SlideShare ist ein Scribd-Unternehmen logo
1 von 29
Chapter 1:Why
Social Media
Adilene Rodriguez
Caroline Antonio
Gabrielle Hrabinski
Steven Ortolano
Xinyi Chen
Learning Objectives:
•Explain why social media is important
•Define social media marketing
•Explain the 7 myths of social media marketing
•Describe a brief history of social media marketing
•Explain how social media marketing is different
•Identify the characteristics of a successful social media marketer
•Describe the careers in social media marketing
Finding a Way Through Social Media
•The increase in social media site popularity has all
businesses trying to market themselves.
•Students of social media marketing can look at the
successes and failures of different media strategies.
•Decisive strategies along with knowledge can make it
possible to aim across the social media spectrum.
What is Social Media Marketing?
•It is social networking used by businesses to promote themselves and
get customers.
•It is not controlled by the business.
–Based on online conversation
The Seven Myths of Social Media Marketing
What are the Seven Myths?
Social Media is Just a Fad
Social Media is Just for the Young
There is No Return in Social Media Marketing
Social Media Marketing isn’t Right for This
Business
Social Media Marketing is New
Social Media Marketing is Too Time-Consuming
Social Media is Free
http://cdn1.medicalnewstoday.com/content/images/articles/288/
288146/social-media-image.jpg
Social Media Myth #1: Social Media is just a Fad
•Based on a stable premise that people are social and want to connect with other
people in their community
•It is word-of-mouth marketing
•Related to technological evolution that continues to provide new and attractive
means for people to interact
- In the past there was only one-on-meetings, letters, and telephones
•Rooted in core trends and behaviors in social media interaction that remain stable
over time
Social Media Usage Outpaces Tradional Media
Figure 1.1
“16 Stats That Prove Social Media Isn’t Just a Fad”
http://blog.hubspot.com/marketing/social-media-roi-stats
Social Media Myth #2:
Social Media Is Just For The Young
Older users are among the fastest growing demographics on most
social media sites
Social networks are increasingly being adopted by older
populations
November 2008, only 16% of the 50-64-year-old group and 4% of the
65+group were using Facebook
More than half of all online adults 65 and older (56%) use social media,
Facebook in particular.
Sears.com
According to Quantcast, 62% of visitors to Sear.com are over 50.
Advertise on a number of “senior friendly” sites, including Senior.com
Bayer Pharmaceutical
According to a Scarborough Research report, 68% of men’s golf fans
are over 45.
Choose the PGATour.com site to advertise the erectile dysfunction drug
Levitra.
Social Media Myth #3: There Is No Return In
Social Media Marketing
Hard to measure.
But the monetary return on a social media marketing campaign can still
be measures.
Dell generated $6.5 million dollars from its Twitter account.
Marriott got over $500 million in booking directly from its blog.
Lenovo saved costs with a 20% reduction in customer service calls by
using social media.
Measured in a variety of different ways:
Social Media Myth #4: Social Media Marketing
Isn’t Right For This Business
Business to Customer (B2C) and Business to Business (B2B)
Has a powerful ability to drive word-of-mouth or recommendations from
friends
Speeds up and shortens the buying process
● Influences search as a resource because search results frequently include
social media sites
○ Try to Google search “General Electric”
○ Twitter was the third result.
Big Break for Small Business
Successful social media campaign for B2B:
American Express OPEN
Provide business credit cards for companies
Help small business owners grow their businesses by providing both insights and resources
online.
2011, Big Break
Video: https://www.youtube.com/watch?v=fMQwo_u43Jk
Social Media Myth #5: Social Media Marketing is new
Most marketing principles are based on social concepts that have been around
