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SOCIAL MEDIA IS A WASTE
OF MONEY

BRIAN CROSS
MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE
ELASTICITY
PRESIDENT AND CEO
FUND ST. LOUIS
SOCIAL MEDIA IS A WASTE o
OF MONEY t doesn’t have t
      But i     be
BRIAN CROSS
MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE
ELASTICITY
PRESIDENT AND CEO
FUND ST. LOUIS
THERE IS NO MORE
  SOCIAL MEDIA
SOCIAL MEDIA   =
AGENDA:
1. THE “THANK YOU” ECONOMY
(OR MANNERS MARKETING)

2. OPERATIONAL
CONSIDERATIONS FOR
NONPROFITS

3. DON’T WASTE YOUR MONEY
ON SOCIAL MEDIA - OPTIMIZING
TO REACH THE OTHER 90%
POSITION YOURSELF
WITHIN YOUR ISSUE
THE AVERAGE
 PERSON IS
EXPOSED TO
 OVER 3,000
 MARKETING
 MESSAGES
  PER DAY
“
Only14%
of people trust
advertisements.




                  “
                  78%of people
                  trust the
                  recommendations
                  of peers.
THE NEW MATH
•  Old: Message 5,000,000 to possibly reach 500!
•  New: Personally reach 500 who influence 5,000 who influence
   20,000 who influence 200,000!




                                                   +,-*.$/01***
                                                   23444*5,)56,*-0)*-$%/*
                                                   /)*0,$"*7)8"*9,::$#,*$",*
                                                   9)",*;$68$<6,*/0$%**
                !"#$%&'$()%**                      2*9&66&)%*-0)*=)%>/?**
130
               FRIENDS

                 300
               FOLLOW

 EVERYONE
  REACHES
7,740 PEOPLE
SOCIAL MEDIA
    IS THE
RE-INVENTION
    OF THE
SMALL TOWN
1. BE INTERESTING
   2.   MAKE IT EASY
   3.   MAKE PEOPLE
          HAPPY




3 RULES OF WORD OF MOUTH
WOM CHECKLIST: 4 ELEMENTS

              1.TALKERS
              2.MESSAGE
              3.TOOLS
              4.MEASUREMENT
PEOPLE TALK ABOUT YOU WHEN
IT BENEFITS THEM
THEY’LL TALK ABOUT YOU IF
                       It makes them look smart
                       It enables them to help others
                       It allows them to feel important
                       It enables connection to a group
CONTENT MARKETING

•   Creative: it’s a 24-hour content cycle.
    You’d better have something to break
    through the noise of the conversation.

•   Brand Building: Content and
    conversation defines a brand more
    than a new logo or a press release

•   Engaging: Inspire feedback. This is
    not a copywriting assignment.

•   Relevance is Redefined: To create
    conversation, simple, random and
    banal may be a brand’s best bets.
HUMANIZE YOUR ORGANIZATION
CREATE A PERSONA...NOT A PROPOSITION
FOCUS ON HOW TO ‘BE’ SOCIAL
NOT ON HOW TO ‘DO’ SOCIAL.
BEING    HUMAN
HUMAN    INTEREST
ACTIVATE YOUR NETWORK.
KNOW WHEN TO “DO THE ASK.”
STAFFING YOUR EFFORTS
MEASUREMENT
BEFORE DECLARING ROI - DEFINE THE “R”

                       :2"6#4249% ;',<249% 84#$92=249%>-33+$149%8.?$'(249%
        !"#$%&#'()!

        !"#$%&#'()!
        *+,-.#%+/%
      0'$1(23'1+4!
         5-',267%+/%
      0'$1(23'1+4!

  *+,-.#%+/%84#$97!

  5-',267%+/%84#$97!
DO
Think about engagement - NOT size
          Activate your fans
            Be Committed
      Keep things professional
           Have a strategy
    Resist the temptation to sell
       Stick to what you know
Be infrequent in your engagement
          Go by “gut” feel
 Make use it as a broadcast channel
              Be cool
 Be the smartest person in the room
  Forget the permanence of search




DON’T
OPTIMIZE YOUR EFFORTS
90% OF SOCIAL MEDIA IS NEVER SEEN
TRIANGULATE FOR KINETIC POTENTIAL


                 SEARCH



   SOCIAL



                    PR
PROVIDE VALUE
(BEHIND EVERY B2B IS A “C”)
BEFORE YOU GO


• Allow your audience to help you
  shape your brand
• Build a sense of community
• Traditional and Social media can play
  ping-pong
• Content is the new branding
• “Pull” don’t “Push”
• If you’re small, play like you’re big.
• If you’re big, play like you’re small.
MANAGING PARTNER &
        DIRECTOR OF ROCKET SCIENCE

BRIAN   ELASTICITY
CROSS   brian@goelastic.com
        314.292.9680
        www.elasticthought.com
        www.facebook.com/briancross
        www.twitter.com/vanceopel



        PRESIDENT AND CEO
        FUND ST. LOUIS
        brian@fundstlouis.org
        800.385.6419
        www.fundstlouis.org
        www.facebook.com/fundstl
        www.twitter.com/fundstl

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Social Media is a waste of money?

