social media: myths & realities of web 2.0

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Lunch & Learn Complimentary Seminar Social Media: Myths and Realities of Web 2.0 June 24, 2009 – 11:30 AM - 1:30 PM

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This is a presentation conducted at the Systems Engineering Social Media Lunch & Learn on 6/24/09. Agenda covered the following: • Define social media and its role within the marketing mix • Web marketing and the different contexts of search and social • How people get socially connected and the social media landscape • Explore the Five Reasons for Engagement • Review examples and case studies • How do you start a social media campaign? • Once you’re out there, how do you manage your online reputation? • What’s the ROI?

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Page 1: Social Media: Myths & Realities of Web 2.0

Lunch & LearnComplimentary Seminar

Social Media: Myths and Realities of Web 2.0

June 24, 2009 – 11:30 AM - 1:30 PM

Page 2: Social Media: Myths & Realities of Web 2.0

SOCIAL MEDIAMyths and Realities of Web 2.0

Monica Wright

Page 3: Social Media: Myths & Realities of Web 2.0

About VONT+HMG

• Full-service Web Marketing, including:

Web Marketing Strategy

Web Design

Search Engine Optimization (SEO)

Paid Search Advertising (PPC)

Social Media

Link Building

Banner & Email Marketing

• Maine-based with national and international clients

• HMG Search Marketing and VONT Web Marketing merged

in 2009

Experience

• 13 years of marketing / branding experience; strong focus

on social, SEO and web analytics

• Online career began with launching B2B sites in 1999

• Online product development, community and audience

building at MaineToday.com, increased traffic from 4 million

to 10 million page views per month in 5 years

• Now SEO & Social Marketing for VONT+HMG, contributing

author & blogger to searchenginejournal.com and other

industry sites

Page 4: Social Media: Myths & Realities of Web 2.0

Today’s Agenda

• Define social media and its role within the marketing mix

• Web marketing and the different contexts of search and

social

• How people get socially connected and the social media

landscape

• Explore the Five Reasons for Engagement

• Review examples and case studies

• How do you start a social media campaign?

• Once you’re out there, how do you manage your online

reputation?

• What’s the ROI?

Social Media Is Not New…

Prodigy Launched In 1990

Live to the Public inAugust 1991

Page 5: Social Media: Myths & Realities of Web 2.0

Social Media Is Not New …

Forums in the late 90’s

Internet Relay Chat > ICQ > Purchase by AOL to become AIM

Social Media Is Not New…

Justin Hall, “The Founding Father of Personal Blogging”:Justin’s Links From The Underground, 1994

1996

2009

Page 6: Social Media: Myths & Realities of Web 2.0

Social Media Is Not New …

You’ve Got Mail, 1998

Napster Went Live June 1999

Social Media Is Not New…

MySpace 2004-07

Friendster 2002-03

Page 7: Social Media: Myths & Realities of Web 2.0

Now, it’s … well …

Social Media Chaos

Page 8: Social Media: Myths & Realities of Web 2.0

Possible Future of Social?

What Is Social Media Today?

Page 9: Social Media: Myths & Realities of Web 2.0

What Is Social Media Today?

What Is Social Media Today?

Page 10: Social Media: Myths & Realities of Web 2.0

What Is Social Media Today?

The Traditional Marketing Funnel

Source: Forester Research

Page 11: Social Media: Myths & Realities of Web 2.0

The Social Marketing Funnel

Source: Forester Research

A Quick Step Back: Web Marketing & Strategy

Social Marketing is another channel

that fits in your overall Web

Marketing Strategy

• Website: content, design, navigation, actions

desired

• Blogs

• Email Marketing

• Reputation Management

• Banner & Text Advertising

• Search Marketing

• Link Building

• Community Building

• Affiliate Marketing

• Analysis

Integration is key, but more on that later …

Page 12: Social Media: Myths & Realities of Web 2.0

Web Marketing: The Relationship BetweenSearch and Social Marketing

• SEARCH:

• Searcher has a question, conducts a search using a

specific query on a search engine.

• The results are keyword matching web pages and ads.

• SOCIAL:

• Interactions and activity between like-minded people.

• Recommendations, opinions, news, media are shared.

• It’s about sharing content.

Web Marketing: The Relationship BetweenSearch and Social Marketing

Page 13: Social Media: Myths & Realities of Web 2.0

How People Get Socially Connected

Music & Podcasting

Bookmarking

Photos and Video

Shopping/Reviews

Networking & Profiles

Blogging, Microblogging & News

:

Other Stuff

Page 14: Social Media: Myths & Realities of Web 2.0

A LOOK ATLinked In, Facebook and Twitter

LinkedIn

Professional networking:

Build a network of colleagues,

clients, vendors, etc.

