SlideShare ist ein Scribd-Unternehmen logo
1 von 21
Downloaden Sie, um offline zu lesen
WORKING DRAFT
Last Modified 12/12/2013 12:27 PM Eastern Standard Time
Printed 12/9/2013 5:26 PM Eastern Standard Time

The Five Stages
of Social Media
Acceptance
Social Marketing for Professional
Services Forum

Discussion document
Dec. 10, 2013
CONFIDENTIAL AND PROPRIETARY
Any use of this material without specific permission of
McKinsey & Company is strictly prohibited
Last Modified 12/12/2013 12:27 PM Eastern Standard Time

1. Confusion
2. Fear

4. Betrayal
5. Acceptance
McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 1

Printed 12/9/2013 5:26 PM Eastern Standard Time

3. Interest
Stage 1: Confusion

OK, and 


Printed 12/9/2013 5:26 PM Eastern Standard Time

OK, but 


Let’s see
No thanks
What the?
No way

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Corporate
“Comfortometer”

McKinsey & Company | 2
Stage 2: Fear

OK, and 


Printed 12/9/2013 5:26 PM Eastern Standard Time

OK, but 


Let’s see
No thanks
What the?
No way

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Corporate
“Comfortometer”

McKinsey & Company | 3
It’s an uphill battle
Last Modified 12/12/2013 12:27 PM Eastern Standard Time
Printed 12/9/2013 5:26 PM Eastern Standard Time

Reasons not to

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

Reasons to

@McK_MktgSales

McKinsey & Company | 4
Stage 3: Interest

OK, and 


Printed 12/9/2013 5:26 PM Eastern Standard Time

OK, but 


Let’s see
No thanks
What the?
No way

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Corporate
“Comfortometer”

McKinsey & Company | 5
Time for small experiments
Last Modified 12/12/2013 12:27 PM Eastern Standard Time
Printed 12/9/2013 5:26 PM Eastern Standard Time

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 6
The problem is 

Last Modified 12/12/2013 12:27 PM Eastern Standard Time
Printed 12/9/2013 5:26 PM Eastern Standard Time

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 7
Stage 4: Betrayal

OK, and 


Let’s see
No thanks
What the?
No way

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 8

Printed 12/9/2013 5:26 PM Eastern Standard Time

OK, but 


Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Corporate
“Comfortometer”
Social media + content
Last Modified 12/12/2013 12:27 PM Eastern Standard Time
Printed 12/9/2013 5:26 PM Eastern Standard Time

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 9
Mindset change
Last Modified 12/12/2013 12:27 PM Eastern Standard Time

I tweet
therefore I am

Printed 12/9/2013 5:26 PM Eastern Standard Time

I publish therefore
I tweet

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 10
Content is not king
Last Modified 12/12/2013 12:27 PM Eastern Standard Time
Printed 12/9/2013 5:26 PM Eastern Standard Time

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 11
Content is queen

Perfect hostess

Into relationships

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 12

Printed 12/9/2013 5:26 PM Eastern Standard Time

Good at sharing

Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Good listener
EXAMPLE

Social media is part of a campaign
Speak at leading
forums

â–Ș
â–Ș

External conferences
McKinsey-hosted events
across sector

â–Ș
â–Ș
â–Ș
â–Ș

Web site
Slideshare
YouTube
Pinterest

â–Ș
â–Ș

Internal dissemination

â–Ș
â–Ș
â–Ș

â–Ș
â–Ș

Email
Knowledge request
Broad outreach

Media outreach

â–Ș
â–Ș
Social media

Preview with clients
Client workshop

â–Ș

Business press
Select M&S trade and
management journals
Key influencers

Cross tweet article
Reference on blog channels,
e.g., LinkedIn

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 13

Printed 12/9/2013 5:26 PM Eastern Standard Time

Client/ele, influencers
Alumni

Post to McKinsey
properties

â–Ș
â–Ș
â–Ș
â–Ș

Client outreach

Publish,
Disseminate,
Speak

Host webinars

â–Ș
â–Ș

HBR
Economist
Fast Company
Forbes

Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Publish externally
Stage 5: Acceptance (begrudging)

OK, and 


Printed 12/9/2013 5:26 PM Eastern Standard Time

OK, but 


Let’s see
No thanks
What the?
No way

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Corporate
“Comfortometer”

McKinsey & Company | 14
Move to professionalism
Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Leadership