  • 1. SOCIAL MEDIA IS A WASTE OF MONEY BRIAN CROSS MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE ELASTICITY PRESIDENT AND CEO FUND ST. LOUIS
  • 2. SOCIAL MEDIA IS A WASTE o OF MONEY t doesn’t have t But i be BRIAN CROSS MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE ELASTICITY PRESIDENT AND CEO FUND ST. LOUIS
  • 3. THERE IS NO MORE SOCIAL MEDIA
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  • 7. AGENDA: 1. THE “THANK YOU” ECONOMY (OR MANNERS MARKETING) 2. OPERATIONAL CONSIDERATIONS FOR NONPROFITS 3. DON’T WASTE YOUR MONEY ON SOCIAL MEDIA - OPTIMIZING TO REACH THE OTHER 90%
  • 9. THE AVERAGE PERSON IS EXPOSED TO OVER 3,000 MARKETING MESSAGES PER DAY
  • 10. “ Only14% of people trust advertisements. “ 78%of people trust the recommendations of peers.
  • 11. THE NEW MATH •  Old: Message 5,000,000 to possibly reach 500! •  New: Personally reach 500 who influence 5,000 who influence 20,000 who influence 200,000! +,-*.$/01*** 23444*5,)56,*-0)*-$%/* /)*0,$"*7)8"*9,::$#,*$",* 9)",*;$68$<6,*/0$%** !"#$%&'$()%** 2*9&66&)%*-0)*=)%>/?**
  • 12. 130 FRIENDS 300 FOLLOW EVERYONE REACHES 7,740 PEOPLE
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  • 14. SOCIAL MEDIA IS THE RE-INVENTION OF THE SMALL TOWN
  • 15. 1. BE INTERESTING 2. MAKE IT EASY 3. MAKE PEOPLE HAPPY 3 RULES OF WORD OF MOUTH
  • 16. WOM CHECKLIST: 4 ELEMENTS 1.TALKERS 2.MESSAGE 3.TOOLS 4.MEASUREMENT
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  • 18. PEOPLE TALK ABOUT YOU WHEN IT BENEFITS THEM
  • 19. THEY’LL TALK ABOUT YOU IF It makes them look smart It enables them to help others It allows them to feel important It enables connection to a group
  • 20. CONTENT MARKETING • Creative: it’s a 24-hour content cycle. You’d better have something to break through the noise of the conversation. • Brand Building: Content and conversation defines a brand more than a new logo or a press release • Engaging: Inspire feedback. This is not a copywriting assignment. • Relevance is Redefined: To create conversation, simple, random and banal may be a brand’s best bets.
  • 22. CREATE A PERSONA...NOT A PROPOSITION
  • 23. FOCUS ON HOW TO ‘BE’ SOCIAL NOT ON HOW TO ‘DO’ SOCIAL.
  • 24. BEING HUMAN HUMAN INTEREST
  • 25. ACTIVATE YOUR NETWORK. KNOW WHEN TO “DO THE ASK.”
  • 28. BEFORE DECLARING ROI - DEFINE THE “R” :2"6#4249% ;',<249% 84#$92=249%>-33+$149%8.?$'(249% !"#$%&#'()! !"#$%&#'()! *+,-.#%+/% 0'$1(23'1+4! 5-',267%+/% 0'$1(23'1+4! *+,-.#%+/%84#$97! 5-',267%+/%84#$97!
  • 29. DO Think about engagement - NOT size Activate your fans Be Committed Keep things professional Have a strategy Resist the temptation to sell Stick to what you know
  • 30. Be infrequent in your engagement Go by “gut” feel Make use it as a broadcast channel Be cool Be the smartest person in the room Forget the permanence of search DON’T
  • 31. OPTIMIZE YOUR EFFORTS 90% OF SOCIAL MEDIA IS NEVER SEEN
  • 32. TRIANGULATE FOR KINETIC POTENTIAL SEARCH SOCIAL PR
  • 33. PROVIDE VALUE (BEHIND EVERY B2B IS A “C”)
  • 34. BEFORE YOU GO • Allow your audience to help you shape your brand • Build a sense of community • Traditional and Social media can play ping-pong • Content is the new branding • “Pull” don’t “Push” • If you’re small, play like you’re big. • If you’re big, play like you’re small.
  • 35. MANAGING PARTNER & DIRECTOR OF ROCKET SCIENCE BRIAN ELASTICITY CROSS brian@goelastic.com 314.292.9680 www.elasticthought.com www.facebook.com/briancross www.twitter.com/vanceopel PRESIDENT AND CEO FUND ST. LOUIS brian@fundstlouis.org 800.385.6419 www.fundstlouis.org www.facebook.com/fundstl www.twitter.com/fundstl