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Social Media Strategy Framework

Social Media Strategy Framework Shared

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Framework for building a social media strategy

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Page 1: Social Media Strategy Framework   Shared

Social Media Strategy Framework

Page 2: Social Media Strategy Framework   Shared

INTRODUCTION

Page 3: Social Media Strategy Framework   Shared

SOME ”TRUTHS” ABOUT SOCIAL MEDIA MARKETING

• Marketing in social media is ”PULL” not ”PUSH

• Marketing in social media is slow marketing

• Marketing in social media is engaging content

• Marketing in social media is based on dialogue not

monologue

Page 4: Social Media Strategy Framework   Shared

THE WEB IS GETTING INCREASINGLY SOCIAL…

Page 5: Social Media Strategy Framework   Shared

.. WHICH ALSO EFFECTS PURCHASE DECISION MAKING

Source: McKinsey Quarterly June 2009

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THREE MATURITY PHASES

Page 7: Social Media Strategy Framework   Shared

> 25% HAS A DEVELOPED STRATEGY

Page 8: Social Media Strategy Framework   Shared

BUILD THE STRATEGY

Page 9: Social Media Strategy Framework   Shared

It’s not about doing it all

it’s about doing it right!

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APPROACH

RESEARCH OBJECTIVES ACTIVITIESDEVICES (SOCIAL

PLATFORMS)

DEVELOPED SOCIAL MEDIA

STRATEGY

Baserat på Marketing Sherpas ROAD map modell

Page 11: Social Media Strategy Framework   Shared

GATHER INFORMATION

RESEARCH

Page 13: Social Media Strategy Framework   Shared

Know Control

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FIND YOUR BENCHMARKS

• Establish qualitative & quantitative social benchmarks to understand your position vs competition