for years. The only thing changing is technology and media’s role in
marketing efforts.
Now there are online conversations between companies and their consumers.
Some companies don’t want to get on social media in fear of what is being said
about them or interaction but people still tend to share their opinions about
things online whether companies acknowledge the feedback or not.
Social Media Myth #6: Social Media is too time
consuming
Bigger business get thousands of mentions on social media a day ,which
requires more attention to social media marketing. For big business,that just
means hiring people to manage their social media.
It’s mostly medium to smaller size business who worry about time consumption.
But now there are simpler ways to manage social media such as websites like
Hootsuite and Tweetdeck that help streamline social media.
Mobile devices make it easier to interact and publish content on social media.
Social media management can be assigned to other employees.
Social Media Myth #7: Social Media is free
Although most social media platforms do not have a fee for usage, there are
things that are costly for SMM.
Pay to produce and create content
Companies pay consultants or agencies to execute their social media marketing
the most efficient way.
History of Social Media
- the roots of social media stretch farther than you can imagine
- 1972 telegraph was invented used to send messages through code
- 1890 telephone, 1891 radio were invented
- before 1900’s the earliest method of communicating across distances was
written hand to hand in the form of letters
- 1940 super computers became a thing and by 1980’s computers were seen in
households making a more sophisticated social media
History continued
- Six Degrees, first recognizable social media site in 1997
- The first blogging sites became popular in 1999
- Early 2000’s myspace & linkedIn
- photobucket & flikr bringing online photo sharing
- 2005 YouTube was created bringing a new way to post & share information
amongst others
- 2006 facebook was invented and opened many doorways to new social
media in which we all use today
Why Social Media Marketing is Different
Traditional Approach
•Controls content seen by audience
•One-way communication
•Domineering approach
•Exclusivity agreements
Social Media Approach
•Emphasizes audience contribution
•Two-way communication
•Discussion approach
•Trust building
Characteristics of successful social media marketing:
Technical Skills
Basic computer skills
Proficiency with search engines and navigating
web
Knowledge of coding and graphic design are a
huge plus.
Characteristics of successful social media marketing:
Personal Attributes
Personable
Good listening skills
Diverse vocabulary and strong reading and comprehension
skills
Creativity
Professionalism in response to negative comments
Careers in Social Media Marketing
Company spending and demand for social media marketing is expanding
drastically.
Most jobs are freelance.
Jobs include being a professional blogger, “power-users,”but most of the money
and position with the most priority are social media consultants.
Building an individual online presences is something companies look for when
hiring people for their social media needs.
Case Study
Starbucks ‘Tweet-a-Coffee’ Campaign- Oct 28, 2013
Starbucks allowed customers to buy a coffee for anyone on Twitter by tweeting
@tweetacoffee and the person’s Twitter handle.
Linked their Starbucks account to Twitter and their credit card to the account.
A $5 gift card would be given.
Result:
Over 27,000 people have tweeted a coffee.
Some 34% of users bought multiple gift cards and 32% of the purchases
occurred on the first day.
Discussion
1. What other social media outlet do you think Starbucks would have better
success with in their coffee campaign?
2. Why did Starbucks require customers link their Starbucks accounts to Twitter
instead of simply tweeting @tweetacoffee?
3. How important is a company’s social media presences to you? Would a
campaign like this make Starbucks more favorable to other coffee
companies?