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

Metrics

@McK_MktgSales

Budget

McKinsey & Company | 15

Printed 12/9/2013 5:26 PM Eastern Standard Time

Risk
Measure what matters
Last Modified 12/12/2013 12:27 PM Eastern Standard Time

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 16

Printed 12/9/2013 5:26 PM Eastern Standard Time

Not everything that counts can be
counted, and not everything that
can be counted counts.
Albert Einstein
Measure what matters
Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Jerry Maguire metrics
“Show me the money”

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 17

Printed 12/9/2013 5:26 PM Eastern Standard Time

Sally Field metrics
“You like me”
Stage 5: Acceptance (enthusiastic)

OK, and 


Let’s see
No thanks
What the?
No way

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 18

Printed 12/9/2013 5:26 PM Eastern Standard Time

OK, but 


Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Corporate
“Comfortometer”
Titans of industry are people too

Be human

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 19

Printed 12/9/2013 5:26 PM Eastern Standard Time

Talk like a human

Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Be relevant
Barr Seitz
Last Modified 12/12/2013 12:27 PM Eastern Standard Time

Barr_Seitz@mckinsey.com
@barrseitz

McKinseyonMarketingandSales.com

www.youtube.com/McKinseyCMSOforum

@McK_MktgSales

http://www.slideshare.net/McK_CMSOForum

McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com |

@McK_MktgSales

McKinsey & Company | 20

Printed 12/9/2013 5:26 PM Eastern Standard Time

WWW

Weitere Àhnliche Inhalte

Andere mochten auch

The global diamond industry
The global diamond industryThe global diamond industry
The global diamond industryAI Shinozaki
 
Air france case study
Air france case studyAir france case study
Air france case studyArthur Marot
 
McKinsey: Understanding shifts in consumer behavior
McKinsey: Understanding shifts in consumer behaviorMcKinsey: Understanding shifts in consumer behavior
McKinsey: Understanding shifts in consumer behaviorMcKinsey on Marketing & Sales
 
Air France Digital Marketing Strategy
Air France Digital Marketing StrategyAir France Digital Marketing Strategy
Air France Digital Marketing StrategyGareth Jones
 
China Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey report
China Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey reportChina Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey report
China Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey reportFranck Le Deu
 
Air france international strategy analysis (2014)
Air france international strategy analysis (2014)Air france international strategy analysis (2014)
Air france international strategy analysis (2014)Steph Nass
 
McKinsey presentation
McKinsey presentationMcKinsey presentation
McKinsey presentationConstructingeq
 

Andere mochten auch (10)

Air france
Air franceAir france
Air france
 
The global diamond industry
The global diamond industryThe global diamond industry
The global diamond industry
 
Air france case study
Air france case studyAir france case study
Air france case study
 
SEO Tutorial
SEO TutorialSEO Tutorial
SEO Tutorial
 
McKinsey: Understanding shifts in consumer behavior
McKinsey: Understanding shifts in consumer behaviorMcKinsey: Understanding shifts in consumer behavior
McKinsey: Understanding shifts in consumer behavior
 
Air France Digital Marketing Strategy
Air France Digital Marketing StrategyAir France Digital Marketing Strategy
Air France Digital Marketing Strategy
 
China Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey report
China Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey reportChina Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey report
China Pharmaceuticals - Building Bridges to Innovation - 2015 McKinsey report
 
Air france international strategy analysis (2014)
Air france international strategy analysis (2014)Air france international strategy analysis (2014)
Air france international strategy analysis (2014)
 
McKinsey presentation
McKinsey presentationMcKinsey presentation
McKinsey presentation
 
Customer Journey Analytics and Big Data
Customer Journey Analytics and Big DataCustomer Journey Analytics and Big Data
Customer Journey Analytics and Big Data
 

Ähnlich wie Social media: The 5 stages to acceptance - BDI 12/10/13 Social Media Marketing for Financial Services Leadership Forum

Getting Started with Social Media and Content
Getting Started with Social Media and Content Getting Started with Social Media and Content
Getting Started with Social Media and Content Sarah Kuglin
 
Classifieds UX Power to the User
Classifieds UX Power to the UserClassifieds UX Power to the User
Classifieds UX Power to the UserJoost Wolzak
 
Strategy execution and resources
Strategy execution and resourcesStrategy execution and resources
Strategy execution and resourcesOluwatoyin Egedi
 
