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Why Every Business Needs to Get Social!!!!
RevSocial Media Group
REVSocial Media Group Copyright 2010
REVSocial Media Group Copyright 2010
Conversation
Community
Shared Vision
The Social Revolution
REVSocial Media Group Copyright 2010
RelationshipsFirstBrand ThyselfBuild a Loyal FollowingBuild TrustBe PatientUnderstand the Social Sales ProcessConnect with Influencers
Being Social in Business
REVSocial Media Group Copyright 2010
Brand Awarenes
s
Scaled Down
Marketing Cost
ROI
Increased Customer Loyalty
Why Social Media?
REVSocial Media Group Copyright 2010
Improved Customer Service
Finding More Customers
Awareness of Your Business
Sharing Content Driving Traffic Conversion of
Sales
Reputation Management
Find Key Strategic
Partners and Alliances
Cornerstones of Social Media for Business
REVSocial Media Group Copyright 2010
How Social Media Can Help Your BusinessStart Fast
Marketing/Ad Budget Savings
Instant Interactivity
It’s the Search Engines, Silly..
Inbound Marketing
REVSocial Media Group Copyright 2010
Attention
Attraction
Affinity
Audience
Social Media is an Art
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Embrace the Tribe •Think Inspired
Community•Leaders Make
a Ruckus•Leadership is
Not Management
•Anyone Can Lead
Empower People•Know your
People•People don’t
want to be Sheep
•Transform the shared interest into a passionate goal and desire for change
Create a Movement•Build on a
Shared Interest
•Establish Organized Communication Strategy
•Power 3.0 (Kinder, Gentler, Softer)
•Think Purposeful Community
Keep People Engaged•Make it easy
for people to connect with one another
•Run Contests•Don’t do
Boring•Variety Sells•Use Video
The Importance of Leadership
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Social Media Marketing
Get Traffic directly from the Social Media sites
Social Media sites give you a near instant boost in the search engines (SEO, SMO, Social Search)
Traffic that converts higher than your traffic from other sources.
Reputation and Brand explode with the Proper Understanding Of Social Media Marketing
Social Media can Enable your business to identify Successful Alliances in your Business
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Selling Socially Learning to Communicate
Effectively in Social MediaListening first and selling
secondRelationships come before
salesYou can’t fake a
relationshipBusiness is not the first
order of businessProven best practices in
leadership and authentic selling Still Apply
REVSocial Media Group Copyright 2010
The Socialization of Business Process
Community is King
Humanizing the Brand
Finding a Voice and a Sense of Purpose
Socializing Business
Setting the Stage + Dress Rehearsal
Observe and Report
Social Media Business Integration
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The Power of SMART Goals
SMART
S: Specific
M:Measurable
A: AchievableR: Realistic
T: Timely
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Social Media Specific Goals Sales Registrations Referrals Links (the currency of the
social web) Votes Reduction in costs and
processes Decrease in customer
issues Lead generation Conversion Reduced sale cycles Inbound activity
REVSocial Media Group Copyright 2010
Developing Your Strategy Identify your primary business goal for engaging in social
media Identify your target audience, and determine which social
media tools they use.Pick the right platform for your audience (ie. Twitter vs.
Facebook vs. LinkedIn vs. YouTube, etc) Implement a listening and engagements strategy (ie. How will
you respond to negative – or positive – feedback? How will you engage our audience?)
Know the “core pains” of your audience – what bothers them? To which questions are they looking for answers?
Know how to uniquely communicate to your audience, solve their problems, and answer their questions so their needs are met, by using a mix of marketing and community engagement.
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Opportunity /Industry Influencer Analysis•Identifies specific social media opportunities, in addition to projecting their potential reach and impact.
•Map out Key Influencers
•Develop Timeline, Deliverables, Goals, and Budget
Social Media Site Development•Blog and social media sites including your Facebook, Twitter, and Youtube accounts.
•SEO benefits and Personalized Training Sessions
•Branding
Marketing Implementation•Setting up Your Listening Dashboard/Analytics/etc
•Social Media Creative Development (Content Creation, Distribution and Promotion)
•Community Building•Connecting the Dots
Monitoring, Tracking and Reporting Plan•Identify Engagement Metrics and Monitoring Tools
•Comprehensive reporting and analysis of the social media landscape specific to your company’s brand and industry. (Measuring, Analyzing and Adapting)
The Social Media Strategy Process
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Understanding the Cost of Social Media
Social media costs are a combination of your goals, metrics, direct costs and time
Social Media Opportunity Costs - Social media is largely associated with soft measurements, and therefore, is as much about the value of the activity as it is some ROI to be gained.
Learn to Properly Implement Social Media and Social Networking in Your Organization
The Power of Focus and Organization
Relationship Dollars vs. Advertising Dollars
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Return on Influence: Personal Interactions = Network ROI Return on Engagement: The duration of time spent either in
conversation or interacting with social objects, and in turn, what transpired that’s worthy of measurement.
Return on Participation: The metric tied to measuring and valuing the time spent participating in social media through conversations or the creation of social objects.
Return on Involvement: Similar to participation, marketers explored touchpoints for documenting states of interaction and tied metrics and potential return of each.
Return on Attention: In the attention economy, we assess the means to seize attention, hold it, and measure the response.
Return on Trust: A variant on measuring customer loyalty and the likelihood for referrals, a trust barometer establishes the state of trust earned in social media engagement and the prospect of generating advocacy and how it impacts future business.
Social Media ROI
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Reasons for Skepticism…..
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2010 – The Year we Get it Right?
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What Social Media is NOT!!!A Silver BulletMagicRocket ScienceCheapFreeA Replacement for
Your Existing Marketing Strategy
Without Roadblocks and Uncertainties
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Social EconomicsSuccessful businesses need to
act more like content aggregators and party planners than advertisers
Learn To Build Cooperation into Your Company Infrastructure
Replace Planning with Coordination
Online Collaboration is Challenging Institutions and the Status Quo
Understand New PR and Advertising Opportunities
What Would Google Do?
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Leveraging Social Media for YOUR Business
Know where you want to go
Develop Relationships with Influencers
Give Your Brand Some Personality
Boring Doesn’t SellBe uniqueBe AuthenticAlways add valueExperimentBe transparent and honestEmbrace change
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What’s Next for this Revolution?
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How To Reach Me….Twitter: @RevSocialFacebook:
http://Facebook.com/WarrenDalyLinkedIn:
http://LinkedIn.com/in/WarrenPDalyEmail: [email protected]