Weitere ähnliche Inhalte

Was ist angesagt?

Social Media Marketing Paper (2)
Social Media Marketing Paper (2)Social Media Marketing Paper (2)
Social Media Marketing Paper (2)
guest55b505d
 
Using Social Networks
Using Social NetworksUsing Social Networks
Using Social Networks
megha nayar
 

Was ist angesagt? (18)

Social Media Marketing in China
Social Media Marketing in ChinaSocial Media Marketing in China
Social Media Marketing in China
 
Ad Club Presentation
Ad Club PresentationAd Club Presentation
Ad Club Presentation
 
Overview of social media marketing
Overview of social media marketingOverview of social media marketing
Overview of social media marketing
 
Social Media for 2011 - Feb
Social Media for 2011 - FebSocial Media for 2011 - Feb
Social Media for 2011 - Feb
 
Social Media Marketing Paper (2)
Social Media Marketing Paper (2)Social Media Marketing Paper (2)
Social Media Marketing Paper (2)
 
Getting Results from Social Media
Getting Results from Social MediaGetting Results from Social Media
Getting Results from Social Media
 
The Life and Times of Social Media in Education
The Life and Times of Social Media in EducationThe Life and Times of Social Media in Education
The Life and Times of Social Media in Education
 
Nlc 0410
Nlc 0410Nlc 0410
Nlc 0410
 
social media
social mediasocial media
social media
 
What can social media do for your business?
What can social media do for your business?What can social media do for your business?
What can social media do for your business?
 
Social media
Social mediaSocial media
Social media
 
Using Social Networks
Using Social NetworksUsing Social Networks
Using Social Networks
 
Aim Breakfast Presentation on Social Media
Aim Breakfast Presentation on Social MediaAim Breakfast Presentation on Social Media
Aim Breakfast Presentation on Social Media
 
Social Media And Networking
Social Media And NetworkingSocial Media And Networking
Social Media And Networking
 
Social media for Business
Social media for BusinessSocial media for Business
Social media for Business
 
Future of Social Media Marketing
Future of Social Media MarketingFuture of Social Media Marketing
Future of Social Media Marketing
 
Open Brands: How Social Media is Pushing Radical Transparency on Brand Manage...
Open Brands: How Social Media is Pushing Radical Transparency on Brand Manage...Open Brands: How Social Media is Pushing Radical Transparency on Brand Manage...
Open Brands: How Social Media is Pushing Radical Transparency on Brand Manage...
 
Social Media for NewDominion Bank
Social Media for NewDominion BankSocial Media for NewDominion Bank
Social Media for NewDominion Bank
 

Andere mochten auch

PHYE Intern Stories
PHYE Intern StoriesPHYE Intern Stories
PHYE Intern Stories
Connor McHugh
 
Agile_in_TomTom
Agile_in_TomTomAgile_in_TomTom
Agile_in_TomTom
Jason Lo
 
SHAH NAHID NISAR NEW - Copy
SHAH NAHID NISAR  NEW - CopySHAH NAHID NISAR  NEW - Copy
SHAH NAHID NISAR NEW - Copy
Nahid Shah
 

Andere mochten auch (18)

Salario
SalarioSalario
Salario
 
Actividades
ActividadesActividades
Actividades
 
Trabajos
TrabajosTrabajos
Trabajos
 
Chapter 15 social media marketing plan
Chapter 15 social media marketing planChapter 15 social media marketing plan
Chapter 15 social media marketing plan
 
trabajos
trabajostrabajos
trabajos
 
Manual para trabalhos em laboratorio
Manual para trabalhos em laboratorioManual para trabalhos em laboratorio
Manual para trabalhos em laboratorio
 
PHYE Intern Stories
PHYE Intern StoriesPHYE Intern Stories
PHYE Intern Stories
 
Agile_in_TomTom
Agile_in_TomTomAgile_in_TomTom
Agile_in_TomTom
 
Historia del internet
Historia del internetHistoria del internet
Historia del internet
 
Apuntes
ApuntesApuntes
Apuntes
 
SHAH NAHID NISAR NEW - Copy
SHAH NAHID NISAR  NEW - CopySHAH NAHID NISAR  NEW - Copy
SHAH NAHID NISAR NEW - Copy
 
Salario pdf
Salario pdfSalario pdf
Salario pdf
 
ÔľŐ˝
ÔľŐ˝ÔľŐ˝
ÔľŐ˝
 
Roteiro para aula pratica.
Roteiro para aula pratica.Roteiro para aula pratica.
Roteiro para aula pratica.
 
