sidenow for brands

34
Social Engagement Application Thursday, April 26, 12

Upload: alex-picazo

Post on 24-Jun-2015

235 views

Category:

Business


0 download

DESCRIPTION

Brands need a better way of engaging their fans on facebook. sideNOW provides this solution.

TRANSCRIPT

Page 1: sideNOW for Brands

Social Engagement Application

Thursday, April 26, 12

Page 2: sideNOW for Brands

16% of the time your customers

spend online is on Facebook

Opportunity

Thursday, April 26, 12

Page 3: sideNOW for Brands

Interacting with fans and getting them engaged on Facebook pays off. Engaged fans are...

Opportunity

Thursday, April 26, 12

Page 4: sideNOW for Brands

Engaged Fans are...

28% more likely to continue

using a brand or product.

Thursday, April 26, 12

Page 5: sideNOW for Brands

41% more likely to recommend

the brand or product.

Engaged Fans are...

Thursday, April 26, 12

Page 6: sideNOW for Brands

Spend $71.84 (20-40%) more

on those brands or products.

Engaged Fans...

Thursday, April 26, 12

Page 7: sideNOW for Brands

Engaged Fans...

But there is a problem...

Thursday, April 26, 12

Page 8: sideNOW for Brands

Problem

Engagement is down 22%

Thursday, April 26, 12

Page 9: sideNOW for Brands

Engagement

Engagement=

Thursday, April 26, 12

Page 10: sideNOW for Brands

Bribed Likes

Brands are bribing “Likes” with sweepstakes and promotions.

BribeEngagement

>

Thursday, April 26, 12

Page 11: sideNOW for Brands

Too Many Brands are Saying...

“Like our fanpage or fill out this form for a chance to win an iPad”

The only brand benefiting from this promotion is Apple!

Thursday, April 26, 12

Page 12: sideNOW for Brands

Problem

Brands are focusing on driving “Likes” instead of creating engaging content.

Because of this...

Thursday, April 26, 12

Page 13: sideNOW for Brands

70-90% of people who like

a page will never return.

Due to Lack of Engaging Content...

Thursday, April 26, 12

Page 14: sideNOW for Brands

Only 3-7.5% of page updates

and posts show up in a user’s newsfeed.

Due to Lack of Engaging Content...

Thursday, April 26, 12

Page 15: sideNOW for Brands

How do you fix this?

Solution?

Thursday, April 26, 12

Page 16: sideNOW for Brands

Solution

Thursday, April 26, 12

Page 17: sideNOW for Brands

Solution

sideNOW Allows You to Embed Media Rich Content Directly on Your Brand’s Fan Page

• Grows & engages fanbase.

• Leverages Facebook social graph

and sharing.

• Captures sentiment and

demographic data.

Thursday, April 26, 12

Page 18: sideNOW for Brands

Solution

Focuses on Engagement:•Creates Engaging Content

•Promotes Social Sharing

•Captures and Measures Sentiments & Demographics

•People “Like” because they are engaged

{Thursday, April 26, 12

Page 19: sideNOW for Brands

Just posting updates to your wall is not very

engaging and has no call

to action for fans to get involved.

Thursday, April 26, 12

Page 20: sideNOW for Brands

sideNOW can embed media rich content on your

fanpage and get Fans

engaged with your brand.

Thursday, April 26, 12

Page 21: sideNOW for Brands

Fans’ votes show up in

their friends’ newsfeeds.

Thursday, April 26, 12

Page 22: sideNOW for Brands

Gauge Sentiment

Brands can promote products and get real-time

customer feedback and

preferences.

Voting is a call to action. A “Like” button is not.

Brands can analyze the demographic breakdown of

the votes on the backend.

Thursday, April 26, 12

Page 23: sideNOW for Brands

Polls

Content doesn’t have to be Head-to-Head.

sideNOW provides the most media rich multiple choice

polls out there with media attached to each answer

choice.

Thursday, April 26, 12

Page 24: sideNOW for Brands

Old Spice

Old Spice YouTube Campaign • Sales doubled in one month.

• Over 110 million views on YouTube.

sideNOW gives Old Spice a place to engage users on their fan page

instead of losing them to YouTube.

= HUGE VALUE

ENDS IN:

1W 3D:KR·V�WKH�0DQOLHVW"�0DQR�D�0DQR�LQ�HO�%DQRShare Like Follow+

2,457votes (43%)

2OG�6SLFH�*X\ )DELR

2OG�6SLFH�*X\

3,040votes (66%)

VOTE VOTE

)DELR2OG�6SLFH�*X\ See All See All

Thursday, April 26, 12

Page 25: sideNOW for Brands

Old Spice GuySided with JamieSided with Adam See All See All

ENDS IN:

0W 4DIs Driving Tired Worse than Driving Drunk?Share Like Follow+

632votes (72%)

Yes! Drunk is still worse

498votes (28%)

( 45% 55% )Stats

VOTEVOTE ( 45% 55% )Stats

Kari Byron

TV Shows

Mythbusters Upcoming Episodes• Get fans engaged and voting on

which myths will be busted.

Thursday, April 26, 12

Page 26: sideNOW for Brands

Old Spice GuySided with MillerSided with Bauserman See All See All

Who Should OSU Start at Quarterback?Share Like Follow+

ENDS IN:

1W 3D

6,780votes (68%)

Bauserman Miller

3,401votes (32%)

VOTE VOTE

Media

News Stations• Engage audience online.

• Determine sentiment.

• Report on findings.

Thursday, April 26, 12

Page 27: sideNOW for Brands

Competition

Sports• Fans want to pick a side.

• Teams & athletes want fans

more involved.

Thursday, April 26, 12

Page 28: sideNOW for Brands

Issues

Politics• Engage voters.

• Insights on different demographic

opinions.

• Obama proved social media is a

necessity.

Thursday, April 26, 12

Page 29: sideNOW for Brands

Value

So what is it worth to keep your fans engaged on Facebook?

Thursday, April 26, 12

Page 30: sideNOW for Brands

Average Value of a Engaged Fan

Spend $ 71.84

Loyalty $ 43.71

Recommendations $ 13.57

Earned Media Value $ 6.79

Cost Offset for Fan Acquisition $ 0.47

Sum $ 136.38

Spend $ 71.84

Loyalty $ 43.71

Recommendations $ 13.57

Earned Media Value $ 6.79

Cost Offset for Fan Acquisition $ 0.47

Sum $ 136.38

Spend $ 71.84

Loyalty $ 43.71

Recommendations $ 13.57

Earned Media Value $ 6.79

Cost Offset for Fan Acquisition $ 0.47

Sum $ 136.38136.38

Thursday, April 26, 12

Page 31: sideNOW for Brands

$681,900 ADDED VALUE

Fan Page with 100,000 fans:

+5% FAN ENGAGEMENT =

$136.38 x (100,000 fans x 5% increase)=

If you can increase the amount of truly engaged fans by 5%...

Thursday, April 26, 12

Page 32: sideNOW for Brands

Ideal First Customers

Most of the brands used as examples in this deck

have taken meetings with sideNOW but we are

still looking for the right first customers.

Ideal First Customers are...

Thursday, April 26, 12

Page 33: sideNOW for Brands

Ideal First Customers

Brands that want to interact with their consumers

to get feedback about their products or services

in a fun social way...

- Marketing Firms• Resource Interactive• Engauge Media

- Limited Brands- Express- White Castle- Scotts

- DSW- Schottensteins- Donatos- Safe Auto- News Stations- Talk Radio

Thursday, April 26, 12