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The Value of Online Relationships
            Really, another status update? How’s that valuable to me?



Grant Sabatier
Vice President Digital Strategy

AACSB Building B-School Symposium
March 6, 2012                                                      EDUVANTIS
Grant Sabatier


  Vice President Digital Strategy at Eduvantis

  Eduvantis is the market leading competitive strategy
  firm for business schools and higher education. We
  have worked with a wide variety of higher education
  institutions across the world to help them solve their
  most pressing challenges.



 grant@eduvantis.com


                                                 EDUVANTIS   2
What We Are Going To Cover




                             EDUVANTIS   3
What We Are Going To Cover


• How online relationships can make your institution
  more competitive




                                                EDUVANTIS   3
What We Are Going To Cover


• How online relationships can make your institution
  more competitive

• The unique challenges of building and managing online
  relationships at business schools




                                                EDUVANTIS   3
What We Are Going To Cover


• How online relationships can make your institution
  more competitive

• The unique challenges of building and managing online
  relationships at business schools

• The 4 elements of a successful online relationship




                                                EDUVANTIS   3
What We Are Going To Cover


• How online relationships can make your institution
  more competitive

• The unique challenges of building and managing online
  relationships at business schools

• The 4 elements of a successful online relationship
• The 5 things you can do to leverage your online
  relationships and strengthen your brand




                                                EDUVANTIS   3
The Role of Competitive Strategy
Online Relationships

 Stronger online relationships create better online
 experiences.

 As more stakeholders experience your brand online—
 better online experiences create a competitive
 advantage.




                                                EDUVANTIS   4
Eduvantis 5 Dimensions of Competition

  Online relationships need to strengthen and communicate
  the unique dimensions of your:




© Eduvantis “Five Dimension of Competition”      EDUVANTIS   5
Eduvantis 5 Dimensions of Competition

  Online relationships need to strengthen and communicate
  the unique dimensions of your:


            1.
     Product


    KEY PRODUCT
     RELEVANCE
        QUALITY
     UNIQUENESS




© Eduvantis “Five Dimension of Competition”      EDUVANTIS   5
Eduvantis 5 Dimensions of Competition

  Online relationships need to strengthen and communicate
  the unique dimensions of your:


            1.                        2.
     Product                Experience


    KEY PRODUCT                  DELIVERY
     RELEVANCE                  STRUCTURE
        QUALITY                 STUDENT
     UNIQUENESS                EXPERIENCE




© Eduvantis “Five Dimension of Competition”      EDUVANTIS   5
Eduvantis 5 Dimensions of Competition

  Online relationships need to strengthen and communicate
  the unique dimensions of your:


            1.                        2.          3.
     Product                Experience Outcomes


    KEY PRODUCT                  DELIVERY     QUALITY OF
     RELEVANCE                  STRUCTURE     RECRUITING
        QUALITY                 STUDENT       GRADUATE
     UNIQUENESS                EXPERIENCE     OUTCOMES




© Eduvantis “Five Dimension of Competition”                EDUVANTIS   5
Eduvantis 5 Dimensions of Competition

  Online relationships need to strengthen and communicate
  the unique dimensions of your:


            1.                        2.          3.           4.
     Product                Experience Outcomes             Impact


    KEY PRODUCT                  DELIVERY     QUALITY OF     ALUMNI
     RELEVANCE                  STRUCTURE     RECRUITING   ENGAGEMENT
        QUALITY                 STUDENT       GRADUATE      LIFELONG
     UNIQUENESS                EXPERIENCE     OUTCOMES      LEARNING




© Eduvantis “Five Dimension of Competition”                             EDUVANTIS   5
Eduvantis 5 Dimensions of Competition

  Online relationships need to strengthen and communicate
  the unique dimensions of your:


            1.                        2.          3.           4.            5.
     Product                Experience Outcomes             Impact      Perception


    KEY PRODUCT                  DELIVERY     QUALITY OF     ALUMNI
     RELEVANCE                                                            EXTERNAL
                                STRUCTURE     RECRUITING   ENGAGEMENT    PERCEPTION
        QUALITY                 STUDENT       GRADUATE      LIFELONG      VALIDATION
     UNIQUENESS                EXPERIENCE     OUTCOMES      LEARNING




© Eduvantis “Five Dimension of Competition”                             EDUVANTIS   5
What’s Happening Today?




