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Beyond	
  Fans	
  
-­‐	
  How	
  to	
  maximize	
  business	
  value	
  with	
  Sina	
  Weibo	
  
September	
  2013	
  
536	
  	
  mil
Registered	
  Users	
  
2	
  
Sina	
  Weibo	
  users	
  continue	
  to	
  grow	
  
200
Avg	
  #	
  of	
  fans	
  per	
  User	
  
20-­‐29	
  	
  	
  yrs	
  	
  	
  old
61.5%	
  
3	
  
High	
  quality	
  user	
  base	
  
College	
  +
73.0%	
  
BJ,	
  SH,	
  GZ
40%	
  
Smartphone	
  	
  	
  users
60%+	
  
4	
  
Engagement	
  remains	
  high	
  
+36%	
  
MAU	
  
+48%	
  
DAU	
  
60	
  	
  mins
Avg.	
  daily	
  time	
  spent	
  
*	
  Data	
  as	
  of	
  June	
  2013,	
  YOY	
  
5	
  
2012年 2013年
Fortune 500
29%(143)
China 500
41%(207)
Fortune 500
39%(194)
China 500
62%(309)
More	
  and	
  more	
  business	
  have	
  joined	
  Sina	
  Weibo	
  	
  
8 10	
  mil 15	
  mil 35	
  mil 1.6	
  bil
Avg.	
  #	
  of	
  
brands	
  
followed
#	
  of	
  users	
  
interact	
  with	
  
brands	
  
monthly
Reposts	
  /	
  
comments	
  /	
  
messages	
  
brands	
  
received	
  daily
Daily	
  PVs	
  for	
  
brands
Daily	
  
impressions	
  
for	
  brand	
  
content
325	
  mil	
  users	
  are	
  
following	
  brands……	
  
They	
  are	
  already	
  seeing	
  results…
7	
  
So,	
  what’s	
  next?	
  