Medias sociaux et relations publiques
Medias sociaux et relations publiquesMedias sociaux et relations publiques
Medias sociaux et relations publiques
 
Babbler rĂŠinvente les relations presse #startup #digital #medias #rp
Babbler rĂŠinvente les relations presse #startup #digital #medias #rpBabbler rĂŠinvente les relations presse #startup #digital #medias #rp
Babbler rĂŠinvente les relations presse #startup #digital #medias #rp
 
Seocamp2016 : javascript et indexation, oĂš en est-on ?
Seocamp2016 : javascript et indexation, oĂš en est-on ?Seocamp2016 : javascript et indexation, oĂš en est-on ?
Seocamp2016 : javascript et indexation, oĂš en est-on ?
 
Travail de Fin d'Etudes 2014 : L'intĂŠgration de la visioconfĂŠrence pour rendr...
Travail de Fin d'Etudes 2014 : L'intĂŠgration de la visioconfĂŠrence pour rendr...Travail de Fin d'Etudes 2014 : L'intĂŠgration de la visioconfĂŠrence pour rendr...
Travail de Fin d'Etudes 2014 : L'intĂŠgration de la visioconfĂŠrence pour rendr...
 

Ähnlich wie Chapter 1 presentation

Social Media and Higher Education
Social Media and Higher EducationSocial Media and Higher Education
Social Media and Higher Education
Stone Ward
 
Evolving uses of social media
Evolving uses of social mediaEvolving uses of social media
Evolving uses of social media
AppLeap Inc.
 
Social media marketing power point by trasha.hatchett
Social media marketing power point by trasha.hatchettSocial media marketing power point by trasha.hatchett
Social media marketing power point by trasha.hatchett
TrashaHatchett
 
SCORE_BusinessNetworkingWorkshop_2
SCORE_BusinessNetworkingWorkshop_2SCORE_BusinessNetworkingWorkshop_2
SCORE_BusinessNetworkingWorkshop_2
Joseph Simmons
 
Social media ppt
Social media pptSocial media ppt
Social media ppt
Ryan Parker
 
social and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docx
social and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docxsocial and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docx
social and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docx
whitneyleman54422
 

Ähnlich wie Chapter 1 presentation (20)

Social media marketing fundamentals
Social media marketing fundamentals Social media marketing fundamentals
Social media marketing fundamentals
 
Impact of social media on marketing caleb.pptx
Impact of social media on marketing caleb.pptxImpact of social media on marketing caleb.pptx
Impact of social media on marketing caleb.pptx
 
Social Media and Higher Education
Social Media and Higher EducationSocial Media and Higher Education
Social Media and Higher Education
 
Social media marketing ii
Social media marketing iiSocial media marketing ii
Social media marketing ii
 
Evolving uses of social media
Evolving uses of social mediaEvolving uses of social media
Evolving uses of social media
 
Social media whitepaper from d13 march 2001
Social media whitepaper from d13 march 2001Social media whitepaper from d13 march 2001
Social media whitepaper from d13 march 2001
 
Social media marketing power point by trasha.hatchett
Social media marketing power point by trasha.hatchettSocial media marketing power point by trasha.hatchett
Social media marketing power point by trasha.hatchett
 
Socia Media for Small Businesses
Socia Media for Small BusinessesSocia Media for Small Businesses
Socia Media for Small Businesses
 
Hall l u2ip_powell_7apr13
Hall l u2ip_powell_7apr13Hall l u2ip_powell_7apr13
Hall l u2ip_powell_7apr13
 
13
1313
13
 
Wikibrands Zipcast
Wikibrands ZipcastWikibrands Zipcast
Wikibrands Zipcast
 
SCORE_BusinessNetworkingWorkshop_2
SCORE_BusinessNetworkingWorkshop_2SCORE_BusinessNetworkingWorkshop_2
SCORE_BusinessNetworkingWorkshop_2
 
Social Media in Marketing
Social Media in MarketingSocial Media in Marketing
Social Media in Marketing
 
Michigan is Going Digital - Social Media Strategy Presentation for Walsh College
Michigan is Going Digital - Social Media Strategy Presentation for Walsh CollegeMichigan is Going Digital - Social Media Strategy Presentation for Walsh College
Michigan is Going Digital - Social Media Strategy Presentation for Walsh College
 
