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Social Media
• Any web-based and mobile technology that turns
  communication into interactive dialogue.
• User generated content*

• “2012 is the year of content!” -Director of Social Media
  for Adobe Maria Poveromo




Social Media Defined
• Kietzmann et al. (2011) present a honeycomb framework
  that defines how social media services focus on some or
  all of seven functional building blocks
  •   Identity
  •   Conversations*
  •   Sharing
  •   Presence
  •   Relationships
  •   Reputation
  •   Groups




General Info
•   Speak With a Human Voice
•   Personalize It
•   Keep It Professional
•   Mind Your Manners
•   Listen And Respond
•   Know Your Audience
•   Offer Real Value
•   Act Impeccably
•   Don’t React Emotionally
•   Be Preemptive




Social Media Etiquette
http://www.business2community.com/social-media/what-is-proper-b2c-social-media-etiquette-053261
• Facebook tops Google for weekly traffic
  in the U.S
• As of June 2011 Facebook has 750
  Million users.

• YouTube is the 2nd largest search engine
  in the world.
• In four minutes and 26 seconds 100+
  hours of video will be uploaded to
  YouTube.

•   Video




    Stats
    http://techcrunch.com/2011/06/23/facebook-750-million-users//
    http://www.socialnomics.net/category/statistics/
•   You can reach customers that traditional marketing misses. (Traditional media makes
     assumptions about targets)

 •   You can learn more about your target audience, not only by their comments but also by
     studying visitor analytics.

 •   Build brand awareness and loyalty.

 •   Build relationships.

 •   You can get insights by reading posts and comments. It can help with market research.


 •   Social media marketing is cost-efficient in comparison with other marketing methods,
     even if you hire a dedicated team or outsource your social media content needs.




Pros
•   Time consuming. Content must be created, edited, approved and published; comments
    must be responded to and sites and pages must be maintained.

•   You lose some control of your marketing efforts. Anything you publish is up for grabs,
    and others can easily criticize you.

                                                                      “Bashtag”
•   Your return on investment is delayed.

•   No room for error




Cons
Slip-ups
Use social media in similar ways



• B2B prominently use blogs and LinkedIn
• B2C prominently uses Facebook
• Both used for lead generation
• B2B offer resources and knowledge and try and build
  relationships
• B2C offers more knowledge, engagement and entertainment
• B2B doesn’t advertise on social media sites the way B2C
  companies do




B2B and B2C
•   Ignoring the Social Media Reach of Your Business
•    Not Trying To Generate Leads
•   Thinking Social Media Will Replace Offline Marketing
•   Not Taking the Time to Measure B2B Social Media ROI
•   Blabbering About Boring Products
•   Hiring the Same Old Marketer
•   Failing to Understand the Nuances Between Social Networks
•   Not Budgeting Enough Time to Be Successful
•    Forgetting That Search Is the Glue That Holds B2B Social
    Media Strategies Together



Common B2B Failures
http://blog.hubspot.com/blog/tabid/6307/bid/30858/9-Common-and-Costly-B2B-Social-Media-Marketing-
Mistakes.aspx
American Express Open
Since 2007, AMEX OPEN has relied on its OPEN Forum to
provide business advice and insight. The social site includes a
blog with frequently updated content, and a large collection of
videos that users can rate and share via other social networking
channels. In the site’s “Idea Hub,” forum members can network
with one another and with industry experts, as well as customize
topics to their specific interests.

The social site has been extremely successful, increasing unique
visitors 525% over the past year – from 160,000 in December
2008 to nearly 1 million in December 2009.




      Good B2B examples
Cree
LED Manufacturer Cree is embracing social media to build awareness
and promote the benefits of LED technology, rather than directly sell
products.

At the center of its latest campaign, “LED Revolution,” is an
interactive social website. On the site, visitors can submit their bad
lighting photos to win LED recessed downlights. The site’s blog is
posted to almost daily, and humorous videos encourage visitors to,
“Break Your Fluorescent Shackles!”

Cree also leverages Facebook and Twitter in a push/pull approach for
the website.
•   Failing to Monitor
•   Expecting Instant Results
•   Failing to Invest Sufficient Resources
•   Focusing Internally
•   Not Building Networks or Using Syndication
•   Ignoring Synergy Between Different Media
    Campaigns




Common B2C Failures
http://www.business2community.com/trends-news/6-common-b2c-social-media-marketing-mistakes-0153
Ford
• Ford takes the social sharing component to
  the next level by not only asking their
  customers for their Ford stories, but also
  asking their community to share ideas
• Introducing your blog and your readers’
  comments to new viewers sets a welcoming
  and friendly first impression for any
  company.
• Photos are always a great way to attract new
  viewers and draw in existing audiences. In
  the image below Ford has added a Flickr
  widget to show off some of their latest
  photos, making their site more interactive
  and fun.



