Presentation: Social media: The 5 stages to acceptance
Presented by: Barr Seitz, Director of Digital Publishing and Marketing, McKinsey & Company
Like any technology, social media has gone through its own evolution from confusion to acceptance. But the unique properties of social - instant feedback, lack of control, massive "blast radius" potential - have made this journey more visceral and high profile than other trends. Barr Seitz explores what that journey looks like, drawing on examples and sharing lessons learned.
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Social media: The 5 stages to acceptance - BDI 12/10/13 Social Media Marketing for Financial Services Leadership Forum
1. WORKING DRAFT
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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
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1. Confusion
2. Fear
4. Betrayal
5. Acceptance
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3. Interest
3. Stage 1: Confusion
OK, and âŠ
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OK, but âŠ
Letâs see
No thanks
What the?
No way
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Corporate
âComfortometerâ
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4. Stage 2: Fear
OK, and âŠ
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OK, but âŠ
Letâs see
No thanks
What the?
No way
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Corporate
âComfortometerâ
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5. Itâs an uphill battle
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Reasons not to
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Reasons to
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6. Stage 3: Interest
OK, and âŠ
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OK, but âŠ
Letâs see
No thanks
What the?
No way
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@McK_MktgSales
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Corporate
âComfortometerâ
McKinsey & Company | 5
7. Time for small experiments
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8. The problem is âŠ
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9. Stage 4: Betrayal
OK, and âŠ
Letâs see
No thanks
What the?
No way
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OK, but âŠ
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Corporate
âComfortometerâ
10. Social media + content
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11. Mindset change
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I tweet
therefore I am
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I publish therefore
I tweet
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12. Content is not king
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13. Content is queen
Perfect hostess
Into relationships
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Good at sharing
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Good listener
14. EXAMPLE
Social media is part of a campaign
Speak at leading
forums
âȘ
âȘ
External conferences
McKinsey-hosted events
across sector
âȘ
âȘ
âȘ
âȘ
Web site
Slideshare
YouTube
Pinterest
âȘ
âȘ
Internal dissemination
âȘ
âȘ
âȘ
âȘ
âȘ
Email
Knowledge request
Broad outreach
Media outreach
âȘ
âȘ
Social media
Preview with clients
Client workshop
âȘ
Business press
Select M&S trade and
management journals
Key influencers
Cross tweet article
Reference on blog channels,
e.g., LinkedIn
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Client/ele, influencers
Alumni
Post to McKinsey
properties
âȘ
âȘ
âȘ
âȘ
Client outreach
Publish,
Disseminate,
Speak
Host webinars
âȘ
âȘ
HBR
Economist
Fast Company
Forbes
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Publish externally
15. Stage 5: Acceptance (begrudging)
OK, and âŠ
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OK, but âŠ
Letâs see
No thanks
What the?
No way
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@McK_MktgSales
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Corporate
âComfortometerâ
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16. Move to professionalism
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Leadership
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Metrics
@McK_MktgSales
Budget
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Risk
17. Measure what matters
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Not everything that counts can be
counted, and not everything that
can be counted counts.
Albert Einstein
18. Measure what matters
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Jerry Maguire metrics
âShow me the moneyâ
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Sally Field metrics
âYou like meâ
19. Stage 5: Acceptance (enthusiastic)
OK, and âŠ
Letâs see
No thanks
What the?
No way
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OK, but âŠ
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Corporate
âComfortometerâ
20. Titans of industry are people too
Be human
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Talk like a human
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Be relevant
21. Barr Seitz
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Barr_Seitz@mckinsey.com
@barrseitz
McKinseyonMarketingandSales.com
www.youtube.com/McKinseyCMSOforum
@McK_MktgSales
http://www.slideshare.net/McK_CMSOForum
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