Social	
  CRM	
   Social	
  Commerce	
  
Social	
  Advertising	
  
8	
  
Social	
  advertising	
  is	
  becoming	
  
	
  more	
  targeted	
  and	
  diverse	
  
9	
  
Targeted	
  Feeds	
  
10	
  
Different	
  kinds	
  of	
  feeds	
  
11	
  
Create	
  /	
  Manage	
  /	
  Participate	
  in	
  Hot	
  Topics	
  
Manage	
  
topic’s	
  
content	
  &	
  
format	
  
The	
  host	
  of	
  the	
  topic	
  
has	
  the	
  ability	
  to	
  
create	
  the	
  topic,	
  
control	
  the	
  content	
  
and	
  the	
  format	
  of	
  the	
  
topic
Additional	
  
Exposure
Brand	
  exposures	
  on	
  
the	
  Topic	
  pages	
  
including	
  on	
  mobile	
  
phones
Official	
  
promotions	
  
&	
  fans	
  
growth
Hot	
  topics	
  will	
  get	
  
additional	
  promotions	
  
on	
  Weibo;	
  users	
  who	
  
participated	
  in	
  the	
  
discussion	
  on	
  the	
  page	
  
become	
  fans	
  
automatically
Increase	
  
host’s	
  
influence
Aggregating	
  all	
  the	
  
users	
  interested	
  in	
  
the	
  topics	
  helps	
  
increase	
  host’s	
  
influence
Multiple	
  brand	
  exposure	
  opportunities	
  
Additional	
  benefits	
  for	
  branded	
  topics	
  
§  Aggregate	
  
Content	
  
§  Aggregate	
  Users	
  
14	
  
Turning	
  Your	
  Fans	
  into	
  BFFs	
  	
  
With	
  The	
  Power	
  Of	
  Social	
  CRM	
  	
  
It’s	
  NOT	
  just	
  your	
  Fans	
  
15	
  
BRAND	
  
FANS	
  
ENGAGED	
  
NON-­‐FANS	
  
POTENTIAL	
  	
  
TARGET	
  AUDIENCE	
  
And	
  it’s	
  not	
  how	
  you	
  used	
  to	
  know	
  them	
  
16	
  
Phone	
  
Number	
  
Address	
  
Purchase	
  
History	
  
Interests	
  
Social	
  Interactions	
  
with	
  your	
  brand	
  
Social	
  Graph	
  /	
  Social	
  
Influence	
  
So	
  let’s	
  think	
  about	
  them	
  in	
  2D	
  
17	
  
1.	
  Users	
  
relationship	
  with	
  
your	
  Brand	
  
Awareness	
  
Consideration	
  
Preference	
  
Purchase	
  
2.	
  Users’	
  Social	
  Role	
  for	
  your	
  Brand	
  
Passive	
  
Participant	
  
Active	
  
Participant	
  
Key	
  	
  
Influencers	
  
Social	
  Ads	
  
Prized	
  Activities	
  
Targeted	
  Feed	
   Prized	
  Activities	
  
Targeted	
  Feed	
  
Events	
  
Social	
  Ads	
  
Special	
  Content	
  
Events	
  
18	
  
Quick	
  look	
  at	
  the	
  traditional	
  CRM	
  
Leads	
  	
  
Genera*on	
  
Marke*ng	
  
Targeted	
  	
  
Offers	
  
Cross/Up	
  
Sell	
  
Service	
  /	
  
Support	
  
Loyalty	
  	
  
Program	
  
Customer	
  AcquisiKon	
  
Customer	
  Value	
  
OpKmizaKon	
  
Customer	
  RetenKon	
  
19	
  
Now	
  CRM	
  is	
  amplified	
  through	
  Social	
  
Leads	
  	
  
Genera*on	
  
Marke*ng	
  
Targeted	
  	
  
Offers	
  
Cross/Up	
  
Sell	
  
Service	
  /	
  
Support	
  
Loyalty	
  	
  
Program	
  
Customer	
  AcquisiKon	
  
Customer	
  Value	
  
OpKmizaKon	
  
Customer	
  RetenKon	
  
FoundaKonal	
  
needs	
  
Social	
  
amplificaKon	
  
Social	
  Listening	
  
Crisis	
  Management	
  
KOL	
  AcKvaKon	
  /	
  Management	
  
Brands	
  now	
  also	
  have	
  more	
  ways	
  to	
  
engage	
  their	
  customers	
  	
  
20	
  
Conversation	
   InteracKon	
   RelaKonship	
  Purchase	
  
Brands	
  
Users	
  
More	
  Social	
  Channels	
  To	
  Reach	
  Them	
  Effectively	
  
21	
  
Private	
  MessageFeeds APPs
22	
  
Unleashing	
  The	
  Power	
  Of	
  Social	
  
Commerce	
  
23	
  
$$$	
   $$$	
  
Social	
  Commerce	
   E-­‐Commerce	
  
$$$	
  
$$$	
   $$$	
  
$$$	
  
$$$	
  
24	
  
Sell	
  Direct	
  Drive	
  Traffic	
  
Drive	
  Traffic	
  
25	
  
Driving	
  Millions	
  To	
  E-­‐Commerce	
  
26	
  
E-­‐Commerce	
  Price	
  War	
  Click	
  Trend	
  
360buy	
  saw	
  5x	
  increased	
  in	
  traffic	
  from	
  
Weibo	
  on	
  the	
  Price	
  War	
  Day.	
  
Taobao	
  1111	
  Sale’s	
  Weibo	
  Traffic	
  
52M	
  /	
  25%	
  of	
  the	
  213	
  million	
  users	
  
that	
  visited	
  Taobao	
  
Drive	
  Traffic	
  To	
  Store	
  
27	
  
Weibo	
  Passbook,	
  From	
  Online	
  to	
  Offline	
  
28	
  
Digital	
  Distribution	
  
	
  
Weibo	
  feeds	
  //	
  APPs	
  //	
  Pages,	
  
Email	
  //	
  SMS	
  //	
  etc	
  
In-­‐Store	
  Redemption	
  
	
  
LBS	
  //	
  Reminder	
  	
  
	
  QR	
  Code	
  //	
  NFC	
  
Sell	
  Direct	
  
29	
  
Selling	
  million	
  in	
  minutes	
  via	
  an	
  exclusive	
  sale	
  
30	
  
50,000	
  smartphone	
  sold	
  in	
  5	
  mins	
  	
  
13M	
  pre-­‐orders	
  (leads)	
  
