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    A Roadmap to Social Media

    Strategy Development

    Sila Sahverdi, July 2012

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    1. Overview - Strategy Development

    2. Evaluation of Current Social Media Presence

    2.1 SWOT-Analysis

    2.2 Current Social Media Presence

    3. Target Audience

    3.1 Mass-Marketing vs. Market Segmentation

    3.2 Market Segmentation4. Objectives

    5. Content

    6. Social Media Channels

    7. Social Media Policy & Guidelines

    8. Social Media Plan

    9. Integrate Social Media Strategy10. Measure Social Media Strategy

    A Roadmap to Social Media StrategyDevelopment

    Agenda

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    1. OverviewStrategy Development

    Set strategic foundation for all social media efforts

    A Roadmap to Social Media Strategy Development

    ObjectivesTarget

    Audience

    ContentSocial Media

    Channels

    Integrate Social

    Media Strategy

    Measure Social

    Media Strategy

    Determine

    Develop Social

    Media Policy&Guidelines

    Evaluate CurrentSocial Media

    Presence

    StrategyElements Customize

    Social Media

    Plan

    Analyze,reevalua

    teandadjust

    constantly

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    2.Evaluation of Current Social Media Presence2.1 SWOT-Analysis

    A Roadmap to Social Media StrategyDevelopment

    Strengths, e.g.:

    - Presence on several social media channels

    - Reputation and familiarity

    - Company website is prepared for social media attention

    Weaknesses, e.g.:- Current social media presence is not maintained regularly

    - Lack of consistent and relevant content & interaction withaudience

    - No coordinated efforts for existing social media presence ,channels are not strategically integrated

    - No ongoing attempt to monitor competitors, relevant industriesand social media developments

    Opportunities, e.g.:

    - Reach wider audience/penetrate new geographical market

    - engage in interactive environment & create dialogue withaudience

    - Positioning as expert in field and innovation leader- To be perceived as technologically and socially up to date

    - Cost-effectiveness of social media

    Threats, e.g.:

    - Lack of control over publicly exchanged messages

    - Keeping up with continuously evolving social media landscape

    - Translate social media engagement into real business benefits

    Internal Factors

    External Factors

    Conduct SWOT-Analysis to evaluate Strengths, Weaknesses, Opportunities and Threats

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    2.Evaluation of Current Social Media Presence2.2 Current Social Media Channels

    0

    500

    1000

    1500

    LinkedinFacebook

    Twitter

    1325

    268

    97

    61

    1510

    Social Media Channels by members & activity

    Members

    Activity 1)

    A Roadmap to Social Media StrategyDevelopment

    1) Posts, updates per week

    Evaluate current Social Media Channels e.g. by measuring current members & activity:

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    3.Target Audience3.1 Mass-Marketing vs. Market Segmentation

    Definition of Target Audience

    A Roadmap to Social Media StrategyDevelopment

    Reach the largest audience possible

    with generalized content

    Deliver highly targeted content that is

    relevant to most profitable customer

    segments

    Mass-Marketing

    -Market segmentdifferences are being

    ignored

    - General social media

    strategy for whole market

    Market-Segmentation

    -division of market intogroups of individual

    submarkets with similar

    wants and needs

    2 Approaches

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    Market

    Segmentation

    Build social media

    strategy around target

    audience needs and

    wants

    Geographic

    Demographic

    Psychographic

    Behavioral

    Understand target

    audience

    International?

    Countryspecific?

    State/region?

    Industry?

    Sales?

    Size?

    etc.?

    General believes& attitudes?

    Corporate culture?

    etc.

    Social media usage ?

    Information search &

    evaluation?

    Purchase decisions ?

    etc

    Variables

    3.Target Audience3.2 Market Segmentation

    A Roadmap to Social Media StrategyDevelopment

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    PublicExposure

    Grow &

    Maintain

    Member

    Base

    Customer

    Interaction

    & Feedback

    Promote

    Services &

    Events

    Reputation

    Management

    Brand

    Building

    Community

    Building

    Define objectives aligned with target audience

    Break down objectives into short-term goals and benchmarks

    Increase

    website

    trafficImprove

    Search Engine

    Ranking

    Generate

    Leads

    4.Objectives

    A Roadmap to Social Media StrategyDevelopment

    Determine

    Objectives

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    What is relevant to Target Audience?

    What do we want to comm unicate?

    News

    Free Content

    Interaction & Feedback

    Promotion of

    Services and Events

    Promotion of Partners

    and Members Services &

    Events

    Engage with groupmembers/followers (join

    conversation, answer

    questions)

    Ask Audience for feedback(polls, surveys etc.)

