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THE POWER OF SOCIAL MEDIA Hassan Rizwan VP, Sales & Channel Development HireLabs

The Power of Social Media

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A presentation that introduces the online marketing and networking tools. Get a chance to learn ways to get your brand noticed in the online world. Learn to engage your

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Page 1: The Power of Social Media

THE POWER OF SOCIAL

MEDIAHassan Rizwan

VP, Sales & Channel Development

HireLabs

Page 2: The Power of Social Media

WHY CARE?

Page 3: The Power of Social Media

BECAUSE………………

SOCIAL NETWORKING SITES ARE THE MOST POPULAR

PLACES ON THE WEB

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Almost4,000,000articles inWikipedia

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Over 100,000,000 videos and 65,000 views per day on

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200,000,000blogs

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1.5 million residents on

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73%of activeonline usershave read a blog

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45% have started

their own blog

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39%subscribeto an RSS

feed

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57% have

joined asocial network

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June 25, 2010 Headline:

Twitter Sets New Record: 3,283 Tweets Per Second

Page 13: The Power of Social Media

BEFORE WE GET INTO THIS…LET’S TAKE A LOOK AT

THE

PAST

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THE OLD GAME

Your customers found you through the yellow pages

Your business competed locally with set hours of operation

Word of mouth was spread by current customers

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THE OLD GAME

Measuring results meant tracking sales

Your marketing budget went to radio, TV, newspapers

Your network was limited to people you met in person

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THE OLD GAME

You faxed pressreleases tomedia outlets

You were inCONTROL ofyour messaging

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TODAY’S GAME

The NEW Rules:5 Ps of Marketing

The OLD Rules:4 Ps of Marketing

The Marketing Mix

The Marketing Mix

PRESEN

CE

Page 18: The Power of Social Media

VIDEO: IS SOCIAL MEDIA A FAD?

Page 19: The Power of Social Media

WHAT IS SOCIAL MEDIA?

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Social Media defines the integration of technology and social interaction

Its value proposition -

Sustained conversations to

shape perceptions!

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These conversations are fueled by:

BLOGS MICROBLOGS ONLINE CHAT RSS WIDGETS SOCIAL NETWORKS SOCIAL BOOKMARKS MESSAGE BOARDS PODCASTS VIDEO SHARING SITES PHOTO SHARING SITES VIRTUAL WORLDS WIKIS

(just to name a few…)

Know the difference between

ORKUT – FACEBOOK –

MYSPACE – LINKEDIN

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WHERE TO START

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?

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TOOLS OF THE TRADE

Photos & Videos

Forging Relationships

Disseminating News &

Information

Sharing Opinions &

Updates

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TWITTER

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TWITTER STATS

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TWITTER TOOLS TinyURL – shortens URLs so they fit into

Twitter’s 140 character limit. http://tinyurl.com/Cligs – Tiny URL with analytics. http://cli.gs/

TwitPic – Upload photos for easy sharing on Twitter. http://www.twitpic.com/

Blip.fm or twt.fm – Share music streams on Twitter

12Seconds.tv – Share videos on Twitter

TwitterFeed – Stream RSS feeds into your Twitter account

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BUILDING YOUR NETWORKo Smartly tag keywords in each message

o Maximize the 140 characterso Use tinyurl to shorten linkso Use TweetDeck – it automatically does it for

you

search.twitter.com/search?q=lead+generation

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BUILDING YOUR NETWORK

o Follow those who follow you

o Follow people – they will follow you back

o Follow top Tweeps/Twitterer

o Follow who thought-leaders are following

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BUILDING YOUR NETWORK

o Get personal – send a direct message

o RT tweets and send a message

o Make a @mention

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BUILDING YOUR NETWORK

o Add link to your Twitter profile on your :o Websiteo Blogo E-mail signatureo Youtube, FB, Goggle buzz profileo Everywhere else

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BUILDING YOUR NETWORK

o Personalize your Twitter profile

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ENGAGING ON TWITTER Follow your / your brand-related

conversations Communicate with people / customers

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ENGAGING ON TWITTER

Favorite special tweets Save, publish and promote testimonials Publish / share useful content

Start / continue / promote discussions

Page 35: The Power of Social Media

FACEBOOK

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FACEBOOK TRENDS

More than 275 million users online

1.2 billion monthly visits

3.5 billion minutes are spent on

Facebook every day

4M users become fans of pages each day

Page 37: The Power of Social Media

BUILDING YOUR NETWORK

Create your page Add content before making it public

Suggest to your friends – ask them to share with theirs

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BUILDING YOUR NETWORK

Advertise Make the fan page link available on all

online delivery channels)Website – blog – signatures – signatures of

your employees etc.