                      EDUVANTIS   6
Social Media Fatigue

According to a recent Gartner survey:




                                        EDUVANTIS   7
Social Media Fatigue

According to a recent Gartner survey:

          of Aspirers (younger, more mobile, brand

 31   %   conscious consumers) indicated that they were
          bored with their social networks.




                                               EDUVANTIS   7
Social Media Fatigue

According to a recent Gartner survey:

          of Aspirers (younger, more mobile, brand

 31   %   conscious consumers) indicated that they were
          bored with their social networks.


          indicated that they were using their main social

24    %   media site “a little less” or “a lot less” than
          when they first started using it.




                                                  EDUVANTIS   7
Social Media Fatigue




                       EDUVANTIS   8
Social Media Fatigue




                       EDUVANTIS   8
Social Media Fatigue

Users are feeling “too
connected” and have
started ignoring feed
messages, updates, and
are now fine-tuning their
relationships. Social
media is becoming less
and less about the
number of connections,
friends, or “Like”s

...and more about “Value”


                            EDUVANTIS   8
The 4 Elements of a
Successful Online
Relationship


                      EDUVANTIS   9
EDUVANTIS   10
1. Value




           EDUVANTIS   10
1. Value
2. Trust




           EDUVANTIS   10
1. Value
2. Trust
3.Engagement



               EDUVANTIS   10
1. Value
2. Trust
3.Engagement
4.Enchantment


                EDUVANTIS   10
1. Value




           EDUVANTIS   11
1. Value
The Business School Challenge




                                EDUVANTIS   11
1. Value
The Business School Challenge
What unique value can you provide for your
stakeholder groups and how can they provide value
for you? All of these groups are expecting something
different from you.




                                               EDUVANTIS   11
1. Value
The Business School Challenge
What unique value can you provide for your
stakeholder groups and how can they provide value
for you? All of these groups are expecting something
different from you.

• Students     • Staff
• Alumni       • Prospective Students
• Faculty      • The Global Business Community



                                               EDUVANTIS   11
How To Provide Value




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   12
How To Provide Value



Information

Provide content that your stakeholder groups care about
and let them know the reason you are sharing it. Passing
along an article about your institution in the news is not
enough. Explain why and how it is valuable to them.
Encourage your key stakeholders to do the same.




VALUE TRUST ENGAGEMENT ENCHANTMENT               EDUVANTIS   12
How To Provide Value




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   13
How To Provide Value



Insights

Offer an opinion or insight that could only come from an
institution like yours. Be distinct in your commentary and
support the unique views of your institutional culture.
Encourage your key stakeholders to do the same.




VALUE TRUST ENGAGEMENT ENCHANTMENT                EDUVANTIS   13
How To Provide Value




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   14
How To Provide Value



Assistance

Give your stakeholders advice or assistance that could
only come from your institution. Help, support, and
strengthen your stakeholder groups and they will engage
more. Encourage your key stakeholders to do the same.




VALUE TRUST ENGAGEMENT ENCHANTMENT             EDUVANTIS   14
1. Value




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   15
1. Value




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   16
2. Trust




                                     graphic courtesy of briansolis.com




VALUE TRUST ENGAGEMENT ENCHANTMENT                    EDUVANTIS           17
2. Trust




                                     graphic courtesy of briansolis.com




VALUE TRUST ENGAGEMENT ENCHANTMENT                    EDUVANTIS           17
3. Engagement




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   18
3. Engagement
Timing is everything and a majority of your
stakeholders are always connected through
their computers, tablets, and mobile devices.




VALUE TRUST ENGAGEMENT ENCHANTMENT     EDUVANTIS   18
3. Engagement
Timing is everything and a majority of your
stakeholders are always connected through
their computers, tablets, and mobile devices.

• Respond promptly




VALUE TRUST ENGAGEMENT ENCHANTMENT     EDUVANTIS   18
3. Engagement
Timing is everything and a majority of your
stakeholders are always connected through
their computers, tablets, and mobile devices.

• Respond promptly
• Engage often




VALUE TRUST ENGAGEMENT ENCHANTMENT     EDUVANTIS   18
3. Engagement
Timing is everything and a majority of your
stakeholders are always connected through
their computers, tablets, and mobile devices.

