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A Social Media  Knowledge  Benchmark KishoreParthasarathi 209945262 MKTG 6090
Beyond Buzz : It is the Age of Conversation ,[object Object]
Creating buzz  has been the focus  till now
Marketers have failed to communicate the right kind of message
Buzz will soon die down if  it is not meaningful
New marketing is all about  being part  of conversation where the brands and customers co-exist
Companies need to reshape their entire approach to communication to have any hope of influencing today's customers.,[object Object]
People are overwhelmed with information
Explosion of new “talk” communications channels
People want to be heard and have a say# In a recent study, being satisfied with the product accounted for only 21% of participants becoming advocates for a company, while identification accounted for 62% of the participants becoming advocates ,[object Object]
No more selling, it is all about communicating,[object Object]
 Context
 Pattern Making

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Social Media Conversation Benchmark

  • 1. A Social Media Knowledge Benchmark KishoreParthasarathi 209945262 MKTG 6090
  • 2.
  • 3. Creating buzz has been the focus till now
  • 4. Marketers have failed to communicate the right kind of message
  • 5. Buzz will soon die down if it is not meaningful
  • 6. New marketing is all about being part of conversation where the brands and customers co-exist
  • 7.
  • 8. People are overwhelmed with information
  • 9. Explosion of new “talk” communications channels
  • 10.
  • 11.
  • 15.
  • 16. People are better engaged when they have a point of view
  • 17.
  • 18.
  • 19. Book is structured very well
  • 20. No new concept but very innovative and interesting takes
  • 21. Minimum jargon and keeps the book simple
  • 22. Filled with insightful examples of conversation
  • 23. Illustrates methods on how a company can successfully generate much more than buzz. Thumbs Up to the book!!
  • 24.
  • 25. How to implement conversation in a marketing plan??
  • 26. No analysis comparing the costs and expected benefits of conversation vs. more conventional marketing techniques ?
  • 27. Measurements metrics of conversational marketing is missingBeing ‘Alpha Fraidy Cat’
  • 28. Social Media is a medium through which we can do conversational marketing Social Media and Conversational Marketing
  • 29.
  • 30. +
  • 31. Media = Different types of content through various distribution channels sharedInfluences customer’s decision due to presence of different opinions & views Social Media allows users to share their ‘point of view’ digitally
  • 32.
  • 33. Purpose of Marketing – identify the needs of customer, give them the product in the form they want and communicate the message to customers effectively
  • 34.
  • 43. Human filtering sites such as digg, delicious, stumbleupon
  • 45. Wikis
  • 46. Cloud ComputingNo one form of social media is weak or strong . It all depends on the context of your message. Every form is powerful on its own
  • 47. Can Social media be quantified? Is it the end of mainstream marketing Is it possible for B2B companies to use social media? Are consumers interested in conversing about everything ….do they want to talk only about cool products Questions on Social Media
  • 48. http://www.smh.com.au/ffximage/2006/12/12/borat_thumbs_up_narrowweb__300x504,0.jpg- Borat Photo http://2.bp.blogspot.com/_qGSiMLu6NXM/Ry-ohZgXJaI/AAAAAAAAAW0/5-JPXKJtCXI/s320/Beyond%2BBuzz.jpg– Cover page of Beyond Buzz http://blogs.salon.com/0002007/images/conversation.jpg- Conversation Image http://drewmclellan.typepad.com/photos/uncategorized/2008/06/29/conversation_cover.jpg - Age of conversation Image http://www.idiomstrategies.com/CMConvergence.png - Conversational marketing image http://www.ronnestam.com/wp-content/uploads/2009/01/conversation_marketing_social_media.jpg- Social Media + conversation marketing Image http://glassowater.files.wordpress.com/2009/02/black-cat.jpg - Alpha fraidy cat http://www.6smarketing.com/learningcenter/social-media-survey-results/ http://www.newswire.ca/socialmediarealitycheck/-- Social media data Image References