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Business
in the age of
social media
Doing what you have
  always done will no
longer get you what you
    have always got
“By 2011 90% of your
sales will come from
word of mouth or
digital promotion”

Seth Godin, 2009
Social media
    = #1
Social media facts
• Social networking site usage grew 88 percent among
  Internet users aged 55-64 between April 2009 and May 2010
• In 2009, social gamers bought $2.2 billion in virtual
  goods; Predicted to increase to $6 billion by 2013
• 53.5% marketers use social media as part of their
  marketing strategy. Increased from 45% in 2009
• average Facebook user has 130 friends
• More than 30% twitter users access twitter via their mobile
  phone
• 77% of Internet users read blogs
• 133 million blogs
• MOBILE IS EXPLODING
In Australia
• 9.8 million on facebook
• >1 million on LinkedIn
• 1.1 million on twitter
• MySpace decreasing numbers
• Facebook - 19.3% pages viewed in Sept 2010. Compared to
  7.4% Google
• Average user spent 28 minutes and 58 seconds on facebook
• 77% watched video content in Oct 2010 - 26% on mobile
• 36% access internet via mobile phone in 2010
• 9% use their mobile phone to purchase
• 5% total retail sales online in 2010, increasing by 12% on 2009
http://digitalmarketinglab.com.au
Old communication was one-way
Now communication is two-way
And conversations are with many
Media is now about creating an
    environment for convening and
          supporting groups.

And enabling them to talk to each other.
AND
  you have to
give up control
  to enable a
 conversation
It’s no longer B2B.
It’s no longer B2C.
    It’s now P2P.

 Person 2 Person.
Social media is:

• Instant
• Interactive
• Accessible
• Measurable
• User generated content
What does this mean
      for you?
Social media is a
fundamental shift in
how we do business
WHY?
• Allows you to engage and connect with
  your customers
• Gives you a greater online presence
• Gives you greater brand credibility
• Your competitors are there
• Conversations are happening about your
  business and your industry whether you are
  there or not
Twitter facts
•   87% of all people are aware of twitter
•   200 million registered accounts
•   140 million tweets per day
•   460,000 - average no. new accounts PER DAY
    last month
•   27% log in every day and 37% log in via a mobile
    device
•   52% update their status every day
•   52% women
•   25% follow a brand, 67% will purchase
Changing boundaries
www.twitter.com


  GET STARTED NOW!
Who do I follow?
•   Other artists

•   Your clients

•   People who might refer clients to you

•   Art gallerys, dealers, people who buy art, listen to
    music, are patrons, media, co-ops,

•   People who interest you! Food, wine, sport, business
    people, celebrities...
What do I
  say?
Listen
Be relevant
and interesting
Share
Congratulate
people


   • 5. Congratulate people
Ask and
answer
questions
• 2. Let others know you are listening
Tools to make it easier
• 3rd party applications - Tweetdeck,
  Hootsuite
• Mobile apps - Twitter, facebook,
  LinkedIn
• Co-tweet
• Shorten links - bit.ly, tiny.url
• Add photos - twitpic, plixi.com
LinkedIn facts
• A new member joins every second
• Over 100m members
• 56% outside of USA
• Nearly 2 billion people searches in 2010
• 80% of companies using LinkedIn as a primary
  tool to find employees
• 69 of the Fortune 100 companies use LinkedIn
  as a hiring tool
• More than 1 million Company Pages
www.LinkedIn.com
Benefits
• A way of connecting with other
  professionals
• Find, be introduced to and collaborate
• Join groups
• Be found for opportunities
• Recruitment - find a job, find employees
• Discover connections
• Give and receive recommendations
Me


   My connections = 522




   2 degrees = 69,700+




3 degrees away = 4,637,000+
Groups
Recommendations
Jobs
Facebook facts
•   500m users (about 9.8m in Aust)
•   54% women, 46% men
•   70% users outside the US
•   40% users aged 25 or under, 37% aged 35 or over
•   Fastest growing category, women aged 55-65
•   40% follow a brand. 51% of these will purchase
    that brand
Business pages
•   Less detail than a personal page
•   GREAT way for business to reach consumers
•   Can advertise
•   Can customise
•   Make it interesting
•   Add links
•   Engage and listen to customers
•   Monitor your page for spam
•   Don’t use a personal page for business!
• Share where you are
• Connect with friends nearby
• Find local deals
Facebook deals
Try new things   Get together.   Find deals
 with friends.   Get rewards.    on the go.
Business pages
Online shopping - with facebook
Analytics
Users
How do I create a
  social media
   strategy ?
Integrate it into ALL
   your marketing
SOCIAL MEDIA DOES
 NOT STAND ALONE
Promote yourself
Measure what you do
• Quality vs quantity - it’s not all about
  numbers
• How often you engage
• Number and nature of comments
• Visits from links to your sites
• Sales or new opportunities or other
  business benefits
• Increased word of mouth
How to win...
•   Take it seriously
•   Choose the right platforms
•   Do what you are comfy doing
•   Be interesting
•   Don’t just talk about YOU
•   Move quickly
•   Be interactive
•   Invest time and money
•   Integrate social media with all your
    marketing
75% of SMEs
   don’t have a
social media policy
Case study - Clare Bowditch

