Helen Casey, Director of Legacy Portfolio
Social Media - a communication revolution or
the death of quality face to face relationships?
What am I going to cover today?
• Examples of Social Media
• Is Social Media a new age marketing gimmick or a savvy business tool?
• How relevant is Social Media for property professionals?
• What will happen to traditional face to face relationships?
• What can you expect in terms of costs and ROI’s? How are these measured?
• My Top Tips to achieve Social Media success
Examples of Social Media
Twitter is ‘The drug’ of Davos, Katie Roberts, PSI
17,000 tweets posted by ¼ of attendees
Barack’s ‘hangout’ – 227,000 participants
Barack’s social network – mybarackobama.com
A new age marketing gimmick or a savvy business tool?
• Marketing Tool
Advertise company services, results and achievements
Enhance brand awareness to targeted audience
Improve search engine optimisation
Project company personality and values and determine how your company is viewed
A new age marketing gimmick or a savvy business tool?
• Business Tool
Wider opportunities to develop relationships with new and existing clients
Greater intercompany collaboration
Gain competitive advantage
Slick business development applications
Infinite knowledge centre for all
All platforms are mobile
Success = a Social Media strategy that reflects your businesses objectives
My Social Media strategy
• Increase brand awareness
Objectives • Enhance workplace cohesion
• Build your network What characterises
your target audience?
• Build a following on Twitter
Strategy • Use SharePoint to communicate on projects
• Utilise LinkedIn functions to meet your target clients
• A Twitter account
Set Up • A SharePoint account
• A LinkedIn account
• Post links with useful content
Engage • Create a hub for your team to collaborate
• Join and participate in groups
• Add your Twitter name to your email signature
Leverage • Ask others for their social media credential Which strategy will be most effective in
• Add LinkedIn to your business card
helping you reach your objectives?
• Hootsuite
Measure • Likes, hits, comments
• Personal Feedback
How relevant is Social Media for property professionals?
• Share ideas, knowledge and become a thought leader by “Social Media is without doubt the
engaging with a wider network via LinkedIn, Twitter, Blogs quickest and most direct method
of getting our message across to
our clients and potential clients.
• Collaborate with colleagues, wider teams and partner firms in Within 30 seconds of posting
‘real time’ via SharePoint and LinkedIn groups something the other day I had a
CFO respond asking for more
• Build engagement in your team and beyond to enhance information. However content
must be short, accurate and to the
productivity
point.”
• Gain competitive advantage, attract and retain top talent
• Manage positive and negative press Matthew Stone, Partner
Cushman & Wakefield
• Better understand and keep up with your clients
Case study one
@JLLNews
How can I market
Legacy USA from
London? @DukeLong
@CREPoint
Results
• New network of contacts
• Maintained relationships
• Marketing opportunities
• Thought leader
Case study two
• Exhibit a strong profile using available tools
FACTS
• Build on existing relationships Legacy has over 1000 connections
25,000 new potential connections
• Connect following meetings/events
in the past 5 days
• Regularly assess connections in your network 5 new clients have found us on
LinkedIn through searches
• Get to know your contacts, use info to engage with them
• Use as a soft contact tool
• Introduce and recommend others
What will happen to traditional face to face relationships?
• Business relationships require nurturing and personal
investment
• Meeting face to face will continue to underpin such
relationships
• Use Social Media platforms wisely to enhance and develop
relationships
• Download apps for your smartphone and tablet computers to accelerate usability
• Manage your Social Media platforms using tools available, e.g. Hootsuite, Tweetdeck
What are the costs and ROI’s? How can these be measured?
• No direct costs, only a cost to your HIGHLY valuable time
• Returns based on measureable objectives
• Direct sales results
• Measurement tools: Sprout social, bit.ly, Google Analytics, HootSuite, personal feedback
• Governance and control is essential
My top tips for Social Media success
What you should do What you shouldn’t do
1. Work to a strategy that fits in with your 1. Sign up to all of the social media platforms
business or personal objectives all at once
2. Focus on one Social Media platform at a 2. Use it to blast marketing posts, rather than
time and understand how it can work to communicate and build relationships
achieve your aims
3. Set up profiles and not update them
3. Review, review, review
4. Be impersonal
4. Be human
5. Ignore social media
5. Share useful content