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The ability of social media to increase profitable business.

Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

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Page 1: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

The ability of social

media to increase

profitable business.

Page 2: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Gillian Hunt

Page 3: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

3

• Why the potential of social media is vast.

• Is social media the poor relation or rich uncle? – who’s using it?

• A Profit making strategy• Tips and tactics

Page 4: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

The Rise of Social Media

year platform

2012Pinterest

2011Google +2008Groupon2007Tumblr2006Twitter2005YouTube2004Facebook

year platform

2003 Wordpress2001 Meet-up1999 Blogger1995 Classmates1971 First email1995 Classmates1971 First email

Page 5: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

SM Users

3.9m UK active users.

24m UK active users.

Page 6: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Reach potential

24m uk

users 15m uk users

Page 7: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

SM contribute to profit?

• Remember, you can lead a horse to water, but

you can’t make them drink. Let them know

where the water is in order to get them there

so they have to choice to drink. And, getting

them to drink is another part of a B2B

marketing integrated strategy!”

• @GerryMoran

Page 8: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Reach more people = more potential sales = more profits.

Page 9: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Who is using social media in B2B?

Maersk – Container Line

Award winning campaig

n

Page 10: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Entrepreneur & Investor services

Page 11: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Accountants

Accenture – global. MJF Accountancy - Liverpool

Page 12: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Coffee and teashops

Gourmet Coffee Exchange Flags

Tea Parlour, Mathew Street

Page 13: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

New ideas in B2B

Square

Page 14: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Who is advertising?

E-Marketer. December 13

Page 15: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Goal achievement = profits.

• Typical marketing goals:• Build an email opt in list• Improve customer service• Build community/stakeholders• Be a trusted ‘go to’ source• Increase brand awareness• Be trusted

Page 16: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Typical conversion steps

Picture by cargocollective.com

Increase engagemen

t

Download free report here

Page 17: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

What gets measured gets done

Typical measures Likes/followersEngagementActions e.g. clickTaking step to demonstrate potential for lead nurtureTrialConversions

Page 18: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Tools and tips

• The content calendar

Sheduling platform

Right brain + left brain thinking

Page 19: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

More helpful tools

• Find topics of interest• http://addictomatic.com/

• Manage twitter https://www.socialoomph.com/

• Run competitions https://woobox.com/

Page 20: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Tips

• Linked-in• Add a personnel page• Highlight services and thought

leadership• Participate in a group• Post status updates• Post a blog

Page 21: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Tips for content

company in-formation

33%

Respond and engage33%

reposting33%

Chart Title

Page 22: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

email: [email protected]

www.escata.co.uk

connect with us.

Page 23: Why the potential of social media is vast. Is social media the poor relation or rich uncle? – who’s using it? A Profit making strategy Tips and tactics

Conclusion

• Social media becoming more commercial – much untapped potential

• Requires right and left brain thinking• With strategy and purpose it can

contribute to profit