•Give/receive recommendations

•Join or create groups –ask/respond to questions,

participate in discussions

•Develop a Company profile

•Post job openings

•Ask/Answer Questions

•Stay top-of-mind: your activities

get included in network updates

•Monitor Company presence in

social media, etc.

•Feature your blog posts

Page 15: Social Media: Myths & Realities of Web 2.0

Facebook

Personal & Business Pages

• Broadcast and connect only with

your “Friends” & “Fans”

•Develop a Company page

•“Fans” will see your updates on

their home pages

•Start discussions, post events,

etc.

•Feature your blog posts, tweets,

etc.

•Create groups for your interest

areas

•New added features include

video, walls where fans can post

comments, photos

Twitter

Microblogging:

140 characters to say, post,announce, ask anything

•Broadcasts information directly

online. Anyone can see it.

• Searchable

•www.search.twitter.com

•Follow people / organizations of

interest – professionally,personally

•Develop a following of people

interested in your posts

•TweetDeck or

Seesmic Desktop

•#Hashtags

Page 16: Social Media: Myths & Realities of Web 2.0

What Are The Reasons For Engagement?

Here are 5:

1. Name/Brand awareness and connection; Leadership

positioning in your industry.

Do something about the DISCUSSIONS about your brand.

What Are The Reasons For Engagement?

Here are 5:

2. Enhance relationships with current customers.

Visibly provide support and customer service.

Potentially decrease call center costs.

Fosters customer retention.

Page 17: Social Media: Myths & Realities of Web 2.0

What Are The Reasons For Engagement?

Here are 5:

3. Share and receive information quickly, easily.

Test new ideas, products, offers … and gather feedback.

Instant focus group.

“Crowdsourcing”.

What Are The Reasons For Engagement?

Here are 5:

4. Start and build relationships with prospects.

Build a circle of influence .

Establish contact with people previously out of reach.

Page 18: Social Media: Myths & Realities of Web 2.0

What Are The Reasons For Engagement?

Here are 5:

5. Drive traffic organically .

Social media sites are blending with traditional sites in

search results.

People spend more time interacting with each other and

share and distribute what they find online.

The Key To Social Media Is Content

Brands add

VALUE

When theyare sociallyconnected

Fun,

Entertainment

(Games,

Facebook Apps)

Useful Tools

(Widgets,

Desktop

Apps)

Shortcuts to

Useful

Information

(Mobile)

Transparent

Conversations

(Customer

Service)

SOCIAL CONTENT > WEB CONTENT > IMPROVING SEARCH TRAFFIC > ONLINE $ALES

Page 19: Social Media: Myths & Realities of Web 2.0

What Does It Look Like?

Companies that are experimenting with social media in different ways.

A few links:

http://www.beingpeterkim.com/2008/09/ive-been-thinki.html

http://mashable.com/2008/07/23/corporate-social-media/

BlendTec Jeep Jobs In ME Portland Press Herald

Dell JetBlue Brewer, Maine Beadin’ Path, Freeport

FujiFilm Virgin Portland Magazine Portland Downtown District

Nike Wharton School Tri-Maine.com Maine Home + Design

Zappos Xerox National Fisherman Maine Women’s Fund

Dairy Queen WWE WCSH Dragon Fire Martial Arts

Intel Chevrolet Wind Energy Maine Maine Indigent Defense

Delta Best Buy SkiMaine Center …

New York Times MTV

McDonald’s American Express

Arvada, Colorado Comcast

What Does It Look Like for LAW FIRMS?

Page 20: Social Media: Myths & Realities of Web 2.0

CASE STUDY: SalesForce

The world leader in SaaS solutions

Over 1M users worldwide

The Situation:

• January – April 2006 experienced significant outages

• Customers fight back on the blogosphere launching sites like Gripeforce.com

(Google it..)

The Resolution:

• Created http://www.trust.salesforce.com

• “Success is built on trust, and trust is built on TRANSPARENCY.”

• Salesforce Idea Exchange – increased speed of innovation.

• 2 new releases in 2006 > 4 new releases in 2007. All customer-driven.

• Created the “Service Cloud” – now integrated with Twitter, Facebook.