   Good examples of B2C
Zappos
One of the best engagement strategies I’ve seen on
Facebook is Zappos’ “Fan of the Week” contest. They
encourage fans to send in their photos with the Zappos box
and other fans get to vote on the best photo of the week.
What’s great is that Zappos highlights the fan of the week
by putting him or her in their wall image photo for all to
see. As seen below, this is definitely about putting your
customers first!

Their catchy saying, “Let’s be in a Like-Like
relationship,” shows they treat their potential
fans as equals, solidifying their relationships
even more.

Zappos is proving they care about building
relationships with their fans first.
Maintained company-related profiles on social networks:           Manage a community dedicated to customers or
B2B: 81%                                                          prospects:
B2C: 67%                                                          B2B: 49%
Participate in Twitter:                                           B2C: 51%
B2B: 75%                                                          Monitor/support user ratings and reviews:
B2C: 49%                                                          B2B: 49%
Host blog/s:                                                      B2C: 51%
B2B: 74%                                                          Produce Webinars or podcasts:
B2C: 55%                                                          B2B: 46%
Monitor brand mentions:                                           B2C: 22%
B2B: 73%                                                          Advertise on social networks:
B2C: 55%                                                          B2B: 42%
Engage in discussions:                                            B2C: 54%
B2B: 66%                                                          Utilize social bookmarking sites such as delicious and
B2C: 43%                                                          digg:
Participate in Q&A sites such as Yahoo Answers, LinkedIn,         B2B: 38%
forums:                                                           B2C: 21%
B2B: 59%
B2C: 44%
Upload content (social objects) to Social Networks:
B2B: 50%
B2C: 32%
Employee recruiting:
B2B: 36%
B2C: 27%




         B2B Better than B2C?
       http://www.briansolis.com/2010/01/the-business-of-social-media-b2b-and-b2c-engagement-by-the-numbers /
• Social Media is growing every day. There are new sites
  coming out almost daily.
• SXSW suggests these are the top 9 new social media sites to
  keep an eye on
     •   Path
     •   Highlight
     •   Sonar
     •   Banjo
     •   Glancee
     •   Localmind
     •   Fancy
     •   Forecast
     •   gogobot

