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Social Media Marketing February 2013 Twitter: @gocohen

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Social Media MarketingFebruary 2013

Twitter: @gocohen

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what is social media?

CONTENT | CONVERSATION | COLLABORATION | COMMUNITY | CONTROLCONTENT | CONVERSATION | COLLABORATION | COMMUNITY | CONTROL

INTERNET-BASED TECHNOLOGIESINTERNET-BASED TECHNOLOGIES

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people are publishing, posting, and tagging - @gocohen

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industry and culture are reinventing

POLITICSPOLITICS

NEWSNEWS

HEALTHCAREHEALTHCARE CROWDFUNDINGCROWDFUNDING

FLASHMOBSFLASHMOBS MASHUPSMASHUPS

RETAILRETAILMOBILEMOBILE

UGCUGC

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WHAT BRANDS SAY BECOMES LESS IMPORTANT

WHAT PEOPLE SAY BECOMES MORE IMPORTANT

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TECHNOLOGYTECHNOLOGY CONTENTCONTENT

LISTENLISTEN TALKTALK

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SELLSELL

FINDFINDTURN CUSTOMERSTURN CUSTOMERS

INTO FANSINTO FANS

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marketing becomes a conversation

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• Listening as a Marketing Practice

• Channel Activation

• Engaging with Content

• Engaging with Conversation and Community

• Advocacy as a Marketing Channel

• Big Idea

process

questions

Who is your target audience? Why do they purchase from you? Others? How do you currently market to them? How are you differentiated from competition? What are the dynamics of your market? What are your current and future business goals and needs

Social media strategy comes after general business strategy:

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listening

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listening

Business Trends

Product Development

Positioning

Prospecting

Relationship Marketing

Marketing Impact

Crisis Management

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free tools

track conversation by topic, brand, tags sites, blogs, forums, communities monitor, alerts, trends

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Comprehensive Reports Engagement Platform Benchmarks & Analysis

paid services

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•Click on any word to see the posts for that word.

• Golf Magazine Leads Blog Engagement (no registration)• Golf Digest relatively strong engagement otherwise

•Click on any word to see the posts for that word.

• GD has highest overall engagement not including editor posts• GD dominating Twitter and not including editors

•Click on any word to see the posts for that word.

• Golf instruction has the highest engagement rate

Volume of Conversation

Spin Competitor Share of Voice– 10/17– 11/1411

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social marketing principles and case

studies

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crowdsourcing - Turbo Tax

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3.92

3.97

4.02

4.07

4.12

4.17

4.22

4.27

10% 20% 30% 40%

Make support free

(% of participants who agreed with a particular statement)

Popularity

Importance

(how highly ranked was this among those who selected it)

Poor service / Support

e-File fees

Rebates

Interview

Just not “wowed”

Updates: Problems and time required

Quality – Non- specific

E-File problems

Better in -product help

Value perception

Insta ll problems

Bring support back to U.S.

Updates— Availability

Direct pricing vs. Retail Eliminate in -product ads

Accessing prior year re turns

Printing

3.92

3.97

4.02

4.07

4.12

4.17

4.22

4.27

10% 20% 30% 40%

M a k e s u p p o r t f r e e

(% of participants who agreed with a particular statement)

Popularity

Importance

(how highly ranked was this among those who selected it)

Poor service / Support

e-File fees

Rebates

Interview

Just not “wowed”

Updates: Problems and time required

Quality – Non- specific

E-File problems

Better in -product help

Value perception

Insta ll problems

Bring support back to U.S.

Updates— Availability

Direct pricing vs. Retail Eliminate in -product ads

Accessing prior year re turns

3.92

3.97

4.02

4.07

4.12

4.17

4.22

4.27

10% 20% 30% 40%

M a k e s u p p o r t f r e e

(% of participants who agreed with a particular statement)

Popularity

Importance

(how highly ranked was this among those who selected it)

Poor service / Support

e-File fees

Rebates

Interview

Just not “wowed”

Updates: Problems and time required

Quality – Non- specific

E-File problems

Better in -product help

Value perception

Insta ll problems

Bring support back to U.S.