• Respond promptly
• Engage often
• Tell your story




VALUE TRUST ENGAGEMENT ENCHANTMENT     EDUVANTIS   18
3. Engagement
Timing is everything and a majority of your
stakeholders are always connected through
their computers, tablets, and mobile devices.

• Respond promptly
• Engage often
• Tell your story
• Connect in unique and targeted ways with different
  stakeholder groups



VALUE TRUST ENGAGEMENT ENCHANTMENT              EDUVANTIS   18
3. Engagement




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   19
4. Enchantment




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   20
4. Enchantment
n.
1. the act of enchanting or the state of being enchanted
2. a great charm, fascination, attraction, or delight
3. a magic spell or to subject a magical influence




VALUE TRUST ENGAGEMENT ENCHANTMENT                 EDUVANTIS   20
Online Relationship Best Practices:
Top Business School Deans
on Social Media




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   21
Online Relationship Best Practices:
Top Business School Deans
on Social Media




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   21
Online Relationship Best Practices:
Top Business School Deans
on Social Media




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   21
Online Relationship Best Practices:
Top Business School Deans
on Social Media




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   21
Online Relationship Best Practices:
Top Business School Deans
on Social Media




VALUE TRUST ENGAGEMENT ENCHANTMENT   EDUVANTIS   21
The 5 Things You Can Do
To Leverage Your Online
Relationships And
Strengthen Your Brand

                      EDUVANTIS   22
1. Gather, Measure, and
   Analyze Your Data




                          EDUVANTIS   23
1. Gather, Measure, and
   Analyze Your Data

Use a mix of established metrics and your own metrics
based on your goals to measure “Value”

Develop an equation and use it for each stakeholder
group.

Track and measure your data week to week and month to
month across all stakeholder groups. Compare metrics
side by side.




                                               EDUVANTIS   23
1. Gather, Measure, and
   Analyze Your Data




                          EDUVANTIS   24
1. Gather, Measure, and
   Analyze Your Data
Simple “Value” Equation
Goal: increase engagement, mentions, and shares

number of post responses and questions
+ number of mentions
+ number of shares
+ new followers
- total number of your institution’s original posts (not
responses)

= “Value”


                                                    EDUVANTIS   24
2. Identify Brand Ambassadors




© Eduvanits “Five Dimension of Competition”   EDUVANTIS   25
2. Identify Brand Ambassadors

   Empower key members of each of your stakeholder
   groups to be your brand ambassadors. This will extend
   the conversation, create more brand touch points, and
   add more voices/substance.




© Eduvanits “Five Dimension of Competition”       EDUVANTIS   25
2. Identify Brand Ambassadors

   Empower key members of each of your stakeholder
   groups to be your brand ambassadors. This will extend
   the conversation, create more brand touch points, and
   add more voices/substance.

   Educate your brand ambassadors on how to address and
   communicate the unique dimensions of your institution’s:




© Eduvanits “Five Dimension of Competition”       EDUVANTIS   25
2. Identify Brand Ambassadors

   Empower key members of each of your stakeholder
   groups to be your brand ambassadors. This will extend
   the conversation, create more brand touch points, and
   add more voices/substance.

   Educate your brand ambassadors on how to address and
   communicate the unique dimensions of your institution’s:

               1.                        2.   3.       4.            5.
       Product                 Experience Outcomes   Impact    Perception




© Eduvanits “Five Dimension of Competition”                   EDUVANTIS   25
3. Create and Share Your Unique Story




                              EDUVANTIS   26
3. Create and Share Your Unique Story


Develop single clarity around your own story




                                               EDUVANTIS   26
3. Create and Share Your Unique Story


Develop single clarity around your own story
Build on your institutions distinct brand attributes




                                                       EDUVANTIS   26
3. Create and Share Your Unique Story


Develop single clarity around your own story
Build on your institutions distinct brand attributes
Create bold and distinctive brand expression—defining
and communicating the personality of the institution
and its people




                                                       EDUVANTIS   26
3. Create and Share Your Unique Story


Develop single clarity around your own story
Build on your institutions distinct brand attributes
Create bold and distinctive brand expression—defining
and communicating the personality of the institution
and its people
Share and empower your key stakeholders and brand
ambassadors with this story