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2BsHow To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
How To Sell Through Social Media – And Why B2Cs Have A Lot To Learn From B2Bs
 
Social media
Social mediaSocial media
Social media
 
Social Media & SM Marketing
Social Media & SM MarketingSocial Media & SM Marketing
Social Media & SM Marketing
 
Social Media as Marketing Tools: Valuable for SMEs?
Social Media as Marketing Tools: Valuable for SMEs?Social Media as Marketing Tools: Valuable for SMEs?
Social Media as Marketing Tools: Valuable for SMEs?
 
Social media ppt
Social media pptSocial media ppt
Social media ppt
 
social and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docx
social and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docxsocial and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docx
social and mobile marketingthreeCopyright Š 2015 McGraw-Hill.docx
 

KĂźrzlich hochgeladen

Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
Cara Menggugurkan Kandungan 087776558899
 
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
Health
 
Capstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdfCapstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdf
eliklein8
 
Capstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdfCapstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdf
eliklein8
 

KĂźrzlich hochgeladen (20)

Capstone slide deck on the TikTok revolution
Capstone slide deck on the TikTok revolutionCapstone slide deck on the TikTok revolution
Capstone slide deck on the TikTok revolution
 
Film show production powerpoint for site
Film show production powerpoint for siteFilm show production powerpoint for site
Film show production powerpoint for site
 
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
Call Girls in Chattarpur (delhi) call me [9953056974] escort service 24X7
 
Film show investigation powerpoint for the site
Film show investigation powerpoint for the siteFilm show investigation powerpoint for the site
Film show investigation powerpoint for the site
 
SEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdf
SEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdfSEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdf
SEO Expert in USA - 5 Ways to Improve Your Local Ranking - Macaw Digital.pdf
 
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIRBVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
BVG BEACH CLEANING PROJECTS- ORISSA , ANDAMAN, PORT BLAIR
 
Vellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Vellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceVellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Vellore Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
 
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
💊💊 OBAT PENGGUGUR KANDUNGAN SEMARANG 087776-558899 ABORSI KLINIK SEMARANG
 
Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 8617697112 Top Class Pondicherry Escort Servi...
 
Hire↠Young Call Girls in Hari Nagar (Delhi) ☎️ 9205541914 ☎️ Independent Esco...
Hire↠Young Call Girls in Hari Nagar (Delhi) ☎️ 9205541914 ☎️ Independent Esco...Hire↠Young Call Girls in Hari Nagar (Delhi) ☎️ 9205541914 ☎️ Independent Esco...
Hire↠Young Call Girls in Hari Nagar (Delhi) ☎️ 9205541914 ☎️ Independent Esco...
 
College & House wife Call Girls in Paharganj 9634446618 -Best Escort call gi...
College & House wife  Call Girls in Paharganj 9634446618 -Best Escort call gi...College & House wife  Call Girls in Paharganj 9634446618 -Best Escort call gi...
College & House wife Call Girls in Paharganj 9634446618 -Best Escort call gi...
 
Production diary Film the city powerpoint
Production diary Film the city powerpointProduction diary Film the city powerpoint
Production diary Film the city powerpoint
 
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
+971565801893>> ORIGINAL CYTOTEC ABORTION PILLS FOR SALE IN DUBAI AND ABUDHABI<<
 
Film show pre-production powerpoint for site
Film show pre-production powerpoint for siteFilm show pre-production powerpoint for site
Film show pre-production powerpoint for site
 
Capstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdfCapstone slidedeck for my capstone final edition.pdf
Capstone slidedeck for my capstone final edition.pdf
 
International Airport Call Girls 🥰 8617370543 Service Offer VIP Hot Model
International Airport Call Girls 🥰 8617370543 Service Offer VIP Hot ModelInternational Airport Call Girls 🥰 8617370543 Service Offer VIP Hot Model
International Airport Call Girls 🥰 8617370543 Service Offer VIP Hot Model
 
