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‘Creating the Buzz’
Social Media Strategies for
Sustained Business Growth

 Dr. Jim Hamill and Alan Stevenson
       jim.hamill@ukonline.co.uk
      ast3v3nson@googlemail.com



             June, 2010
Agenda

1.   Web 2.0/Social Media Overview

2.   Things to remember about Social Media

3.   Examples

4.   Social Media Monitoring Tools

5.   ‘Getting There’
What Is It?
 An over hyped ‘buzz’ word or an opportunity for ‘creating a
  buzz’ about your brand?

 It’s a fundamental, revolutionary change in online behaviour,
  expectations and the customer experience

 Major impact on consumer/B2B decision-making and
  behaviour across a broad spectrum of industries

 Major opportunities, but also threats, for your organisation
Web 2.0/Social Media

      An Overview

 » Applications
    » Features and Characteristics
       » Implications
Business/Marketing 2.0
Impact – Wikibusiness                                                Web 2.0 Applications

Mindset                                                              Open source
Business Intelligence                                                Online Applications/ Web Services
Customer Insight and Understanding                                   Social Network Sites
Customer Interaction                                                 Social Content – Social Bookmarking
Enhanced Customer Experience –                                       Blogs or Weblogs
       Rich Internet Applications                                    Wikis
Reputation Management                                                Podcasts/ Vodcasts
Sales and Marketing                                                  Virtual Realities
Product Development and R&D e.g.                                     Mash Ups
       engage and co-create                                          RSS Feeds
IT/Software/Applications                                             Mobile Web; Internet Telephony
Operations, Internal Processes and
                                     Characteristics                 Twitter
       HRM
                                     Communities and Networks
                                     Openness
                                     Sharing
                                     Peering
                                     Hosted Services – online
                                     applications; the Internet as
                                     the platform
                                     Interactivity
                                     Social Element
                                     Mass Collaboration
                                     Empowerment
                                     Global
www.mashable.com
Three Simple Questions

 Who are our customers?

 Where do they hang out in social media?

 How can we best engage with and energise them?
Business Impact/
 Opportunities
Business Impact
 Knowledge and Insight

 Engagement / Reputation Manag.

 Enhanced Customer Experience

 Sales and Marketing

 Operations/ Internal Processes
Business Impact    Knowledge Engagement Enhanced         Sales and   Operations/
                                     and Insight / Reputation Customer     Marketing     Internal
Social Media
                                                    Manag.    Experience                Processes
Application
Feeds & Alerts

Review and Recommendations Sites

Publishing

Microblogging

Social and Professional Networking

Multimedia Sharing

Rich Internet Applications

Social Bookmarking

Mobile & Internet Telephony

OpenSource & Hosted Apps
Things to Remember
 about Social Media
The Essence of Social Media
 It’s social
   – A key feature is online democracy – with content being provided
     by the network for the network – represents a fundamental and
     revolutionary change in online behaviour, expectations and the
     online customer experience. The end of the ‘read only’ internet


 Power shift
   – Social media empowers customers, empowers the network.
     Recognizing this shift is the cornerstone of future success


 Declining effectiveness of traditional approaches
   – Does anyone listen to sales/brand messages anymore?
Source: The Future of Advertising, APA, 17/02/09 as published on Slideshare
(www.slideshare.com)
The Essence of Social Media
 Pull v push
   – Consumers/users decide what information they wish to access


 New ‘mindsets’ are required
   – Marketing as a conversation with your customers, a conversation
     with your network – dialogue not broadcasting
   – But this is something that most of us are not very good at doing
   – We prefer ‘telling’ people


 SM ‘winners’ and ‘losers’
   – ‘Winners’ will be those organisations who fully utilise the
     interactive power of Web 2.0 technology for engaging with and
     energising customer and network relationships
The Essence of Social Media
 New performance measures
   – Requires new performance measures
      • Quality of your network
      • Relationship strength
      • Ability to leverage


 Social media monitoring tools

 Redefines the concept of a web site

 The need for new business/marketing models
Performance Measures - The ‘4Is’

   Involvement – network/community numbers/quality, time
    spent, frequency, geography
   Interaction – actions they take – read, post, comment,
    reviews, recommendations
   Intimacy – affection or aversion to the brand ; community
    sentiments, opinions expressed etc
   Influence – advocacy, viral forwards, referrals and
    recommendations, social bookmarking

Social Media Monitoring Tools –Audit, Assess, Impact
Business Impact
 The need for new business/marketing models

   – Traditional approach:
      • Product development – Differentiate – Market and
        Promote - Sell

   – New model based on:
      • Communities, networks, openness, peering, sharing,
        collaboration, customer empowerment, ‘think and act’
        globally
      • Engage and energise
      • ‘Create the Buzz’
How Big Is It?
How Big Is It?

