Social Media - eh what now

Social Media –
Eh What’s Happening Now!!
             Conor Byrne


 CRM & Loyalty Meeting
     Friday 21st January 2012




  Meeting: 3rd of April 2012
Social Media - eh what now
80%             of our online
activity didn’t exist 5 years ago
“Social Media is the democratization of
   information, transforming people from
content readers into publishers. It is the shift
from a broadcast mechanism, one-to-many,
    to a many-to-many model, rooted in
conversations between authors, people, and
                   peers”
Brian Solis, principal at Altimeter Group, a research-based advisory firm.
State of Play



CRM & Loyalty Meeting
   Friday 21st January 2012




 Meeting: 3rd of April 2012
“Can we, just for a moment,
  Your Honour, ignore the
         FACTS!”
Social Media - eh what now
The total number of Facebook users in Ireland is
reaching   2,110,600
Social Media - eh what now
• Apx 200,000 accounts

• 30% of Irish Twitter Users check their
  accounts daily (IPSOS-MRBI)
Total LinkedIn Users:   613,906
Penetration of
population:             13.28%
Penetration of online
pop.:                   20.18%
• Google+ breaks 100 million users (1st Feb)

• Est: Google+ will reach about 400 million users by the
  end of 2012.

      Oct. 13, 40 Million   100 million   800 million
         ‘signed up’          ‘Active’      ‘Active’
Social Media - eh what now
• Over 10.4 million registered users
• 9 million monthly Facebook-
  connected users
• 2 million daily Facebook users,
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
Why use social media?



CRM & Loyalty Meeting
   Friday 21st January 2012




 Meeting: 3rd of April 2012
Why are big brands using social media?




                          Target     Creating
                        customers      buzz




                              Learn from
                              customers




McKinsey Report, 2012
Social Media - eh what now
Why should you use Social Media?

                     Multiplies your
                         reach

     Aligns strategy
                                       Generates
     with one online
                                       more traffic
         channel




                                        Helps you
     Humanises the
                                         connect
        brand
                                       emotionally

                       Increases
                       awareness
Loyalty                   Earn
               Create
                            nobody    Deliver on     money
              Members
                           can take   the brand       doing
                 Not
                          away from    promise     things that
              Customers
                             you                    dont exist


Helge Tenno
Social Media - eh what now
NGOS MOST TRUSTED INSTITUTION GLOBALLY




Trust (Edelman Baramoter)
What is Social Media?



CRM & Loyalty Meeting
   Friday 21st January 2012




 Meeting: 3rd of April 2012
Social Media - eh what now
Helge Tenno
Patrick McConville, iCan
What Social Media is not!



CRM & Loyalty Meeting
    Friday 21st January 2012




 Meeting: 3rd of April 2012
10,000 new Likes
2,000 new followers
10,000 new Likes
2,000 new followers
BMW has 9.5 million
fans

Renault ZE has less
than15,000 fans.

The brand with the
highest engagement
rate overall on
Facebook is Renault
ZE
BMW has 9.5 million
fans

Renault ZE has less
than15,000 fans.

The brand with the
highest engagement
rate overall on
Facebook is Renault
ZE
Social Media - eh what now
Marketing’s primary goal is to reach
   consumers at the moments, or
  touch points, that influence their
       purchasing behavior.
•   McKinsey Report, 2012
Influence the consumer



CRM & Loyalty Meeting
   Friday 21st January 2012




 Meeting: 3rd of April 2012
Social Media - eh what now
Social Media - eh what now
Monitor




             Knowing what’s said online about your
             products and services—should be a
             default social-media function, taking
             place constantly.

             You can glean insights from an
             effective monitoring program that
             informs everything from product design
             to marketing and provides advance
             warning of potentially negative
             publicity.



          McKinsey Report, 2012
Respond

             Pinpointing conversations (negative and
             positive) and responding at a personal
             level is a key part of social-media
             engagement.

             No response can be quick enough

             By responding rapidly, transparently, and
             honestly, companies can positively
             influence consumer sentiment and
             behaviour.




