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    ”
Overview
     • Introduction to social business: why we
       should care?
     • Implementing a social business strategy
     • Social ROI
     • Tools of the Trade: LinkedIn, Facebook,
       Blogs,Twitter and Pinterest
     • Case histories on social and B2B – both
       the good and the bad
     • Where and how to begin a successful
       social business strategy
Overview
     • Introduction to social business: why we
       should care?
     • Implementing a social business strategy
     • Social ROI
     • Tools of the Trade: LinkedIn, Facebook,
       Blogs,Twitter and Pinterest
     • Case histories on social and B2B – both
       the good and the bad
     • Where and how to begin a successful
       social business strategy
What exactly is B2B?
Current State of Social in Australia
                                                                                      Only 42%
                                                                              of Australian organisations
                                                                              are embracing social media

                                                                                              48%
                                                                                        have no presence
                                                                                          in the space


                                                                                            Only 16%
                                                                                  feel it is important to have a
                                                                                   clear social media strategy


                                                                                              Only 2%
                                                                                        prioritise dedicating
                                                                                               funding KMPG 2011
                                                                                                     Source



Source: KPMG report in B&T article: http://www.bandt.com.au/news/australian-businesses-lag-in-social-media-game
Traditional Media Approach
Social Business Approach
You need both to succeed




   BRAND AWARENESS     BRAND REPUTATION   SALES
The relative importance
Bought                             Owned
 Media                             Assets


                                    “Earned”
Nielsen study agrees
      Have some degree of trust in the following forms of advertising:
                Recommendations from people known

EARNED                Consumer opinions posted online
                Editorial content (e.g. newspaper article)                                  TWITTER
 OWNED                                 Branded websites
                                    Emails signed up for
                                                      TV
                                    Brand sponsorships                                      FORUMS
                                              Magazines
                        Billboards / outdoor advertising
                                              Newspaper
 BOUGHT MEDIA




                                                   Radio
                                      Ads before movies                                FACEBOOK
                        TV program product placements
                    Ads served in search engine results
                                        Online video ads
                                 Ads on social networks                                        BLOGS
                                      Online banner ads
                          Display ads on mobile devices
                                                             Source: Nielsen Global Trust in Advertising
                              Text ads on mobile phones      Survey, Q3 2011
WOM is also B2B’s main purchase influence
B2B buyers are active social media users
Top Take outs.. So far

           First mover advantage is there to be seized

          Social is no longer optional – integration is key

          WOM and social are very relevant for B2B sales
Overview
     • Introduction to social business: why we
       should care?
     • Implementing a social business strategy
     • Social ROI
     • Tools of the Trade: LinkedIn, Facebook,
       Blogs,Twitter and Pinterest
     • Case histories on social and B2B – both
       the good and the bad
     • Where and how to begin a successful
       social business strategy
It’s not about the tools.
 It’s how you use them.
Most brands are socially inept
          Share, talk, answer, engage, give something
           for free, have a personality, be different…
           It doesn’t come naturally for most brands
Most brands are not HUMAN




                                       Only Human
                                     Brands succeed
                                       with social
http://trendwatching.com/briefing/
Social Media Best Practice
                  Tactics/
                 Shop Front

                Strategy




http://www.intersectionconsulting.com/blog/
The Single Biggest Challenge




http://magicofteams.wordpress.com/2010/12/02/silos-firm-they-stand/
The inevitable shift




       CLOSED             COLLABORATIVE            OPEN CULTURE
    Silos, separate and      Freely sharing       Connecting internal and
  information hoarding      information and      external communities for
                          knowledge internally         mutual gain
Social Business has a knock on effect
Social media means more than a Facebook page
Top Take outs.. So far

          It is not about the tools, but how you use them

          Brands need to be human and break down silos

              Social media requires a social business
Overview
     • Introduction to social business: why we
       should care?
     • Implementing a social business strategy
     • Social ROI
     • Tools of the Trade: LinkedIn, Facebook,
       Twitter and Pinterest
     • Case histories on social and B2B – both
       the good and the bad
     • Where and how to begin a successful
       social business strategy
Social media ROI for B2B




http://www.b2bbloggers.com/blog/b2b-social-media-roi/
Social ROI: You get out what you put in


                                                         2011 study shows
                                                         that 95% of
                                                         Facebook posts on
                                                         brand pages are
                                                         ignored



www.allfacebook.com/facebook-wall-posts-brands-2011-10
The Benefits of Getting it Right
  Companies view social media as offering the most benefit in
  the upper stages of the purchase funnel.




http://www.booz.com/media/file/BoozCo-Campaigns-to-Capabilities-Social-Media-and-Marketing-2011.pdf
Social ROI measuring framework




 Anyone notices the
 resemblance to the
 Star Wars
 Millennium Falcon?

http://www.intersectionconsulting.com/2012/social-media-measurement-framework/
Social ROI metrics put traditional ones to shame
    Nearly 40% of B2B marketers’ budgets in 2011 were spent on
    trade shows. Long-term lead generation was not measured.




                      ENGAGE & CONVERT
                       AT, then BEYOND
Radian6- online stalker extra ordinaire
Example report: Metcash
Volume of Metcash related mentions
                        Identify core
                         discussions




               146 mentions nationally across social
                 media channels the last 30 days
Volume split by Media




                        146 posts reached
                        166,586 people
Who is discussing?
What Are they Saying?