 Time spent on social network sites is growing 3 times
  faster than the Net itself

 Social media messages have replaced e-mail as the
  dominant form of e-communications

 If facebook was a country – it would be the 4th most
  populated in the world

 93% of social media users think that companies should be
  actively engaged
How Big Is It?
   13 hours
     – Amount of video uploaded on youtube every minute

   412.3 years
     – Time to view all youtube videos

   100,000,000
     – Number of youtube videos viewed every day

   13,000,000
     – Number of articles on wikipedia

   3,600.000,000
     – Number of images on flickr
How Big Is It?
   1382%
     – Monthly growth of twitter

   3,000,000
     – Average number of tweets per day

   1,000,000,000
     – Amount of content shared on F/book every week

   5,000,000
     – Number of active Barrack Obama supporters across 15 social
        networks

   14,200,000
     – Views of the ‘Yes We Can’ video on youtube
How Big Is It?
Socialnomics 09
Quick Examples
In a Web 2.0 Era, the Brand Becomes the
    Customer Experience of the Brand

     A quick ‘personal experience’

             Dubai Hotel
From the web site
• This 5-star hotel and residence offers European hospitality
  with an unmistakable French touch. The hotel consists of 318
  beautifully appointed guest rooms/suites, while the residence
  offers 112 fully furnished and equipped deluxe Studios and 1-
  3 bedroom apartments.

• The ultimate in comfort, we offer 318 luxuriously elegant
  rooms and suites.

• Take a trip. Escape. Go and visit somewhere new and see if we
  are there… Give in to that irresistible wanderlust. Discovering
  and staying in the most exceptional hotels in the world has
  become the modern-day Graal, a game, a quest…
The Customer Experience
      of the Brand

      Tripadvisor
From Tripadvisor
• It's getting old, the rooms are unappealing and it will never be
  more than a business hotel

• Being a Sofitel hotel we expected something quite 'flashy'
  unfortunately we were let down. The rooms, although
  comfortable and clean, were not of the standard we expected
  and were definately not what we expected after looking at the
  photos on the hotel's website.

• Booking my stay via the Sofitel website after a pleasant
  experience at several other Sofitel locations over the past 2
  years with my new job I was looking forward to a 5 star luxury
  stay after a stressful business trip. My expectations were
  reasonable, however certainly not met by this hotel.
Cafe Gandolfi
Social Media
Monitoring Tools

A Case Example of
Cairngorm Brewery
Products & Services
•   7 Permanent Cask Ales / 8 Permanent Bottled Ales
•   12 Special Seasonal Ales in Cask
•   Website with online shopping for bottles & party barrels
•   Shop on site selling beers & merchandise (Mon-Sat)
•   Brewery Tours – twice daily & groups by arrangement
•   Events, Promotions and Tastings at Customers’ premises
Social Media Monitoring
Social Media Monitoring
Whose talking about us?
Whose talking about us?
Whose talking about us?
Whose talking about us?
Whose talking about us?
Whose talking about us?
Whose talking about us?
Session 3
‘Getting There’
Next Steps

 Get Involved
  – Google Alerts, Linkedin, Social Media Monitoring

 Learn more

 Develop a strategy

 Implement

 Monitor
Social Media
Development Cycle
SM Development Cycle
Ten Key Steps
 EVALUATE YOUR SOCIAL MEDIA LANDSCAPE
  – Applications, impact, customers, conversations, features and
    characteristics

 AGREE YOUR GENERIC SOCIAL MEDIA STRATEGY
  – Channels and depth of engagement

 KEY PERFORMANCE INDICATORS
  – Measuring success

 INTERNAL SOCIAL MEDIA AUDIT
  – Progress benchmarking

 READINESS TO ENGAGE
  – Are you ready to engage?
Ten Key Steps
 SOCIAL MEDIA STRATEGY DEVELOPMENT
  – Vision, strategy, objectives, targets, customers, key initiatives
    and actions

 CHANNEL ACTION PLANS
  – “Getting there”

 ORGANISATION, RESOURCE AND PEOPLE ISSUES
  – The key pillars of social media success

 IMPLEMENTATION
  – Professional project management for social media success

 MONITOR AND MEASURE
  – On-going performance measurement
Strategy Development
   Strategic objectives
   Targets
   Key performance indicators (KPIs)
   Customer segments
   The key social media actions and initiatives required for
    ‘getting there’
   Organisational, people and resource issues

