010

How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

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How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities and Social Technolohies to achieve their business objectives - increased sales, lower costs

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Page 1: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Social Media for Small and Medium Businesses

January 2010

Page 2: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Who Are We

Sunil Agarwal Managing DirectorIITD, IIMA, MD of 20:20 Media

Gaurav Mishra CEOIIMB, Tata Group, Yahoo! Fellow at Georgetown

Dave Evans Consulting DirectorAuthor of ‘Social Media Marketing: An Hour a Day’

Gautam Ghosh ConsultantXLRI, Deloitte, HP, Dell

Upasana Taku ConsultantStanford, PayPal, HSBC

Public Relations

Strategy & Marketing

Strategy & Marketing

Organizational Development

Product Management

Kaushal SardaConsultantCapgemini CRM, Uhuroo Founder

Enterprise Software

Page 3: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

What Do We DoWe build and nurture online communities for clients

with customers, partners and employees

and drive loyalty and advocacy.

help them build strong long-term relationships

to catalyze collaboration and innovation

trigger trial and purchase

Page 4: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Five Reasons Why Business is Social

Conversatio

nConsumer Generated

Content

Collaboration

Collective Intelligence

Community

!

Page 5: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

What can Small Businesses Do ?

Some Thoughts

Page 6: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Build a Social Platform to Connect Multiple Campaigns

The campaigns bring in members; the social platform ensures that they stay.

The big idea is to build a social platform to connect multiple campaigns.

Time

Attention Campaign 1

Campaign 2

Campaign 3

Page 7: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Lifestyle, Cause, Passion

Social

Design for Specific Users

Leverage the Ladder of

EngagementStorytelling

Design for Viral

Page 8: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

What can Small Businesses Do?

1. Profiles

2. Reputation systems

3. Ideation platform / Support platforms

4. Integration with social platforms

5. Social CRM

6. Social advertising

In the network

On Social Outposts

Page 9: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Integration with LinkedIn

Source: http://advertising.linkedin.com/bizspark

Targeted CPC LinkedIn ads to drive leads to expert profile.

Direct interaction between experts and developers.

Page 10: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Integration With LinkedIn

Source: http://2020social.com/lead-generation

Targeted CPC LinkedIn ads to drive leads to landing page

Integration with community using LinkedIn API

Page 11: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Integration With Twitter

Source: http://exectweets.com and http://venturemaven.com

Community built around aggregation of tweets related to a professional group, event or keyword.

Voting, commenting and sharing on the aggregated tweets.

Page 12: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Role of a Social CRM Program

Developers

Enthusiasts

Consumers

Entrepreneurs

Listen to social media conversations

Respond to conversations in public or privately

Host conversations on own community

A social CRM program enables brands to listen to social media conversations, respond to them, track them over

time, and eventually host conversations on their own community.

Page 13: How can Small and Medium Business Enterprises Leverage Social Media and the power of Online Communities - Thoughts by 2020 Social

Ask Us How2020social.com | [email protected]|

@[email protected]@gauravonomics

[email protected]@gautamghosh

[email protected]@evansdave

[email protected]@upasanataku

[email protected]@ksarda