• Singer/songwriter. Social commentator. Mother.
• Active and frequent social media user
• Talks to her fans
• Asks questions (and answers them!)
• Gives personal information
http://www.facebook.com/clarebowditch
http://www.myspace.com/clarebowditch
https://twitter.com/ClareBowditch
Thank you.

    @melkettle
www.melkettle.com.au

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Social Media for Biz, QAC, March 2011

  • 1. Business in the age of social media
  • 2.
  • 3. Doing what you have always done will no longer get you what you have always got
  • 4.
  • 5. “By 2011 90% of your sales will come from word of mouth or digital promotion” Seth Godin, 2009
  • 7.
  • 8.
  • 9. Social media facts • Social networking site usage grew 88 percent among Internet users aged 55-64 between April 2009 and May 2010 • In 2009, social gamers bought $2.2 billion in virtual goods; Predicted to increase to $6 billion by 2013 • 53.5% marketers use social media as part of their marketing strategy. Increased from 45% in 2009 • average Facebook user has 130 friends • More than 30% twitter users access twitter via their mobile phone • 77% of Internet users read blogs • 133 million blogs • MOBILE IS EXPLODING
  • 10. In Australia • 9.8 million on facebook • >1 million on LinkedIn • 1.1 million on twitter • MySpace decreasing numbers • Facebook - 19.3% pages viewed in Sept 2010. Compared to 7.4% Google • Average user spent 28 minutes and 58 seconds on facebook • 77% watched video content in Oct 2010 - 26% on mobile • 36% access internet via mobile phone in 2010 • 9% use their mobile phone to purchase • 5% total retail sales online in 2010, increasing by 12% on 2009 http://digitalmarketinglab.com.au
  • 11.
  • 12.
  • 14.
  • 15. Now communication is two-way And conversations are with many
  • 16. Media is now about creating an environment for convening and supporting groups. And enabling them to talk to each other.
  • 17. AND you have to give up control to enable a conversation
  • 18. It’s no longer B2B. It’s no longer B2C. It’s now P2P. Person 2 Person.
  • 19. Social media is: • Instant • Interactive • Accessible • Measurable • User generated content
  • 20. What does this mean for you?
  • 21. Social media is a fundamental shift in how we do business
  • 22. WHY? • Allows you to engage and connect with your customers • Gives you a greater online presence • Gives you greater brand credibility • Your competitors are there • Conversations are happening about your business and your industry whether you are there or not
  • 23.
  • 24.
  • 25. Twitter facts • 87% of all people are aware of twitter • 200 million registered accounts • 140 million tweets per day • 460,000 - average no. new accounts PER DAY last month • 27% log in every day and 37% log in via a mobile device • 52% update their status every day • 52% women • 25% follow a brand, 67% will purchase
  • 26.
  • 28. www.twitter.com GET STARTED NOW!
  • 29.
  • 30. Who do I follow? • Other artists • Your clients • People who might refer clients to you • Art gallerys, dealers, people who buy art, listen to music, are patrons, media, co-ops, • People who interest you! Food, wine, sport, business people, celebrities...
  • 31. What do I say?
  • 32.
  • 34.
  • 36. Share
  • 37. Congratulate people • 5. Congratulate people
  • 39. • 2. Let others know you are listening
  • 40. Tools to make it easier • 3rd party applications - Tweetdeck, Hootsuite • Mobile apps - Twitter, facebook, LinkedIn • Co-tweet • Shorten links - bit.ly, tiny.url • Add photos - twitpic, plixi.com
  • 41.
  • 42. LinkedIn facts • A new member joins every second • Over 100m members • 56% outside of USA • Nearly 2 billion people searches in 2010 • 80% of companies using LinkedIn as a primary tool to find employees • 69 of the Fortune 100 companies use LinkedIn as a hiring tool • More than 1 million Company Pages
  • 44. Benefits • A way of connecting with other professionals • Find, be introduced to and collaborate • Join groups • Be found for opportunities • Recruitment - find a job, find employees • Discover connections • Give and receive recommendations
  • 45. Me My connections = 522 2 degrees = 69,700+ 3 degrees away = 4,637,000+
  • 48. Jobs
  • 49.
  • 50. Facebook facts • 500m users (about 9.8m in Aust) • 54% women, 46% men • 70% users outside the US • 40% users aged 25 or under, 37% aged 35 or over • Fastest growing category, women aged 55-65 • 40% follow a brand. 51% of these will purchase that brand
  • 51. Business pages • Less detail than a personal page • GREAT way for business to reach consumers • Can advertise • Can customise • Make it interesting • Add links • Engage and listen to customers • Monitor your page for spam • Don’t use a personal page for business!
  • 52. • Share where you are • Connect with friends nearby • Find local deals
  • 53. Facebook deals Try new things Get together. Find deals with friends. Get rewards. on the go.
  • 55.
  • 56. Online shopping - with facebook
  • 58. Users
  • 59. How do I create a social media strategy ?
  • 60. Integrate it into ALL your marketing
  • 61.
  • 62. SOCIAL MEDIA DOES NOT STAND ALONE
  • 64. Measure what you do • Quality vs quantity - it’s not all about numbers • How often you engage • Number and nature of comments • Visits from links to your sites • Sales or new opportunities or other business benefits • Increased word of mouth
  • 65. How to win... • Take it seriously • Choose the right platforms • Do what you are comfy doing • Be interesting • Don’t just talk about YOU • Move quickly • Be interactive • Invest time and money • Integrate social media with all your marketing
  • 66. 75% of SMEs don’t have a social media policy
  • 67.
  • 68.
  • 69. Case study - Clare Bowditch • Singer/songwriter. Social commentator. Mother. • Active and frequent social media user • Talks to her fans • Asks questions (and answers them!) • Gives personal information
  • 70.
  • 74. Thank you. @melkettle www.melkettle.com.au