Ensure that your social media strategy is fully aligned with and
 supportive of your overall strategic goals and objectives with
                 clear targets and ROI criteria
Continue the discussion at

  www.web2-0cpd.com
www.web2-0cpd.com
Bob Dylan
   Come gather 'round people
       Wherever you roam
       And don’t criticise
   What you can't understand
 Your sons and your daughters
   Are beyond your command
         Your old road is
           Rapidly agin‘
 Then you better start swimmin’
    Or you'll sink like a stone
For the times they are a-changin’
Thank You

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Social Media for Sustained Business Growth

  • 1. ‘Creating the Buzz’ Social Media Strategies for Sustained Business Growth Dr. Jim Hamill and Alan Stevenson jim.hamill@ukonline.co.uk ast3v3nson@googlemail.com June, 2010
  • 2.
  • 3. Agenda 1. Web 2.0/Social Media Overview 2. Things to remember about Social Media 3. Examples 4. Social Media Monitoring Tools 5. ‘Getting There’
  • 4. What Is It?  An over hyped ‘buzz’ word or an opportunity for ‘creating a buzz’ about your brand?  It’s a fundamental, revolutionary change in online behaviour, expectations and the customer experience  Major impact on consumer/B2B decision-making and behaviour across a broad spectrum of industries  Major opportunities, but also threats, for your organisation
  • 5. Web 2.0/Social Media An Overview » Applications » Features and Characteristics » Implications
  • 6. Business/Marketing 2.0 Impact – Wikibusiness Web 2.0 Applications Mindset Open source Business Intelligence Online Applications/ Web Services Customer Insight and Understanding Social Network Sites Customer Interaction Social Content – Social Bookmarking Enhanced Customer Experience – Blogs or Weblogs Rich Internet Applications Wikis Reputation Management Podcasts/ Vodcasts Sales and Marketing Virtual Realities Product Development and R&D e.g. Mash Ups engage and co-create RSS Feeds IT/Software/Applications Mobile Web; Internet Telephony Operations, Internal Processes and Characteristics Twitter HRM Communities and Networks Openness Sharing Peering Hosted Services – online applications; the Internet as the platform Interactivity Social Element Mass Collaboration Empowerment Global
  • 7.
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  • 10. Three Simple Questions  Who are our customers?  Where do they hang out in social media?  How can we best engage with and energise them?
  • 12. Business Impact  Knowledge and Insight  Engagement / Reputation Manag.  Enhanced Customer Experience  Sales and Marketing  Operations/ Internal Processes
  • 13. Business Impact Knowledge Engagement Enhanced Sales and Operations/ and Insight / Reputation Customer Marketing Internal Social Media Manag. Experience Processes Application Feeds & Alerts Review and Recommendations Sites Publishing Microblogging Social and Professional Networking Multimedia Sharing Rich Internet Applications Social Bookmarking Mobile & Internet Telephony OpenSource & Hosted Apps
  • 14. Things to Remember about Social Media
  • 15. The Essence of Social Media  It’s social – A key feature is online democracy – with content being provided by the network for the network – represents a fundamental and revolutionary change in online behaviour, expectations and the online customer experience. The end of the ‘read only’ internet  Power shift – Social media empowers customers, empowers the network. Recognizing this shift is the cornerstone of future success  Declining effectiveness of traditional approaches – Does anyone listen to sales/brand messages anymore?
  • 16. Source: The Future of Advertising, APA, 17/02/09 as published on Slideshare (www.slideshare.com)
  • 17.
  • 18. The Essence of Social Media  Pull v push – Consumers/users decide what information they wish to access  New ‘mindsets’ are required – Marketing as a conversation with your customers, a conversation with your network – dialogue not broadcasting – But this is something that most of us are not very good at doing – We prefer ‘telling’ people  SM ‘winners’ and ‘losers’ – ‘Winners’ will be those organisations who fully utilise the interactive power of Web 2.0 technology for engaging with and energising customer and network relationships
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  • 21. The Essence of Social Media  New performance measures – Requires new performance measures • Quality of your network • Relationship strength • Ability to leverage  Social media monitoring tools  Redefines the concept of a web site  The need for new business/marketing models
  • 22. Performance Measures - The ‘4Is’  Involvement – network/community numbers/quality, time spent, frequency, geography  Interaction – actions they take – read, post, comment, reviews, recommendations  Intimacy – affection or aversion to the brand ; community sentiments, opinions expressed etc  Influence – advocacy, viral forwards, referrals and recommendations, social bookmarking Social Media Monitoring Tools –Audit, Assess, Impact