      USERS & TOPICS    SENTIMENT
                        ANALYSIS
                        Positive?
                        Negative?
                        Neutral?
B2B Benefits of Social Media Monitoring

                       Awareness
                          Opinion
                       Listen for Leads
                     Consideration
               You can immediately connect with those asking
                Brand-less Conversation Real time justification
                              the questions
                         Intention
                          Niche Target.
             You can target people based on your service and understanding
                and don’t need to outspend the
              You have a specific product / service with
                             Sale
                          acompetition
                            specific audience
Top Take outs.. So far

                   You get out what you put in

            Social is highly measurable & accountable

       Radian6 can be a useful listening and monitoring tool
Overview
     • Introduction to social business: why we
       should care?
     • Implementing a social business strategy
     • Social ROI
     • Tools of the Trade: LinkedIn, Facebook,
       Blogs, Twitter and Pinterest
     • Case histories on social and B2B – both
       the good and the bad
     • Where and how to begin a successful
       social business strategy
How Did you Arrive Here Today?
Which tool is the most important for B2B marketing?
Why LinkedIn                              is a power tool for B2B


                                                     • Online visibility
                                                     • Showcase your expertise
                                                     • Lead generation



http://blog.brainrider.com/2010/09/linkedin-for-b2b-marketing-8-best-practice-tips-to-get-customers/
5 LinkedIn tips
                  • It’s a company affair
                  • Show an interest in others
                  • Complete & maintain your
                    profile
                  • Link your profile with other
                    platforms
                  • Watch out for spam
The Voice uses LinkedIn to showcase its services
The Voice uses LinkedIn to showcase its services
The Voice uses LinkedIn to showcase its services




                            YouTube integration
The world’s most popular social tool:

                • Popularity
                • Lead generation
                • Low cost
                • Easy to use



http://www.simplyzesty.com/social-media/linkedin-vs-facebook-whos-the-best-at-b2b-infographic/
How to make it work




             • Integrate Facebook into all other marketing/communication activities
             • Don’t talk about yourself 24/7- listen more instead
             • “build it and they will come” only works in the Field of Dreams- add value,
               share, discuss and share an interest in others

http://www.allfacebook.com/facebook-page-consumers-2012-02
Example: UPS on Facebook




 Customer case studies

                         Introducing the people   Helpful B2B info beyond
                         behind the brand         logistics
Why Blogs should be part of your social play
    • Lead generation
    • Excellent traffic driver
      (Google Juice)
    • Inbound marketing leads cost
      62% less than outbound
    • Showcase your experience &
      thinking




http://www.b2bmarketinginsider.com/social-media/blogging-is-good-business-8-tips-to-get-it-right
How to get the most out of your blog
    Update regularly


  Get everyone involved


  Use Keywords & Links


   Use images & Tags


 Comment on other blogs
37 Signals- corporate blog with 124k subscribers
37 Signals- corporate blog with 124k subscribers


                                Product
                                announcements, with
                                a touch of their
                                quirky brand
                                personality
37 Signals- corporate blog with 124k subscribers


 Transparent &                  Product
 human                          announcements, with
 approach to                    a touch of their quirky
 communications                 brand personality
37 Signals- corporate blog with 124k subscribers



                                      Tips on
                                      customising
                                      their apps
Micro blogging aka

                     • Pick up sales leads
                     • Great research tool
                     • Good traffic driver
                     • Customer service
                     • Company news
Become a Star Tweeter with these tips


       • Incorporate into your overall strategy
       • Dedicated accounts make sense
       • Listen more, talk less
       • Be part of the conversation to find
         solutions
@HPBizAnswers for advice
                      @HPBizAnswers
                      complements the
                      discussion on their
                      blog articles and
                      extends the
                      conversation to
                      promote HP’s quality
                      SMB advice and
                      solutions…
1,480 followers
The new kid on the block:
 • 11.7m users worldwide and rapidly growing
 • 360k users in Australia, 25th most popular site
 • HUGE traffic driver- bigger than Facebook, LinkedIn & Twitter




                           Pinterest drives 6% of
                           traffic to our blog after
                           only a few weeks
How to rock Pinterest
           Pin your own content- otherwise respect copyright

           Show your brand outside office hours

           All pins link back to its original site to be careful what you pin

           No self promotion- contribute and share only

           Pin good quality and up to date images
http://adage.com/article/digitalnext/brands-pinterest-breaking-law/233038/
B2B Pinterest Best Practice

                          • Tech manufacturer- computers,
                            printers, servers etc.
                          • Showcases its products 
                            online catalogue
                          • Showcases other brands which
                            complement its own products
                          • Useful tips, e.g. Mother’s Day
                            gift inspiration
The conclusion: Be Social to Win in Social Media
Top Take outs.. So far

               The tools are as good as their users

               The tools require brands to be social

        The tools work best if integrated with other assets
Overview
     • Introduction to social business: why we
       should care?
     • Implementing a social business strategy
     • Social ROI
     • Tools of the Trade: LinkedIn, Facebook,
       Blogs, Twitter and Pinterest
     • Case histories on social and B2B – both
       the good and the bad
     • Where and how to begin a successful
       social business strategy
SOCIAL BUSINESS CASE STUDY


Deloitte's "Entanglement" Model For B2B Digital Marketing
So, err – who’s Deloitte?


