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Financial Institutions
and Social Media
New Initiatives Based on Relationship Marketing
Relationship Marketing is About People, not
Technology




“New marketing is about relationships, not
about the medium.”
Ben Grossman
You Have to Nurture Long-Term Customer
Relationships


• Social Media shifted the traditional view of marketing from a
  sales driven approach to a people driven approach
• Relationship Marketing focuses on customer engagement
  and community building
• All marketing should support the building of the highest
  value on social networks: trust
Embrace the New Skills - Empathy and
Compassion



I’ve learned that people will forget what you said,
people will forget what you did,
but people will never forget how you made them feel.

Maya Angelou
People Are the Starting Point in Successful
Social Media Marketing

                                People


                               Objective


                                Strategy


                               Technology

  Source: Forrester Research
What Does this New Marketing Perspective
mean?

• We see a major shift in today’s marketing world which gives
  the power back to consumers
• The way we will do business in 2015 is exactly the same way
  business owners did business in 1930 – personal, authentic
  and community-based
• Adapting this change and including new platforms and
  technology to reach your target audience is key to success
Best Practices
Don’t Just Talk About Banking!
Don’t Just Talk About Banking!
Don’t Just Talk About Banking!
Show Your Community Engagement
Show Your Community Engagement
Show Your Community Engagement
Have a Good Content Mix




Source: Citi Bank
Have a Good Content Mix
Use Visual Guidance Elements in Your Content
Mix
Make Information More Interesting and
Include Strong Calls-To-Action




Source: Bank of America
Host Contests to Build Your Community
Host Contests to Build Your Community
Host Contests to Build Your Community




  Source: HSBC Student Facebook Fan Page
Make Your Offers Stand Out in the Daily
Content Flood
Post Something Different
Be Playful and Provide Useful Information
Use Social Media for Customer Happiness
Use Social Media for Customer Happiness
Start Your Relationship Marketing Now…


Like us on Facebook
www.facebook.com/justjumpmarketing

Talk to us on Twitter
@miriamchristof

Meet us for coffee
@Peets
Thank You for Jumping With Us




                    Miriam Christof
                    Cell: 781.366.5549
                    miriam.christof@gmail.com
                    Skype: miriam.christof

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Financial Institutions and Social Media Marketing