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Author: Jean-Francois MESSIER How can social media increase your business success?

Business & Social media : How to achieve 5 business objectives ?

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Page 1: Business & Social media : How to achieve 5 business objectives ?

Author: Jean-Francois MESSIER

How can social media increase

your business success?

Page 2: Business & Social media : How to achieve 5 business objectives ?

This document is part of the “Social Media and Business” series by JF MESSIER

Page 3: Business & Social media : How to achieve 5 business objectives ?

to use social

media for business?

1.Branding

2.Research

3.Customer retention

4.eCommerce

5.Lead generation

Page 4: Business & Social media : How to achieve 5 business objectives ?

#1

Page 5: Business & Social media : How to achieve 5 business objectives ?

1. Branding

To promote the new Toyota Sienna SE, the company does something new, fun and engaging.

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1. Branding

They show pseudo-cool hiphop-ish parents, called the “Sienna Family”, and their Swagger Wagon on

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1. Branding

8 million views

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1. Branding

182,500 shares

Page 9: Business & Social media : How to achieve 5 business objectives ?

1. Branding

Heineken makes excellent use of social

media by sharing (really

funny) videos and

photos of events,

sponsoring

contests and

asking questions.

Page 10: Business & Social media : How to achieve 5 business objectives ?

1. Branding

700,000 fans

Heineken makes excellent use of social

media.

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1. Branding The Blendtec campaign is based on using unblendable objects to test the blender’s abilities.

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1. Branding

17.1 million

The videos were created with rudimentary props and shot in the Blendtec break room, but they are fun.

views

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1. Branding

initial outlay

http://ezinearticles.com/?Social-Media-Case-Study:-Blendtec&id=5321029

17.1 million views

$100

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Coca-Cola fan page:

# of fans

14 million

Page 15: Business & Social media : How to achieve 5 business objectives ?

#2

Page 16: Business & Social media : How to achieve 5 business objectives ?

2. Research

Many companies are using social media as a tool to do simple, anecdotal research.

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70,000 ideas

in the first year

gave their

consumers

a

2. Research

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product ideas 50,000

2. Research

gave their

consumers

a

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2. Research

Ask your visitors to leave

suggestions in your

comments section.

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2. Research

Use the tools from

to include polls and surveys

in your eNewsletter.

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#3

Page 22: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

It costs

to times as

much to acquire a

new customer…

…as it does to keep

an existing one.

Page 23: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

It costs

So it would be

smart to use social

media as a tool to

keep customers

loyal and

engaged…

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’s IdeaStorm is an online community that allows users to submit ideas for new products or improvements to existing ones

30% drop in negative sentiment!

3. Customer Retention

Page 25: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

noticed that people were complaining about the company on Twitter.

They started tweeting back to the disgruntled customers.

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3. Customer Retention

Customers went from being disgruntled to being brand advocates — all because they were pleasantly surprised when reached out to them via Twitter and helped solve their problems.

Page 27: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

on April 8, 2008,

set up a account

users in need.

and helped

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3. Customer Retention

Airline companies use

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3. Customer Retention

to make it easy to build relationships, not only with other customers, but with the airline itself. Happy customers means returning customers, and it appears that Virgin America gets that.

Virgin uses

Page 30: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

Many people travelling make memories. So it just makes sense for , a photo sharing community, to be part of the social media tools being used.

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3. Customer Retention

Jet blue uses

3,777 items

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3. Customer Retention

and caused a huge buzz.

Delta uses

2 million views

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3. Customer Retention

“Admirers dubbed the 33-year-old Atlanta woman “Deltalina,” a combination of the airline’s name and Angelina Jolie, who they say she resembles.”

2 million views

Page 34: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

In 2009 , because of

the Icelandic volcano,

KLM was the first

airline to use

to offer people an

alternative

channel to rebook

their flights.