    “Deloitte” is the brand under which tens of
    thousands of dedicated professionals in
    independent firms throughout the world
    collaborate to provide audit, consulting,
    financial advisory, risk management, and tax
    services to selected clients.”
Deloitte; ‘I’m kind of a big deal’
Old school B2B thinking: Website / company focus


  B2B online
  universe                       B2B
                                Website
New school B2B thinking: Multi-channel marketing


  B2B online
                                     Tablet
  universe
                           B2B
                          Website

                Mobile
New dictum



      “Be RELEVANT and DISCOVERABLE
       everywhere your CUSTOMER is.”
Old ‘Hub and Spokes’ approach



                                B2B
                               Website


    = inbound „paid‟ traffic
New ‘Entanglement’ approach
                                       “Clive”


                Mobile                           Yummy!



                      B2B
                     Website
                              Tablet
Content: ‘planting the seed’ rather then starting with the ‘plant’
Key take-outs from Deloitte
      • The website is still the epicenter of B2B digital marketing
        communications but its not ‘be all and end all’
      • Single minded ‘Traffic driving’ digital marketing is the B2B old school –
        still relevant but not ‘be all and end all’
         • Social Mediums must be integrated in B2B digital marketing strategy – FROM
           START
      • Developing the content your consumers want will separate you from
        your competition
         • Through metrics and analytics we can track engagement with thought starters
           then grow deeper, more relevant and engaging content

        “Be RELEVANT and DISCOVERABLE
         everywhere your CUSTOMER is.”
SOCIAL BUSINESS CASE STUDY


World’s largest business and technology provider
It all started with this observation…

                               ‘To be a social business,
                               you recognise employees
                               need to be agile, informed
                               and able to work beyond
                               their job descriptions’
                               Jeff Schick, VP of Social
                               Software
IBM social media objective 

     • Listen for leads & drive
       sales
     • Learn from each other
       through an open exchange
     • No corporate accounts-
       individual employee
       accounts only

http://www.emarketer.com/blog/index.php/case-study-ibm-drives-millions-dollars-worth-sales-
leads-social-media/
The IBM social media framework


                                                                                                Interaction &
                                                                                                Collaboration


       People*                    Process                Technology


                                                                                                    *Culture & Leadership

http://www.emarketer.com/blog/index.php/case-study-ibm-drives-millions-dollars-worth-sales-leads-social-media/
The key to success- IBM’s social media policy

      • Personal liability for all
        content
      • Identify yourself as an IBM              Because IBM does rely on
        employee
      • Respect copyright                        personal social media
      • Don’t share any                          accounts it needs a
        confidential info                        sound social media policy
      • Respect your audience
      • Try to add value
      • Don’t pick fights and
        apologize where
        appropriate

http://www.ibm.com/blogs/zz/en/guidelines.html
Kinda like what you learnt at Kindergarten maybe?
Result: 400% increase in sales



                                 1st quarter
                                  of 2011
SOCIAL BUSINESS CASE STUDY

Leading Australian provider of business solutions
The Strategy: make business life easier



                   Love your work
MYOB Blog : The Pulse provides solutions


                                            The blog provides
                                           support and tips to
                                           make business life
                                                  easier
MYOB   - : various tabs
tutorials



             Tutorials to make
            the most out of the
              MYOB software
profile: relevant info for SMEs
“Our solutions make business life easier…”
SOCIAL BUSINESS CASE STUDY
Aircraft engine maintenance, repair and overhaul
How it all started…
      “We know that marketing is heading more in the
      direction of relationships as opposed to talking AT
      our customers”
Social Strategy Objectives

      1. Use social media to achieve greater awareness
         within the industry
      2. Reach potential buyers, manufacturers and key
         influencers to build meaningful relationships
      3. Develop a relationship with Pratt & Whitney, THE
         key influencer in the industry
Social Strategy Framework:
    Content strategy        Reach the industry, in particular
       objective:           Pratt & Whitney
   demonstrate expertise
   and thought leadership   Establish the brand as an industry
                            specialist


                            Gain leads, sales, advocacy, WOM
                            and insights
Social Tools




               •   Credibility
               •   Industry leadership
               •   Leads and sales
               •   Insights
provides discussion and leads

                                • Regular posts
                                • Interesting articles
                                  with tips and expert
                                  advice
                                • Keeping the end goal
                                  of their strategy in
                                  mind: Lead
                                  generation
connects with fans
4,300+ Likes, 249 people ‘talking about this’

Lead generation and driving   Engaging fans with content   Listening and responding
traffic to their site/blog    and discussion               to community




 Advocates and
 B2B industry
 contacts
 reciprocate!
connects with the industry

                    Use LinkedIn discussions to
                    gather feedback, generate
                    discussion, and drive traffic to
                    their site and services




   Attracted a strong following (45%)
   of senior B2B owners/managers in
   the industry, as well as entry-level
   enthusiasts who look to Covington
   for expert advice
directly engages and drives traffic
                          Directly engaging
                          with their followers
                          about aviation and
                          aircraft topics.