          McKinsey Report, 2012
Amplify

“Amplification” involves designing your
marketing activities to have an inherently
social motivator that spurs broader
engagement and sharing.

This approach means more than merely
reaching the end of planning a marketing
campaign and then thinking that “we
should do something social”

It means that the core concepts for campaigns must invite customers into an
experience that they can choose to extend by joining a conversation

It means offering experiences that customers will feel great about sharing,
because they gain a badge of honor by publicizing content that piques the
Interest of others.
Lead

Lead consumers toward long-term behavioral
changes.

In the early stages of the consumer decision
journey, this may involve boosting brand awareness
by driving Web traffic to content about existing
products and services.




                                        Marketers also can use social media to generate
                                        Buzz through product launches,

                                        In addition, when consumers are ready to buy,
                                        companies can promote time-sensitive targeted
                                        deals and offers through social media to
                                        generate traffic and sales.
The Sort of Strategy Slides!



  CRM & Loyalty Meeting
      Friday 21st January 2012




   Meeting: 3rd of April 2012
Social Media - eh what now
Social Media - eh what now
It’s essential for brands to understand why
and where different groups of consumers
participate in this new world.

Understand this and brands can create
campaigns, messages and communities
that consumers want to be part of,
spreading the message far and wide much
more effectively
                                 Source: Wave5 Report, 2010
Understand how the new consumer consumes

                               2. seeking brands they share a
                               common purpose with
                                                             3. collaborating in the
     1. consuming on demand – I                              creation process
     see therefore I buy

                                                                    4. bypassing mass brands in
   11. demanding instant                                            favour of niche, local & peer
   customer service
                                              buying &
                                             selling in a
                                                                      5. looking for more
    10. looking for social                     socially
                                                                      personalistion &
    relationships                            connected
                                                                      customisation
                                                world

                                                                      6. increasingly influenced by
         9. prioritising value over                                   “people like me”
         money – rent, borrow, barter
         vs. buy
                             8. seamless buying from        7. drawn to interactive & culturally
                             diverse touchpoints            engaging experiences



David Hayes, Cybercom
Social Technographs Ladder
Social Media - eh what now
Develop a Content Strategy




Determine what             Post this       Determine how
 your audience        valuable content    often they would
  would deem          at times that are   like to hear from
   valuable           valuable to them            you



          Know your voice         Be Authentic
Set KPI’s




Conversation Rate
                  Amplification Rate
# audience
comments /                        Applause Rate
                  # sharing of
post              you content /                   Conversion Rate
                                  # likes etc /
                  post            Post            Do we get
                                                  economic value
                                                  from the
                                                  network?
                                                  How many
                                                  assisted or last
                                                  click
                                                  conversions?



Patrik Svensson
Focus on the Platform that’s right for you
Optimize your site
and all other on
and offline marketing
to include links and
references to social
media sites
Execute
Social Media - eh what now
Measure




  Yes it is possible to
  measure.

  But you need to
  plan…..
Measure




Yes it is possible to measure. But you need to plan…..


      “we can measure the impact of social media well
     beyond straight volume and consumer-sentiment
      metrics; in fact, we can precisely determine the
      buzz surrounding a product or brand and then
       calculate how social media drives purchasing
     behavior. To do companies must coordinate data,
        tools, technology, and talent across multiple
                          functions.”
McKinsey, 2012
Set KPI’s




Conversation Rate
                  Amplification Rate
# audience
comments /                        Applause Rate
                  # sharing of
post              you content /                   Conversion Rate
                                  # likes etc /
                  post            Post            Do we get
                                                  economic value
                                                  from the
                                                  network?
                                                  How many
                                                  assisted or last
                                                  click
                                                  conversions?



Patrik Svensson
Some Practical......



