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Social Media: Marketing your Business

Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

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Page 1: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

Social Media: Marketing your Business

Page 2: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

What is Social Media?

• A blending of technology and social interaction for the co-creation of value– Consumer-generated media, user-generated

content– Old form of advertising was a monologue

New form is a dialogue– The goal is not to control the conversation.

The goal is to influence and engage.

• Part of the Marketing Mix

Page 3: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

The Standard Marketing Mix

Page 4: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

Today’s Marketing Mix

Consumer

Cost

Convenience

Communication

Page 5: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

Trilogy of Trust

The Trilogy of Trust is the trust one person has for another that is passed to a third party.

Page 6: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

Target Audience

Page 7: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 8: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 9: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 10: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

The Big Trends

• Visualization – Instagram, Pinterest, larger images on Facebook and Twitter, highly visual format Google +.

• Mobile use and sharing – Instagram, Check-ins (Facebook and Foursquare)

• Mobile shopping – smart phones, tablets – couch and bed (68%), showrooming

Page 11: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 12: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 13: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 14: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 15: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated
Page 16: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

Social Media Marketing Tips for Crowdfunding from Guy Kawasaki

• Build followers for 9 – 12 months before the campaign• Understand the difference between platforms• Create an individualized and complete profile• Curate and write• Self-promote 1 out of 20• Include videos or images and be authentic• Repeat your posts• Find the time

Page 17: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

The UTSA Small Business Development Center prepared this information as a public service. It is not designed as a substitute for legal advice, nor is it a comprehensive statement of the law. Future changes in the law cannot be predicted, and statements are based solely on the laws in force on the date of release. If you have specific questions on this issue, please seek professional advice.

Page 18: Social Media: Marketing your Business. What is Social Media? A blending of technology and social interaction for the co-creation of value – Consumer-generated

UTSA Small Business Development Center

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