                          Directing traffic to
                          their latest blog posts
                          and other social
                          platforms



                         Stimulating
                         conversation and
                         getting insights
shares their services and expertise




                            14 videos
                            3,800+ views

                            .. And leads!
Results
• Facebook fans increased from
  zero to over 1,000 within 3
  months, reaching industry         
  leaders and advocates
• Caught the attention of Pratt &
  Whitney, who are inspired to      
  begin their own social media
  strategy
• Covington gained awareness
  and expertise by guest blogging
  on Pratt & Whitney’s site
                                    
• Pratt & Whitney partnered with
  Covington to launch an official
  community for the P&W’s PT6
  engine…
Recognised as a leader in the industry
      Gaining further top-of-mind consideration and leads in the industry
                        as community growth accelerates…
    And it all started with a well thought out and supported social strategy!
What NOT to do in Social Media
Honda- always identify yourself as an employee


  Few Honda Facebook fans liked the new
  design of their latest CUV so the product
  manager of this car decided to post positive
  comments on Facebook defending the
  design.
  The fans however were not amused and
  masses of negative comments flooded the
  page
Dell Hell- respond swiftly to contain disasters
                                                              A photo of an exploding Dell laptop
                                                              gets published, spreading like
                                                              wildfires globally. Dell does not
                                                              respond. For a very long time.
                                                              Weeks later Dell has to recall 4m
                                                              laptop batteries and finally addresses
                                                              the issues.

  What Dell should have done:
  Address the issue immediately and
  use social media to contain the PR
  disaster
http://econsultancy.com/uk/blog/7913-14-epic-social-media-fails
When private and corporate views clash-
           Energy Watch CEO Ben Polis on racist
           & sexist rant on Facebook backfires




                                                                                    Result: Ben
                                                                                    resigned, Energy
                                                                                    Watch’s reputation
                                                                                    is massively dented

http://www.heraldsun.com.au/news/more-news/polis-scandal-warns-us-to-think-before-posting/story-
fn7x8me2-1226320108427
GoDaddy- personal use of social media can backfire
                                                            GoDaddy CEO Bob Parson killed an
                                                            elephant and put it on YouTube and
                                                            Twitter. The backlash was immediate
                                                            (especially from PETA) and the general
                                                            public was absolutely outraged




  What Bob should have done:
  1. Not kill an elephant or any other animal
  2. Consider how his personal behaviour
     affects the company image and sales
http://econsultancy.com/uk/blog/7913-14-epic-social-media-fails
Top Take outs.. So far

         Start with setting objectives for your social play

        The tools are secondary- invest in resource instead

         Don’t bullshit your audience- you will get caught
Overview
     • Introduction to social business: why we
       should care?
     • Implementing a social business strategy
     • Social ROI
     • Tools of the Trade: LinkedIn, Facebook,
       Blogs, Twitter and Pinterest
     • Case histories on social and B2B – both
       the good and the bad
     • Where and how to begin a successful
       social business strategy
FRANk Process: 4 steps to a social business

                       4         ROI metrics &                •   Detailed quarterly reporting on agreed key KPIs
                                                                  Constant monitoring of chatter
                                   reporting
                                                              •




               3
                            Community        • Community Manager recruitment &• FRANkademy workshops, training and
                                             • Editorial calendar
                                                                                 training
                                                                                     support

                           Management        • Knowledge sharing                • Response flow chart
                                                                                • Employee engagement



      2
               Social Business               •
                                             •
                                                   Resource management
                                                   Strategy implementation
                                                                                               •
                                                                                               •
                                                                                                   Budget recommendation
                                                                                                   Measurement of success

                  Strategy
                                             •     Content planning                            •   Marketing as a Service
                                             •     Social policies and guidelines              •   Plan to become a social brand


                                 •   Internal- all stakeholders
  1       Listen & Learn         •
                                 •
                                     External- consumers industry, trends, competitors, strengths, opportunities, weaknesses, …
                                     Analysis of online chatter and buzz- agile and dynamic approach
FRANk- full service social business agency
                                             What can we
                                             do for you?
At what stage is your B2B social business?
   “We are nowhere”        “We’ve made a start”          “We get it!”




                           We have Facebook and
  We’re not sure where                              We have a community
                            Twitter but no one      manager who regularly
   to start or whether
                           wants to be our friend      engages with our
       we need to?                                   growing community.
                               or talk to us.


                   90% + of brands
FRANkademy: Social Media Strategy for B2B

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FRANkademy: Social Media Strategy for B2B