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Social media powerpoint 1

  • 2. • Any web-based and mobile technology that turns communication into interactive dialogue. • User generated content* • “2012 is the year of content!” -Director of Social Media for Adobe Maria Poveromo Social Media Defined
  • 3. • Kietzmann et al. (2011) present a honeycomb framework that defines how social media services focus on some or all of seven functional building blocks • Identity • Conversations* • Sharing • Presence • Relationships • Reputation • Groups General Info
  • 4. Speak With a Human Voice • Personalize It • Keep It Professional • Mind Your Manners • Listen And Respond • Know Your Audience • Offer Real Value • Act Impeccably • Don’t React Emotionally • Be Preemptive Social Media Etiquette http://www.business2community.com/social-media/what-is-proper-b2c-social-media-etiquette-053261
  • 5. • Facebook tops Google for weekly traffic in the U.S • As of June 2011 Facebook has 750 Million users. • YouTube is the 2nd largest search engine in the world. • In four minutes and 26 seconds 100+ hours of video will be uploaded to YouTube. • Video Stats http://techcrunch.com/2011/06/23/facebook-750-million-users// http://www.socialnomics.net/category/statistics/
  • 6.
  • 7. You can reach customers that traditional marketing misses. (Traditional media makes assumptions about targets) • You can learn more about your target audience, not only by their comments but also by studying visitor analytics. • Build brand awareness and loyalty. • Build relationships. • You can get insights by reading posts and comments. It can help with market research. • Social media marketing is cost-efficient in comparison with other marketing methods, even if you hire a dedicated team or outsource your social media content needs. Pros
  • 8. Time consuming. Content must be created, edited, approved and published; comments must be responded to and sites and pages must be maintained. • You lose some control of your marketing efforts. Anything you publish is up for grabs, and others can easily criticize you. “Bashtag” • Your return on investment is delayed. • No room for error Cons
  • 10. Use social media in similar ways • B2B prominently use blogs and LinkedIn • B2C prominently uses Facebook • Both used for lead generation • B2B offer resources and knowledge and try and build relationships • B2C offers more knowledge, engagement and entertainment • B2B doesn’t advertise on social media sites the way B2C companies do B2B and B2C
  • 11.
  • 12. Ignoring the Social Media Reach of Your Business • Not Trying To Generate Leads • Thinking Social Media Will Replace Offline Marketing • Not Taking the Time to Measure B2B Social Media ROI • Blabbering About Boring Products • Hiring the Same Old Marketer • Failing to Understand the Nuances Between Social Networks • Not Budgeting Enough Time to Be Successful • Forgetting That Search Is the Glue That Holds B2B Social Media Strategies Together Common B2B Failures http://blog.hubspot.com/blog/tabid/6307/bid/30858/9-Common-and-Costly-B2B-Social-Media-Marketing- Mistakes.aspx
  • 13. American Express Open Since 2007, AMEX OPEN has relied on its OPEN Forum to provide business advice and insight. The social site includes a blog with frequently updated content, and a large collection of videos that users can rate and share via other social networking channels. In the site’s “Idea Hub,” forum members can network with one another and with industry experts, as well as customize topics to their specific interests. The social site has been extremely successful, increasing unique visitors 525% over the past year – from 160,000 in December 2008 to nearly 1 million in December 2009. Good B2B examples
  • 14. Cree LED Manufacturer Cree is embracing social media to build awareness and promote the benefits of LED technology, rather than directly sell products. At the center of its latest campaign, “LED Revolution,” is an interactive social website. On the site, visitors can submit their bad lighting photos to win LED recessed downlights. The site’s blog is posted to almost daily, and humorous videos encourage visitors to, “Break Your Fluorescent Shackles!” Cree also leverages Facebook and Twitter in a push/pull approach for the website.
  • 15. Failing to Monitor • Expecting Instant Results • Failing to Invest Sufficient Resources • Focusing Internally • Not Building Networks or Using Syndication • Ignoring Synergy Between Different Media Campaigns Common B2C Failures http://www.business2community.com/trends-news/6-common-b2c-social-media-marketing-mistakes-0153
  • 16. Ford • Ford takes the social sharing component to the next level by not only asking their customers for their Ford stories, but also asking their community to share ideas • Introducing your blog and your readers’ comments to new viewers sets a welcoming and friendly first impression for any company. • Photos are always a great way to attract new viewers and draw in existing audiences. In the image below Ford has added a Flickr widget to show off some of their latest photos, making their site more interactive and fun. Good examples of B2C
  • 17. Zappos One of the best engagement strategies I’ve seen on Facebook is Zappos’ “Fan of the Week” contest. They encourage fans to send in their photos with the Zappos box and other fans get to vote on the best photo of the week. What’s great is that Zappos highlights the fan of the week by putting him or her in their wall image photo for all to see. As seen below, this is definitely about putting your customers first! Their catchy saying, “Let’s be in a Like-Like relationship,” shows they treat their potential fans as equals, solidifying their relationships even more. Zappos is proving they care about building relationships with their fans first.
  • 18. Maintained company-related profiles on social networks: Manage a community dedicated to customers or B2B: 81% prospects: B2C: 67% B2B: 49% Participate in Twitter: B2C: 51% B2B: 75% Monitor/support user ratings and reviews: B2C: 49% B2B: 49% Host blog/s: B2C: 51% B2B: 74% Produce Webinars or podcasts: B2C: 55% B2B: 46% Monitor brand mentions: B2C: 22% B2B: 73% Advertise on social networks: B2C: 55% B2B: 42% Engage in discussions: B2C: 54% B2B: 66% Utilize social bookmarking sites such as delicious and B2C: 43% digg: Participate in Q&A sites such as Yahoo Answers, LinkedIn, B2B: 38% forums: B2C: 21% B2B: 59% B2C: 44% Upload content (social objects) to Social Networks: B2B: 50% B2C: 32% Employee recruiting: B2B: 36% B2C: 27% B2B Better than B2C? http://www.briansolis.com/2010/01/the-business-of-social-media-b2b-and-b2c-engagement-by-the-numbers /
  • 19. • Social Media is growing every day. There are new sites coming out almost daily. • SXSW suggests these are the top 9 new social media sites to keep an eye on • Path • Highlight • Sonar • Banjo • Glancee • Localmind • Fancy • Forecast • gogobot