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Evolution of Social Media

     & Am I an addict?

Or is my parents investment
        paying off?

      Shane Lennon
        @VirtualCMO
My Social Media Profiles
      shane lennon > @VirtualCMO + @redshane
If lost access   Support my life   Utility from        Testing but >   Old Dormant
Go into                            time to time –
Meltdown                           Makes life easier




                        I have another 50 on the web plus
                          about 100 more on my iPhone
h"p://www.youtube.com/watch?v=lFZ0z5Fm-­‐Ng&feature=player_embedded#!	
  
	
  
 2000          	
   	
  2004   	
    	
  2007          	
   	
  2010
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
                	
                     	
               	
  
	
  
	
                Share photos,          	
  Share what   Share where
	
  
Share ideas         	
  updates          you’re doing       	
  you are
•
    What’s causing this change in
    social media?
    	
  
    	
  
           	
     GPS-Enabled Smartphones
Smartphone Affordability
Smartphone popularization




     2004              2010
Smartphone usage to exceed
	
  

flip phone in 2011
What is a Check-In?
Check-ins are social location
	
  
broadcasting and sharing
Check-ins connect friends and
	
  

venues
How to Check-In
Download a check-in application
	
  

to your smartphone
What applications (location-based
	
  
services) offer check-ins?
Check-in at restaurants, stores
Share check-ins on Twitter,
	
  

Facebook
Meet friends
Discover new venues
Earn badges
Become the mayor


                   Foursquare Mayor:

                   Customer with the most days
                   checked into your venue over
                   the last 60 days
Redeem Check-In Specials
Why check-in?
	
  
	
  
	
  
	
  

ßSocialize

ßEarn badges; Become the mayor

ßReceive offers
Location-Based
Marketing Overview
Check-Ins for Business

              Check-Ins Are:

       Customer Visits
         	
  
       	
  
       	
  

       Free Advertising
       	
  
       	
  

       Customer Data
        	
   	
  
Why do check-ins matter?
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
5 million users
	
  
	
  
	
  
	
  
	
  
+ 150,000 new users a
week
	
  
	
  
                        	
  Facebook
                                  opens
2,500 media mentions    check-ins to 500
weekly                  million members
Brands marketing through
	
  

location-based services
   Restaurants       Retailers
What is location-based marketing?

   Location enable marketers to target customers
   	
  according to real preferences at the right time
Goals of location-based
	
  

marketing

+ Repeat customer visits

+ New customer visits

+ Word of mouth awareness

+ Smarter marketing
Location-based marketing is
	
  

data and insights
• Where your customers are

• Where else do they visit

• How many friends they have

• Who they are (demographics)
Can you harness location data?
In other words …

         Timeliness
              +
       Personalization

    Customer Loyalty +
  Word of Mouth Marketing
What location-based marketing is not
5 Tips for Starting With
Location-Based Marketing
1. Claim venues and offer
specials to nearby customers
2. Deliver timely, relevant
 	
  
 messages to customers
Message customers when
they check in
	
  
• Goodwill
• Promotional / Bounce backs
• SMS/Email/Twitter


Benefits
• Affinity
• Future visits
• Retweets / Awareness
3. Automate personalized
       	
  
       marketing
Based on check-ins,          	
  
                                       	
  Examples
                             	
  
create personalized          	
  
                             	
  
                             	
  
messages for:
	
  
                             Send thank you messages and
	
                           special rewards to best
	
                           customers (that must be shared
	
  
	
                           – buy one get one free)
                             	
  
• Frequent customers
	
  
                             	
  
                             	
  
                             	
  
                             If a customer hasn’t visited in
• New customers
	
                           last 60 days, automatically send
                             coupon or offer.
• Lapsed customers
4. Identify your potential customers

Market to potential customers that visit
         competitors’ locations
5. Measure. Rinse. Repeat.
Bonus: Incorporate location data in
	
  
other marketing efforts
Send the right offers to the right people based
             on their check-in history
Thank you to the guys
at www.placepunch.com for
allowing me to use some of
their slides and information –
now for 2 slides on PlacePunch
Check them out!
PlacePunch connects your brand to
	
  
customers through location check-ins
               Your Brand
PlacePunch enables marketers to:


 ß Build check-in loyalty programs
 	
  
 	
  
 ß Send timely, relevant messages
 	
  
 	
  

 ß Build email list
 ß Learn about customers


www.placepunch.com

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Location Based Marketing & Social Media

  • 1. Evolution of Social Media & Am I an addict? Or is my parents investment paying off? Shane Lennon @VirtualCMO
  • 2. My Social Media Profiles shane lennon > @VirtualCMO + @redshane If lost access Support my life Utility from Testing but > Old Dormant Go into time to time – Meltdown Makes life easier I have another 50 on the web plus about 100 more on my iPhone
  • 4.  2000    2004    2007    2010                                                                                                                                                                                     Share photos,  Share what Share where   Share ideas  updates you’re doing  you are
  • 5. • What’s causing this change in social media?       GPS-Enabled Smartphones
  • 8. Smartphone usage to exceed   flip phone in 2011
  • 9. What is a Check-In?
  • 10. Check-ins are social location   broadcasting and sharing
  • 11. Check-ins connect friends and   venues
  • 13. Download a check-in application   to your smartphone
  • 14. What applications (location-based   services) offer check-ins?
  • 16. Share check-ins on Twitter,   Facebook
  • 20. Become the mayor Foursquare Mayor: Customer with the most days checked into your venue over the last 60 days
  • 22. Why check-in?         ßSocialize ßEarn badges; Become the mayor ßReceive offers
  • 24. Check-Ins for Business Check-Ins Are: Customer Visits       Free Advertising     Customer Data    
  • 25. Why do check-ins matter?                               5 million users           + 150,000 new users a week      Facebook opens 2,500 media mentions check-ins to 500 weekly million members
  • 26. Brands marketing through   location-based services Restaurants Retailers
  • 27. What is location-based marketing? Location enable marketers to target customers  according to real preferences at the right time
  • 28. Goals of location-based   marketing + Repeat customer visits + New customer visits + Word of mouth awareness + Smarter marketing
  • 29. Location-based marketing is   data and insights • Where your customers are • Where else do they visit • How many friends they have • Who they are (demographics)
  • 30. Can you harness location data?
  • 31. In other words … Timeliness + Personalization Customer Loyalty + Word of Mouth Marketing
  • 33. 5 Tips for Starting With Location-Based Marketing
  • 34. 1. Claim venues and offer specials to nearby customers
  • 35. 2. Deliver timely, relevant   messages to customers Message customers when they check in   • Goodwill • Promotional / Bounce backs • SMS/Email/Twitter Benefits • Affinity • Future visits • Retweets / Awareness
  • 36. 3. Automate personalized   marketing Based on check-ins,    Examples   create personalized       messages for:   Send thank you messages and   special rewards to best   customers (that must be shared     – buy one get one free)   • Frequent customers         If a customer hasn’t visited in • New customers   last 60 days, automatically send coupon or offer. • Lapsed customers
  • 37. 4. Identify your potential customers Market to potential customers that visit competitors’ locations
  • 39. Bonus: Incorporate location data in   other marketing efforts Send the right offers to the right people based on their check-in history
  • 40. Thank you to the guys at www.placepunch.com for allowing me to use some of their slides and information – now for 2 slides on PlacePunch Check them out!
  • 41. PlacePunch connects your brand to   customers through location check-ins Your Brand
  • 42. PlacePunch enables marketers to: ß Build check-in loyalty programs     ß Send timely, relevant messages     ß Build email list ß Learn about customers www.placepunch.com