Updates— Availability

Direct pricing vs. Retail Eliminate in -product ads

Accessing prior year re turns

Printing

score and plot results to determine action items

Action items:Invested 45% more in technical support and service

Numerous product quality initiatives

Added free e-mail support; new policy of not billing for calls if the cause is Intuit’s problem

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direct marketing applications

Example #2: Used comments harvested via Informative to support

direct mail messaging

Solicited richer testimonials from Inner Circle members for “TurboTax True Stories”

Letting our customers do the selling for us

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referral marketing

Letting our customers do the selling for us

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INFLUENCER MARKETINGINFLUENCER MARKETING

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Integrated MarketingContent + Conversation

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OLD NIKE MARKETINGOLD NIKE MARKETING

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New Nike Marketing

NEW NIKE MARKETINGNEW NIKE MARKETING

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CONTENT MARKETINGCONTENT MARKETING

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CONTENT/COMMUNITY MARKETINGCONTENT/COMMUNITY MARKETING

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BIG IDEABIG IDEA

ROI?

you!thank

michael [email protected]: @gocohen

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strategies and tactics

Research/Strategy

Media

Product Development

MARKETING

Innovation

CRM/Support

PR

Creative

Promotion

Corporate FunctionSocial Tactic

Bookmarking

Monitoring

Wikis

Widgets

News Releases

Tagging

Boards/Forums

Mashups

Events

Microblogging

Photo & Video

Crowdsourcing

Social Networks

Wikis

Ratings/Reviews

Podcasting

HR/Admin

Social Strategy

Listening

Content

Conversation

Advocacy

Big Idea

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Listening drives actionable intelligence to fuel product, content, marketing, and engagement strategy.

Directed Conversation and incorporated feedback builds relationships and community.

Distributed Content expands footprint and increases influence

by providing the tools to Activate Community and build

Advocacy within target audience.

Site-Side community features built into website complete the conversation and advocacy circle.

A Big Idea can emerge that connects a marketer’s brand promise to the cultural ideals of its constituency.

Pla

nn

ing

&

En

gag

emen

tA

dvo

cacy

C

han

nel

Par

tner

&

Idea

tio

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fundamental changes in the new marketing framework

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old framework

Web Site

PR, Advertising,Search, White Papers, Email

PR, Advertising,Search, White Papers, Email

SEO, Email, UGC SEO, Email, UGC

Reporting & AnalysisPAID MARKETING

ORGANIC MARKETING

Market IntelligenceMarketing Strategy

Products/ServicesContent Strategy

-Traditional planning drives product, content, and marketing strategy

-Utilize paid and organic tactics to drive audience

-Evaluate Response RatesIn conjunction with Site-Side Performance

-Assess Goals and implement Incremental Optimization for Site, Creative, Marketing and Media

PLANNING

PROCESS

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Identify InfluencersParticipation Opportunities

Collaboration Tool:Products/Services

Converse/CommunityInfluencer/Advocacy

Listening Post

BIG IDEAWeb Site

PR, Advertising,Search, White Papers, Email

PR, Advertising,Search, White Papers, Email

SEO, Email, UGC, Social Media

SEO, Email, UGC, Social Media

Reporting & Analysis

PAID MARKETING

ORGANIC MARKETING

new framework

Voice ofCustomer

Products/ServicesContent Strategy

Market IntelligenceMarketing Strategy

Distributed Content

Activated Community

New Community

Features

PLANNING

PROCESS

- LP informs planning to help drive brand, content, & marketing intelligence and identifies fans, influencers, and opportunities to engage.- VOC engages a willing audience in conversation to further inform planning and to identify fans and influencers to build community and advocacy program.- Content is made accessible and/or distributed across Web to seekers and fans fueling interaction, influence, community and advocacy. - Site-side community features built-in to drive further engagement at home.- Data-driven reporting and analysis continues to inform decision making.