Hinweis der Redaktion

  1. \n
  2. \n
  3. The world is changing!\n
  4. \n
  5. A couple of years ago Marketing Guru Seth Godin said that by 2011 90% of your sales will come from word of mouth or digital promotion by 2011. Well guess what. It’s now 2011. And this is the now the reality. \nParticularly important when you consider that 78% consumers trust peer recommendations, Only 14% trust ads. \n\nThe most important thing for me about twitter is that it’s about communicating in real time. It allows you to get your message across without a delay and it allows you to engage with your customers, your suppliers and your target market without a time lag. A time lag that can leave you exposed and that can damage your reputation and your business. \nSocial media - and I’m focusing today on twitter - allows you to tell the story of your business minute by minute in real time. \nLet me put this in context. \nIn nearly 2 years on twitter I’ve tweeted more than 24,000 times. An average of about 36 times a day. At about 10 seconds per tweet, that’s about 6 minutes a day. Add to that the time I spend reading tweets, and it probably is about 30-45 minutes a day on average. Or about 3.5-5 hours a week. And some of that time is when I’m doing boring stuff - in the checkout line at the supermarket, stuck on hold on the phone, waiting for friends or clients. \nI follow just under 2,000 people and just under 3,000 people follow me. This doesn’t include the thousands of people who see what I tweet when my followers re-tweet what I’ve said. \n\n
  6. Social media is the #1 activity on the web\nAnd your competitors are allocating budgets to manage it\n
  7. \n
  8. \n
  9. \n
  10. \n
  11. \n
  12. \n
  13. \n
  14. \n
  15. \n
  16. \n
  17. \n
  18. \n
  19. \n
  20. \n
  21. \n
  22. \n
  23. \n
  24. \n
  25. \n
  26. \n
  27. \n
  28. \n
  29. this is actually the most important part of social media. We’ve been given two of these (ears) and one of these (mouth) so please, use them in proportion. And no, I don’t need to be told we have 10 fingers for typing. That’s not the point. \n\n
  30. Don’t be shy, start your own conversations\n\n
  31. Word of mouth marketing is becoming world of mouth marketing. 25% of search results for the world's top 20 largest brands are links to consumer generated content. \n\n78% consumers trust peer recommendations, Only 14% trust ads. \n\nWhat is your advertising spend for the next 12 months? Compared to your social media spend? \nJetstar announced that 40% of their marketing spend will be on social media \nOnly 18% of traditional TV campaigns generate a positive ROI\n90% of people who can skip TV ads do. \n
  32. Share\nShare. Don’t hoard. Anyone here in BNI? Remember giver’s gain? Sharing is something that so many organisations do poorly. And it’s something a lot of businesses are scared of because ooh their competitors might find out what they are doing. Seriously, if you are that worried about your competitors, then you’re in the wrong game. Share information on twitter - it’s a great way of making you look clever. And people want to do business with clever people. \n\n
  33. Congratulate people\n\n
  34. Ask and answer questions\n
  35. Say thank you. Even when people are bagging you. Once you’ve said thank you THEN you can work out what to do with the criticism. Which might be to ignore it, or listen to it or to do something about it. \n\n
  36. it means you need to get engaged, connect with your clients and your target market, communicate, collaborate, listen and share. \n
  37. And it’s being integrated into traditional marketing activities. \n
  38. Recent American research shows that 70% of local businesses are using Facebook to market their business and 37% of these rated Facebook as their most effective marketing tool \n\n
  39. Recent American research shows that 70% of local businesses are using Facebook to market their business and 37% of these rated Facebook as their most effective marketing tool \n\n
  40. Recent American research shows that 70% of local businesses are using Facebook to market their business and 37% of these rated Facebook as their most effective marketing tool \n\n
  41. Recent American research shows that 70% of local businesses are using Facebook to market their business and 37% of these rated Facebook as their most effective marketing tool \n\n
