companies don't need to suck at social media

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COMPANIES DON’T NEED TO SUCK AT SOCIAL MEDIA! Presenta(on made for Think Interna(onal IV Copenhagen

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This is a presentation that I gave at the Think International IV event - Copenhagen - Mar, 2011. The presentation has been modified i.e. text added, substituting me talking. Love to hear your feedback.

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Page 1: Companies don't need to suck at social media

COMPANIES

DON’T NEED

TO SUCK AT

SOCIAL

MEDIA!

Presenta(on  made  for  Think  Interna(onal  IV  -­‐  Copenhagen

Page 2: Companies don't need to suck at social media

The ways people

communicate, work, and

organize themselves is

fundamentally changing.

Page 3: Companies don't need to suck at social media

The ways people communicate, work, and organize themselves are fundamentally changing.And the change is visual.

And the change isvisual.

Page 4: Companies don't need to suck at social media

What makes social media di!erent?

Page 5: Companies don't need to suck at social media

1.REACH

Page 6: Companies don't need to suck at social media

Social media is decentralized and able to reach all corners of the world.

Just look at what has happened lately, #egypt, #christchurch, #libya and #japan.

Page 7: Companies don't need to suck at social media

2.ACCESSIBILITY

Page 8: Companies don't need to suck at social media

The means of production for social media is not owned by governments or private organizations. The tools are available to everyone for free or little cost.

Page 9: Companies don't need to suck at social media

3.USABILITY

Page 10: Companies don't need to suck at social media

Social media has few barriers as anyone with the ability to use a computer or a mobile phone can create content and be producers of social media.

Page 11: Companies don't need to suck at social media

4.IMMEDIACY

Page 12: Companies don't need to suck at social media

Social media allows for instantaneous creation and response.

Page 13: Companies don't need to suck at social media

5.PERMANENCE

Page 14: Companies don't need to suck at social media

Unlike traditional media, social media allows for instantaneous editing, sharing or commenting.

Page 15: Companies don't need to suck at social media

Ok, so now we’ve established what social media is I’m going to focus on Video and why....

Page 16: Companies don't need to suck at social media

Video is the new black

Page 17: Companies don't need to suck at social media

Humanizingand how it’s

the web

Page 18: Companies don't need to suck at social media

Video isn’t going to disrupt corporate marketing some time in the future

IT ALREADY IS!

Page 19: Companies don't need to suck at social media

VIDEO IS MORE ENGAGING

Page 20: Companies don't need to suck at social media

‣For social marketing, online video is second only to Facebook for % of people using it.

(Source: Content Caboodle)

Page 21: Companies don't need to suck at social media

‣Cisco: By 2013 Video Will Be 90 Percent Of All Consumer IP Tra"c And 64 Percent of Mobile

Page 22: Companies don't need to suck at social media

What’s  that  bright  shiny  light?

Don’t be caught unaware...

Page 23: Companies don't need to suck at social media

Archives &Documents

ProductDemon-

strations

Events &Communi-

cationTrainingInternal

Communi-cation

CompetitionsMarketingCampaign

Video can be used for almost anything

Page 24: Companies don't need to suck at social media

Now, let’s see what video can actually do for an organization.

Page 25: Companies don't need to suck at social media

17.4%NEWSLETTER CLICK-THROUGH

Higher click-throughs in newsletters with video

771.262Minutes of engagement

10x

ENGAGEMENT

VIDEO LINK RECORD

More popular to click on video link than the next-most popular link in newsletter

112EMBEDS

Number of sites that embed their videos including google.com’s own search engine result page(Source: 23 Video)

Page 26: Companies don't need to suck at social media

1.2BSALES 2010

Zappos’ CEO attributes this success to online video: “Products with accompanying video sell better”

30%Using videos to describe and demonstrate products

8,000

SALES INCREASE

CURRENT VIDEOS

They feature employees instead of actors or models

50,000GOAL FOR 2011

Zappos strive to have even more videos next year, and they will need around 10 studios.(Source: Zappos)

Page 27: Companies don't need to suck at social media

3xPRODUCT VIEWS

3 milMinutes of engagement

2x

ENGAGEMENT

REPEAT VISITS

Double repeats compared with website only visits. Also double dwell times.

23%SALES INCREASE

23% higher basket/check out value

3x product views when supported with video

(Source: TubeMogul)

Page 28: Companies don't need to suck at social media

CASES

Page 29: Companies don't need to suck at social media

Community Building

This  danish  Ecommerce  store,  uses  video  as  a  key  sales  tool  by  providing  viewers  with  unbiased  and  engaging  product  reviews.

Page 30: Companies don't need to suck at social media

Community BuildingCommunity Building

They  have  also  have  built  a  strong  community  of  engaged  users,  by  le?ng  them  submit  their  own  product  reviews,  allowing  users  

to  build  their  own  social  authority  within  the  community.

Page 31: Companies don't need to suck at social media

User Generated Content

Carlsberg  gives  their  fans  a  place  to  share  themselves.  

Page 32: Companies don't need to suck at social media

User Generated Content

Other  viewers  can  then  vote  and  share  the  videos  around  the  web.

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Demand Driven Content

Saxo  Bank  is  trying  to  become  a  thought  leader  and  resource  for  their  customers  and  potenEal  customers.

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Stakeholder Communication

Novozymes  use  video  to  ensure  their  stakeholders,  both  external  &  internal,  get  a  chance  see  who  they  are  and  how  they  do  things.

Page 35: Companies don't need to suck at social media

Audience Extension

TED  and  their  sponsors  have  realized  that  the  audience  isn’t  just  limited  to  those  people  that  aKend.  

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Audience Extension

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Creating Social Objects

To  help  determine  which  frames  suit  them,  this  danish  optometrist  allows  customers  to  share  video  with  friends.  

Page 38: Companies don't need to suck at social media

Connecting your audience

Kilroy  uses  video  produced  by  students  for  students.

Page 39: Companies don't need to suck at social media

How do you know if it’s working?... and how can you keep improving?

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Visual overview

See  all  your  video  assets  &  key  staEsEcs

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Quantify user engagement

Understand  how  your  videosite  is  performing

Page 42: Companies don't need to suck at social media

Track clips across the social web

See  where  your  video  are  ge?ng  the  most  plays

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Drill-down reporting

Understand  your  videos  performance

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Drop-o! rates

Discover  where  in  the  video  people  stop  watching

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Distribution to all your channels

Set  up  your  videosite  to  automaEcally  distribute  your  content  to  your  various  social  media  channels

Page 46: Companies don't need to suck at social media

RECAPVideo is the new black.

‣Build a community‣Allow users to create content for you‣Be a thought leader‣Engage your stakeholders‣Extend your audience‣Create social objects‣Connect with your audience‣Measure, analyze and improve

Page 47: Companies don't need to suck at social media

Try 23 Video yourself at 23video.comAnd see how we humanize the web.

Page 48: Companies don't need to suck at social media

Gus // [email protected] // @ideasoutloud

Ste!en // [email protected] // @ste!entchr