                                                       EDUVANTIS   26
3. Create and Share Your Unique Story


Develop single clarity around your own story
Build on your institutions distinct brand attributes
Create bold and distinctive brand expression—defining
and communicating the personality of the institution
and its people
Share and empower your key stakeholders and brand
ambassadors with this story




                                                       EDUVANTIS   26
3. Create and Share Your Unique Story




                              EDUVANTIS   27
4. Look For Value
   Beyond Communications




                           EDUVANTIS   28
4. Look For Value
   Beyond Communications

Online Relationships have potential beyond social media
and can lead to powerful:




                                               EDUVANTIS   28
4. Look For Value
   Beyond Communications

Online Relationships have potential beyond social media
and can lead to powerful:

                 COLLABORATION




                                               EDUVANTIS   28
4. Look For Value
   Beyond Communications

Online Relationships have potential beyond social media
and can lead to powerful:

                 COLLABORATION
                    INNOVATION




                                               EDUVANTIS   28
4. Look For Value
   Beyond Communications

Online Relationships have potential beyond social media
and can lead to powerful:

                 COLLABORATION
                    INNOVATION
                 ACCOUNTABILITY




                                               EDUVANTIS   28
4. Look For Value
   Beyond Communications

Online Relationships have potential beyond social media
and can lead to powerful:

                 COLLABORATION
                    INNOVATION
                 ACCOUNTABILITY
                  RESPONSIBILITY



                                               EDUVANTIS   28
4. Look For Value
   Beyond Communications

Online Relationships have potential beyond social media
and can lead to powerful:

                 COLLABORATION
                    INNOVATION
                 ACCOUNTABILITY
                  RESPONSIBILITY

                  on a global scale...


                                               EDUVANTIS   28
4. Look For Value
   Beyond Communications




                           EDUVANTIS   29
5. Build The Social Campus




                             EDUVANTIS   30
5. Build The Social Campus


The Social Campus is an extension of your physical
campus—provide support, instruction, conversations, and
services across multiple platforms.




                                              EDUVANTIS   30
5. Build The Social Campus


Build an ecosystem around your institutions—that both
reinforces your brand value and creates multiple touch
points.




                                                EDUVANTIS   31
5. Build The Social Campus


The Social Campus should be an online expression of
your physical campus and represent your distinct brand.
Convey your culture and your unique experiences.
Tell Your Story.




                                               EDUVANTIS   32
5. Build The Social Campus




                             EDUVANTIS   33
5. Build The Social Campus




                             EDUVANTIS   34
And Remember...




                  EDUVANTIS   35
And Remember...


    Stronger online relationships
                create
     better online experiences.




                             EDUVANTIS   35
And Remember...


    Stronger online relationships
                create
     better online experiences.

 Better online experiences create
    a competitive advantage.


                             EDUVANTIS   35
Grant Sabatier
Vice President Digital Strategy

     grant@eduvantis.com

     312.332.9100 ex. 103



    www.eduvantis.com             EDUVANTIS   36

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The Value of Online Relationships - Higher Education