24M	
  reposts	
  &	
  comments	
  
666	
  smart	
  cars	
  sold	
  in	
  490	
  mins	
  
67K	
  reposts	
  &	
  comments	
  
Light	
  engagement	
  method	
  to	
  facilitate	
  
purchase	
  via	
  Special	
  FEED	
  
31	
  
Complete	
  Transaction	
  Solution	
  
32	
  
Front	
  End	
  on	
  Enterprise	
  Weibo	
  
Product	
  Detail	
  
Page	
  	
  
Order	
  
Confirmation	
  
Page	
  
Backend	
  System	
  
Product	
  
Manager	
  
Order	
  
Manager	
  
Benefits	
  of	
  selling	
  direct	
  
33	
  
Grow	
  significant	
  
number	
  of	
  quality	
  
fans	
  (leads)	
  
quickly	
  with	
  valuable	
  
customer	
  information	
  
Generate	
  direct	
  
revenue	
  through	
  
selling	
  signature	
  /	
  hero	
  
products,	
  and	
  possibly	
  
create	
  indirect	
  
revenue	
  by	
  up-­‐
lifting	
  other	
  related	
  
products	
  
$$$	
  
$$$	
  
Kick-­‐start	
  other	
  long-­‐
term	
  social	
  media	
  
marketing	
  programs	
  
like	
  Social	
  CRM	
  
programs	
  
Img	
  scr:	
  worldo<ofy.blogspot.com	
  
Create	
  massive	
  
brand	
  buzz	
  
within	
  a	
  short	
  period	
  
of	
  time	
  
34	
  
Maximizing	
  Business	
  Value	
  with	
  Sina	
  Weibo	
  
Social	
  CRM	
   Social	
  Commerce	
  
Social	
  Advertising	
  
Thank	
  you.	
  
Ken	
  Hong	
  
lizhou@staff.sina.com.cn 	
  	
  
@上海KenHong	
  

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Platform interview: How Sina Weibo builds brands