CRM & Loyalty Meeting
   Friday 21st January 2012




 Meeting: 3rd of April 2012
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
By the end of
    2012
  77% of
consumers in
  Ireland will
    have a
 smartphone
Ignore
Mobile
  At
 Your
 Peril
Two Quick Examples



CRM & Loyalty Meeting
   Friday 21st January 2012




 Meeting: 3rd of April 2012
Social Media - eh what now
Social Media - eh what now
Social Media - eh what now
It Started as an idea
Social Networking Led to Social Connections that spread the message
       across these social networks




                                     100’s of
                 Paul Dervan      readers on his
                                      blog
                                                        Steve
                                      Social                           Grace App
Lisa            Damien Mulley                         Troughton
                                    influencer                         Developer
                                                        Smith

                    Nick              Twitter
                                                     10,000 euro
                  McGiveny           Lessons
Where next – get iphones into families hands

                 A win at the Blog Awards led to a new
                                 website


               story picked up by Gerry Ryan and Ireland
                                  AM


                         Twitter picked up on it



                         It was blogged about


               Actively approached journalists (with links
                      made through Social Media)
Set it FREE

To celebrate World Autism Day 2011 the app was sold for free for 3 days.
Through active social PR by 2.30pm it was trending. Lisa meticulously clicked
and thanked every RT!

Critical mass was achieved as Australia woke up and America started work - the
American Group 'Autism Speaks' retweeted and by morning the RTs were in the
Thousands

The blogs and facebook took on their own momentum.
Then Disaster Struck – well sort of

Apple approved an update that had been in review for 2 weeks....it tripped the
listing back to full price.!!

This required a huge PR campaign on blogs, Facebook and Twitter to tell people
this was an error and not to click until Apple set the app for Free again (and they
gave it free for another day)
Now what

•   About 15,500 app downloads
•   The app costs €20/$25

Lisa says

    ”being sustainable was as crucial as having social
     impact. If you cannot make a living then you cannot
        "do what you do" and you have to go and get
      another job. I'm doing what I love, I am good at it”
“Social Media connected me to the world in a
 way that a stay at home special needs mum
could never be. It gave me a new skill set and
 it turned me into an agent for social change,
      an entrepreneur and CEO of my own
                   destiny.”
Remember



CRM & Loyalty Meeting
   Friday 21st January 2012




 Meeting: 3rd of April 2012
Our social networks are hyper
     targeted at the most
   important people in the
           world……
Ourselves, our families and our friends
Helge Tenno
•   Develop relationships
•   Watch for editorial opportunities
•   Be simple and open
•   Interlink all your networks
•   Be useful
•   Be informative
• Be interesting
• Interact with people as much as
  you can (give feedback, engage into
 discussions, compliment them)
• Listen before you act
• Facilitate conversation, don’t
  dominate
• Actively converse
Social Media - eh what now
The internet facilitates and
   supports civic engagement, it:
          raises awareness
       educates those interested
                   &
        can mobilise groups by
“enhancing the flow of information across
   diverse members of the community”
                              (Kavanaugh et al., 2005, p.129).
Relationships are the key currency

Social media is a great way to build
 and maintain good relationships.
                              http://maynak.name
IT’S ABOUT
BEING
HUMAN
LISTENING
UNDERSTANDING
CONNECTING

David Hayes, Cybercom
It Pays Off
The relationship is apparent and significant:

 “socially engaged companies are more
          financially successful.

So now we know it pays to be social, but
  it is important to note that by “social,”
 we’re talking about deep engagement,
       not merely having a presence.”

