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SOCIAL MEDIA MARKETING: An Overview Lovette Jam P. Jacosalem First MSU Main E-Commerce Expo Marawi City |10-07-2013

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SOCIAL MEDIA MARKETING:

An Overview

Lovette Jam P. JacosalemFirst MSU Main E-Commerce Expo

Marawi City |10-07-2013

What are we going to talk about today?

Topic Outline

What is Social Media?◦Definition◦Different social media tools

Why should you care about social media?How do you start?Case Study: #ExperienceIliganCommon Questions

What is SOCIAL MEDIA?

Social Media is the “media for social interaction, using highly accessible and scalable communication techniques. Social media is the use of web-based and mobile technologies to turn communication into interactive dialogue.”

~Wikipedia

Social Media are the platforms that enable the interactive web by engaging users to participate in, comment on and create content as means of communicating with their social graph, other users and the public.

~Heidi CohenRiverside Marketing Strategies

What is SOCIAL MEDIA?

Simply put:

Social Media is people having

conversations online.

Social Media Tools

BlogsMicroblogsVideo and photo sharing sitesOnline chatSocial networksSocial gamesVirtual worldsLivecastWikisEtc, etc, etc…

Why should you care?

Reason #1

Social Media is more popular than

ever.

4,334,000+ articlesin English

Wikipedia

Source: Wikipedia

Blogs

Source: Internet 2012 in Numbers,  Blogging.org

634 million websites as of Dec 201287.8 million Tumblr blogs.

59.4 million WordPress sites

1.15 billion monthly active users as of June 2013

699 million daily active users on average in June 2013

Facebook

Source: Facebook

More than 1 billion unique users visit YouTube each month

Over 6 billion hours of video are watched each month

100 hours of video are uploaded to YouTube every minuteSource: YouTube

YouTube

70 million users

2.5 billion monthly page views

~500,000 business accounts

Pinterest

Source: Pinterest Stats

Some Social Media Statistics

What about in the Philippines?

In the Philippines…

33,600,000 Internet users as of Dec/11, 32.4% penetration, per Nielsen

29,890,900 Facebook users on Dec 31/12, 28.8% penetration

The internet audience in the Philippines is the fastest-growing in the Southeast Asia region, growing by 22% since March 2012.

Source: Internet World Stats

What are Filipinos doing online?

Source: 2013 Southeast Asia Digital Future in Focus

What are Filipinos doing online?

Source: 2013 Southeast Asia Digital Future in Focus

Social Media is not a fad.

It’s a fundamental shift in the way we

communicate.

Reason #2

The new communication model is a dialogue.

Communication

Should be: And not:

TransparentInclusiveAuthentic VibrantConsumer-driven

ControlledOrganizedExclusiveProduct-driven

Only 14% of people trust advertisements

78% of people trust the recommendations of other consumers.

Source: Nielsen Global Trust in Advertising Survey, 2007

Reason #3

Tomorrow’s consumers are today’s “digital natives.”

Millennials/Gen Y-ers outnumber the Baby Boomers.

The purchasing power of millennials is estimated to be $170 billion per year. 

Source: https://medium.com/how-to-succeed/c76fb1231fbb

Millennials spend > 16 hours per week online.

96% of them joined a social network.

They have an average of 220 online friends.

Millennials don’t care about your AD.

They care about what their friends think.

Bottom line:

The train is leaving

WITH OR WITHOUT YOU

so get on it and just start.

HOW DO YOU START?

Inbound Methodology

Source: http://www.hubspot.com/inbound-marketing

The proven methodology for the digital age

The best way to turn strangers into customers and promoters of your business.

Social Media Success Wheel

Source: Leigh Kostiainen, Advanced Fan Page Solutions

1. People

Who is your ideal client? Who really buys your products?

DemographicGeographicPsychographicTechnographic Behavioral

2. Purpose

Know why you are using social media. ◦Build your mailing list◦Drive traffic to your website◦Position yourself or your business as the leader in your niche industry

What concrete results do you expect?◦increase traffic to the site by x%

3. Platform

Determine which social media platform is best for your business.

4. PlanWhat is the right mix of channels for your

campaign?◦Pin down your campaign objective◦Identify the roles of social media to achieve

that objective◦Choose the best channels for that role.

Sample Campaign

Campaign Objective: Remind Consumers to Buy / Ongoing PromosRoles of Social Media:   Location-Based Marketing, Frequent UpdatesBest Channels: • Foursquare (Tips)•Twitter (Hourly Updates)

Sample Campaign

Campaign Objective: Massive AwarenessRole of Social Media: Launch a Viral CampaignBest Channels: •Facebook (Promo)•Blogs•Twitter (Hashtag Campaign)

5. Policy

Clearly establish the rules for using social media in your business. ◦How can your brand be used? ◦Who can use your brand?◦How are people allowed to use social media on company time?

