doing business in the age of social media

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www.melkettle.com.au @melkettle Doing business in the age of social media Wednesday, 31 July 13

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Doing business in the age of social media - presentation for Kedron Brook Business Group, 31 July 2013

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Page 1: Doing business in the age of social media

www.melkettle.com.au @melkettle

Doing  businessin  the  age  of  social  media

Wednesday, 31 July 13

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www.melkettle.com.au @melkettle Wednesday, 31 July 13

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Liking, following, linking, tagging, stumbling: social media is changing the nature of interactions

Report: The heart of the matter

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“Connection promotes [business], and twitter provides the model that simple digital tools can vastly increase connection.”

Aaron StuppleResident, Beth Israel Deaconess

Medical Centre

www.melkettle.com.au @melkettle

Source: Mdigital Life

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Socialnomics 2013

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1. Sign up!

www.twitter.com

www.facebook.com

start a blog

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To tell your story

• Humanize your organisation

• Be authentic

• Build relationships

• Have a voice

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BUT also…

• Listen

• Participate

• Engage

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“The biggest advantage to tweeting for me has been learning what people I admire are reading, using, watching, listening to, both within social media and outside it.”

John LaPuma, Internal Medicine

www.melkettle.com.au @melkettle

Source: Mdigital Life

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Don’t forget your goals• What are your business objectives?

• Who do you want to talk to? Stakeholders, community, clients

• Who is your audience? What is their level of literacy for your business?

• What outcomes do you want to achieve?

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2. Talk to people• BE YOURSELF!!!

• Twitter - RT, @, DM, # eg #theblock

• Facebook/LinkedIn - Post comments, feedback, questions

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3. Build relationships

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Old communication was one-way

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Now communication is two-way

And conversations are with many

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It’s no longer B2B. It’s no longer B2C.

It’s now P2P. Person 2 Person.

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75% of companies in a recent survey by Harvard Business Review said they do not know what their most valuable customers are saying about them.

Source: Harvard Business Review

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• Others in your industry

• Your customers and stakeholders

• Journalists

• People who might refer clients to you

• People who interest you! Competitors, peers, food, wine, sport, business people, celebrities...

Who do I follow?

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What do I say?

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• Information and general advice

• What do your customers want to know?

• Motivation

• Encouragement

• Show respect

• BE AWARE OF CONFIDENTIALITY

From a business perspective

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Listen

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Be relevant and interesting

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Share

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• 5. Congratulate people

Congratulatepeople

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Ask and answerquestions

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• 2. Let others know you are listening

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Tools to make it easier• 3rd party applications - Tweetbot,

Hootsuite

• Mobile apps - Twitter, facebook

• Shorten links - bit.ly, tiny.url

• Add photos - twitpic, plixi.com

• Lists

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4. Remember all social media is

different...

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Integrate it all

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Build your social media use into ALL

your marketing

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Social media does not stand alone

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“We know that people are out in social media channels seeking

information and researching. We need to use social media to

influence their buying behavior.”

Source: Harvard Business Review

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Integrate it into ALL your marketing

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Promote yourself

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Measure what you do• Quality vs quantity

• ROI vs ROE

• Number and quality of conversations and comments

• New customers, better service, stronger relationships

• Increased word of mouth

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Finally... • Take it seriously• Choose the right platforms• Do what you are comfy doing• Be interesting • Don’t just talk about YOU• Move quickly• Be interactive• Invest time and money• Integrate social media with all your marketing

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@melkettle

www.melkettle.com.au

Wednesday, 31 July 13