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EMERGING AND SOCIAL
MEDIA IN THE MARKETPLACE
MARQUETTE UNIVERSITY / SPRING 2012 / #ADPR4300
RE: SOCIAL SHARING

             WHAT IS A SOCIAL BUSINESS?


AGENDA   /
         /   CLASS DISCUSSION

             CASE STUDIES

             MID-TERM ASSIGNMENT

             QUESTIONS




         2
RE: SOCIAL SHARING
QUESTIONS ON BOOKMARKING, SOCIAL NEWS, SOCIAL SHARING




                                   3
SOCIAL SHARING + BOOKMARKING
What are the benefits of social bookmarking?

     • Allows the storage, management, organization and searching for
       bookmarks, resources, or assets.
     • Creates inbound links to your content when in turn drives traffic,
       increases your page ranking, and encourages sharing.
     • Distributes content across a variety of services and sites.


What are the benefits of social sharing?

     • Quick and effective way to promote and spread content.
     • Increases visibility, awareness and influence.




                                       4
WHAT DEFINES A SOCIAL
BUSINESS?
DELIVERING ON SOCIAL DNA




                           5
6
SOCIAL BUSINESS
Often referenced as a “social business”, “social enterprise” or “enterprise
2.0”. It’s not just about social media, but about a new era of collaboration.

     • An organization that has put in place the strategies, technologies
       and processes to systematically engage all the individuals of its
       ecosystem (employees, customers, partners, suppliers) to maximize
       the co-created value.
     • “A social business isn’t a company that just has a Facebook page
       and a Twitter account. Social business means that every
       department, from HR to marketing to product development to
       customer service to sales, uses social media the way it uses any
       other tool and channel to do its job.”




                                        7
SOCIAL BUSINESS
Ethan McCarty, Senior Manager of Digital and Social Strategy at IBM:

     •   Social media will be dwarfed by social business.
     •   People do business with people, not companies.
     •   Your employees need to be digital citizens, too.
     •   You don’t need to eat the whole social business elephant in one bite.
     •   A social business can be a good business, too.
     •   Enough already with the useless email chains.
     •   It’s okay to fail as long as you do it quickly.




                                        8
“To be a social enterprise, a company needs
to embrace transparency as a guiding
principle for business and engage in
conversations with customers whenever and
wherever they are talking.”

Wendy Lea, CEO
GetSatisfaction.com
SOCIAL
                                     CUSTOMER
 CUSTOMER                                                                     SOCIAL
SATISFACTION                                                                LISTENING
                                          SALES
                                        ADVOCACY
                                     PRODUCT FEEDBACK




                                        VALUE
                                       CREATION

                 SOCIAL                                   SOCIAL
                BUSINESS                                  BRAND
                                                           ENGAGEMENT
                 BRAND ENABLEMENT
                                                        PRODUCT DISCOUNTS
                PRODUCT INNOVATION
                                                        RELEVANT CONTENT
               PROCESS IMPROVEMENT
                                                         CUSTOMER SERVICE




                                     WORK FLOW
                                      PROCESS
CALL VOLUME


PROBLEMS                 PRODUCTS




              VALUE
             CREATION




PROCESS                  RETENTION



            REVENUE
SOCIAL BUSINESS




                  12
CLASS DISCUSSION
HOW DO YOU THINK A BUSINESS CAN BENEFIT FROM BEING MORE SOCIAL?




                                   13
14
SOCIAL BUSINESS CASE STUDIES
BRAND: AT&T

 •   Moving Beyond Social Media
      • Opportunity to collaborate, brain storm,
        and provide up-to-the-moment content
        for people in the field.
      • Wikis growing faster than any other tool
        for people in customer service and techs
        in the field.

 •   Saving $80 Million in Productivity
      • Social media profiles and collaboration
        tools to help AT&T benefit internally and
        externally.