    Offer free content that is

    relevant for target audience:

    excerpts of industry reports,

    e-books &

    whitepapers, webinars etc.

    Introduce new additions to service

    portfolio

    Events: link to website for

    registration, event photos, videos

    etc.Relevant market updates,

    trends & issuesLink to most recent e-

    newsletter

    5.Content

    A Roadmap to Social Media StrategyDevelopment

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    current social

    media channels

    newsocial media

    channels

    Understand how new social media channels can fit into

    social media strategy andif they add value to currentsocial media presence

    6.Social Media Channels

    A Roadmap to Social Media StrategyDevelopment

    Blogs & MicroblogsSocial/Professional

    Networks

    Mulimedia Content

    Sharing

    Social

    Readers/Bookmarks

    Wordpress Linkedin Youtube Digg

    Blogger Facebook Slideshare Reddit

    Flickr

    Twitter

    High Time and Effort Required Low

    Use social media channels actively to achieve objectives und dispense certain kinds of

    content, catered to target audience

    Enhance and fully leverage existing social media

    channels by extending reach and engagement

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    7.Social Media Policy & Guidelines

    Review and adjust company policies & regulatory processes that may needconsideration

    Create Employee Social Media Guidelines:

    - decide whether to leverage personal employee profiles

    (ask for employees willful participation in social networks while respecting theirrights or not allow employee access to social media sites)

    - clearly state forms of content that are not allowed for posting (profane language,solicitations of commerce, inappropriate and rude comments etc.)

    Train & educate employees on use of social media

    Define how to share social media policy and other updates with team, departmentor the whole company (e.g. monthly/quarterly reports/presentations)

    A Roadmap to Social Media StrategyDevelopment

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    8.Social Media Plan

    Translate social media strategyinto tactical plan of action, specify:

    Timetables

    Short-term objectives & actions

    Campaigns

    Roles and responsibilities

    Policies and procedures

    Budgets

    etc.

    A Roadmap to Social Media StrategyDevelopment

    Sample Social Media PlanSocial Media Channel: Facebook

    Time invested: 2 hour daily

    Short-term objectives&actions: - Increase engagement:

    Content: 1-2 Posts a day

    Responsiveness: reply to comments within 24

    hours

    -Increase number of Facebook group members :

    Encourage members to promote group

    Participate in other groups several times a week to

    create buzz for own groups

    Campaigns: - Questions &answers live chat(moderated) e.g.:

    How to successfully enter the US-Market

    Roles & Responsibilities: - Social media coordinator:

    Oversee & manage social media presence

    -Other employees:Provide input & support for social media content

    specific to department

    Policies & Procedures: refer to Social Media Guidelines

    Budget: 0 US$

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    9.Integrate Social Media Strategy Create Integrated Social Media Presence across all Social Media Channels:

    o publish the same content across all social media channels whenever possible (promote one event simultaneously on

    ALLSocial Media Networks)

    o Interconnection and mutual promotion of social media channels (refer to Linkedin Campaign on Twitter, post Youtube

    videos on Facebook etc.)

    maximize exposure, safe time & effort and be consistent

    IntegrateSocial Media Presence & Website:

    o bring user traffic from social media sites to website and vice versa:

    Integrate social media into website:

    - Links to social networks placed clearly visible throughout website

    - allow visitors to share website content e.g. events, news on their social networks or via email

    lead target audience from social media channels to website: convert social media audience into leads and members

    make it easy for visitors to stay connected via social media channels

    Integrate Social Media Strategy into existing Strategies/Departments, e.g.

    o Marketing:

    use social media as a PR & marketing communications outlet

    o Consulting:

    Use social media feedback (polls, surveys) from target audience to adjust/improve service

    Communicate service issues communicated through social media channels to team & ensure follow up

    Provide customer support through social media channels

    o Career Services :post job offers in social media channels

    A Roadmap to Social Media StrategyDevelopment

    Fully leverage social media capabilities

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    10.Measure Social Media Strategy

    Measure:

    Status: followers, friends, group members , number of posts etc. Engagement activitiese.g. a person commenting on a blog post, liking a

    Facebook or Linkedin update, sharing a blog post, re-tweeting messages

    Activism: number of people who are affirmatively taking the action that is

    suggested, such as sharing a link

    Search Engine Optimization (SEO) Number of conversions (e.g. prospect to lead, lead to opportunity)

    A Roadmap to Social Media StrategyDevelopment

    Measure Social Media Strategy to determine:

    Effectivity of social media strategy Strength of online presence

    The return on investment (ROI) of social media (time, effort etc.)

    Analyze and reevaluate social media strategy based on findings