6. Produce Content

Content is the complete key to social media success. ◦Articles or blog posts◦Videos◦Images◦Links◦Games◦Audio

Content is King…

Starts a conversationCreates links, interactions, PageRank, and

EdgeRankCompels people to share, which leads to more visibility

Tips in Creating Content

Create quality, shareable, findable content.Know your audience.Understand that content isn’t just a bunch

of words.Place a very strong emphasis on style and

voice.Make use of your expertise.Provoke emotions.Ask for content.

7. Performance Measurement

Measure your online growth, reach and influence.

Basic Measurements

Number of Followers / Fans / Likes / SubscribersNumber of CommentsNumber of SharesNumber of Retweets / ReblogsNumber of Links / Blog MentionsViews / Reach / Impact

Advanced Measurements

Klout / Influencer ScoreResponse / Resolution RateShare of VoiceInteraction RateSentiment RatioSocial Media ROI

Metrics specific to common categories

Tips in Measurements

Experiment with your tools.◦Accuracy of measurement will depend on these

(usually free) tools’ algorithms. Make sure you acid test before you use in your campaigns.

Always contextualize your measurements.◦Identify timeframe and worth of investment to

properly gauge the significance of your results.Be your own benchmark.

◦Improve by beating your own social media record.

Case Study:

#ExperienceIligan Campaign

Iligan Bloggers Society, Inc.September 2013

1. Purpose

Massive Awareness: Highlight Iligan City in the internet

2. People

Target: Tourists all over the world.

Iliganons◦Iligan-based◦non-Iligan-based

Past visitors of Iligan City

3. Platform

4. Plan

Campaign Objective: Massive Awareness

Role of Social Media: Launch a Viral Campaign (#ExperienceIligan)

Best Channels: • Facebook • Twitter (Hashtag Campaign)• Instagram• Blogs

5. Policy

How can #ExperienceIligan be used?

Who can use #ExperienceIligan?

6. Produce Content

Blog PostsPhotos VideosNews articles about Iligan CityTweetsInstagram Posts

7. Performance

Common Questions

Social Media is overwhelming! Where should I start?

Always start with a plan. Write down your goals and objectives, form a strategy and implement that strategy through a well-structured plan.

What are the best social media channels to use for my business?

Different channels work best based your target market.

B2B business: LinkedInB2C company: FacebookTwitter!

How much time should I spend on Social Media each day?

10-20 minutes in the morning and 10-20 minutes in the evening is all you

need to keep on top of your social media strategy.

When should I post on Social Media?

Consider the lifestyle of your audience when thinking about what time of the day to send your posts. ◦Workers / students: morning, lunchtime, after work

Test, test and test the times you post and measure the responses, or lack of.  Find out what works for your business, industry and customers.

Can social media replace other forms of marketing?

No. You should consider social media as an important part of your marketing mix, but it can’t be your sole marketing activity. 

How much does Social Media cost?

For small organizations (little or no marketing budget): TIME / Sweat Equity

Medium / Large: ◦Facebook ads◦Article writer / Bloggers◦Social media manager

Blogs: www.traveljams.com lovettejam.blogspot.comSlideshare: slideshare.net/lovettejamTwitter / Instagram: @lovettejamFacebook: facebook.com/lovettejamEmail: [email protected]

THANK YOU!

References http://heidicohen.com/social-media-definition/ http://www.hubspot.com/inbound-marketing http://www.slideshare.net/mzkagan/what-the-f

k-social-media http://econsultancy.com/us/blog/7334-social-

media-statistics-one-year-later http://www.jeffbullas.com/2011/09/02/20-stun

ning-social-media-statistics/ http://www.checkfacebook.com/ http://wapor.unl.edu/wp-content/uploads/2011

/09/Labucay.pdf http://www.onlineschools.org/state-of-the-inter

net/soti.html http://www.digmlm.com/4-tips-for-creating-gre

at-content http://www.slideshare.net/CokskiBlue/what-is-

your-brands-social-media-diet http://www.comscore.com/Insights/Presentatio

ns_and_Whitepapers/2013/2013_Southeast_Asia_Digital_Future_in_Focus

https://medium.com/how-to-succeed/c76fb1231fbb

http://royal.pingdom.com/2013/01/16/internet-2012-in-numbers/

Image Credits

http://www.adrants.com/images/twitter_bird_learning.png

http://www.fredcavazza.net/files/Q2-08/SocialMediaLandscape.jpg

http://empoweredonlineentrepreneurs.com/wp-content/uploads/2011/01/Twitter-vs-Tumblr.jpg

http://www.thesaleslion.com/wp-content/uploads/2010/09/Should-I-blog.jpg

http://www.virtussocialmedia.com/blog/wp-content/uploads/2011/01/u-300x214.jpg

http://cdn3.digitaltrends.com/wp-content/uploads/2011/08/url1.png

http://prblog.typepad.com/.a/6a00d8341c57a853ef0120a576cbb4970c-500wi

http://www.arealchange.com/blog/wp-content/uploads/2010/09/iStock_000006413485XSmall1.jpg

http://www.robcottingham.ca/cartoon/wp-content/webcomic/noise-to-signal/2012.04.28.pinterest.png