                                       15
SOCIAL BUSINESS CASE STUDIES
BRAND: Domino’s Pizza

  •   Employees on YouTube
       • In 2009, employees recorded
         themselves doing disgusting things.
       • Poor crisis management.


  •   Reinvented the Brand
       • Improved product.
       • Transparency.
       • Encouraged conversation.
       • Real-time monitoring.




                                       16
SOCIAL BUSINESS CASE STUDIES
BRAND: Mint.com

 •   Improved Customer Service and Support
       • Within the first 90 days of implementing
         Get Satisfaction, Intuit's Mint.com
         reported a 75% decrease in weekly
         support tickets.
       • Self-serve community based support
         forum that gives consumer the
         opportunity to share feedback and index
         questions and responses.




                                       17
SOCIAL BUSINESS CASE STUDIES
BRAND: Victors and Spoils

  •   Crowd Sourcing Creative Development
       • Creative agency that is using consumer-
         created work to expand their team and
         generate more ideas for brands.

  •   Harley-Davidson
       • Cages" is a concept that comes out of
         the motorcycle lifestyle ... typically it
         meant no cars.
       • The crowd and Victors & Spoils took
         "cages" and make it more about
         liberation from your boring life.

                                          18
SOCIAL BUSINESS CASE STUDIES




                      19
ASSIGNMENT
FEBRUARY 8, 2012




                   20
ASSIGNMENT
February 8, 2012

  • Guest Speaker
     • Submit any questions you have for Sarah Van Elzen
       (@SarahVanElzen) and connect with her in social channels.
  • Blog Entries + Comments
     • Read class members’ blogs by end of week and comment at least
       twice. (Submit links on D2L).
  • Twitter
     • Don’t forget to participate in sharing content on Twitter using the
       #ADPR4300 hashtag. (At least twice a week)
  • Readings
     • Check D2L for appropriate links.




                                      21
ASSIGNMENT
February 8, 2012

  •   Mid-term Exam
       • Teams of three, will need to select a brand for approval by next
         Wednesday.
       • Research potential brands and companies.
       • Collect and analyze the information about the brand or company
         how they are expanding social and emerging media from a channel
         to a piece of their workflow and business units.
       • Describe the problem / opportunity, provide a background on the
         company or brand, provide any information on the audience, results
         and any conclusion on the efforts.
       • Will have a full assignment document on D2L next week for
         Monday.

                                       22
QUESTIONS




            23

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ADPR4300 - Session 7 - Spring 2012