365 days of Dental Facebook Posts
365 days of Dental Facebook Posts365 days of Dental Facebook Posts
365 days of Dental Facebook PostsSesame Communications
 
Social media - what's in it for us?
Social media - what's in it for us?Social media - what's in it for us?
Social media - what's in it for us?CharityComms
 
Im Not There - Organizing Requirements
Im Not There - Organizing RequirementsIm Not There - Organizing Requirements
Im Not There - Organizing Requirementsgbellamy
 
How to run a facebook contest for free
How to run a facebook contest for freeHow to run a facebook contest for free
How to run a facebook contest for freeShoptoSurprise
 
How to achieve business purpose
How to achieve business purposeHow to achieve business purpose
How to achieve business purposeLawrence McGlown
 
Hey Candy branding.pdf
Hey Candy branding.pdfHey Candy branding.pdf
Hey Candy branding.pdfAdvistGlobal1
 

Ähnlich wie Social media: The 5 stages to acceptance - BDI 12/10/13 Social Media Marketing for Financial Services Leadership Forum (13)

Getting Started with Social Media and Content
Getting Started with Social Media and Content Getting Started with Social Media and Content
Getting Started with Social Media and Content
 
Brand
BrandBrand
Brand
 
Classifieds UX Power to the User
Classifieds UX Power to the UserClassifieds UX Power to the User
Classifieds UX Power to the User
 
Strategy execution and resources
Strategy execution and resourcesStrategy execution and resources
Strategy execution and resources
 
365 days of Dental Facebook Posts
365 days of Dental Facebook Posts365 days of Dental Facebook Posts
365 days of Dental Facebook Posts
 
Social media - what's in it for us?
Social media - what's in it for us?Social media - what's in it for us?
Social media - what's in it for us?
 
Balkan star website
Balkan star websiteBalkan star website
Balkan star website
 
Ch4
Ch4Ch4
Ch4
 
Im Not There - Organizing Requirements
Im Not There - Organizing RequirementsIm Not There - Organizing Requirements
Im Not There - Organizing Requirements
 
Prioritizing Profit Driving Initiatives
Prioritizing Profit Driving InitiativesPrioritizing Profit Driving Initiatives
Prioritizing Profit Driving Initiatives
 
How to run a facebook contest for free
How to run a facebook contest for freeHow to run a facebook contest for free
How to run a facebook contest for free
 
How to achieve business purpose
How to achieve business purposeHow to achieve business purpose
How to achieve business purpose
 
Hey Candy branding.pdf
Hey Candy branding.pdfHey Candy branding.pdf
Hey Candy branding.pdf
 

Mehr von Business Development Institute

The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...Business Development Institute
 
Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...Business Development Institute
 
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...Business Development Institute
 
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...Business Development Institute
 
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...Business Development Institute
 
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...Business Development Institute
 
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...Business Development Institute
 
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...Business Development Institute
 
Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...Business Development Institute
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...Business Development Institute
 
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...Business Development Institute
 
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...Business Development Institute
 
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...Business Development Institute
 
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...Business Development Institute
 
Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...Business Development Institute
 
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...Business Development Institute
 
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...Business Development Institute
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...Business Development Institute
 
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...Business Development Institute
 
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...Business Development Institute
 

Mehr von Business Development Institute (20)

The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
The Business of Blogging (for Lawyers) - BDI 12/11 Social Media Marketing Sum...
 
Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...Content is Still King: A look at best practices for creating and distributing...
Content is Still King: A look at best practices for creating and distributing...
 
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
Use Storytelling to Define Your Brand and Connect on Social Media - BDI 12/11...
 
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
Combining Eyes and Ears: The Visual Search for Social - BDI 12/4 Visual Conte...
 
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
Digital Marketing Strategies to Drive Enrollment - BDI 11/19 Social Media Mar...
 
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
People are (S)Talking: How to Get Users to Participate, Not Just Spectate - B...
 
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
The Power of Social Listening - BDI 11/19 Social Media Marketing Forum for Ed...
 
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
How Investors Will Communicate as the Internet Swallows Everything - BDI 11/0...
 
Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...Financial Communications Society - BDI 11/06 The Future of Financial Services...
Financial Communications Society - BDI 11/06 The Future of Financial Services...
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
 
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
Social Listening Trends and the Paradigm Change in Financial Services - BDI 1...
 