  • 23.
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  • 25. Business Impact  The need for new business/marketing models – Traditional approach: • Product development – Differentiate – Market and Promote - Sell – New model based on: • Communities, networks, openness, peering, sharing, collaboration, customer empowerment, ‘think and act’ globally • Engage and energise • ‘Create the Buzz’
  • 26. How Big Is It?
  • 27. How Big Is It?  Time spent on social network sites is growing 3 times faster than the Net itself  Social media messages have replaced e-mail as the dominant form of e-communications  If facebook was a country – it would be the 4th most populated in the world  93% of social media users think that companies should be actively engaged
  • 28. How Big Is It?  13 hours – Amount of video uploaded on youtube every minute  412.3 years – Time to view all youtube videos  100,000,000 – Number of youtube videos viewed every day  13,000,000 – Number of articles on wikipedia  3,600.000,000 – Number of images on flickr
  • 29. How Big Is It?  1382% – Monthly growth of twitter  3,000,000 – Average number of tweets per day  1,000,000,000 – Amount of content shared on F/book every week  5,000,000 – Number of active Barrack Obama supporters across 15 social networks  14,200,000 – Views of the ‘Yes We Can’ video on youtube
  • 30. How Big Is It?
  • 33. In a Web 2.0 Era, the Brand Becomes the Customer Experience of the Brand A quick ‘personal experience’ Dubai Hotel
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  • 39. From the web site • This 5-star hotel and residence offers European hospitality with an unmistakable French touch. The hotel consists of 318 beautifully appointed guest rooms/suites, while the residence offers 112 fully furnished and equipped deluxe Studios and 1- 3 bedroom apartments. • The ultimate in comfort, we offer 318 luxuriously elegant rooms and suites. • Take a trip. Escape. Go and visit somewhere new and see if we are there… Give in to that irresistible wanderlust. Discovering and staying in the most exceptional hotels in the world has become the modern-day Graal, a game, a quest…
  • 40. The Customer Experience of the Brand Tripadvisor
  • 41. From Tripadvisor • It's getting old, the rooms are unappealing and it will never be more than a business hotel • Being a Sofitel hotel we expected something quite 'flashy' unfortunately we were let down. The rooms, although comfortable and clean, were not of the standard we expected and were definately not what we expected after looking at the photos on the hotel's website. • Booking my stay via the Sofitel website after a pleasant experience at several other Sofitel locations over the past 2 years with my new job I was looking forward to a 5 star luxury stay after a stressful business trip. My expectations were reasonable, however certainly not met by this hotel.
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  • 68.
  • 69. Social Media Monitoring Tools A Case Example of Cairngorm Brewery
  • 70. Products & Services • 7 Permanent Cask Ales / 8 Permanent Bottled Ales • 12 Special Seasonal Ales in Cask • Website with online shopping for bottles & party barrels • Shop on site selling beers & merchandise (Mon-Sat) • Brewery Tours – twice daily & groups by arrangement • Events, Promotions and Tastings at Customers’ premises
  • 81. Next Steps  Get Involved – Google Alerts, Linkedin, Social Media Monitoring  Learn more  Develop a strategy  Implement  Monitor
  • 84. Ten Key Steps  EVALUATE YOUR SOCIAL MEDIA LANDSCAPE – Applications, impact, customers, conversations, features and characteristics  AGREE YOUR GENERIC SOCIAL MEDIA STRATEGY – Channels and depth of engagement  KEY PERFORMANCE INDICATORS – Measuring success  INTERNAL SOCIAL MEDIA AUDIT – Progress benchmarking  READINESS TO ENGAGE – Are you ready to engage?
  • 85. Ten Key Steps  SOCIAL MEDIA STRATEGY DEVELOPMENT – Vision, strategy, objectives, targets, customers, key initiatives and actions  CHANNEL ACTION PLANS – “Getting there”  ORGANISATION, RESOURCE AND PEOPLE ISSUES – The key pillars of social media success  IMPLEMENTATION – Professional project management for social media success  MONITOR AND MEASURE – On-going performance measurement
  • 86. Strategy Development  Strategic objectives  Targets  Key performance indicators (KPIs)  Customer segments  The key social media actions and initiatives required for ‘getting there’  Organisational, people and resource issues Ensure that your social media strategy is fully aligned with and supportive of your overall strategic goals and objectives with clear targets and ROI criteria
  • 87. Continue the discussion at www.web2-0cpd.com
  • 89. Bob Dylan Come gather 'round people Wherever you roam And don’t criticise What you can't understand Your sons and your daughters Are beyond your command Your old road is Rapidly agin‘ Then you better start swimmin’ Or you'll sink like a stone For the times they are a-changin’

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