  • 1. EMERGING AND SOCIAL MEDIA IN THE MARKETPLACE MARQUETTE UNIVERSITY / SPRING 2012 / #ADPR4300
  • 2. RE: SOCIAL SHARING WHAT IS A SOCIAL BUSINESS? AGENDA / / CLASS DISCUSSION CASE STUDIES MID-TERM ASSIGNMENT QUESTIONS 2
  • 3. RE: SOCIAL SHARING QUESTIONS ON BOOKMARKING, SOCIAL NEWS, SOCIAL SHARING 3
  • 4. SOCIAL SHARING + BOOKMARKING What are the benefits of social bookmarking? • Allows the storage, management, organization and searching for bookmarks, resources, or assets. • Creates inbound links to your content when in turn drives traffic, increases your page ranking, and encourages sharing. • Distributes content across a variety of services and sites. What are the benefits of social sharing? • Quick and effective way to promote and spread content. • Increases visibility, awareness and influence. 4
  • 5. WHAT DEFINES A SOCIAL BUSINESS? DELIVERING ON SOCIAL DNA 5
  • 6. 6
  • 7. SOCIAL BUSINESS Often referenced as a “social business”, “social enterprise” or “enterprise 2.0”. It’s not just about social media, but about a new era of collaboration. • An organization that has put in place the strategies, technologies and processes to systematically engage all the individuals of its ecosystem (employees, customers, partners, suppliers) to maximize the co-created value. • “A social business isn’t a company that just has a Facebook page and a Twitter account. Social business means that every department, from HR to marketing to product development to customer service to sales, uses social media the way it uses any other tool and channel to do its job.” 7
  • 8. SOCIAL BUSINESS Ethan McCarty, Senior Manager of Digital and Social Strategy at IBM: • Social media will be dwarfed by social business. • People do business with people, not companies. • Your employees need to be digital citizens, too. • You don’t need to eat the whole social business elephant in one bite. • A social business can be a good business, too. • Enough already with the useless email chains. • It’s okay to fail as long as you do it quickly. 8
  • 9. “To be a social enterprise, a company needs to embrace transparency as a guiding principle for business and engage in conversations with customers whenever and wherever they are talking.” Wendy Lea, CEO GetSatisfaction.com
  • 10. SOCIAL CUSTOMER CUSTOMER SOCIAL SATISFACTION LISTENING SALES ADVOCACY PRODUCT FEEDBACK VALUE CREATION SOCIAL SOCIAL BUSINESS BRAND ENGAGEMENT BRAND ENABLEMENT PRODUCT DISCOUNTS PRODUCT INNOVATION RELEVANT CONTENT PROCESS IMPROVEMENT CUSTOMER SERVICE WORK FLOW PROCESS
  • 11. CALL VOLUME PROBLEMS PRODUCTS VALUE CREATION PROCESS RETENTION REVENUE
  • 13. CLASS DISCUSSION HOW DO YOU THINK A BUSINESS CAN BENEFIT FROM BEING MORE SOCIAL? 13
  • 14. 14
  • 15. SOCIAL BUSINESS CASE STUDIES BRAND: AT&T • Moving Beyond Social Media • Opportunity to collaborate, brain storm, and provide up-to-the-moment content for people in the field. • Wikis growing faster than any other tool for people in customer service and techs in the field. • Saving $80 Million in Productivity • Social media profiles and collaboration tools to help AT&T benefit internally and externally. 15
  • 16. SOCIAL BUSINESS CASE STUDIES BRAND: Domino’s Pizza • Employees on YouTube • In 2009, employees recorded themselves doing disgusting things. • Poor crisis management. • Reinvented the Brand • Improved product. • Transparency. • Encouraged conversation. • Real-time monitoring. 16
  • 17. SOCIAL BUSINESS CASE STUDIES BRAND: Mint.com • Improved Customer Service and Support • Within the first 90 days of implementing Get Satisfaction, Intuit's Mint.com reported a 75% decrease in weekly support tickets. • Self-serve community based support forum that gives consumer the opportunity to share feedback and index questions and responses. 17
  • 18. SOCIAL BUSINESS CASE STUDIES BRAND: Victors and Spoils • Crowd Sourcing Creative Development • Creative agency that is using consumer- created work to expand their team and generate more ideas for brands. • Harley-Davidson • Cages" is a concept that comes out of the motorcycle lifestyle ... typically it meant no cars. • The crowd and Victors & Spoils took "cages" and make it more about liberation from your boring life. 18
  • 19. SOCIAL BUSINESS CASE STUDIES 19
  • 21. ASSIGNMENT February 8, 2012 • Guest Speaker • Submit any questions you have for Sarah Van Elzen (@SarahVanElzen) and connect with her in social channels. • Blog Entries + Comments • Read class members’ blogs by end of week and comment at least twice. (Submit links on D2L). • Twitter • Don’t forget to participate in sharing content on Twitter using the #ADPR4300 hashtag. (At least twice a week) • Readings • Check D2L for appropriate links. 21
  • 22. ASSIGNMENT February 8, 2012 • Mid-term Exam • Teams of three, will need to select a brand for approval by next Wednesday. • Research potential brands and companies. • Collect and analyze the information about the brand or company how they are expanding social and emerging media from a channel to a piece of their workflow and business units. • Describe the problem / opportunity, provide a background on the company or brand, provide any information on the audience, results and any conclusion on the efforts. • Will have a full assignment document on D2L next week for Monday. 22
  • 23. QUESTIONS 23