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
Digital Financial Wellness: The Future of Money - BDI 11/06 The Future of Fin...
 
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
Bitcoin & The Sharing Economy - BDI 11/06 The Future of Financial Services Co...
 
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
Hearts, Heads and Hands: How cupcakes, sidewalk chalk, and the story of a tee...
 
Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...Content is still King: A look at best practices for creating and distributing...
Content is still King: A look at best practices for creating and distributing...
 
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
Developing and Sustaining an Effective Mobile Strategy - BDI 10/16 Financial ...
 
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
Make Friends First, Do Business Last: Relationship Marketing Using Social Med...
 
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
The New Communications Paradigm in Financial Services: The Penn Mutual Case S...
 
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
Using Social Media Ethically - BDI 10/15 Social Media Marketing Summit for La...
 
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
The Power of Social Media: Attracting the Next Generation of Clients - BDI 9/...
 

KĂŒrzlich hochgeladen

Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
BEST ✹ Call Girls In Indirapuram Ghaziabad ✔ 9871031762 ✔ Escorts Service...
BEST ✹ Call Girls In  Indirapuram Ghaziabad  ✔ 9871031762 ✔ Escorts Service...BEST ✹ Call Girls In  Indirapuram Ghaziabad  ✔ 9871031762 ✔ Escorts Service...
BEST ✹ Call Girls In Indirapuram Ghaziabad ✔ 9871031762 ✔ Escorts Service...noida100girls
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 

KĂŒrzlich hochgeladen (20)

Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
BEST ✹ Call Girls In Indirapuram Ghaziabad ✔ 9871031762 ✔ Escorts Service...
BEST ✹ Call Girls In  Indirapuram Ghaziabad  ✔ 9871031762 ✔ Escorts Service...BEST ✹ Call Girls In  Indirapuram Ghaziabad  ✔ 9871031762 ✔ Escorts Service...
BEST ✹ Call Girls In Indirapuram Ghaziabad ✔ 9871031762 ✔ Escorts Service...
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 

Social media: The 5 stages to acceptance - BDI 12/10/13 Social Media Marketing for Financial Services Leadership Forum