                                 Altimiter ENGAGEMENTdb study
Some Resources
            socialmediaexaminer.com


            mashable.com


            krishnade.com


            socialmediatoday.com


            simplyzesty.com


            @FacebookGeek
Thank You



www.conorbyrne.wordpress.com
@conorbyrne
1 von 93

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Social Media - eh what now

  • 1. Social Media – Eh What’s Happening Now!! Conor Byrne CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 3. 80% of our online activity didn’t exist 5 years ago
  • 4. “Social Media is the democratization of information, transforming people from content readers into publishers. It is the shift from a broadcast mechanism, one-to-many, to a many-to-many model, rooted in conversations between authors, people, and peers” Brian Solis, principal at Altimeter Group, a research-based advisory firm.
  • 5. State of Play CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 6. “Can we, just for a moment, Your Honour, ignore the FACTS!”
  • 8. The total number of Facebook users in Ireland is reaching 2,110,600
  • 10. • Apx 200,000 accounts • 30% of Irish Twitter Users check their accounts daily (IPSOS-MRBI)
  • 11. Total LinkedIn Users: 613,906 Penetration of population: 13.28% Penetration of online pop.: 20.18%
  • 12. • Google+ breaks 100 million users (1st Feb) • Est: Google+ will reach about 400 million users by the end of 2012. Oct. 13, 40 Million 100 million 800 million ‘signed up’ ‘Active’ ‘Active’
  • 14. • Over 10.4 million registered users • 9 million monthly Facebook- connected users • 2 million daily Facebook users,
  • 18. Why use social media? CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 19. Why are big brands using social media? Target Creating customers buzz Learn from customers McKinsey Report, 2012
  • 21. Why should you use Social Media? Multiplies your reach Aligns strategy Generates with one online more traffic channel Helps you Humanises the connect brand emotionally Increases awareness
  • 22. Loyalty Earn Create nobody Deliver on money Members can take the brand doing Not away from promise things that Customers you dont exist Helge Tenno
  • 24. NGOS MOST TRUSTED INSTITUTION GLOBALLY Trust (Edelman Baramoter)
  • 25. What is Social Media? CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 29. What Social Media is not! CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 30. 10,000 new Likes 2,000 new followers
  • 31. 10,000 new Likes 2,000 new followers
  • 32. BMW has 9.5 million fans Renault ZE has less than15,000 fans. The brand with the highest engagement rate overall on Facebook is Renault ZE
  • 33. BMW has 9.5 million fans Renault ZE has less than15,000 fans. The brand with the highest engagement rate overall on Facebook is Renault ZE
  • 35. Marketing’s primary goal is to reach consumers at the moments, or touch points, that influence their purchasing behavior. • McKinsey Report, 2012
  • 36. Influence the consumer CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 39. Monitor Knowing what’s said online about your products and services—should be a default social-media function, taking place constantly. You can glean insights from an effective monitoring program that informs everything from product design to marketing and provides advance warning of potentially negative publicity. McKinsey Report, 2012
  • 40. Respond Pinpointing conversations (negative and positive) and responding at a personal level is a key part of social-media engagement. No response can be quick enough By responding rapidly, transparently, and honestly, companies can positively influence consumer sentiment and behaviour. McKinsey Report, 2012
  • 41. Amplify “Amplification” involves designing your marketing activities to have an inherently social motivator that spurs broader engagement and sharing. This approach means more than merely reaching the end of planning a marketing campaign and then thinking that “we should do something social” It means that the core concepts for campaigns must invite customers into an experience that they can choose to extend by joining a conversation It means offering experiences that customers will feel great about sharing, because they gain a badge of honor by publicizing content that piques the Interest of others.
  • 42. Lead Lead consumers toward long-term behavioral changes. In the early stages of the consumer decision journey, this may involve boosting brand awareness by driving Web traffic to content about existing products and services. Marketers also can use social media to generate Buzz through product launches, In addition, when consumers are ready to buy, companies can promote time-sensitive targeted deals and offers through social media to generate traffic and sales.
  • 43. The Sort of Strategy Slides! CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 46. It’s essential for brands to understand why and where different groups of consumers participate in this new world. Understand this and brands can create campaigns, messages and communities that consumers want to be part of, spreading the message far and wide much more effectively Source: Wave5 Report, 2010