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BUILDING YOUR NETWORK

Share your fan page link on other similar FB pagesWrite to page admins and request

promotion

Share useful content so peopleLike itComment onShare it

Page 40: The Power of Social Media

BUILDING YOUR NETWORK Target your status updates

Use Facebook Connect on your site Integrate Facebook “Like” feature on your

site, blog and other channels

Page 41: The Power of Social Media

ENGAGING YOUR FANS

Seek to listenAsk questionsRun polls

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ENGAGING YOUR FANS

Start unfinished comments / conversations If I was a shampoo ….

Put your fans in charge Startbucks asking the fans to decide the next

recipe

Run competitions and give freebies

Promote your loyal fans

Rewards fans Dell giving coupons on its FB fan page

Page 43: The Power of Social Media

ENGAGING YOUR FANS

Make the landing

page EXTRA-ORDINARY

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LINKEDIN

Page 45: The Power of Social Media

BUILDING YOUR NETWORK

Understand your network

Don’t focus on your 1st level networkFocus on your 2nd level connections and the

overall network size The larger the network size, the higher your

visibility – the more effective LinkedIn is to you

COMPLETE your profile

Page 46: The Power of Social Media

BUILDING YOUR NETWORK

Join groups Initiate conversations – ask questions

Connect with those who respond

Share your e-mail in your profile name

Ask 1st level connections for introductions

Ask for recommendations Provide content

Page 47: The Power of Social Media

ENGAGING ON LINKEDIN

Ask questions

Become part of the conversations

Initiate polls

Comment on connections updates

Use apps – share your other web contents

Page 48: The Power of Social Media

MAKE ASOCIAL MEDIA

PLAN

Page 49: The Power of Social Media

5 EASY STEPS

LISTENIt’s all about conversations and the best communicators start as listeners

1

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5 EASY STEPS

PREPARE Set the guidelines: What’s your objective?

Define your strategy

Find the people: Now PARTICIPATE!!

2

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5 EASY STEPS

ENGAGE The goal is not to control

the conversation, but to inspire and engage. Give them something to talk about!

3

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5 EASY STEPS

GO OFFLINEUse other opportunities to build even stronger relationships with the members of your online community

4

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5 EASY STEPS

MEASURE SUCCESSDid we learn something about our customers that we didn’t know before?Did our customers learn something

about us?Were we able to engage our customers

in new conversations?Do our employees have an effective new

tool for external feedback and reputation management?

5

Page 54: The Power of Social Media

WHO’S TALKING ABOUT

YOUR BRAND?!

Page 55: The Power of Social Media

EXEMPLARYCASES

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• …strategically, with a clear goal and a thought out plan

• …to eventually start a dialogue

• …to create a community

• …to understand honestly

• …to be able to create a presence that encourages interaction

STEP 1: DELL BEGAN TO LISTEN…

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Objective: People should connect with Dell in ways they want/meaningful to them

Strategy: To provide content subscriptions, deals and offers through Twitter, huge following

Result: Dell becomes one of the most popular social media brands; increase in direct sales as well

STEP 2: DELL PREPARED…

Page 58: The Power of Social Media

STEP 3: DELL ENGAGED…

Page 59: The Power of Social Media

Dell Unleashes The Power Of Women In Business, Connects Top Global Entrepreneurs At The World Expo, Shanghai 2010

• “an extension of Dell’s Take Your Own Path campaign, highlighting how entrepreneurs’ innovative use of technology, results directly in business success”

Dell Chairman and CEO Addresses Global Competitiveness Forum in Saudi Arabia

• “Mr. Dell shared his perspective on entrepreneurialism… including strategies for nurturing and sustaining a culture of thought leadership.”