# active

Facebook

Fans &

Twitter

Followers

Social

activity level

Sentiment

# of

retweets

Share of

voice

Page 15: Social Media Strategy Framework   Shared

CREATE SOCIAL PROFILES

Social Authority

Vocal Minority

Silent Majority

Page 16: Social Media Strategy Framework   Shared

SOME RESEARCH TOOLS

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SELECT TARGET AUDIENCE

SET OBJECTIVES AND GOALS

OBJECTIVES

Page 19: Social Media Strategy Framework   Shared

SET OBJECTIVES & GOALS

Objectives

Goals

Become the No 1

source of inspiration

within home

accessories

Serve our clients

needs where ever

they are

Be perceived as a

trustworthy,

knowledgeable

and supportive

partner

10 000 new customers

Increase reach in target group by

20%

70% of primary segment perceive the company as no 1 in home accessories

Increase CSI by 10%

Page 20: Social Media Strategy Framework   Shared

# of positive

comments on

company brand

& products

# blog posts,

comments,

sharing, linking

Share of voice in

authority

channels

# active Twitter

Followers

# active

Facebook Fans

% Reach in target

audience - #

of touch

points

% Increase in

customer

satisfaction

% Dwell rate –

time spent with

brand

Sales conversion

rate

DEVELOP YOUR KPI:s

ROI

Page 21: Social Media Strategy Framework   Shared

STRATEGIC PLAN

ORGANIZATION

ACTIVITIES

Page 22: Social Media Strategy Framework   Shared

DEVELOP YOUR STRATEGIES

Objectives

GoalsStrategy formulation

Operations

Strategy

Tactics

Become the No 1 source of

inspiration within home accessories

Serve our clients needs where ever

they are

Be perceived as a trustworthy,

knowledgeable and supportive partner

10 000 new customers

Increase reach in target group by

20%

70% of primary segment perceive the

company as no 1 in home accessories

Increase CSI by 10% vs LY

Launch campaign x, y, z in relevant social

media channels

Synchronizing teams and activities

Leverage knowledge within home accessories in social channels

Build relationship with online

authority in our business

Set up distribution of content on YouTube

& Slideshare

Organization to support relationship

Set up relevant tools for monitoring

Processes for analysis and operations

Integrate SM engagement in

overall marketing strategy

Build customer services through social channels

Create support through Twitter &

Facebook

Create Wiki for user generated

instructions

Train the CS team

Build RSS structure

Promote content on Facebook, Twitter,

Blog,

Organization, Processes, routines & KPIs for follow up

Page 23: Social Media Strategy Framework   Shared

BUILD THE ORGANIZATION

Central

Coordination

- policies

Marketing

Product

Customer

Support

etc

Operations

team

PersonalPersonal

PersonalPersonal

PersonalPersonal

PersonalPersonal

Staff

Page 24: Social Media Strategy Framework   Shared

ARCITECHTURE

PLATFORMS

DEVICES

Page 25: Social Media Strategy Framework   Shared

BUILD YOUR ARCHITECTURE

Site

Keywordoptimized

content

Link structure to conversion

points

Distribution

Newsletters

Our blogs

Our RSS

Otherblogs

Promotion

RSS

RSS

Notification

RSS

Notification

Based on Björn Alberts ”Basic Blueprint The Brad Sphere ”

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TRACK PERFORMANCE

Use your web analytics tools to optimize and track ROI

• Inbound traffic source

• Unique visitors from social media channel

• Activity

• Inbound traffic conversion rate

• Converting visitors from social media channel• Activity

Page 27: Social Media Strategy Framework   Shared

BUILD YOUR FEEDBACK LOOP

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CASE STUDIES

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WINE LIBRARY

+27.000 Fans +6000 Followers

Promotion/Conversation

Content

Distribution

14.000 visningar

Distribution

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BORDERS

Promo/Conversation

Content

Sharing

Link to conversion point

Promotion

Distribution

Page 31: Social Media Strategy Framework   Shared

THE FIESTA MOVEMENT

Promotion Distribution

DistributionDistribution

Distribution

Content

Page 33: Social Media Strategy Framework   Shared

IS ENGAGMENT PROFITABLE?

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SUCCESSFUL COMPANIES ARE MORE ENGAGED

Mavens

Wallflowers

Butterflies

Selectivies

Source: Wetpaint & Altimeter ”The worlds most valuable brands, who’s most engaged?

Page 35: Social Media Strategy Framework   Shared

DEFINITIONS

• Mavens:– Engagement in more than seven channels, above average engagement score. Examples

Starbucks & Dell. They have a robust strategy, a team dedicated for their engagement and have made social media a part of their go to market strategy.

• Butterflies:– Engagement in seven or more channels, but have much lower engagement. Examples

American Express and Hyundai. Engage in a few channels, but spread themselves thin. Have not full management buy-in to make the engagement strategic

• Selectives:– Engage in six or less channels, but have a higher than average engagement level.

Examples H&M and Philips. They focus deeply in a few channels and engage when and where it matters most. But, they are lightly staffed with small budgets for execution.

• Wallflowers:– Engagement in just a few channels, lower than average engagement level. Examples

McDonalds. They are cautious about the risks and uncertain about the benefits and engage only lightly in the channels where they are present.

Source: Wetpaint & Altimeter ”The worlds most valuable brands, who’s most engaged?

Page 36: Social Media Strategy Framework   Shared

ENGAGED COMPANIES ARE MORE SUCCESSFUL!

Source: Wetpaint & Altimeter ”The worlds most valuable brands, who’s most engaged?

Page 37: Social Media Strategy Framework   Shared

KEY TAKE AWAYS

RESEARCH

SET TARGETS

DEVELOP STRATEGY ,

ORGANISATION & TACTICAL

PLAN

CREATE ARCHITECTURE

TRACKING & OPTIMIZATION

CONTINOUS REFINEMENT OF

STRATEGY & TACTICS

ROI

Page 38: Social Media Strategy Framework   Shared

CONTACT

Ulrik Zielfelt

[email protected]

+46 70 650 12 68

www.impwell.com

Twitter: Impwell

Facebook: Impwell

Linkedin: http://se.linkedin.com/in/ulrikzielfelt