  • 1. The Value of Online Relationships Really, another status update? How’s that valuable to me? Grant Sabatier Vice President Digital Strategy AACSB Building B-School Symposium March 6, 2012 EDUVANTIS
  • 2. Grant Sabatier Vice President Digital Strategy at Eduvantis Eduvantis is the market leading competitive strategy firm for business schools and higher education. We have worked with a wide variety of higher education institutions across the world to help them solve their most pressing challenges. grant@eduvantis.com EDUVANTIS 2
  • 3. What We Are Going To Cover EDUVANTIS 3
  • 4. What We Are Going To Cover • How online relationships can make your institution more competitive EDUVANTIS 3
  • 5. What We Are Going To Cover • How online relationships can make your institution more competitive • The unique challenges of building and managing online relationships at business schools EDUVANTIS 3
  • 6. What We Are Going To Cover • How online relationships can make your institution more competitive • The unique challenges of building and managing online relationships at business schools • The 4 elements of a successful online relationship EDUVANTIS 3
  • 7. What We Are Going To Cover • How online relationships can make your institution more competitive • The unique challenges of building and managing online relationships at business schools • The 4 elements of a successful online relationship • The 5 things you can do to leverage your online relationships and strengthen your brand EDUVANTIS 3
  • 8. The Role of Competitive Strategy Online Relationships Stronger online relationships create better online experiences. As more stakeholders experience your brand online— better online experiences create a competitive advantage. EDUVANTIS 4
  • 9. Eduvantis 5 Dimensions of Competition Online relationships need to strengthen and communicate the unique dimensions of your: © Eduvantis “Five Dimension of Competition” EDUVANTIS 5
  • 10. Eduvantis 5 Dimensions of Competition Online relationships need to strengthen and communicate the unique dimensions of your: 1. Product KEY PRODUCT RELEVANCE QUALITY UNIQUENESS © Eduvantis “Five Dimension of Competition” EDUVANTIS 5
  • 11. Eduvantis 5 Dimensions of Competition Online relationships need to strengthen and communicate the unique dimensions of your: 1. 2. Product Experience KEY PRODUCT DELIVERY RELEVANCE STRUCTURE QUALITY STUDENT UNIQUENESS EXPERIENCE © Eduvantis “Five Dimension of Competition” EDUVANTIS 5
  • 12. Eduvantis 5 Dimensions of Competition Online relationships need to strengthen and communicate the unique dimensions of your: 1. 2. 3. Product Experience Outcomes KEY PRODUCT DELIVERY QUALITY OF RELEVANCE STRUCTURE RECRUITING QUALITY STUDENT GRADUATE UNIQUENESS EXPERIENCE OUTCOMES © Eduvantis “Five Dimension of Competition” EDUVANTIS 5
  • 13. Eduvantis 5 Dimensions of Competition Online relationships need to strengthen and communicate the unique dimensions of your: 1. 2. 3. 4. Product Experience Outcomes Impact KEY PRODUCT DELIVERY QUALITY OF ALUMNI RELEVANCE STRUCTURE RECRUITING ENGAGEMENT QUALITY STUDENT GRADUATE LIFELONG UNIQUENESS EXPERIENCE OUTCOMES LEARNING © Eduvantis “Five Dimension of Competition” EDUVANTIS 5
  • 14. Eduvantis 5 Dimensions of Competition Online relationships need to strengthen and communicate the unique dimensions of your: 1. 2. 3. 4. 5. Product Experience Outcomes Impact Perception KEY PRODUCT DELIVERY QUALITY OF ALUMNI RELEVANCE EXTERNAL STRUCTURE RECRUITING ENGAGEMENT PERCEPTION QUALITY STUDENT GRADUATE LIFELONG VALIDATION UNIQUENESS EXPERIENCE OUTCOMES LEARNING © Eduvantis “Five Dimension of Competition” EDUVANTIS 5
  • 16. Social Media Fatigue According to a recent Gartner survey: EDUVANTIS 7
  • 17. Social Media Fatigue According to a recent Gartner survey: of Aspirers (younger, more mobile, brand 31 % conscious consumers) indicated that they were bored with their social networks. EDUVANTIS 7
  • 18. Social Media Fatigue According to a recent Gartner survey: of Aspirers (younger, more mobile, brand 31 % conscious consumers) indicated that they were bored with their social networks. indicated that they were using their main social 24 % media site “a little less” or “a lot less” than when they first started using it. EDUVANTIS 7
  • 19. Social Media Fatigue EDUVANTIS 8
  • 20. Social Media Fatigue EDUVANTIS 8
  • 21. Social Media Fatigue Users are feeling “too connected” and have started ignoring feed messages, updates, and are now fine-tuning their relationships. Social media is becoming less and less about the number of connections, friends, or “Like”s ...and more about “Value” EDUVANTIS 8
  • 22. The 4 Elements of a Successful Online Relationship EDUVANTIS 9
  • 23. EDUVANTIS 10
  • 24. 1. Value EDUVANTIS 10
  • 25. 1. Value 2. Trust EDUVANTIS 10
  • 28. 1. Value EDUVANTIS 11
  • 29. 1. Value The Business School Challenge EDUVANTIS 11
  • 30. 1. Value The Business School Challenge What unique value can you provide for your stakeholder groups and how can they provide value for you? All of these groups are expecting something different from you. EDUVANTIS 11