Enhancing Consumer Trust Through Strategic Content Marketing
Enhancing Consumer Trust Through Strategic Content MarketingEnhancing Consumer Trust Through Strategic Content Marketing
Enhancing Consumer Trust Through Strategic Content Marketing
 
The Butterfly Effect
The Butterfly EffectThe Butterfly Effect
The Butterfly Effect
 
Capstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdfCapstone slidedeck for my capstone project part 2.pdf
Capstone slidedeck for my capstone project part 2.pdf
 
Karol Bagh, Delhi Call girls :8448380779 Model Escorts | 100% verified
Karol Bagh, Delhi Call girls :8448380779 Model Escorts | 100% verifiedKarol Bagh, Delhi Call girls :8448380779 Model Escorts | 100% verified
Karol Bagh, Delhi Call girls :8448380779 Model Escorts | 100% verified
 

Chapter 1 presentation

  • 1. Chapter 1:Why Social Media Adilene Rodriguez Caroline Antonio Gabrielle Hrabinski Steven Ortolano Xinyi Chen
  • 2. Learning Objectives: •Explain why social media is important •Define social media marketing •Explain the 7 myths of social media marketing •Describe a brief history of social media marketing •Explain how social media marketing is different •Identify the characteristics of a successful social media marketer •Describe the careers in social media marketing
  • 3. Finding a Way Through Social Media •The increase in social media site popularity has all businesses trying to market themselves. •Students of social media marketing can look at the successes and failures of different media strategies. •Decisive strategies along with knowledge can make it possible to aim across the social media spectrum.
  • 4. What is Social Media Marketing? •It is social networking used by businesses to promote themselves and get customers. •It is not controlled by the business. –Based on online conversation
  • 5. The Seven Myths of Social Media Marketing What are the Seven Myths? Social Media is Just a Fad Social Media is Just for the Young There is No Return in Social Media Marketing Social Media Marketing isn’t Right for This Business Social Media Marketing is New Social Media Marketing is Too Time-Consuming Social Media is Free http://cdn1.medicalnewstoday.com/content/images/articles/288/ 288146/social-media-image.jpg
  • 6. Social Media Myth #1: Social Media is just a Fad •Based on a stable premise that people are social and want to connect with other people in their community •It is word-of-mouth marketing •Related to technological evolution that continues to provide new and attractive means for people to interact - In the past there was only one-on-meetings, letters, and telephones •Rooted in core trends and behaviors in social media interaction that remain stable over time
  • 7. Social Media Usage Outpaces Tradional Media Figure 1.1
  • 8. “16 Stats That Prove Social Media Isn’t Just a Fad” http://blog.hubspot.com/marketing/social-media-roi-stats
  • 9. Social Media Myth #2: Social Media Is Just For The Young Older users are among the fastest growing demographics on most social media sites Social networks are increasingly being adopted by older populations November 2008, only 16% of the 50-64-year-old group and 4% of the 65+group were using Facebook More than half of all online adults 65 and older (56%) use social media, Facebook in particular.
  • 10. Sears.com According to Quantcast, 62% of visitors to Sear.com are over 50. Advertise on a number of “senior friendly” sites, including Senior.com
  • 11. Bayer Pharmaceutical According to a Scarborough Research report, 68% of men’s golf fans are over 45. Choose the PGATour.com site to advertise the erectile dysfunction drug Levitra.
  • 12. Social Media Myth #3: There Is No Return In Social Media Marketing Hard to measure. But the monetary return on a social media marketing campaign can still be measures. Dell generated $6.5 million dollars from its Twitter account. Marriott got over $500 million in booking directly from its blog. Lenovo saved costs with a 20% reduction in customer service calls by using social media.
  • 13. Measured in a variety of different ways:
  • 14. Social Media Myth #4: Social Media Marketing Isn’t Right For This Business Business to Customer (B2C) and Business to Business (B2B) Has a powerful ability to drive word-of-mouth or recommendations from friends Speeds up and shortens the buying process ● Influences search as a resource because search results frequently include social media sites ○ Try to Google search “General Electric” ○ Twitter was the third result.