  • 1. Follow us @frank_media and join in our live tweeting with #frankademy!
  • 2.
  • 3. Overview • Introduction to social business: why we should care? • Implementing a social business strategy • Social ROI • Tools of the Trade: LinkedIn, Facebook, Blogs,Twitter and Pinterest • Case histories on social and B2B – both the good and the bad • Where and how to begin a successful social business strategy
  • 4. Overview • Introduction to social business: why we should care? • Implementing a social business strategy • Social ROI • Tools of the Trade: LinkedIn, Facebook, Blogs,Twitter and Pinterest • Case histories on social and B2B – both the good and the bad • Where and how to begin a successful social business strategy
  • 6. Current State of Social in Australia Only 42% of Australian organisations are embracing social media 48% have no presence in the space Only 16% feel it is important to have a clear social media strategy Only 2% prioritise dedicating funding KMPG 2011 Source Source: KPMG report in B&T article: http://www.bandt.com.au/news/australian-businesses-lag-in-social-media-game
  • 9. You need both to succeed BRAND AWARENESS BRAND REPUTATION SALES
  • 10. The relative importance Bought Owned Media Assets “Earned”
  • 11. Nielsen study agrees Have some degree of trust in the following forms of advertising: Recommendations from people known EARNED Consumer opinions posted online Editorial content (e.g. newspaper article) TWITTER OWNED Branded websites Emails signed up for TV Brand sponsorships FORUMS Magazines Billboards / outdoor advertising Newspaper BOUGHT MEDIA Radio Ads before movies FACEBOOK TV program product placements Ads served in search engine results Online video ads Ads on social networks BLOGS Online banner ads Display ads on mobile devices Source: Nielsen Global Trust in Advertising Text ads on mobile phones Survey, Q3 2011
  • 12. WOM is also B2B’s main purchase influence
  • 13. B2B buyers are active social media users
  • 14. Top Take outs.. So far First mover advantage is there to be seized Social is no longer optional – integration is key WOM and social are very relevant for B2B sales
  • 15. Overview • Introduction to social business: why we should care? • Implementing a social business strategy • Social ROI • Tools of the Trade: LinkedIn, Facebook, Blogs,Twitter and Pinterest • Case histories on social and B2B – both the good and the bad • Where and how to begin a successful social business strategy
  • 16. It’s not about the tools. It’s how you use them.
  • 17. Most brands are socially inept Share, talk, answer, engage, give something for free, have a personality, be different… It doesn’t come naturally for most brands
  • 18. Most brands are not HUMAN Only Human Brands succeed with social http://trendwatching.com/briefing/
  • 19. Social Media Best Practice Tactics/ Shop Front Strategy http://www.intersectionconsulting.com/blog/
  • 20. The Single Biggest Challenge http://magicofteams.wordpress.com/2010/12/02/silos-firm-they-stand/
  • 21. The inevitable shift CLOSED COLLABORATIVE OPEN CULTURE Silos, separate and Freely sharing Connecting internal and information hoarding information and external communities for knowledge internally mutual gain
  • 22. Social Business has a knock on effect
  • 23. Social media means more than a Facebook page
  • 24. Top Take outs.. So far It is not about the tools, but how you use them Brands need to be human and break down silos Social media requires a social business
  • 25. Overview • Introduction to social business: why we should care? • Implementing a social business strategy • Social ROI • Tools of the Trade: LinkedIn, Facebook, Twitter and Pinterest • Case histories on social and B2B – both the good and the bad • Where and how to begin a successful social business strategy
  • 26. Social media ROI for B2B http://www.b2bbloggers.com/blog/b2b-social-media-roi/
  • 27. Social ROI: You get out what you put in 2011 study shows that 95% of Facebook posts on brand pages are ignored www.allfacebook.com/facebook-wall-posts-brands-2011-10
  • 28. The Benefits of Getting it Right Companies view social media as offering the most benefit in the upper stages of the purchase funnel. http://www.booz.com/media/file/BoozCo-Campaigns-to-Capabilities-Social-Media-and-Marketing-2011.pdf
  • 29. Social ROI measuring framework Anyone notices the resemblance to the Star Wars Millennium Falcon? http://www.intersectionconsulting.com/2012/social-media-measurement-framework/
  • 30. Social ROI metrics put traditional ones to shame Nearly 40% of B2B marketers’ budgets in 2011 were spent on trade shows. Long-term lead generation was not measured. ENGAGE & CONVERT AT, then BEYOND
  • 31. Radian6- online stalker extra ordinaire
  • 33. Volume of Metcash related mentions Identify core discussions 146 mentions nationally across social media channels the last 30 days
  • 34. Volume split by Media 146 posts reached 166,586 people
  • 36. What Are they Saying? USERS & TOPICS SENTIMENT ANALYSIS Positive? Negative? Neutral?
  • 37. B2B Benefits of Social Media Monitoring Awareness Opinion Listen for Leads Consideration You can immediately connect with those asking Brand-less Conversation Real time justification the questions Intention Niche Target. You can target people based on your service and understanding and don’t need to outspend the You have a specific product / service with Sale acompetition specific audience
  • 38. Top Take outs.. So far You get out what you put in Social is highly measurable & accountable Radian6 can be a useful listening and monitoring tool
  • 39. Overview • Introduction to social business: why we should care? • Implementing a social business strategy • Social ROI • Tools of the Trade: LinkedIn, Facebook, Blogs, Twitter and Pinterest • Case histories on social and B2B – both the good and the bad • Where and how to begin a successful social business strategy
  • 40. How Did you Arrive Here Today?
  • 41. Which tool is the most important for B2B marketing?
  • 42. Why LinkedIn is a power tool for B2B • Online visibility • Showcase your expertise • Lead generation http://blog.brainrider.com/2010/09/linkedin-for-b2b-marketing-8-best-practice-tips-to-get-customers/
