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Value Proposition for
Social Media
Marketing

   Presentation by
   M P K MEDIA NETWORKS TEAM
   at Venture Lab
   www.mpkmedianetworks.com
   www.facebook.com/mpkmedianetworks
   Twitter: MPK_Media
   Pinterest: MPKMediaNetworks
Team Members
Pavan Mulpur
Manjula Yeluri
Social Media Marketing for Small
to Medium Businesses
1. Our business idea is to promote small and medium
   businesses on social networking sites like facebook,
   Google+, Pinterest and twitter, who do not have any or
   much online presence.

2. We approach the business and understand their
   business model and create an online marketing
   campaign for them that suits their business and helps
   them to attract more customers.
How do we do it?
1. Identify the right business who do not have a significant
online presence. Understand who their target customers
are.

2. Identify those businesses whose customers are heavy
users of social media sites such as the local doctors,
dentists, clinics, play schools, colleges, restaurants, car/2
wheeler dealers, service centers, and similar businesses.

3. Approach the business owner or the decision maker of
the business and explain them the benefits of advertising
on facebook, Google+, Pinterest and twitter.

4. Talk in terms of numbers and show them the stats and
figures.
How do we do it? contd...
1.   Ask them what's their monthly marketing budget.

2.   What are the channels they are presently using to
     market their business.

3.   What is the return on investment made on their existing
     advertising and marketing spend

4.   Compare these numbers with that of the numbers and
     returns from social media marketing and explain them
     the benefits of advertising on social networking sites.
What did we do till now?
1.   We interviewed about 100 business owners within a
     radius of 10 kms from our place.
2.   The response was quite mixed as many of the business
     owners have ignored the idea of SMM saying they are
     already present on justdial.com and yellowpages.com
     which they think is enough for them.
3.   Other business owners who are aware of facebook do
     not want to try it as they consider it to be an expensive
     medium to advertise mainly so because of the
     depreciating rupee vis-a-vis the US Dollar.
4.    They are happy with the traditional way of advertising
     which is distributing pamphlets through newspapers
     which is the most popular way of approaching the local
     target audience.
What did we learn?
We learnt that:

1.   Every business owner wants to know what is the return
     on investment for advertising on facebook and other
     social media websites. Which is quite obvious.

2.   Business owners do not want to try a new media to
     attract the customers
3.   Very few business owners know about Google+ and
     twitter and nobody ever heard about Pinterest
4.   Creating an awareness by educating the business
     owner is the most important thing to get clients in the
     business of Social Media Marketing in India.
How did we get their business?
To win their business we did the following:

1.   Offered free campaign for the first two weeks or till their
     advertising budget exhausted on facebook. All they had
     to pay is only for the advertising cost on facebook
2.   Bundled our offer with other freebies like a flex banner
     ad which they can display in their store to follow their
     business on facebook.
3.   Unlimited photos and video uploads on facebook for the
     first one month
4.   Assisted few business owners in their business by hiring
     the personnel for few positions using our network on
     linkedin and yourstory.in
Conclusion
1.   Unlike in the US, SMM has still not caught up in a big
     way with the SMB owners
2.   This is still a virgin market and there is a huge potential
     to be tapped in by educating the business owner
3.   However the SMM business will reach its saturation
     point very soon as everyone is going to get into this
     business. Because it doesn't require much investment in
     terms of money.
4.   In the long run only those will survive who can
     understand their client's pains and provide the right
     solution
5.   We are still in the process of convincing our clients to
     get them signed for a period contract after the
     completion of the free period
Thank You

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Social Media Marketing Value Proposition for SMBs

  • 1. Value Proposition for Social Media Marketing Presentation by M P K MEDIA NETWORKS TEAM at Venture Lab www.mpkmedianetworks.com www.facebook.com/mpkmedianetworks Twitter: MPK_Media Pinterest: MPKMediaNetworks
  • 3. Social Media Marketing for Small to Medium Businesses 1. Our business idea is to promote small and medium businesses on social networking sites like facebook, Google+, Pinterest and twitter, who do not have any or much online presence. 2. We approach the business and understand their business model and create an online marketing campaign for them that suits their business and helps them to attract more customers.
  • 4. How do we do it? 1. Identify the right business who do not have a significant online presence. Understand who their target customers are. 2. Identify those businesses whose customers are heavy users of social media sites such as the local doctors, dentists, clinics, play schools, colleges, restaurants, car/2 wheeler dealers, service centers, and similar businesses. 3. Approach the business owner or the decision maker of the business and explain them the benefits of advertising on facebook, Google+, Pinterest and twitter. 4. Talk in terms of numbers and show them the stats and figures.
  • 5. How do we do it? contd... 1. Ask them what's their monthly marketing budget. 2. What are the channels they are presently using to market their business. 3. What is the return on investment made on their existing advertising and marketing spend 4. Compare these numbers with that of the numbers and returns from social media marketing and explain them the benefits of advertising on social networking sites.
  • 6. What did we do till now? 1. We interviewed about 100 business owners within a radius of 10 kms from our place. 2. The response was quite mixed as many of the business owners have ignored the idea of SMM saying they are already present on justdial.com and yellowpages.com which they think is enough for them. 3. Other business owners who are aware of facebook do not want to try it as they consider it to be an expensive medium to advertise mainly so because of the depreciating rupee vis-a-vis the US Dollar. 4. They are happy with the traditional way of advertising which is distributing pamphlets through newspapers which is the most popular way of approaching the local target audience.
  • 7. What did we learn? We learnt that: 1. Every business owner wants to know what is the return on investment for advertising on facebook and other social media websites. Which is quite obvious. 2. Business owners do not want to try a new media to attract the customers 3. Very few business owners know about Google+ and twitter and nobody ever heard about Pinterest 4. Creating an awareness by educating the business owner is the most important thing to get clients in the business of Social Media Marketing in India.
  • 8. How did we get their business? To win their business we did the following: 1. Offered free campaign for the first two weeks or till their advertising budget exhausted on facebook. All they had to pay is only for the advertising cost on facebook 2. Bundled our offer with other freebies like a flex banner ad which they can display in their store to follow their business on facebook. 3. Unlimited photos and video uploads on facebook for the first one month 4. Assisted few business owners in their business by hiring the personnel for few positions using our network on linkedin and yourstory.in
  • 9. Conclusion 1. Unlike in the US, SMM has still not caught up in a big way with the SMB owners 2. This is still a virgin market and there is a huge potential to be tapped in by educating the business owner 3. However the SMM business will reach its saturation point very soon as everyone is going to get into this business. Because it doesn't require much investment in terms of money. 4. In the long run only those will survive who can understand their client's pains and provide the right solution 5. We are still in the process of convincing our clients to get them signed for a period contract after the completion of the free period