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Social Media for CEOs Special Presentation for JCUEA Members March 24, 2010

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Presented to the John Carroll Entrepreneurs Association on March 24, 2010.

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Page 1: Social Media for CEOs

Social Media for CEOs Special Presentation for JCUEA Members

March 24, 2010

Page 2: Social Media for CEOs

Agenda

1) What is Social Media?

2) Why Does it Matter to Your Business?

3) What Can You Do to Get Started?

Page 3: Social Media for CEOs

What is Social Media?

Page 4: Social Media for CEOs

What is Social Media?

• Consumer-generated content. We are all the media, the publishers.

• People trusting the opinions of their peers and collaborating online to help and support each other.

• Consumers choosing when and where to interact with brands. Tuning out of traditional, outbound marketing.

Page 5: Social Media for CEOs

What is Social Media?

• Social media is about listening, learning, building relationships and bringing value to the communities relevant to your organization.

• Social media is a lifetime commitment to connecting with your audiences (e.g. customers, prospects, peers, partners) in a more authentic and personal way.

• Three phases: Monitor, Participate & Publish

Page 6: Social Media for CEOs

What is Social Media?

Page 7: Social Media for CEOs

Social Media by the Numbers

15.2 billion core searches conducted in January 2010

Source: comScore, Inc

Page 8: Social Media for CEOs

Social Media by the Numbers

U.S Internet users watched 32.4 billion videos in January 2010

Source: comScore, Inc

Page 9: Social Media for CEOs

Social Media by the Numbers

More than 133,000,000 blogs have been indexed by Technorati since 2002

Source: Technorati

Page 10: Social Media for CEOs

Social Media by the Numbers

More than 1 billion “tweets” estimated per month

Source: Royal Pingdom

Page 11: Social Media for CEOs

Social Media by the Numbers

LinkedIn has more than 60 million members in 200+ countries and territories around the world

Source: LinkedIn

Page 12: Social Media for CEOs

Social Media by the Numbers

More than 5 billion pieces of content (web links, news stories, blog posts, notes, photo albums, etc.)

shared each week on Facebook

Source: Facebook.com

Page 13: Social Media for CEOs

Social Media by the Numbers • More than 60 million status updates daily

• More than 1.5 million local businesses have active Pages

• More than 20 million people become fans of Pages each day

• Average user spends more than 55 minutes per day on Facebook

•  More than 100 million active users access Facebook through their mobile devices

Source: Facebook.com

Page 14: Social Media for CEOs

Social Media & JCUEA Members

Page 15: Social Media for CEOs

Social Media & JCUEA Members

Page 16: Social Media for CEOs

Social Media & JCUEA Members

Page 17: Social Media for CEOs

Social Media & JCUEA Members

Page 18: Social Media for CEOs

Social Media & JCUEA Members

Page 19: Social Media for CEOs

Social Media & JCUEA Members

•  24% reported “quantifiable success” from social media efforts

•  80% do not have a social media policy (9% unsure)

•  61% do not have anyone responsible for social media within the organization (12% unsure)

•  76% do not monitor online conversations/mentions

Page 20: Social Media for CEOs

Why Does it Matter to Businesses?

Page 21: Social Media for CEOs

The Facts

•  Social media should be an essential component of every organization’s integrated marketing strategy.

•  It is irrelevant if you personally use or believe in the value. It’s what matters to your current and future customers, prospects, employees and partners.

• Social media presents an opportunity for company leaders to build strong personal brands that directly impact the organization’s brand and success.

Page 22: Social Media for CEOs

Social Media & Personal Brands

• What’s important to us. • What we value. • Where we’re going. • What we’re doing. • Who we’re with. • What we buy. • What we think. • What we’re passionate about.

Page 23: Social Media for CEOs

Social Media Goals

Generate Leads & Build Loyalty

Page 24: Social Media for CEOs

What Else Can it Do?

Create connections and build relationships.

Page 25: Social Media for CEOs

What Else Can it Do?

Manage your brand online.

Page 26: Social Media for CEOs

What Else Can it Do?

Establish professionals as experts, thought leaders and innovators.

Page 27: Social Media for CEOs

What Else Can it Do?

Grow smarter and faster than your competitors.

Page 28: Social Media for CEOs

What Else Can it Do?

Strengthen employee recruitment and retention.

Page 29: Social Media for CEOs

What Else Can it Do?

Reach and engage audiences, specifically younger demographics.

Page 30: Social Media for CEOs

Who Will You Reach?

• Customers

• Prospects

• Mainstream media (print, broadcast)

• Vendors & Partners

• Peers

• Competitors

• Social media (bloggers, social networkers)

• Job Candidates & Employees

Audience Segments

Page 31: Social Media for CEOs

Who Will You Reach? Buyer Personas

• What are their goals and aspirations?

• What are their problems?

• What media do they rely on for answers?

• How can you reach them?

• What's important to them?

• What words and phrases do they use?

• What sort of images and multimedia appeal to them?

Page 32: Social Media for CEOs

So what’s the ROI?

Page 33: Social Media for CEOs

More important question: What is the cost of doing nothing?

Page 34: Social Media for CEOs

How Do You Measure Success?

It is NOT a direct ROI.

Page 35: Social Media for CEOs

How Do You Measure Success?

But it is measurable

Page 36: Social Media for CEOs

How Do You Measure Success?

• Inbound links

• Website visitors

• Pageviews

• Referring sites

• Keyword rankings

• Reach (followers, friends, fans)

• Leads

• Speaking opportunities

• Engagement

Page 37: Social Media for CEOs

What Can You Do to Get Started?

Page 38: Social Media for CEOs
Page 39: Social Media for CEOs

The GamePlan in Action

• Step 1: Clearly define and differentiate your brand.

• Step 2: Design and deploy a content-driven Website.

• Step 3: Go beyond prospects, and consider the impact of your marketing efforts on all audiences.

• Step 4: Establish measurable and meaningful campaign objectives designed to achieve the primary goals of leads and loyalty.

Page 40: Social Media for CEOs

The GamePlan in Action

• Step 5: Build an integrated campaign: brand, Website, search, social media, content and PR.

• Step 6: Establish dynamic budgets that can be easily shifted based on campaign performance and analytics.

• Step 7: Define campaign timelines with milestones, tasks and responsibilities.

• Step 8: Measure everything, and be willing to adapt and evolve.

Page 41: Social Media for CEOs

THINK Content & Community

• Step 1: Monitor

• Step 2: Participate

• Step 3: Publish

Page 42: Social Media for CEOs

Step 1: Monitor

Conduct social media searches of blogs, forums and social networks relevant to your company and expertise. Subscribe to RSS feeds & Google Alerts.

Page 43: Social Media for CEOs

Step 2: Participate

Become a part of the community. •  Secure and build profiles on key social networks

•  Integrate social media activity into customer service, marketing and HR programs

Page 44: Social Media for CEOs

Step 3: Publish

Create a content marketing strategy and start publishing great multi-media content that’s highly relevant to your audiences.

Page 45: Social Media for CEOs

THINK Content & Community

Page 46: Social Media for CEOs

Things to Consider • Personal vs. professional participation

• HR issues

• Corporate social media policy

• Strength of your Website and brand

• Measurement

• Integration with your overall marketing strategy

• Time commitment

• Internal capabilities and capacity

• Regulatory issues

Page 47: Social Media for CEOs

Social Media for CEOs Special presentation for JCUEA Members

Q & A

Paul Roetzer (216) 333-1242

[email protected] Twitter: @paulroetzer

www.PR2020.com