Transcript

Social Media

By: Aleem Visram

The Power of SMM

http://www.youtube.com/watch?v=ZQzsQkMFgHE

• Consumers create 256 billion impressions on one

another (individual msg vs. mass marketing) by

talking about products or services each year

• Blogs and discussion forums generate 1.64 billion

posts, 50% of ppl online are regular blog readers

That’s 0.5 trillion impressions in the US alone, or

8 impressions everyday on every person online!

Social Media Top 10 1. Establish your social media objectives

2. Identify the target audience and what matters to them

3. Use netnography to listen to what the target audience is saying

about you

4. Identify key influencers and the social consumer

5. Stimulate Word of Mouth (WOM)

6. Determine the appropriate social media vehicles to use to build a

community of advocates

7. Be funny, creative or different to spread your message

8. Encourage participation with interaction and providing rewards or

recognition

9. Monitor, respond and react as a consumer, not as a business

10. Measure the effectiveness of your social media

1. Social Media Objectives 1. Brand Awareness

– E.g. Starbucks Campaign: mentioned in tweet every 8

seconds

– E.g. Naked Pizza: 68% of sales from Twitter followers, 85%

motivated by tweets

– K-Tec Blendz: over 100 million views

http://www.youtube.com/watch?v=qg1ckCkm8YI

2. Brand Engagement

– SW Airlines: “Nuts About SW” 25% more blog posts, 40% +

page views and time spent increased 26%

– Target Circle of Moms: 20K page views in 6 weeks

3. Word of Mouth (Advocacy)

– Burger King “Whopper Sacrifice”= 234K FB friends

‘unfriended’ in 1 week plus extensive media coverage

http://www.youtube.com/watch?v=o0D_MYc6m0o

2. Understand the consumer

1. Understand consumer motivations

for use

2. Understand consumer behaviours

(e.g. likes and dislikes)

3. Understand investment by

consumers when engaging with

brands

4. Focus on long-term brand loyalty,

relationships and advocacy

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Definition of Research Questions, Topics and/or Trends to Investigate

Community Identification and Selection

Community Participant-Observation (Engagement, Immersion) and Data Collection (Ensure Ethical Procedures)

Data Analysis and Iterative Interpretation of Findings

Report Research Findings and Theoretical Implications, OR Strategy (STP) & Tactical Implications

3. Use netnography to understand what

the consumer is saying about your

brand

STEP

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STEP

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4. Identify the key influencers

4. Build a relationship with the consumer

5. Simulate Word of Mouth

I dentify mass influencer

D eliver groundswell customer service

E mpower customers with information

A mplify your fans

– Offer spreadable content

– Offer relevant information

– Monitor influencers and respond quickly

5. How do you simulate WOM? 1. Proof of Friendship: understanding role in

consumer’s life, attitude and action reflects you are

one of them or have their best interest at heart

2. Anticipate consumer attitude

3. Gift pack the sales message- genuine, exciting,

entertaining, insightful or humorous, undersell

4. Establish audience kinship: match product and appeal

to the customer you are targeting- personalize targeted

messaging

5. Initiate exclusive group

6. Be a friend of man- interest in the community at large-

small, but thoughtful acts of friendship

7. Convey personal experience

Example: Ford Fiesta Movement

• Contest to give away 100 Ford Fiestas to the

contestants with videos with the most views:

http://www.youtube.com/watch?v=70wEQO12Yfw

• over 4,000 applied with over 7 million views

• 700,000 saw pictures posted

• 4 million saw tweets

• 100,000 signed up to get more info

• 4,000 signed up to buy a Fiesta

• The movement continues with Fiesta teams and

events: www.fiestamovement2.com

6. Choose the right social media

vehicles to engage consumers

8. Encourage participation by providing

interaction, rewards and recognition

8. Encourage participation by providing

interaction, rewards and recognition

Richard Branson’s blog provides opportunities to interact with

him on an ongoing basis through varied social media

9. Monitor, respond and react as

a consumer

10. Measure social media

effectiveness

• Volume

• Sentiment (Valence)

• Emotion

• Topic/issue

• Source

• Author (Influencer)

• Virality

10. 100 ways to measure

social media

Social marketing can have

branding equivalents Brand Metric Social Equivalent

Reach/Awareness Impressions

Video Views

Consideration Engagement

Installations

Polls

Community members

Contest entries

Time Spent

Favorability Pass-along/ Share/ Forward

“like”/ “favorite”

Positive blog coverage, comments

Content creators

Purchase Sales

Loyalty Referral

Social Media Top 10 1. Establish your social media objectives

2. Identify the target audience and what matters to them

3. Use netnography to listen to what the target audience is saying

about you

4. Identify key influencers and the social consumer

5. Stimulate Word of Mouth (WOM)

6. Determine the appropriate social media vehicles to use to build a

community of advocates

7. Be funny, creative or different to spread your message

8. Encourage participation and feedback using rewards or recognition

9. Monitor, respond and react as a consumer, not as a business

10. Measure the effectiveness of your social media using tools (Google

analytics, Hoot Suite, Tweet deck, etc.)

Questions? Contact Me:

FB/ Linked in: Aleem Visram

E-Mail: [email protected]

Twitter: @aleem_v