  • 43. 5 LinkedIn tips • It’s a company affair • Show an interest in others • Complete & maintain your profile • Link your profile with other platforms • Watch out for spam
  • 44. The Voice uses LinkedIn to showcase its services
  • 45. The Voice uses LinkedIn to showcase its services
  • 46. The Voice uses LinkedIn to showcase its services YouTube integration
  • 47. The world’s most popular social tool: • Popularity • Lead generation • Low cost • Easy to use http://www.simplyzesty.com/social-media/linkedin-vs-facebook-whos-the-best-at-b2b-infographic/
  • 48. How to make it work • Integrate Facebook into all other marketing/communication activities • Don’t talk about yourself 24/7- listen more instead • “build it and they will come” only works in the Field of Dreams- add value, share, discuss and share an interest in others http://www.allfacebook.com/facebook-page-consumers-2012-02
  • 49. Example: UPS on Facebook Customer case studies Introducing the people Helpful B2B info beyond behind the brand logistics
  • 50. Why Blogs should be part of your social play • Lead generation • Excellent traffic driver (Google Juice) • Inbound marketing leads cost 62% less than outbound • Showcase your experience & thinking http://www.b2bmarketinginsider.com/social-media/blogging-is-good-business-8-tips-to-get-it-right
  • 51. How to get the most out of your blog Update regularly Get everyone involved Use Keywords & Links Use images & Tags Comment on other blogs
  • 52. 37 Signals- corporate blog with 124k subscribers
  • 53. 37 Signals- corporate blog with 124k subscribers Product announcements, with a touch of their quirky brand personality
  • 54. 37 Signals- corporate blog with 124k subscribers Transparent & Product human announcements, with approach to a touch of their quirky communications brand personality
  • 55. 37 Signals- corporate blog with 124k subscribers Tips on customising their apps
  • 56. Micro blogging aka • Pick up sales leads • Great research tool • Good traffic driver • Customer service • Company news
  • 57. Become a Star Tweeter with these tips • Incorporate into your overall strategy • Dedicated accounts make sense • Listen more, talk less • Be part of the conversation to find solutions
  • 58. @HPBizAnswers for advice @HPBizAnswers complements the discussion on their blog articles and extends the conversation to promote HP’s quality SMB advice and solutions… 1,480 followers
  • 59. The new kid on the block: • 11.7m users worldwide and rapidly growing • 360k users in Australia, 25th most popular site • HUGE traffic driver- bigger than Facebook, LinkedIn & Twitter Pinterest drives 6% of traffic to our blog after only a few weeks
  • 60. How to rock Pinterest Pin your own content- otherwise respect copyright Show your brand outside office hours All pins link back to its original site to be careful what you pin No self promotion- contribute and share only Pin good quality and up to date images http://adage.com/article/digitalnext/brands-pinterest-breaking-law/233038/
  • 61. B2B Pinterest Best Practice • Tech manufacturer- computers, printers, servers etc. • Showcases its products  online catalogue • Showcases other brands which complement its own products • Useful tips, e.g. Mother’s Day gift inspiration
  • 62. The conclusion: Be Social to Win in Social Media
  • 63. Top Take outs.. So far The tools are as good as their users The tools require brands to be social The tools work best if integrated with other assets
  • 64. Overview • Introduction to social business: why we should care? • Implementing a social business strategy • Social ROI • Tools of the Trade: LinkedIn, Facebook, Blogs, Twitter and Pinterest • Case histories on social and B2B – both the good and the bad • Where and how to begin a successful social business strategy
  • 65. SOCIAL BUSINESS CASE STUDY Deloitte's "Entanglement" Model For B2B Digital Marketing
  • 66. So, err – who’s Deloitte? “Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients.”
  • 67. Deloitte; ‘I’m kind of a big deal’
  • 68. Old school B2B thinking: Website / company focus B2B online universe B2B Website
  • 69. New school B2B thinking: Multi-channel marketing B2B online Tablet universe B2B Website Mobile
  • 70. New dictum “Be RELEVANT and DISCOVERABLE everywhere your CUSTOMER is.”
  • 71. Old ‘Hub and Spokes’ approach B2B Website = inbound „paid‟ traffic
  • 72. New ‘Entanglement’ approach “Clive” Mobile Yummy! B2B Website Tablet
  • 73. Content: ‘planting the seed’ rather then starting with the ‘plant’
  • 74. Key take-outs from Deloitte • The website is still the epicenter of B2B digital marketing communications but its not ‘be all and end all’ • Single minded ‘Traffic driving’ digital marketing is the B2B old school – still relevant but not ‘be all and end all’ • Social Mediums must be integrated in B2B digital marketing strategy – FROM START • Developing the content your consumers want will separate you from your competition • Through metrics and analytics we can track engagement with thought starters then grow deeper, more relevant and engaging content “Be RELEVANT and DISCOVERABLE everywhere your CUSTOMER is.”
  • 75. SOCIAL BUSINESS CASE STUDY World’s largest business and technology provider
  • 76. It all started with this observation… ‘To be a social business, you recognise employees need to be agile, informed and able to work beyond their job descriptions’ Jeff Schick, VP of Social Software
  • 77. IBM social media objective  • Listen for leads & drive sales • Learn from each other through an open exchange • No corporate accounts- individual employee accounts only http://www.emarketer.com/blog/index.php/case-study-ibm-drives-millions-dollars-worth-sales- leads-social-media/
  • 78. The IBM social media framework Interaction & Collaboration People* Process Technology *Culture & Leadership http://www.emarketer.com/blog/index.php/case-study-ibm-drives-millions-dollars-worth-sales-leads-social-media/
  • 79. The key to success- IBM’s social media policy • Personal liability for all content • Identify yourself as an IBM Because IBM does rely on employee • Respect copyright personal social media • Don’t share any accounts it needs a confidential info sound social media policy • Respect your audience • Try to add value • Don’t pick fights and apologize where appropriate http://www.ibm.com/blogs/zz/en/guidelines.html