  42. Recent American research shows that 70% of local businesses are using Facebook to market their business and 37% of these rated Facebook as their most effective marketing tool \n\n
  43. If facebook is for catching up with people you used to know, Twitter is for networking with people you want to know \nTwitter is a real-time information network powered by people all around the world that lets you share and discover what’s happening now in 140 characters or less. \n\nFor example, at the moment between 7.30-8.30pm twitter is all about Masterchef. \n\n80% of twitter usage is outside twitter\n
  44. Who thinks its just about breakfast?\n\n
  45. \n
  46. \n
  47. \n
  48. \n
  49. \n
  50. \n
  51. \n
  52. \n
  53. \n
  54. Introduce yourself\nSay hello to new followers - especially if you would like to know them - use their name, refer to one of their previous tweets - this will show you’re not spamming. DO NOT send out auto generated direct messages to new followers! You will be unfollowed very quickly! \n\n
  55. Getting started\n
  56. Fill out your profile\nYou get 160 characters - use them wisely!\nLink to a website \nUse an appropriate image - either personal or biz\n
  57. Start to follow people. \nStart with your friends, clients, suppliers and competitors and their friends, clients and suppliers\nLook to see who interests you - follow your interests and your target market\n\nFor example, if you are a cafe in Brisbane look at following other cafes, your suppliers - of food, coffee, wine, tea etc, your customers, people in Brisbane such as food bloggers, people who tweet about food, journalists who write about food (start with @nataschamirisch)\n\n\n
  58. \n
  59. Don’t make it all about you\nDon’t be offensive, \nRemember your reputation can be quickly broken\nTwitter is public\nTwitter is searchable \nPeople do listen to what you say. And they judge you on it\n\n
  60. \n
  61. 100 million members in over 200 countries and territories around the world\nOver 1 million Australians\nWhen you join you create a profile that summarizes your skills and experiences. \nYou can invite people you know and trust to connect with you. Your network is your connections, your connection’s connections and the people they know. \n80% of companies using LinkedIn as a primary tool to find employees\n\n\n
  62. \n
  63. \nExecutives from all Fortune 500 companies are LinkedIn members\n\nWhen you join you create a profile that summarizes your skills and experiences. \n\nYou can invite people you know and trust to connect with you. Your network is your connections, your connection’s connections and the people they know. \n
  64. \n
  65. My connections are in 64 industries but: \n25% are in marketing and advertising\n12% in PR\n7% in IT\n\nit allows you to find, be introduced to, and collaborate with people in your industry who can help you professionally. \n\nI can look at the people my connections are connected with – and see who of their connections I might be wanting to do business with, or perhaps have pitched to. \n\nAnother practical way – if you are pitching for business don’t just google the person/company you are pitching too, do a LinkedIn search. See who of your connections has a connection to the people you want an intro to. \n\nThis also can work when recruiting. In fact, in the US, 80% of companies use LinkedIn is the #1 tool for recruitment today. \n \n
  66. \n
  67. \n
  68. \n
  69. Facebook \n8 million are in Australia\n53% are female\nFastest growing category is women aged 55-65\nFacebook gets more hits than any other website. Including google. \n\nMost people know facebook as a way of sharing information with friends but it also has excellent business applications - facebook is about connecting with people, many to many (vs one to one) . \nAverage user has 130 friends - think about this from a business perspective in terms of word of mouth\n\n
  70. \n
  71. \n
  72. \n
  73. \n
  74. \n
  75. \n
  76. \n
  77. \n
  78. \n
