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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 1 Copyright epsos.de http://www.flickr.com/photos/epsos/4376727123/ How Do I Reach My Customers? Direct and consumer marketing for publishers Social Media Marketing

How do I reach my customer? Direct and consumer marketing for publishers: Social Media Marketing

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 1

Copyright epsos.de http://www.flickr.com/photos/epsos/4376727123/

How Do I Reach My Customers?

Direct and consumer marketing for publishers

Social Media Marketing

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 2

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Social Media

Direct and consumer marketing for publishers

Me, myself and I

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 3

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Social Media

Direct and consumer marketing for publishers

In the past was no dialogue between publisher and

customer – the only form of dialog were the number of sales

Author Publisher Bookstore

Customer

Customer

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 4

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Social Media

Direct and consumer marketing for publishers

Today there are dialogues between all parties

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 5

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Social Media

Direct and consumer marketing for publishers

These dialogues happen through

Social Media. Do you want to be

part of the party? Foto: David Domingo http://www.flickr.com/photos/61085800@N00/97519096

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 6

Social Media

Direct and consumer marketing for publishers

What exactly is social media?

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 7

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Social Media

Direct and consumer marketing for publishers

The paradigm shift: From outbound marketing…

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 8

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Social Media

Direct and consumer marketing for publishers

The paradigm shift: …to inbound marketing

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 9

http://marketinggovernance.com

Social Media

Direct and consumer marketing for publishers

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 10

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Social Media

Direct and consumer marketing for publishers

The communication

shift:

digital, mobile & social

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 11

Social Media

Direct and consumer marketing for publishers

The communication

shift:

digital, mobile & social

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 12

Social Media

Direct and consumer marketing for publishers

Social Web is a general term for

new, social interactions on the

internet between customers.

Social Media describes the tools,

plattforms and systems which

customers are using to

communicate among themselves.

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 13

Social Media

Direct and consumer marketing for publishers

The most important fact about Social Media:

It‘s for dialogue, not for monologue, it‘s for reputation, nor for selling

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 14

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Social Media

Direct and consumer marketing for publishers

Why should Publishers

use Social Media

for customer communication?

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 15

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Social Media

Direct and consumer marketing for publishers

Nowadays publishers aren‘t the leading multiplicators

and opinion-formers. Instead of purchasing content at

or seeking information from publishing houses,

customers adress other customers, for example via

social networks. Exchanges happen in online-based

communities and customers prefer recommendations

of other customers, not of recommendations of

publishers.

In short: publishers have lost their leading

role in the context of content, everyone can be

a publisher in the digital age.

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 16

Social Media

Direct and consumer marketing for publishers

Or, in other words:

we have to fish

where the fishes

(= customers) are…

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fundamental

changes

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 17

Social Media

Direct and consumer marketing for publishers

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 18

Direct and consumer marketing for publishers

1. Great importance of the knowledge about our

customers and their needs: publishers cannot

afford to blindly produce products for more and

more segmented and detailed markets

Social Media

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 19

Direct and consumer marketing for publishers

2. Things (that

means: our products)

that cannot be found

in social networks or

search engines

enriched with social

recommondations

don‘t exist in future

Social Media

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 20

Social Media

Direct and consumer marketing for publishers

Discoverability:

Where‘s the book?

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 21

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Social Media

Direct and consumer marketing for publishers

“There are numerous ways to

discover books, yet online

book discovery

continues to be one of the

biggest challenges that

publishers, authors, and

booksellers face.”

Judith Rosen

Publishers Weekly

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 22

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Social Media

Direct and consumer marketing for publishers

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 23

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Social Media

Direct and consumer marketing for publishers

Future book-purchasing Platforms Pirates Publisher

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 24

Social Media

Direct and consumer marketing for publishers

Social Media Marketing

Do It Yourself (in plain english)

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 25

Copyright epsos.de http://www.flickr.com/photos/epsos/4376727123/

Social Media

Direct and consumer marketing for publishers

Define your target audience and know your

products

Define your targets (brand, traffic to your website, leads, more customers,

more revenue from your customers, followers, fans)

Define your communication channels based on your targeted audience

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 26

Copyright epsos.de http://www.flickr.com/photos/epsos/4376727123/

Social Media

Direct and consumer marketing for publishers

Identify multipliers and influencers (sometimes it’s easier to let blogger do your job – perhaps they have a wider range than you)

Determine ressources and budgets

Define workflows, tools, editorial

calendar – and the social media policy for the

employees

Measure your target

achievement

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 27

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Social Media

Direct and consumer marketing for publishers

Will Social Media

make us rich?

Wrong question!

More important is what

will happen if publishers

don‘t have dialogue with

their customer ?

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 28

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Social Media

Direct and consumer marketing for publishers

Social Media Marketing

Examples (a very small amount)

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 29

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Social Media

Direct and consumer marketing for publishers

Penguin USA: Mini book club meetings with the author on Twitter

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 30

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Social Media

Direct and consumer marketing for publishers

HarperCollins: connected Tumblr blogs

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 31

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Social Media

Direct and consumer marketing for publishers

Chronicle Books: Tumblr blog

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 32

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Social Media

Direct and consumer marketing for publishers

Hanser Verlag: Publisher Michael Krüger on YouTube

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 33

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Social Media

Direct and consumer marketing for publishers

100freunde.de: Crowdfunding for books

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 34

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Social Media

Direct and consumer marketing for publishers

Hermann Schmidt Verlag: Beautiful typography on Pinterest

Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 35

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Social Media

Direct and consumer marketing for publishers

Springer: Every specialist field in multiple channels

Sometimes less is more…

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Steffen Meier Frankfurt Book Fair Frankfurt Academy Oktober 2013 36

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Social Media

Direct and consumer marketing for publishers