  • 80. Kinda like what you learnt at Kindergarten maybe?
  • 81. Result: 400% increase in sales 1st quarter of 2011
  • 82. SOCIAL BUSINESS CASE STUDY Leading Australian provider of business solutions
  • 83. The Strategy: make business life easier Love your work
  • 84. MYOB Blog : The Pulse provides solutions The blog provides support and tips to make business life easier
  • 85. MYOB - : various tabs
  • 86. tutorials Tutorials to make the most out of the MYOB software
  • 88. “Our solutions make business life easier…”
  • 89. SOCIAL BUSINESS CASE STUDY Aircraft engine maintenance, repair and overhaul
  • 90. How it all started… “We know that marketing is heading more in the direction of relationships as opposed to talking AT our customers”
  • 91. Social Strategy Objectives 1. Use social media to achieve greater awareness within the industry 2. Reach potential buyers, manufacturers and key influencers to build meaningful relationships 3. Develop a relationship with Pratt & Whitney, THE key influencer in the industry
  • 92. Social Strategy Framework: Content strategy Reach the industry, in particular objective: Pratt & Whitney demonstrate expertise and thought leadership Establish the brand as an industry specialist Gain leads, sales, advocacy, WOM and insights
  • 93. Social Tools • Credibility • Industry leadership • Leads and sales • Insights
  • 94. provides discussion and leads • Regular posts • Interesting articles with tips and expert advice • Keeping the end goal of their strategy in mind: Lead generation
  • 95. connects with fans 4,300+ Likes, 249 people ‘talking about this’ Lead generation and driving Engaging fans with content Listening and responding traffic to their site/blog and discussion to community Advocates and B2B industry contacts reciprocate!
  • 96. connects with the industry Use LinkedIn discussions to gather feedback, generate discussion, and drive traffic to their site and services Attracted a strong following (45%) of senior B2B owners/managers in the industry, as well as entry-level enthusiasts who look to Covington for expert advice
  • 97. directly engages and drives traffic Directly engaging with their followers about aviation and aircraft topics. Directing traffic to their latest blog posts and other social platforms Stimulating conversation and getting insights
  • 98. shares their services and expertise 14 videos 3,800+ views .. And leads!
  • 99. Results • Facebook fans increased from zero to over 1,000 within 3 months, reaching industry  leaders and advocates • Caught the attention of Pratt & Whitney, who are inspired to  begin their own social media strategy • Covington gained awareness and expertise by guest blogging on Pratt & Whitney’s site  • Pratt & Whitney partnered with Covington to launch an official community for the P&W’s PT6 engine…
  • 100. Recognised as a leader in the industry Gaining further top-of-mind consideration and leads in the industry as community growth accelerates… And it all started with a well thought out and supported social strategy!
  • 101. What NOT to do in Social Media
  • 102. Honda- always identify yourself as an employee Few Honda Facebook fans liked the new design of their latest CUV so the product manager of this car decided to post positive comments on Facebook defending the design. The fans however were not amused and masses of negative comments flooded the page
  • 103. Dell Hell- respond swiftly to contain disasters A photo of an exploding Dell laptop gets published, spreading like wildfires globally. Dell does not respond. For a very long time. Weeks later Dell has to recall 4m laptop batteries and finally addresses the issues. What Dell should have done: Address the issue immediately and use social media to contain the PR disaster http://econsultancy.com/uk/blog/7913-14-epic-social-media-fails
  • 104. When private and corporate views clash- Energy Watch CEO Ben Polis on racist & sexist rant on Facebook backfires Result: Ben resigned, Energy Watch’s reputation is massively dented http://www.heraldsun.com.au/news/more-news/polis-scandal-warns-us-to-think-before-posting/story- fn7x8me2-1226320108427
  • 105. GoDaddy- personal use of social media can backfire GoDaddy CEO Bob Parson killed an elephant and put it on YouTube and Twitter. The backlash was immediate (especially from PETA) and the general public was absolutely outraged What Bob should have done: 1. Not kill an elephant or any other animal 2. Consider how his personal behaviour affects the company image and sales http://econsultancy.com/uk/blog/7913-14-epic-social-media-fails
  • 106. Top Take outs.. So far Start with setting objectives for your social play The tools are secondary- invest in resource instead Don’t bullshit your audience- you will get caught
  • 107. Overview • Introduction to social business: why we should care? • Implementing a social business strategy • Social ROI • Tools of the Trade: LinkedIn, Facebook, Blogs, Twitter and Pinterest • Case histories on social and B2B – both the good and the bad • Where and how to begin a successful social business strategy
  • 108. FRANk Process: 4 steps to a social business 4 ROI metrics & • Detailed quarterly reporting on agreed key KPIs Constant monitoring of chatter reporting • 3 Community • Community Manager recruitment &• FRANkademy workshops, training and • Editorial calendar training support Management • Knowledge sharing • Response flow chart • Employee engagement 2 Social Business • • Resource management Strategy implementation • • Budget recommendation Measurement of success Strategy • Content planning • Marketing as a Service • Social policies and guidelines • Plan to become a social brand • Internal- all stakeholders 1 Listen & Learn • • External- consumers industry, trends, competitors, strengths, opportunities, weaknesses, … Analysis of online chatter and buzz- agile and dynamic approach
  • 109. FRANk- full service social business agency What can we do for you?
  • 110. At what stage is your B2B social business? “We are nowhere” “We’ve made a start” “We get it!” We have Facebook and We’re not sure where We have a community Twitter but no one manager who regularly to start or whether wants to be our friend engages with our we need to? growing community. or talk to us. 90% + of brands