  • 15. Big Break for Small Business Successful social media campaign for B2B: American Express OPEN Provide business credit cards for companies Help small business owners grow their businesses by providing both insights and resources online. 2011, Big Break Video: https://www.youtube.com/watch?v=fMQwo_u43Jk
  • 16. Social Media Myth #5: Social Media Marketing is new Most marketing principles are based on social concepts that have been around for years. The only thing changing is technology and media’s role in marketing efforts. Now there are online conversations between companies and their consumers. Some companies don’t want to get on social media in fear of what is being said about them or interaction but people still tend to share their opinions about things online whether companies acknowledge the feedback or not.
  • 17. Social Media Myth #6: Social Media is too time consuming Bigger business get thousands of mentions on social media a day ,which requires more attention to social media marketing. For big business,that just means hiring people to manage their social media. It’s mostly medium to smaller size business who worry about time consumption. But now there are simpler ways to manage social media such as websites like Hootsuite and Tweetdeck that help streamline social media. Mobile devices make it easier to interact and publish content on social media. Social media management can be assigned to other employees.
  • 18.
  • 19. Social Media Myth #7: Social Media is free Although most social media platforms do not have a fee for usage, there are things that are costly for SMM. Pay to produce and create content Companies pay consultants or agencies to execute their social media marketing the most efficient way.
  • 20.
  • 21. History of Social Media - the roots of social media stretch farther than you can imagine - 1972 telegraph was invented used to send messages through code - 1890 telephone, 1891 radio were invented - before 1900’s the earliest method of communicating across distances was written hand to hand in the form of letters - 1940 super computers became a thing and by 1980’s computers were seen in households making a more sophisticated social media
  • 22. History continued - Six Degrees, first recognizable social media site in 1997 - The first blogging sites became popular in 1999 - Early 2000’s myspace & linkedIn - photobucket & flikr bringing online photo sharing - 2005 YouTube was created bringing a new way to post & share information amongst others - 2006 facebook was invented and opened many doorways to new social media in which we all use today
  • 23. Why Social Media Marketing is Different Traditional Approach •Controls content seen by audience •One-way communication •Domineering approach •Exclusivity agreements Social Media Approach •Emphasizes audience contribution •Two-way communication •Discussion approach •Trust building
  • 24. Characteristics of successful social media marketing: Technical Skills Basic computer skills Proficiency with search engines and navigating web Knowledge of coding and graphic design are a huge plus.
  • 25. Characteristics of successful social media marketing: Personal Attributes Personable Good listening skills Diverse vocabulary and strong reading and comprehension skills Creativity Professionalism in response to negative comments
  • 26. Careers in Social Media Marketing Company spending and demand for social media marketing is expanding drastically. Most jobs are freelance. Jobs include being a professional blogger, “power-users,”but most of the money and position with the most priority are social media consultants. Building an individual online presences is something companies look for when hiring people for their social media needs.
  • 27.
  • 28. Case Study Starbucks ‘Tweet-a-Coffee’ Campaign- Oct 28, 2013 Starbucks allowed customers to buy a coffee for anyone on Twitter by tweeting @tweetacoffee and the person’s Twitter handle. Linked their Starbucks account to Twitter and their credit card to the account. A $5 gift card would be given. Result: Over 27,000 people have tweeted a coffee. Some 34% of users bought multiple gift cards and 32% of the purchases occurred on the first day.
  • 29. Discussion 1. What other social media outlet do you think Starbucks would have better success with in their coffee campaign? 2. Why did Starbucks require customers link their Starbucks accounts to Twitter instead of simply tweeting @tweetacoffee? 3. How important is a company’s social media presences to you? Would a campaign like this make Starbucks more favorable to other coffee companies?