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Social Media Success: Online Marketing Trends and Social Networks Best Practices June 19, 2013 Presented by Mike Byrnes President of Byrnes Consulting, LLC www.byrnesconsulting.com

Social Media Success: Online Marketing Trends and Social

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Page 1: Social Media Success: Online Marketing Trends and Social

Social Media Success:

Online Marketing Trends and Social

Networks Best Practices

June 19, 2013

Presented by Mike Byrnes

President of Byrnes Consulting, LLC

www.byrnesconsulting.com

Page 2: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Logistics

Always check with your compliance department for its specific guidelines on

what your organization will allow you to do online and with social networks.

Byrnes Consulting might video record this session.

If so, a portion of it will be posted on ByrnesConsulting.com.

Page 3: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Is there water in the pool?

Page 4: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin LinkedIn consulting agenda

Prospecting

Branding (profiles)

Communicating

Client relationships

LinkedIn advice

Page 5: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Remember doing a research paper?

Page 6: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Who still uses the phonebook?

X o X

63% of U.S. Internet users use search engines daily

Source: eMarketer August 2012

Page 7: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin The impact of the research era

Zero moment of truth

1st moment of truth

2nd moment of truth

Would it surprise you to know that a full 70% of Americans now say they look at product reviews before making a purchase?2 Or that 79% of consumers now say they use a smartphone to help with shopping?3 Or that 83% of moms say they do online research after seeing TV commercials for products that interest them?4 http://www.zeromomentoftruth.com/assets/files/google-zmot.pdf

Page 8: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Purchase decision spectrum

No research Lots of research

Investments?

Page 9: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin What will your prospects find online?

Other websites

Your

websites

3rd-party published content

Page 10: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin 200 million plus LinkedIn members

Source: LinkedIn

Most searched in 2012… 526,270 views

Total number of 2012 searches…

Page 11: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Proof this works

Page 12: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin What’s your webutation?

Page 13: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin What to aim for

Retention & new business

Increased website traffic

Higher search engine rankings

More online interactions

Elevated awareness

“An archer cannot hit the

bullseye if he doesn’t know

where the target is.”

– Anonymous

So

cia

l m

ed

ia h

elp

s

bu

ild

rela

tio

nsh

ips

Page 14: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Shot gun vs. sniper approach

Fish

wher

e the

fish

are!

Page 15: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin The most powerful prospecting tool

Source of data: LinkedIn

Page 16: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Who has done an advanced search?

Page 17: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin LinkedIn prospecting

Source: LinkedIn

Page 18: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin LinkedIn is not a fad

Source: eMarketer and LinkedIn

Page 19: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Strong social connections

People you may know

Page 20: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Use the lunch rule

Page 21: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Cleaning out unwanted contacts

No message, but they might notice

Page 22: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Share through your profile

Page 23: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Add profile sections

Page 24: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin LinkedIn don’t #1 – testimonials

Page 25: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Shutting off testimonials

Page 26: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Cause-related social media

Page 27: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin LinkedIn profiles can show you care

Page 28: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin LinkedIn’s new company pages

Page 29: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin 6 degrees of…

Add social media to your marketing

and service plan

Build time in the weekly routine to

stay active

Grow your book of business

Page 30: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin LinkedIn consulting agenda

Prospecting

Branding (profiles)

Communicating

Client relationships

Facebook advice

Page 31: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Timing

Source: SocialTimes

Page 32: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin The point of Facebook

Page 33: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin A brand’s Facebook page

Source: Mashable

Page 34: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Reach: Facebook’s algorithm

http://keenlykristin.com/2013/04/20/facebook-edgerank-algorithm/ http://www.tofumarketing.com/social-media/facebook-posts-that-will-increase-your-engagement-and-boost-sales/

http://mashable.com/2013/05/07/facebook-edgerank-infographic/

Page 35: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Reach: Facebook’s tops

https://www.salsalabs.com/support-community/blog/2013/5/new-organizing-institutes-social-media-strategy

1. photo albums

then

2. individual photos

then

3. video

Source: Mashable

Page 36: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Types of learners

65%

visual 30% auditory

5%

kinesthetic

http://www.4therapy.com/life-topics/parenting/how-do-kids-learn-2342

Page 37: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Humans want to work with humans

Page 40: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Ask fans to vote

Source: Social Digital Space

Page 41: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Recency and frequency

Page 42: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Facebook Insights

Page 45: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin LinkedIn consulting agenda

Prospecting

Branding (profiles)

Communicating

Client relationships

YouTube advice

Page 46: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin The second largest search engine

Number

of views

Video title

Video

descriptio

n

Video

rating

(likes vs.

dislikes)

Page 47: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Mind blowing stats

http://www.youtube.com/yt/press/statistics.html

More than 1 billion unique users visit each month

Over 4 billion hours of video are watched each month

Page 49: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Professional vs. armature

Page 50: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Education

Page 51: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin A combination

Page 52: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Gangnam Style

Page 53: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin What’s your definition of viral?

Page 54: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin LinkedIn consulting agenda

Prospecting

Branding (profiles)

Communicating

Client relationships

Twitter advice

Page 57: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin Follow

Thought leaders

News sources

Reporters

Competitors

Clients

Page 58: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Step 2: Filter

Best info

Filter it

Collect all information

Page 60: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

#BasecampSRI

@ByrnesConsultin LinkedIn consulting agenda

Prospecting

Branding (profiles)

Communicating

Client relationships

Content advice

Page 61: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Just one piece of the puzzle

Page 63: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Leverage existing content

If there is no time or resources to develop new content within your firm, hire a copyrighter to provide ghost written information. Write in the language of the target audience.

Page 66: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin Rethink staffing for new needs

Brand journalist Lots available in this economy Good if they don’t know a lot about the industry to take your knowledge and make it translate Use interns wisely It takes an effort

Page 67: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin What’s the ROI?

Use Google Analytics for:

• Visits

• Page views

• Bounce rates

• Average time on the site

• Traffic sources

• Pageview breakdowns

Source all traffic

Page 69: Social Media Success: Online Marketing Trends and Social

© 2008-2013 Byrnes Consulting, LLC. All rights reserved.

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@ByrnesConsultin

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Contact information

Mike Byrnes President of Byrnes Consulting, LLC

www.byrnesconsulting.com

832-4BYRNES [832-429-7637]

[email protected]

Facebook: Byrnes Consulting, LLC

Twitter: @ByrnesConsultin

LinkedIn: Practice management

for advisors