  • 47. Understand how the new consumer consumes 2. seeking brands they share a common purpose with 3. collaborating in the 1. consuming on demand – I creation process see therefore I buy 4. bypassing mass brands in 11. demanding instant favour of niche, local & peer customer service buying & selling in a 5. looking for more 10. looking for social socially personalistion & relationships connected customisation world 6. increasingly influenced by 9. prioritising value over “people like me” money – rent, borrow, barter vs. buy 8. seamless buying from 7. drawn to interactive & culturally diverse touchpoints engaging experiences David Hayes, Cybercom
  • 50. Develop a Content Strategy Determine what Post this Determine how your audience valuable content often they would would deem at times that are like to hear from valuable valuable to them you Know your voice Be Authentic
  • 51. Set KPI’s Conversation Rate Amplification Rate # audience comments / Applause Rate # sharing of post you content / Conversion Rate # likes etc / post Post Do we get economic value from the network? How many assisted or last click conversions? Patrik Svensson
  • 52. Focus on the Platform that’s right for you
  • 53. Optimize your site and all other on and offline marketing to include links and references to social media sites
  • 56. Measure Yes it is possible to measure. But you need to plan…..
  • 57. Measure Yes it is possible to measure. But you need to plan….. “we can measure the impact of social media well beyond straight volume and consumer-sentiment metrics; in fact, we can precisely determine the buzz surrounding a product or brand and then calculate how social media drives purchasing behavior. To do companies must coordinate data, tools, technology, and talent across multiple functions.” McKinsey, 2012
  • 58. Set KPI’s Conversation Rate Amplification Rate # audience comments / Applause Rate # sharing of post you content / Conversion Rate # likes etc / post Post Do we get economic value from the network? How many assisted or last click conversions? Patrik Svensson
  • 59. Some Practical...... CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 68. By the end of 2012 77% of consumers in Ireland will have a smartphone
  • 69. Ignore Mobile At Your Peril
  • 70. Two Quick Examples CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 74. It Started as an idea
  • 75. Social Networking Led to Social Connections that spread the message across these social networks 100’s of Paul Dervan readers on his blog Steve Social Grace App Lisa Damien Mulley Troughton influencer Developer Smith Nick Twitter 10,000 euro McGiveny Lessons
  • 76. Where next – get iphones into families hands A win at the Blog Awards led to a new website story picked up by Gerry Ryan and Ireland AM Twitter picked up on it It was blogged about Actively approached journalists (with links made through Social Media)
  • 77. Set it FREE To celebrate World Autism Day 2011 the app was sold for free for 3 days. Through active social PR by 2.30pm it was trending. Lisa meticulously clicked and thanked every RT! Critical mass was achieved as Australia woke up and America started work - the American Group 'Autism Speaks' retweeted and by morning the RTs were in the Thousands The blogs and facebook took on their own momentum.
  • 78. Then Disaster Struck – well sort of Apple approved an update that had been in review for 2 weeks....it tripped the listing back to full price.!! This required a huge PR campaign on blogs, Facebook and Twitter to tell people this was an error and not to click until Apple set the app for Free again (and they gave it free for another day)
  • 79. Now what • About 15,500 app downloads • The app costs €20/$25 Lisa says ”being sustainable was as crucial as having social impact. If you cannot make a living then you cannot "do what you do" and you have to go and get another job. I'm doing what I love, I am good at it”
  • 80. “Social Media connected me to the world in a way that a stay at home special needs mum could never be. It gave me a new skill set and it turned me into an agent for social change, an entrepreneur and CEO of my own destiny.”
  • 81. Remember CRM & Loyalty Meeting Friday 21st January 2012 Meeting: 3rd of April 2012
  • 82. Our social networks are hyper targeted at the most important people in the world……
  • 83. Ourselves, our families and our friends
  • 85. Develop relationships • Watch for editorial opportunities • Be simple and open • Interlink all your networks • Be useful • Be informative
  • 86. • Be interesting • Interact with people as much as you can (give feedback, engage into discussions, compliment them) • Listen before you act • Facilitate conversation, don’t dominate • Actively converse
  • 88. The internet facilitates and supports civic engagement, it:  raises awareness educates those interested & can mobilise groups by “enhancing the flow of information across diverse members of the community” (Kavanaugh et al., 2005, p.129).
  • 89. Relationships are the key currency Social media is a great way to build and maintain good relationships. http://maynak.name
  • 91. It Pays Off The relationship is apparent and significant: “socially engaged companies are more financially successful. So now we know it pays to be social, but it is important to note that by “social,” we’re talking about deep engagement, not merely having a presence.” Altimiter ENGAGEMENTdb study
  • 92. Some Resources socialmediaexaminer.com mashable.com krishnade.com socialmediatoday.com simplyzesty.com @FacebookGeek