  • 1. WORKING DRAFT Last Modified 12/12/2013 12:27 PM Eastern Standard Time Printed 12/9/2013 5:26 PM Eastern Standard Time The Five Stages of Social Media Acceptance Social Marketing for Professional Services Forum Discussion document Dec. 10, 2013 CONFIDENTIAL AND PROPRIETARY Any use of this material without specific permission of McKinsey & Company is strictly prohibited
  • 2. Last Modified 12/12/2013 12:27 PM Eastern Standard Time 1. Confusion 2. Fear 4. Betrayal 5. Acceptance McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 1 Printed 12/9/2013 5:26 PM Eastern Standard Time 3. Interest
  • 3. Stage 1: Confusion OK, and 
 Printed 12/9/2013 5:26 PM Eastern Standard Time OK, but 
 Let’s see No thanks What the? No way McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales Last Modified 12/12/2013 12:27 PM Eastern Standard Time Corporate “Comfortometer” McKinsey & Company | 2
  • 4. Stage 2: Fear OK, and 
 Printed 12/9/2013 5:26 PM Eastern Standard Time OK, but 
 Let’s see No thanks What the? No way McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales Last Modified 12/12/2013 12:27 PM Eastern Standard Time Corporate “Comfortometer” McKinsey & Company | 3
  • 5. It’s an uphill battle Last Modified 12/12/2013 12:27 PM Eastern Standard Time Printed 12/9/2013 5:26 PM Eastern Standard Time Reasons not to McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | Reasons to @McK_MktgSales McKinsey & Company | 4
  • 6. Stage 3: Interest OK, and 
 Printed 12/9/2013 5:26 PM Eastern Standard Time OK, but 
 Let’s see No thanks What the? No way McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales Last Modified 12/12/2013 12:27 PM Eastern Standard Time Corporate “Comfortometer” McKinsey & Company | 5
  • 7. Time for small experiments Last Modified 12/12/2013 12:27 PM Eastern Standard Time Printed 12/9/2013 5:26 PM Eastern Standard Time McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 6
  • 8. The problem is 
 Last Modified 12/12/2013 12:27 PM Eastern Standard Time Printed 12/9/2013 5:26 PM Eastern Standard Time McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 7
  • 9. Stage 4: Betrayal OK, and 
 Let’s see No thanks What the? No way McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 8 Printed 12/9/2013 5:26 PM Eastern Standard Time OK, but 
 Last Modified 12/12/2013 12:27 PM Eastern Standard Time Corporate “Comfortometer”
  • 10. Social media + content Last Modified 12/12/2013 12:27 PM Eastern Standard Time Printed 12/9/2013 5:26 PM Eastern Standard Time McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 9
  • 11. Mindset change Last Modified 12/12/2013 12:27 PM Eastern Standard Time I tweet therefore I am Printed 12/9/2013 5:26 PM Eastern Standard Time I publish therefore I tweet McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 10
  • 12. Content is not king Last Modified 12/12/2013 12:27 PM Eastern Standard Time Printed 12/9/2013 5:26 PM Eastern Standard Time McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 11
  • 13. Content is queen Perfect hostess Into relationships McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 12 Printed 12/9/2013 5:26 PM Eastern Standard Time Good at sharing Last Modified 12/12/2013 12:27 PM Eastern Standard Time Good listener
  • 14. EXAMPLE Social media is part of a campaign Speak at leading forums â–Ș â–Ș External conferences McKinsey-hosted events across sector â–Ș â–Ș â–Ș â–Ș Web site Slideshare YouTube Pinterest â–Ș â–Ș Internal dissemination â–Ș â–Ș â–Ș â–Ș â–Ș Email Knowledge request Broad outreach Media outreach â–Ș â–Ș Social media Preview with clients Client workshop â–Ș Business press Select M&S trade and management journals Key influencers Cross tweet article Reference on blog channels, e.g., LinkedIn McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 13 Printed 12/9/2013 5:26 PM Eastern Standard Time Client/ele, influencers Alumni Post to McKinsey properties â–Ș â–Ș â–Ș â–Ș Client outreach Publish, Disseminate, Speak Host webinars â–Ș â–Ș HBR Economist Fast Company Forbes Last Modified 12/12/2013 12:27 PM Eastern Standard Time Publish externally
  • 15. Stage 5: Acceptance (begrudging) OK, and 
 Printed 12/9/2013 5:26 PM Eastern Standard Time OK, but 
 Let’s see No thanks What the? No way McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales Last Modified 12/12/2013 12:27 PM Eastern Standard Time Corporate “Comfortometer” McKinsey & Company | 14
  • 16. Move to professionalism Last Modified 12/12/2013 12:27 PM Eastern Standard Time Leadership McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | Metrics @McK_MktgSales Budget McKinsey & Company | 15 Printed 12/9/2013 5:26 PM Eastern Standard Time Risk
  • 17. Measure what matters Last Modified 12/12/2013 12:27 PM Eastern Standard Time McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 16 Printed 12/9/2013 5:26 PM Eastern Standard Time Not everything that counts can be counted, and not everything that can be counted counts. Albert Einstein
  • 18. Measure what matters Last Modified 12/12/2013 12:27 PM Eastern Standard Time Jerry Maguire metrics “Show me the money” McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 17 Printed 12/9/2013 5:26 PM Eastern Standard Time Sally Field metrics “You like me”
  • 19. Stage 5: Acceptance (enthusiastic) OK, and 
 Let’s see No thanks What the? No way McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 18 Printed 12/9/2013 5:26 PM Eastern Standard Time OK, but 
 Last Modified 12/12/2013 12:27 PM Eastern Standard Time Corporate “Comfortometer”
  • 20. Titans of industry are people too Be human McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 19 Printed 12/9/2013 5:26 PM Eastern Standard Time Talk like a human Last Modified 12/12/2013 12:27 PM Eastern Standard Time Be relevant
  • 21. Barr Seitz Last Modified 12/12/2013 12:27 PM Eastern Standard Time Barr_Seitz@mckinsey.com @barrseitz McKinseyonMarketingandSales.com www.youtube.com/McKinseyCMSOforum @McK_MktgSales http://www.slideshare.net/McK_CMSOForum McKinsey on Marketing & Sales: www.McKinseyonMarketingandSales.com | @McK_MktgSales McKinsey & Company | 20 Printed 12/9/2013 5:26 PM Eastern Standard Time WWW