CASE STUDY: Coombs Family Farms

• Leading Organic Maple

Syrup Brand

• Working with retailers to

create recipes in order to

increase sales

The Situation:

• Build brand awareness with

the LOHAS (Lifestyle of

Health and Sustainability)

consumer segment. Heavy

Web users.

The Resolution:

• Increase product reviews,

blog postings, recipes

• Viral videos: How to tap amaple tree

Page 21: Social Media: Myths & Realities of Web 2.0

CASE STUDY: Coombs Family Farms

The Results:

• Increased third party distribution of video (embedded code offered byYouTube). Video had been live for a year already.

• Video views grew by 33% in one month

• Improved rankings for “how to tap a maple” – currently four Coombs

listings on Page 1 search results

• Increased Total Site Traffic 97% YTY

• Increased Referral Traffic 190% YTY

Total Site Traffic

How Do You Start?

Page 22: Social Media: Myths & Realities of Web 2.0

The Only Rules Are:

STRATEGY

INTEGRATION

COMMITMENT

Strategy

• Identify the specific audience you’re trying to reach -behaviors, preferences for content, sharing, mediatypes, etc.

• Set specific goals and objectives that can be measured.

• This not a direct sales pitch. Instead it’s directlyinfluencing what users / customers are looking for.

• Work out a strategy for reaching those goals with theintended audience.

Page 23: Social Media: Myths & Realities of Web 2.0

Integration

• Figure out which mix of tactics will support andexecute the game plan .

• Make it EASY for people to share your content. Itdoesn’t always have to go back to your website.Social media is powered by the act of giving.

The best thing you can give someone is the abilityto give to others.

• Put proper measurement tools in place and identifywhat actions and goals to analyze.

Commitment

• Content strategy? Get one. If what you do doesn’t work,find something else that does.

• Once you stop, it’s harder to go back and gain traction.

Page 24: Social Media: Myths & Realities of Web 2.0

How It Works TogetherSocial Media Is Part of Your Web Marketing Strategy

STRATEGY > INTEGRATION > COMMITMENT

Reputation Management:WHO IS TALKING ABOUT YOU?

How to manage your reputation:

• Do not be defensive: Acknowledge, understand and try to resolve

the concern or negative feedback. How you handle it can almost be

as powerful as the solution.

• Have a well-executed plan in place: Don’t wait for the negative

postings to accumulate. Be as proactive with happy customers as

you would be with negative feedback. Show your appreciation.

• Be objective: If you need to get a good grasp on the outside

perception of your business, hire help to identify where the trouble is.

Page 25: Social Media: Myths & Realities of Web 2.0

Reputation Management:WHO IS TALKING ABOUT YOU?

It doesn’t need to cost thousands of dollars in tools.

But you do need to pay attention, that alone cango a long way to building your brand and business.

Reputation Management:WHO IS TALKING ABOUT YOU?

FREE TOOLS

• BlogPulse

• Google Alerts

• Google Blog Search

• Yahoo News RSS Feed

• BackType Blog

Comments Monitoring

• Who’s Talkin

PAID TOOLS

•Trakur

• BrandsEye

• Buzzlogic

• Radian6

• Buzzstream

• Vocus / PR Web

• Hubspot

• Scoutlabs

• Raven Tools

• Monitter

• Moreover

• MonitorThis

• TweetBeep

• BackTweets

• TweetVolume

• TwitterMeter

Page 26: Social Media: Myths & Realities of Web 2.0

What’s the ROI?

The ROI is less defined as Return on Investment and more about the

RETURN ON INFLUENCE

Analyze the hard facts first, and decide what you want to measure.

• Site Traffic (ultimately conversions)

• Reviews & Ratings (what people are saying about you)

• Growing Audience (social networks)

• Overcoming Competition (visibility)

What’s the ROI?

Many companies have a value for a customer

Page 27: Social Media: Myths & Realities of Web 2.0

WHAT’S THE ROI

Where Are Your Online Customers Coming From?

What’s the ROI?

Where Are Your Online Customers Coming From?

Page 28: Social Media: Myths & Realities of Web 2.0

What’s the ROI?

Where Are Your Online Customers Coming From?

Social Media Tactics Will Evolve,But It’s Still Marketing

• Social Media is about influence … NOT control.

• Influence the influencers by giving something

that can be shared. It’s ok for your content to be

shared.

• Follow a Plan

Strategy > Integration > Commitment

• Measure results

• Don’t give up!

Page 29: Social Media: Myths & Realities of Web 2.0

Thank you

Monica Wright

VONT Performance Web Marketing

[email protected]

Twitter: @monicawright