  • 31. 1. Value The Business School Challenge What unique value can you provide for your stakeholder groups and how can they provide value for you? All of these groups are expecting something different from you. • Students • Staff • Alumni • Prospective Students • Faculty • The Global Business Community EDUVANTIS 11
  • 32. How To Provide Value VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 12
  • 33. How To Provide Value Information Provide content that your stakeholder groups care about and let them know the reason you are sharing it. Passing along an article about your institution in the news is not enough. Explain why and how it is valuable to them. Encourage your key stakeholders to do the same. VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 12
  • 34. How To Provide Value VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 13
  • 35. How To Provide Value Insights Offer an opinion or insight that could only come from an institution like yours. Be distinct in your commentary and support the unique views of your institutional culture. Encourage your key stakeholders to do the same. VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 13
  • 36. How To Provide Value VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 14
  • 37. How To Provide Value Assistance Give your stakeholders advice or assistance that could only come from your institution. Help, support, and strengthen your stakeholder groups and they will engage more. Encourage your key stakeholders to do the same. VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 14
  • 38. 1. Value VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 15
  • 39. 1. Value VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 16
  • 40. 2. Trust graphic courtesy of briansolis.com VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 17
  • 41. 2. Trust graphic courtesy of briansolis.com VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 17
  • 42. 3. Engagement VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 18
  • 43. 3. Engagement Timing is everything and a majority of your stakeholders are always connected through their computers, tablets, and mobile devices. VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 18
  • 44. 3. Engagement Timing is everything and a majority of your stakeholders are always connected through their computers, tablets, and mobile devices. • Respond promptly VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 18
  • 45. 3. Engagement Timing is everything and a majority of your stakeholders are always connected through their computers, tablets, and mobile devices. • Respond promptly • Engage often VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 18
  • 46. 3. Engagement Timing is everything and a majority of your stakeholders are always connected through their computers, tablets, and mobile devices. • Respond promptly • Engage often • Tell your story VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 18
  • 47. 3. Engagement Timing is everything and a majority of your stakeholders are always connected through their computers, tablets, and mobile devices. • Respond promptly • Engage often • Tell your story • Connect in unique and targeted ways with different stakeholder groups VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 18
  • 48. 3. Engagement VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 19
  • 49. 4. Enchantment VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 20
  • 50. 4. Enchantment n. 1. the act of enchanting or the state of being enchanted 2. a great charm, fascination, attraction, or delight 3. a magic spell or to subject a magical influence VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 20
  • 51. Online Relationship Best Practices: Top Business School Deans on Social Media VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 21
  • 52. Online Relationship Best Practices: Top Business School Deans on Social Media VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 21
  • 53. Online Relationship Best Practices: Top Business School Deans on Social Media VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 21
  • 54. Online Relationship Best Practices: Top Business School Deans on Social Media VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 21
  • 55. Online Relationship Best Practices: Top Business School Deans on Social Media VALUE TRUST ENGAGEMENT ENCHANTMENT EDUVANTIS 21
  • 56. The 5 Things You Can Do To Leverage Your Online Relationships And Strengthen Your Brand EDUVANTIS 22
  • 57. 1. Gather, Measure, and Analyze Your Data EDUVANTIS 23
  • 58. 1. Gather, Measure, and Analyze Your Data Use a mix of established metrics and your own metrics based on your goals to measure “Value” Develop an equation and use it for each stakeholder group. Track and measure your data week to week and month to month across all stakeholder groups. Compare metrics side by side. EDUVANTIS 23
  • 59. 1. Gather, Measure, and Analyze Your Data EDUVANTIS 24