  79. Basically the same as any marketing strategy but you do need to decide what you want to use each for. EG I only use facebook for personal. \n\nSocial media is most effective when you:\nIntegrate it into your marketing mix - social media is not a strategy it is a tool \nUse a variety of social media tools for your online presence \nAs all social media is now picked up by Google spiders, look at how you can optimise content for keywords. \nSet objectives and measure its effectiveness – like any marketing activity, you should expect to receive a return on investment. \nPromote your social media presence to your networks and clients \nBe yourself, be authentic and be true to your brand \nEngage with your followers – don’t give them the hard sell\nSuccessful users of social media don’t constantly flog their products. They engage with their followers to share information, talk about achievements, offer incentives and prizes, share a “sneak peek” of a new product or feature to make users feel valued. \nFollow the 80:20 rule: 80% of your social media content should be about engaging –\nUpdate regularly\nShare your knowledge\n\n
  80. Basically the same as any marketing strategy but you do need to decide what you want to use each for. EG I only use facebook for personal. \n\nSocial media is most effective when you:\nIntegrate it into your marketing mix - social media is not a strategy it is a tool \nUse a variety of social media tools for your online presence \nAs all social media is now picked up by Google spiders, look at how you can optimise content for keywords. \nSet objectives and measure its effectiveness – like any marketing activity, you should expect to receive a return on investment. \nPromote your social media presence to your networks and clients \nBe yourself, be authentic and be true to your brand \nEngage with your followers – don’t give them the hard sell\nSuccessful users of social media don’t constantly flog their products. They engage with their followers to share information, talk about achievements, offer incentives and prizes, share a “sneak peek” of a new product or feature to make users feel valued. \nFollow the 80:20 rule: 80% of your social media content should be about engaging –\nUpdate regularly\nShare your knowledge\n\n
  81. Basically the same as any marketing strategy but you do need to decide what you want to use each for. EG I only use facebook for personal. \n\nSocial media is most effective when you:\nIntegrate it into your marketing mix - social media is not a strategy it is a tool \nUse a variety of social media tools for your online presence \nAs all social media is now picked up by Google spiders, look at how you can optimise content for keywords. \nSet objectives and measure its effectiveness – like any marketing activity, you should expect to receive a return on investment. \nPromote your social media presence to your networks and clients \nBe yourself, be authentic and be true to your brand \nEngage with your followers – don’t give them the hard sell\nSuccessful users of social media don’t constantly flog their products. They engage with their followers to share information, talk about achievements, offer incentives and prizes, share a “sneak peek” of a new product or feature to make users feel valued. \nFollow the 80:20 rule: 80% of your social media content should be about engaging –\nUpdate regularly\nShare your knowledge\n\n
  82. A few other things:\n\nIe tell everyone you know you are now using twitter, etc\nAdd your twitter, LinkedIn and facebook details to email signatures, \nUse your contact list to find people to follow (twitter) and to invite others to connect with you (LinkedIn)\nCross promote what you do eg tweet about a blog post, invite twitter followers to connect on LinkedIn and vv\nJoin groups on LinkedIn\n
  83. \n
  84. \n
  85. What does this mean? Regardless of whether you are going to use sm, if you have staff you need a sm policy. It needs to at the least, spell out who can say what and when regardless of whether they are using company or personal social media outlets. \n- responsible engagement\n- what you say will be public for a LONG TIME\n- full disclosure\n- don’t cite others without approval and respect copywrite\n- respect your audience\n- logo use (ie not without permission)\n\n
  86. \n
  87. No point banning social media - it’s mostly mobile!\n Keep it simple\n Link it to a code of conduct or media policy\n Who is approved to officially speak?\n Who is authorised to create social media accounts\n Set boundaries for personal content\n Guidelines on incorporating work into personal \n What is off limits? \n What can staff discuss on their networks?\n
  88. \n
  89. \n
  90. \n
  91. \n
  92. \n
  93. \n