social media and the contracting industry

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Page 1: Social Media and the Contracting Industry
Page 2: Social Media and the Contracting Industry

Social Media What’s the Fuss?

• 50 Million Users– Radio 38 years– TV: 11 Years– Microsoft Explorer 4 Years– Facebook: 9 months: 100 Million

Page 3: Social Media and the Contracting Industry

Social Media: What’s all the Fuss?

• Facebook – 800 million users

• More profiles then population of America

• More traffic then Google

– Middle aged women = 2nd fastest growing demographic

– 50% all Facebook users log in every day!

Page 4: Social Media and the Contracting Industry

Social Media: What’s All the Fuss?

Page 5: Social Media and the Contracting Industry

Social vs Traditional Media

Cost, Reach & Flexibility

Page 6: Social Media and the Contracting Industry

Social Media

Transforms Communication Into

Interaction

Page 7: Social Media and the Contracting Industry

Which Network is Right for You?

• Target Audience– Consumer or Commercial

• Business Objectives– Awareness, Loyalty or Lead Generation

• The Big Three vs New Kids:– Facebook, Twitter and LinkedIn– Google+ and Pinterest

Page 8: Social Media and the Contracting Industry

Social Media - Getting started

• Listen More, Talk Less• Share the Love• Add a Picture• Mix Personal and Business• Is Not One Size Fits All• Cocktail Party Rule

Page 9: Social Media and the Contracting Industry

What Do You DoWith Social Media?

Page 10: Social Media and the Contracting Industry

Are You Ready for Company?

• Modern Website• Current Content – Blog• Conversion Opportunities

– Surveys, Downloads, Video

• Traffic Tracking Program

Page 11: Social Media and the Contracting Industry

Facebook

Page 12: Social Media and the Contracting Industry

Promoting Your Page

• Create Avatar• Select Cover Image• Start with good content – update

daily – Pictures, pictures, pictures

• Add “like us” buttons on other media

Page 13: Social Media and the Contracting Industry

Twitter

Page 14: Social Media and the Contracting Industry

Twitter Has it’s Own Language

• @ reply , DM, # Hashtag • Conversations 140 characters at

a time• Smaller community, time

consuming– If you don’t have the time, don’t

play

Page 15: Social Media and the Contracting Industry

Why LinkedIn

Page 16: Social Media and the Contracting Industry

Why LinkedIN

Page 17: Social Media and the Contracting Industry

Google+

Page 18: Social Media and the Contracting Industry

Pinterest

Page 19: Social Media and the Contracting Industry

Social Media Takes Time

Page 20: Social Media and the Contracting Industry

Time Pays Off

Page 21: Social Media and the Contracting Industry

Who is Your Voice?

Page 22: Social Media and the Contracting Industry

Can You Automate?

• Hootsuite.com• TweetLater• TwitterFeed• TweetDeck

Page 23: Social Media and the Contracting Industry

The Purpose of Social Media

Page 24: Social Media and the Contracting Industry

The Purpose of Social Media

Is NOT to be good at Social Media

Page 25: Social Media and the Contracting Industry

The Purpose of Social Media

Is to be GOOD at BUSINESS

Page 26: Social Media and the Contracting Industry

How Do you Measure?

• Start with Goals– Awareness, Loyalty and Sales

• Different Media: Different Measures

• Measure Behavior

Page 27: Social Media and the Contracting Industry

Awareness

• Traditional Media: – Brand Awareness

• Social Media – – Fans, Friends and Followers– Mentions, Replies and Retweets– New Visitors and Inbound Links

Page 28: Social Media and the Contracting Industry

Awareness : Klout.com

• Measures Influence– Who Follows– Who Engages– Who Responds

• Can you influence action

Page 29: Social Media and the Contracting Industry

Awareness /Loyalty: socialmention.com

• Measures – Strength– Passion– Sentiment– Reach

Page 30: Social Media and the Contracting Industry

Awareness/Loyalty facebook.com

• New Insights measure:

• Reach• Engaged Users• Virality

Page 31: Social Media and the Contracting Industry

Web Traffic and Sales

0- 5% 6 - 10% 11 - 25% 26% or More0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

% of Sales % of Web Traffic

Page 32: Social Media and the Contracting Industry

Awareness & Sales Leads: Google.com

• Useful Measures – Traffic– Source– Time on Site– Page Views– Specific Pages

Page 33: Social Media and the Contracting Industry

Sales Leads

• Social Only Offers• Sales Funnel Behavior• Off-Line Advocacy• Social Media ROI

– ROI = (return – investment) / investment %

– ROI on Customer Service

Page 34: Social Media and the Contracting Industry

You Can’t Measure Everything

Pick Most Relevant Measures and Commit to Improving the

Numbers

Page 35: Social Media and the Contracting Industry

Questions? Contact Me!

[email protected]@lorraineball or

@roundpeg