Editor's Notes

  1. Source: KMPG report in B&T article: http://www.bandt.com.au/news/australian-businesses-lag-in-social-media-game
  2. Few B2B customers ever buy anything without first asking their peers or colleagues about their experiences with the vendor and/or product. Source of these stats: Zuberance report 2010 Top 5 Myths of Word of Mouth
  3. Source of these stats: Zuberance report 2010 Top 5 Myths of Word of Mouth
  4. Most companies are stuck in silos. However, social business is a dynamic eco- system of solutions and ideas that thrives on collaboration.
  5. You must be able to deliver the right message, at the right time, through the right channel. Therefore, if your organization resolves to become a social enterprise, you must also make some strategic organizational and structural changes that will allow you to integrate disparate data sources across every channel, departments and country. You need to established ways to communicate across departments, monitor social conversations efficiently, and quickly distribute insight to the right parts of the company.
  6. Social media isn’t a box to be ticked or a department to be manned or even a campaign to be launched. It’s about thinking differently about marketing, customer service, the entire company. It’s about realizing that consumers are running the biggest recommendation service in the world and that, as has been tiresomely often repeated, they define the brand (no, this is not new; yes, this is becoming more obvious and important by the day). All thinking about product, customers and communications, needs to take this into account — it cannot sit in a silo.
  7. Center for Exhibition Industry Research (CEIR).
  8. Google loves LinkedIn because of its high quality inbound links and is therefore an excellent tool to increase your page rankthrough status updates (share what you are reading), group postings (add to the conversation), and LinkedIn Answers (tap your knowledge)75% of all B2B purchasers use Social Media as part of the purchase process and LinkedIn is the #1 tool
  9. LinkedIn needs to be part of the whole company DNA so get everyone on board to discuss and contribute. The more the merrier! follow peers, industry influencers, customers and prospect customer and try to engage in an open exchange of ideas, solutions and a bit of fun Complete your profile and maintain it with appropriate updates. Use relevant keywords and phrases in your company description to increase your online visibilitySuch as Twitter, your blog or slideshare for extra oomph and search results nothing is more embarrassing than other companies using your profile to flog their products or services
  10. Facebook has almost 900m users worldwide41% of B2B users of Facebook report lead generation People generally don’t shut off business thinking when on Facebook Facebook lets businesses amplify their marketing efforts for relatively little moneySelf service advertising platform is easy to navigate
  11. 57% of businesses have acquired a customer through their blog
  12. “Products I Love” is the third most popular pinboard name
  13. Global workforce reached 182,000 and is expected to grow more than 35 percent to 250,000 by FY2015Aggregate member firm revenues grew 8.4 percent in U.S. dollars, marking Deloitte’s highest revenue growth in the last three years Growth experienced in all three major geographic regions and across all four major business linesNew York, 22 September 2011 – Deloitte Touche Tohmatsu Limited today announced aggregate member firm revenues of US$28.8 billion for the fiscal year ended 31 May 2011, marking the highest revenue ever recorded by the global member firm network.
  14. Centre of B2B digital marketing universe used to be the B2B websiteDigital marketing primary objective was mass traffic driving Essentially; the businesses focus was entirely on itself
  15. Deloitte recognised a change in the way their B2B customers wanted to consume information They changed their focus from ‘us’ (the business) to ‘them’ (the consumer)Multi-channel marketinghas moved the centre of the digital universe from the website to the customer.
  16. A clear and defined digital marketing strategy vision statement by Deloitte
  17. B2B website was the ‘hub’, digital marketing traffic drivers were the ‘spokes’Main goal was mass traffic to the websiteAssumption was traffic would lead to engagement and eventually to conversions (leads / sales / etc) – which it does but not a great ROI in digital marketing 3.0
  18. Website is still ‘centre’ of digital marketing communications but its not ‘be all and end all’ Integrating social channels embraces new dictum Change in digital comms channels requires a change in content
  19. Traditionally Deloitte would develop and house ‘white papers’ – extensive written pieces on thought leadership within their websiteDeloitte now starts with a range of ‘thought starters’Using social media they send these ‘thoughts’ out to their key B2B customersThoughts which track the most engagement from potential customers then get further developed more in-depth discussions / owner generated contentEngages their customers’, reduces the overhead to develop content which isn’t necessarily relevant to their core target audience, content is more share-able; has carry-on affect to search engine optimisation imitating B2C; producing short, sharp 3 minute video podcasts to replace text heavy ‘white pages’ on their websiteEasier to consume and share by customer audience, quick to develop, engaging content