  • 60. 1. Gather, Measure, and Analyze Your Data Simple “Value” Equation Goal: increase engagement, mentions, and shares number of post responses and questions + number of mentions + number of shares + new followers - total number of your institution’s original posts (not responses) = “Value” EDUVANTIS 24
  • 61. 2. Identify Brand Ambassadors © Eduvanits “Five Dimension of Competition” EDUVANTIS 25
  • 62. 2. Identify Brand Ambassadors Empower key members of each of your stakeholder groups to be your brand ambassadors. This will extend the conversation, create more brand touch points, and add more voices/substance. © Eduvanits “Five Dimension of Competition” EDUVANTIS 25
  • 63. 2. Identify Brand Ambassadors Empower key members of each of your stakeholder groups to be your brand ambassadors. This will extend the conversation, create more brand touch points, and add more voices/substance. Educate your brand ambassadors on how to address and communicate the unique dimensions of your institution’s: © Eduvanits “Five Dimension of Competition” EDUVANTIS 25
  • 64. 2. Identify Brand Ambassadors Empower key members of each of your stakeholder groups to be your brand ambassadors. This will extend the conversation, create more brand touch points, and add more voices/substance. Educate your brand ambassadors on how to address and communicate the unique dimensions of your institution’s: 1. 2. 3. 4. 5. Product Experience Outcomes Impact Perception © Eduvanits “Five Dimension of Competition” EDUVANTIS 25
  • 65. 3. Create and Share Your Unique Story EDUVANTIS 26
  • 66. 3. Create and Share Your Unique Story Develop single clarity around your own story EDUVANTIS 26
  • 67. 3. Create and Share Your Unique Story Develop single clarity around your own story Build on your institutions distinct brand attributes EDUVANTIS 26
  • 68. 3. Create and Share Your Unique Story Develop single clarity around your own story Build on your institutions distinct brand attributes Create bold and distinctive brand expression—defining and communicating the personality of the institution and its people EDUVANTIS 26
  • 69. 3. Create and Share Your Unique Story Develop single clarity around your own story Build on your institutions distinct brand attributes Create bold and distinctive brand expression—defining and communicating the personality of the institution and its people Share and empower your key stakeholders and brand ambassadors with this story EDUVANTIS 26
  • 70. 3. Create and Share Your Unique Story Develop single clarity around your own story Build on your institutions distinct brand attributes Create bold and distinctive brand expression—defining and communicating the personality of the institution and its people Share and empower your key stakeholders and brand ambassadors with this story EDUVANTIS 26
  • 71. 3. Create and Share Your Unique Story EDUVANTIS 27
  • 72. 4. Look For Value Beyond Communications EDUVANTIS 28
  • 73. 4. Look For Value Beyond Communications Online Relationships have potential beyond social media and can lead to powerful: EDUVANTIS 28
  • 74. 4. Look For Value Beyond Communications Online Relationships have potential beyond social media and can lead to powerful: COLLABORATION EDUVANTIS 28
  • 75. 4. Look For Value Beyond Communications Online Relationships have potential beyond social media and can lead to powerful: COLLABORATION INNOVATION EDUVANTIS 28
  • 76. 4. Look For Value Beyond Communications Online Relationships have potential beyond social media and can lead to powerful: COLLABORATION INNOVATION ACCOUNTABILITY EDUVANTIS 28
  • 77. 4. Look For Value Beyond Communications Online Relationships have potential beyond social media and can lead to powerful: COLLABORATION INNOVATION ACCOUNTABILITY RESPONSIBILITY EDUVANTIS 28
  • 78. 4. Look For Value Beyond Communications Online Relationships have potential beyond social media and can lead to powerful: COLLABORATION INNOVATION ACCOUNTABILITY RESPONSIBILITY on a global scale... EDUVANTIS 28
  • 79. 4. Look For Value Beyond Communications EDUVANTIS 29
  • 80. 5. Build The Social Campus EDUVANTIS 30
  • 81. 5. Build The Social Campus The Social Campus is an extension of your physical campus—provide support, instruction, conversations, and services across multiple platforms. EDUVANTIS 30
  • 82. 5. Build The Social Campus Build an ecosystem around your institutions—that both reinforces your brand value and creates multiple touch points. EDUVANTIS 31
  • 83. 5. Build The Social Campus The Social Campus should be an online expression of your physical campus and represent your distinct brand. Convey your culture and your unique experiences. Tell Your Story. EDUVANTIS 32
  • 84. 5. Build The Social Campus EDUVANTIS 33
  • 85. 5. Build The Social Campus EDUVANTIS 34
  • 86. And Remember... EDUVANTIS 35
  • 87. And Remember... Stronger online relationships create better online experiences. EDUVANTIS 35
  • 88. And Remember... Stronger online relationships create better online experiences. Better online experiences create a competitive advantage. EDUVANTIS 35
  • 89. Grant Sabatier Vice President Digital Strategy grant@eduvantis.com 312.332.9100 ex. 103 www.eduvantis.com EDUVANTIS 36

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