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Slides for a social media workshop for delegates on a crowdfunding workshop. Looking at things from the angle of strategy development in advance of launching a crowdfunding pitch.
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© Lionel Bunting, 2013
Social media for crowdfunding
Presented by: Lionel Bunting
Image source: trezy.tv
© Lionel Bunting, 2013
Today’s Workshop
Mainstream social media
Social media etiquette
Build followers
Creating content
Segmentation & RACE
© Lionel Bunting, 2013
XX
xxxxx
available platforms
© Lionel Bunting, 2013
four toys
© Lionel Bunting, 2013
Know your audience
Dominated by women, ethnicity white, with higher
than average education, relatively high income
bracket, more rural
More women than men, ethnicity black, dominated by
18-29 year olds with some college education, more
urban
Dominated by 18-34 year old men, consuming 300
videos per month avg. mixed income, slightly higher
urban areas
Relatively equal male/female split, larger proportion
or ethnic groups in 18-29 year olds, very few over
50s, broad spectrum education and income, more
focussed on urban areas
© Lionel Bunting, 2013
PR Moment – data sourced from YouGov research
© Lionel Bunting, 2013
By numbers
Blogs 63% more likely to influence purchasing decisions than
magazines
Companies that blog generate 5x more traffic
Articles with images get 94% more views
Sites using infographics grow on avg. 12% more than those who
don’t
58% of audience stop watching videos in first 90sec
Sites with video 50% more likely to be ranked on page 1
Using video on landing pages increase conversions by 86% Optimind technology
© Lionel Bunting, 2013
Brand promiseCommitment to deliverMade between consumer and brand
Aligned to the priorities of, and influences on, the decision maker
Retail brands & luxury marques often intend to make the pulses of buyers quicken
Balmer & Grey (2003) refer to the corporate brand as a collection of promises encompassing the brands physical & emotional benefits to buyer.
Image source: blackcoffe.com
© Lionel Bunting, 2013
Engaging content
Image source: upstream.co.uk
© Lionel Bunting, 2013
Content creation & engagement ideas
Regular blog
Guest blogs
How to page
White papers
Guides & booklets
Advice & FAQs
Content curation
Surveys & polls
Demos
Free tools
Infographics
Themed gallery
Video content
Webinar
Social media tools
Social share
function
Competition
Influencers & brand
ambassadors
3rd party reviews
Focus group
Events & tweetups
PR activity
Sponsorship
© Lionel Bunting, 2013
Engaging content
Image source: upstream.co.uk
© Lionel Bunting, 2013
Sales funnel
© Lionel Bunting, 2013
RACE ReachBuild awareness on
other sites & in offline media to
drive web presence
ActEncourage audience to interact with
brand on website or other online
ConvertAchieve conversion to marketing goals such as fans, leads
or sales on web presence & offline
EngageBuild customer & fan relationships through time to
achieve retention goals
Developed by Dave Chaffey
© Lionel Bunting, 2013
Social platforms exercise
© Lionel Bunting, 2013
Crowdsourcing mistakes
People don’t know you
No one knows what you’re on about
No clear USP
No communication strategy
Not encouraging the audience
Failure to connect or ignite viewers
Unrealistic goals
No conversions
Useful sources: Mashable, Searchengineland, Smartinsights
© Lionel Bunting, 2013
© Lionel Bunting, 2013
Etiquette
Remember social media is social
Interaction is expected
Avoid shameless self promotion
Hashtagging adds tone, subject &
humour
Opinions count so do share
Post frequently & timely
Following, likes & connections speaks
volumes – choose wisely
Avoid automation
Keep it simple – link or hashtag Image source: Clarissa Collakoppen
© Lionel Bunting, 2013
Inactive statement don't forget we launch our crowdfunding pitch on Sunday at 10am
Entertaining statement bouncy, bouncy, bouncy... aah that new pocket sprung bed is just the best! #dreamy
Promotional tweetif you didn't get the Gazette this week you missed our great offers - top grade 3+2 seater leather sofas for £1399 #bargain
Retweet with comment RT @_atelier82: The 100 richest Chinese are worth more together than Ireland's entire GDP http://shortlink.here (wow great fact)
Responding to a question@chiuni students can gain support for their creative arts projects at kickstarter http://shortlink.hereCall to action wow, lots more people signed up to our business investment shoutout this week - if you haven't pledge yet visit us now... http://shortlink.here
Interactive & entertainingthe bells, the bells – we’re raising money to save the bells – what will you abseil 100ft for? http://shortlink.here #churchjump
© Lionel Bunting, 2013
Video considerations
Platform & segmentation
Compression rates
Length of time
Quality control
Content - structure & story
Sound & clarity
Language
Availability & shareability
© Lionel Bunting, 2013
Review
Mainstream social media
Social media etiquette
Build followers
Creating content
Segmentation & RACE
Video considerations