&

Page 35: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

In 2009 , because of

the Icelandic volcano,

KLM was the first

airline to use

&

59,000 followers

Page 36: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

If you spend any amount of time on Twitter it is hard not to notice somebody talking to or about airlines.

Southwest Air uses

Page 37: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

They use it a number of ways…

Travel advisories

Page 38: Business & Social media : How to achieve 5 business objectives ?

3. Customer Retention

Customer service

Pointing followers to interesting posts….

Regular fun chit-chat

Informing SouthWest customers of great places to eat during layovers or delays

They use it a number of ways…

Travel advisories

Page 39: Business & Social media : How to achieve 5 business objectives ?

#4

Page 40: Business & Social media : How to achieve 5 business objectives ?

’s ROI just for sending out a tweet might look something like this:

50,000

$25,000

1.5 million

500

50

followers who see the tweet

in sales: 50 purchases x $500

followers

followers who click on the link

purchasers based on the tweet

4. eCommerce

Page 41: Business & Social media : How to achieve 5 business objectives ?

By the end of 2009, had

generated

in sales from alone.

4. eCommerce

Page 42: Business & Social media : How to achieve 5 business objectives ?

#5

Page 43: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

The hook is

the

you share

Page 44: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

is like fishing

Page 45: Business & Social media : How to achieve 5 business objectives ?

matters

5. Lead Generation

The fishnet

Page 46: Business & Social media : How to achieve 5 business objectives ?

The fishnet

5. Lead Generation

you share

Value

Page 47: Business & Social media : How to achieve 5 business objectives ?

The fishnet = Value

5. Lead Generation

you share

Page 48: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

Push and

audience pull

to your fishnet

Page 49: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

Push and

audience pull

to your fishnet

Page 50: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

Remove barriers

to entry. People are lazy.

Page 51: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

Tweet the titles of all

articles you have

written, and each URL,

so your followers

can find them easily.

Page 52: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

Use Twitter as a way to grow your networks on other social media

channels.

It can be the hub of your social media wheel, with each channel a spoke.

Page 53: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

Tweet 80% content your readers will find helpful and 20% self promotion. A good

mix will get you farther than 100%

promotion.

Page 54: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

Follow people who

retweet your content

in order to build

relationships with

people who value

what you share.

Find out who is tweeting your links with Backtweets http://backtweets.com/

Page 55: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

People are lazy.

Don’t do this.

Don’t ask people to

fill out 10 fields of

personal information.

Page 56: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

People are lazy.

Do this.

Make it easy

to get started.

Page 57: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

People are lazy.

Or this.

Page 58: Business & Social media : How to achieve 5 business objectives ?

5. Lead Generation

Value

People are lazy.

Not to many !

Page 59: Business & Social media : How to achieve 5 business objectives ?

No engagement

Value

Page 60: Business & Social media : How to achieve 5 business objectives ?

Increasing engagement

No engagement

Value

Value

Value

Page 61: Business & Social media : How to achieve 5 business objectives ?

High engagement

Increasing engagement

No engagement

Value

Value

Value

Value

Value

Page 62: Business & Social media : How to achieve 5 business objectives ?

Build

relationships.

Share ideas and

info with people

who have similar

interests,

and then meet

them offline.

Page 63: Business & Social media : How to achieve 5 business objectives ?

Synthesis

Branding:

Research:

Customer

retention:

eCommerce:

Lead

generation:

Page 64: Business & Social media : How to achieve 5 business objectives ?

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Page 65: Business & Social media : How to achieve 5 business objectives ?

If you were interested in this presentation,

you may be interested in this one as well…

Page 66: Business & Social media : How to achieve 5 business objectives ?

Author: Jean-François MESSIER Global New Technologies Director at Mercuri International Email: [email protected]

Photo Credit All photos in this presentation were purchased on iStockPhoto.com. All logos or brand references are the copyright of their respective owners. Slides from this document may not be repurposed without express written consent. Send permission requests to [email protected]