The LEADERship Presentation 4/14/11:
What You Don’t Know About Social Media Could be Killing Your Business
Presented by Tracy Gosson and Hollis Thomases
3. Social Media vs. Social Networking Social Media Broad term Social Media is a Channel More one-way communication Focus is on content generation & consumption Social Networking More specific term Social Networking is Engagement More two-way communication Focus is on building relationships and establishing reputations
4. Common Terminology LinkedIn Twitter Facebook Tweets Follow vs. Following vs. Friends (“Tweeps”) Mentions/@replies DMs Shortened URL Hashtags Tweetups Network Connections Recommendation Groups Likes Friends vs. Like(rs) Profile vs. Page Status Update Blogging YouTube Blog vs. Blogging vs. Blog Post RSS Feed Comments Social Bookmarks Channel Views Spotlight Videos Promoted Videos Featured Videos
5. Who Uses Social Media? Clients Prospects Competitors Job Seekers Industry Analysts Everybody Else…
6. Developing a Social Media Strategy Approach like any marketing initiative; you need a plan Listen first Be realistic about your investment abilities; how much money and staff time can you afford? Determine your destination; then build your map Identify who you are and what you care about; what is your “voice” going to be? Understand the best tools for your organization How are you going to track in a way that is meaningful to you?
7. How Social Media Could Be Affecting Your Business Let’s see some examples…
31. Tools of the Trade Monitoring Measuring Execution PostRank Analytics Social Mention Socialseek Trackur Viral Heat Sysomos Radian6 Trendrr Google Alerts Google Analytics Tweet Reach HowSociable? Post Rank Analytics Blogging CMS (e.g. WordPress) Twitter HootSuite, Tweekdeck, Seesmic Bookmarklets Integration Tools Twitter Facebook Facebook LinkedIn Feeds Mobile Apps
32. Tools of the Trade Measuring Common Metrics/KPIs by Platform
33. Tools of the Trade Measuring Tangibles Record search engine rankings prior to SMO Track inbound links from SMO initiatives Review Web Analytics: increased traffic from SMO efforts particularly referral sites before and after site activity completion rate for specific objectives, i.e. requests for white papers or completed contact forms Capture other methods of inquiry, i.e. by telephone (via call tracking) or direct email
34. Tools of the Trade Measuring Intangibles Increased brand visibility on high traffic, forward-thinking web properties with very targeted, positive content Creation of additional discussion, commenting, and engagement with targeted content and brand beyond just a simple page view Can be measured by assessing # of mentions, sentiment, authority, market share, relevance etc Combats detracting or distracting posts about your company or products. By continuing to present consistent, positive and USEFUL information from trusted community members, the company can engage the sites more over time to supplement and balance negative or unhelpful info.
41. Key Take-Aways Monitor & Listen, even if you don’t participate Recognize that your target audience, your competitors, your industry are using social media, even if you’re not Develop a strategy that’s right for you Remember that social media is just another tool in the toolkit