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Kiwi SCORE Presentation

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Page 1: Kiwi SCORE Presentation
Page 2: Kiwi SCORE Presentation

Welcome to SCORE, Los Angeles400 Chapters nationwideOver 11,000 VolunteersActive & Retired Entrepreneurs and ExecutivesServing over 360,000 Clients

SCORE®Counselors to America’s Small

Businesses

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Our Mission

To provide professional guidance and information to maximize the success of America’s existing and emerging small businesses.

We create Success Stories…

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Please hold all the questions till the end when we’ll do an open Q & A session for all your questions.

[email protected]

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“Social Media is a bit like teen sex. Everyone wants to do it. Nobody knows how. Avinash Kaushlik, Analytics Evangelist, Google.

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The importance of

Social Media for small business and why your grandparents are probably better positioned to be successful with it than we are!

Covering Today.

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Social Media describes a new set of internet tools that enable shared COMMUNITY EXPERIENCES, both online and in person.

WHAT IS SOCIAL MEDIA?

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 Word of mouth marketing on Steroids.

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Social Media is not a fad, It’s a

fundamental shift in the way we communicate.

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Poll ...

• How many of you are on Facebook?

• How many on Twitter?

• How many are using Facebook or Twitter for Business?

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A Quick Journey Through Time …

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1990’s – 2007: Hot Successful Economy

Putting Social Media Into Perspective

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1990’s – 2007

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1990’s – 2007

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1990’s – 2007

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1990’s – 2007

People spending beyond their means

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fast money and Instant gratification

One touch relationships

Wham, Bam, Thank You Madam Economy.

1990’s – 2007

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Early 1900’s

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Early 1900’s

Everyone worked in small tight knit communities

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Early 1900’s

Trust and word of mouth meant everything

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Early 1900’s

Building relationships and customer service was the #1 priority

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People worked hard, long hours.

If you did a bad job everyone knew about it

If you did a great job everyone knew about it.

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Dazed and Confused

Wondering what’s next?

Last 3 Years

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The Point Is! ...

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Old fashioned Customer Service

?

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Push Marketing

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Now Today, 2011

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Just do it!

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Poll ...

How many of you have used search.twitter.com?

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Local Dog Walking Business ...

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Listen & Engage

www.search.twitter.com

Advanced

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Keywords

Location

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Hey @djangievee did you hear about the new dog park in SantaMonica? It’s amazing, here’s the info … goo.gl/atFqE

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Pediatric Dentist

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Hey @MrPajitnov check out this great video on howto clean your baby's teeth! goo.gl/LVdyv

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Set Goals, Track ROI

10 Engagements a day (20 minutes)

50 (5 days a week x 4 = Month )

200 Engagements a Month

20% (conversion rate)

40 Mth

10% Turn into Clients = 4 New Clients a Month

4 x 5,000 = $20,000

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ListenOffer great help/advice, don’t over sell!!Re-Tweet useful informationAdd some humor Be consistent, it’s a marathon not a sprint.

Twitter Etiquette

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www.tweetdeck.com

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1% of Face Book Traffic

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“Both Google & Bing have confirmed that social signals impact rankings”

www.searchenginewatch.com

SEO & Social Media

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https://developers.facebook.com/docs/plugins/

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#1 – There’s No ROI

#2 – Social Media is Still Too Young

#3 – We Need To Control Our Message

Overcoming Objections

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You can’t really put a $ amount on customer caring.

#1 There’s No ROI

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July 2009 Amazon buys Zappos for $1.2 Billion. A buy not based on the numbers but on their caring and customer service driven model.

#1 There’s No ROI (cont.)

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$22,700,000 x $3 = $68 Million

#1 There’s No ROI (cont.)

No exact number but In my experience and in those that I’ve studied right now you can expect

about $3 - $4 ROI on each social member per year.

* Not official Numbers, estimates only

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• Consumers trust consumers more than they trust traditional advertising.

75% more likely to buy from a referral than a traditional ad.

#2 – Social Media is still too young

• FB – 650,000,000• YouTube – Watch 100,000,000 per

day• LinkedIn – 100,000,000• Twitter – 75,000,000

Stats courtesy of www.econsultancy.com

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1980’s – 1990’s Zagat was it!!!

2004 – Yelp is formed2007 – Yelp reports 5 Million Unique

Visits 2008 – Zagat try’s to sell for $200

million (no takers) Aug 2009 – Yelp reports over 25

million unique visitors Dec 2009 – Yelp turns down $550

Million Dollar offer from Google and a $700 Million Dollar Offer from Microsoft.

Dec 2010 – Zagat get’s back in the game

#2 – Social Media is still too young (cont.)

V’s

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What if someone says something bad about us?

#3 - We need to control our message

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So What!

#3 - We need to control our message (cont.)

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You can’t control your message . . .

#3 - We need to control our message (cont.)

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Statistics

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Statistics (con’t)

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Who Social Media works BEST for:

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Who Social Media DOESN’T Work Well For:

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Books

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www.wefollow.comwww.mashable.com www.socialmediaexaminer.com

Webinars … www.internetmarketingclub.orgwww.hubspot.com/marketing-webinars/

People to follow …

Follow Me! @seo_kiwi

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The Companies that understand how to genuinely connect with their customers, online and offline, are the ones that will emerge over the next 24-36 months, putting significant distance

between themselves and their competition.

Gary Vaynerchuck

Quotes

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Marketing is about to get a whole lot harder. You’re really going to have to work at it and show you care.

It’s a marathon not a sprint.

Social Media takes time not money.

Final Thoughts . . .

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WorkshopsOffering ongoing workshops including;

Starting Your Own BusinessCreating a Successful Business PlanFinancing Your BusinessMarketingFranchisingInternet Marketing & Social MediaPromoting and Protecting Your InventionAnd Others

Check out our Workshop Schedule at SCORELA.ORG

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ServicesFace-to-face counseling at no chargeEmail counseling at no chargeBusiness workshops - nominal costWebsite resources at www.scorela.orgFree presentations from highly successful

entrepreneurs

Thank you for coming