STEP 4: DELL WENT OFFLINE…

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Dell and Moodelrooms Collaborate to Provide Education Organizations with Cloud-Based Curriculum

• “Dell continues to provide administrators, teachers and students access to technology that enables 21st century learning”

Dell’s Bamboo Packaging Certified Compostable

• “Dell Inc. (NASDAQ: DELL) is working to make “being green” easy and cost-effective for customers”

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“We’ve surpassed $2 million in revenue in terms of Dell Outlet sales, but we’re also seeing that it’s driving interest in new products as well. We’re seeing people come from @DellOutlet on Twitter into the Dell.com/outlet site, and then ultimately decide to purchase a new system from elsewhere on Dell.com. If we factor those new system purchases that come from @DellOutlet, we’re actually eclipsed $3 million in overall sales”

STEP 5: DELL MEASURED…

Page 62: The Power of Social Media

• At start of program, 49% of blog posts were negative; today, overall tonality is 22% negative

• Direct2Dell currently ranked about 700 on Technorati -among the highest corporate blogs

• Direct2Dell gets more than 5 million unique views per month

• Over 7000 ideas have been submitted via IdeaStorm

• Studio Dell gets more than 200,000 views per month

Page 63: The Power of Social Media

STARBUCKS IS A PRIME EXAMPLE OF USING TWITTER FOR BUSINESS

Starbucks Free Coffee with Every Reusable Tumbler

Page 64: The Power of Social Media

WHAT CAN WE LEARN FROM THIS CAMPAIGN?

Even large companies benefit when the campaign is done right!

It’s not always about new customers or converts, could build loyalty and lend to CSR

SALES!!!!

Page 65: The Power of Social Media

WRITE K . U . D . O .

S .INFORMATIO

N

Page 66: The Power of Social Media

nowledgeable

• Does the activity demonstrate knowledge on the part of the brand?

• Is it knowledge that is unique to your brand,product or service?

• Is it something your audience needs or wants to know?

• Are you increasing their knowledge or just telling them something they already know or could have gained elsewhere?

K

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Not all social media activity is useful to the brand's audience.

Not all dissemination of knowledge is actually useful to the brand.

The best-case scenario is when an activity is useful to

both the brand and the audience.

sefulU

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esirable

• Desirable is a step on from useful

• By desirable we mean that

both the brand and the audience actively want it

• Think of eating your greens; useful but not that desirable.

• If something is desirable, really tasty-can't- get-enough-of-it-desirable to your audience, you'll know it.

D

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pen

-honest-transparent-the desirable and the undesirable

AUDIENCE RESPONDS VERY ACTIVELY AND NEGATIVELY WHEN THEY BELIEVE A BRAND HAS BEEN

DISHONEST WITH THEM

-even lack of intent to be completely open shows!

O

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hareable

It is as important as being open that brands actively encourage sharing.

Are the materials easily downloadable? Can they be linked to or

have you gone and wrapped them up in a big Flash movie that no one can link to?

Have you acknowledged standard protocols that enable sharing and added a simple 'Digg this' button or a downloadable Zip file of assets?

S

Page 71: The Power of Social Media

KUDOS will make your

brand CONTAGIOU

S!

Page 72: The Power of Social Media

You’re part of the conversation, whether you’re managing it or not

• …and the conversation is getting louder

• word of mouth goes out over a global PA system

• past: 1 unhappy customer told

ten friends

• now: 1 unhappy customer tells ten thousand ‘friends’ through the internet

Page 73: The Power of Social Media

Everything you do creates conversation, whether you think it’s marketing or not, and whether you know it or not

your pricing policy

how your people answer the phone

in the contagious age, the things that create conversation are not just viral ads

Page 74: The Power of Social Media

CONSUMERS KNOW THAT TALK IS CHEAP

- what you do for them is more likely to get

them talking than what you say you believe

Page 75: The Power of Social Media

Change the conversation to YOUR advantage

“Brands with the most recommendation in their category grow 4x faster than the category average” (London School of Economics)

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Great brands lead the conversation by having a point of view that transcends even the category

vision + beliefs redefining the category

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The single greatest driver of positive

recommendation is

‘EXPERIENCE BEYOND EXPECTATION’