  • 1.         Beyond  Fans   -­‐  How  to  maximize  business  value  with  Sina  Weibo   September  2013  
  • 2. 536    mil Registered  Users   2   Sina  Weibo  users  continue  to  grow   200 Avg  #  of  fans  per  User  
  • 3. 20-­‐29      yrs      old 61.5%   3   High  quality  user  base   College  + 73.0%   BJ,  SH,  GZ 40%   Smartphone      users 60%+  
  • 4. 4   Engagement  remains  high   +36%   MAU   +48%   DAU   60    mins Avg.  daily  time  spent   *  Data  as  of  June  2013,  YOY  
  • 5. 5   2012年 2013年 Fortune 500 29%(143) China 500 41%(207) Fortune 500 39%(194) China 500 62%(309) More  and  more  business  have  joined  Sina  Weibo    
  • 6. 8 10  mil 15  mil 35  mil 1.6  bil Avg.  #  of   brands   followed #  of  users   interact  with   brands   monthly Reposts  /   comments  /   messages   brands   received  daily Daily  PVs  for   brands Daily   impressions   for  brand   content 325  mil  users  are   following  brands……   They  are  already  seeing  results…
  • 7. 7   So,  what’s  next?   Social  CRM   Social  Commerce   Social  Advertising  
  • 8. 8   Social  advertising  is  becoming    more  targeted  and  diverse  
  • 10. 10   Different  kinds  of  feeds  
  • 11. 11   Create  /  Manage  /  Participate  in  Hot  Topics   Manage   topic’s   content  &   format   The  host  of  the  topic   has  the  ability  to   create  the  topic,   control  the  content   and  the  format  of  the   topic Additional   Exposure Brand  exposures  on   the  Topic  pages   including  on  mobile   phones Official   promotions   &  fans   growth Hot  topics  will  get   additional  promotions   on  Weibo;  users  who   participated  in  the   discussion  on  the  page   become  fans   automatically Increase   host’s   influence Aggregating  all  the   users  interested  in   the  topics  helps   increase  host’s   influence
  • 12. Multiple  brand  exposure  opportunities  
  • 13. Additional  benefits  for  branded  topics   §  Aggregate   Content   §  Aggregate  Users  
  • 14. 14   Turning  Your  Fans  into  BFFs     With  The  Power  Of  Social  CRM    
  • 15. It’s  NOT  just  your  Fans   15   BRAND   FANS   ENGAGED   NON-­‐FANS   POTENTIAL     TARGET  AUDIENCE  
  • 16. And  it’s  not  how  you  used  to  know  them   16   Phone   Number   Address   Purchase   History   Interests   Social  Interactions   with  your  brand   Social  Graph  /  Social   Influence  
  • 17. So  let’s  think  about  them  in  2D   17   1.  Users   relationship  with   your  Brand   Awareness   Consideration   Preference   Purchase   2.  Users’  Social  Role  for  your  Brand   Passive   Participant   Active   Participant   Key     Influencers   Social  Ads   Prized  Activities   Targeted  Feed   Prized  Activities   Targeted  Feed   Events   Social  Ads   Special  Content   Events  
  • 18. 18   Quick  look  at  the  traditional  CRM   Leads     Genera*on   Marke*ng   Targeted     Offers   Cross/Up   Sell   Service  /   Support   Loyalty     Program   Customer  AcquisiKon   Customer  Value   OpKmizaKon   Customer  RetenKon  
  • 19. 19   Now  CRM  is  amplified  through  Social   Leads     Genera*on   Marke*ng   Targeted     Offers   Cross/Up   Sell   Service  /   Support   Loyalty     Program   Customer  AcquisiKon   Customer  Value   OpKmizaKon   Customer  RetenKon   FoundaKonal   needs   Social   amplificaKon   Social  Listening   Crisis  Management   KOL  AcKvaKon  /  Management  
  • 20. Brands  now  also  have  more  ways  to   engage  their  customers     20   Conversation   InteracKon   RelaKonship  Purchase   Brands   Users  
  • 21. More  Social  Channels  To  Reach  Them  Effectively   21   Private  MessageFeeds APPs
  • 22. 22   Unleashing  The  Power  Of  Social   Commerce  
  • 23. 23   $$$   $$$   Social  Commerce   E-­‐Commerce   $$$   $$$   $$$   $$$   $$$  
  • 24. 24   Sell  Direct  Drive  Traffic  
  • 26. Driving  Millions  To  E-­‐Commerce   26   E-­‐Commerce  Price  War  Click  Trend   360buy  saw  5x  increased  in  traffic  from   Weibo  on  the  Price  War  Day.   Taobao  1111  Sale’s  Weibo  Traffic   52M  /  25%  of  the  213  million  users   that  visited  Taobao  
  • 27. Drive  Traffic  To  Store   27  
  • 28. Weibo  Passbook,  From  Online  to  Offline   28   Digital  Distribution     Weibo  feeds  //  APPs  //  Pages,   Email  //  SMS  //  etc   In-­‐Store  Redemption     LBS  //  Reminder      QR  Code  //  NFC  
  • 30. Selling  million  in  minutes  via  an  exclusive  sale   30   50,000  smartphone  sold  in  5  mins     13M  pre-­‐orders  (leads)   24M  reposts  &  comments   666  smart  cars  sold  in  490  mins   67K  reposts  &  comments  
  • 31. Light  engagement  method  to  facilitate   purchase  via  Special  FEED   31  
  • 32. Complete  Transaction  Solution   32   Front  End  on  Enterprise  Weibo   Product  Detail   Page     Order   Confirmation   Page   Backend  System   Product   Manager   Order   Manager  
  • 33. Benefits  of  selling  direct   33   Grow  significant   number  of  quality   fans  (leads)   quickly  with  valuable   customer  information   Generate  direct   revenue  through   selling  signature  /  hero   products,  and  possibly   create  indirect   revenue  by  up-­‐ lifting  other  related   products   $$$   $$$   Kick-­‐start  other  long-­‐ term  social  media   marketing  programs   like  Social  CRM   programs   Img  scr:  worldo<ofy.blogspot.com   Create  massive   brand  buzz   within  a  short  period   of  time  
  • 34. 34   Maximizing  Business  Value  with  Sina  Weibo   Social  CRM   Social  Commerce   Social  Advertising  
  • 35. Thank  you.   Ken  Hong   lizhou@staff.sina.com.cn     @上海KenHong