Presentation developed and presented by Shelly Kramer of V3 Integrated Marketing. An overview of social media and its importance in today's business world, including a look at Twitter, Facebook and LinkedIn usage stats, demographics and best practices.
Social Media: Why It is Critical to Business Today
1. Why Social Media Matters + How It Impacts Your Business
Presented by:
Shelly Kramer, CEO
INTEGRATED
MARKETING
Vision + Voice + Value
2. 3 Years Ago, I was Using
0
Technology
No SmartPhone
No Business Website
No Social Media
I didn’t need them to be
successful.
Sound familiar?
3. Today, my life is slightly
different – and so is my
business
Business Owner, Blogger, Social Media
Believer, Marketer, Online Expert, Web
Developer and User Experience Nut,
Stats Obsessed-ROI Focused Geek,
Industry Expert, Speaker.
Most Importantly,
I’m a Teacher
4.
5. Old World Way to Reach Customers
Banner Website Search
Direct
Phone Call Center Mail
Lead
Gen
Sales Rep Phone
6. Old World Way to Reach Customers
Direct Marketing = Fire Hose
7. New World Way to Reach Customers
Video
Paid
Search
Social
IP
TV
TV
Ra4ng
Widgets
Sites
E-‐Mail
Website
Mobile
Sales
Rep
en
Blogs
Call
Print
Center
Organic
Search
Banner
Lead
Comm
Gen
unity
Direct
mail
8. New World Way to Reach Customers
Brand Marketing = Envelope them in a Fog
11. Only
of Consumers Trust Advertisements.
Source:
“Marke-ng
to
the
Social
Web,”
Larry
Weber,
Wiley
Publishing
2007,
via
Erik
Qualman’s
Social
Media
Revolu-on
Video
13. Social Media is for Leads and Sales
Percentage of companies that have acquired a customer from:
Company
Blog 46%
LinkedIn 41%
Facebook 44%
Twitter 41%
Source: State of Inbound Marketing Report - http://bit.ly/aewfHr
14. B B
B C
2 2 VS.
2010
Whitehorse
Marke-ng
Survey
15.
16.
17.
18.
19. Social Media is for Leads and Sales
Percentage of companies that have acquired a customer from:
Company
Blog 46%
LinkedIn 41%
Facebook 44%
Twitter 41%
Source: State of Inbound Marketing Report - http://bit.ly/aewfHr
20. U.S. Companies are Putting Increasing
Emphasis on Blogging
% of Total 43%
39%
34%
29%
25%
16%
2007 2008 2009 2010 2011 2012
Projected
Source: emarketer, August 2010
25. Asked to rate the effectiveness
of Social Media…
Plus
said Facebook was extremely or
somewhat effective
Outsell
Annual
Adver-sing
and
Marke-ng
Survey
-‐
2010
26. of Fortune U.S. Companies use @mention to
gauge consumer comments.
Up from 43% in 2010
28. How U.S. brands Use Twitter
Provide company news,
updates and announcements
Customer Service
Deals and contests related
to products and services
29.
500,000,000+
Ac4ve
Facebook
Users
110+
Million
in
the
U.S.
Alone
30.
And,
of
That
Paltry
500
Million,
Only
• 50%
log
on
on
any
given
day
and
• Spend
a
total
of
700
BILLION
minutes
–
per
day
and
there
are
only
• 900+
billion
objects
that
people
interact
with
(pages,
groups,
events,
community
pages,
etc.)
Source:
Facebook
Press
Stats
31. Pieces
of
CONTENT
shared
on
Facebook
each
WEEK
(yes,
that’s
Billion
with
a
“B”)
,000
0,000
30,00
Links,
blog
posts,
photos,
videos,
stories,
news
stories,
etc.
32. Number of Facebook Likes for
U.S. Companies Doubled
Burson-‐Marsteller
2011
33. of U.S. Companies allow fans to post on their wall
Burson-‐Marsteller
2011
40. users are Senior Managers,
Middle Managers, CEOs,
Presidents, Vice-Presidents,
Sales Executives, Small
Business Owners,
Entrepreneurs
and much more.
42. More
than
80%
of
companies
use
social
media
for
recruitment
95%
are
using
LinkedIn
Source:
Jobvite
Social
Recruitment
Survey,
via
Erik
Qualman’s
Social
Media
Revolu4on
Video
43. 80%
Are
College
Graduates
53%
Earn
more
than
$100,000/year
41
years
Average
Age:
44. People don’t CARE about your
ad, they care about what their
FRIENDS and PEERS think.
CARE, Hmmm
FRIENDS
45. This
is
also
true
when
it
comes
to
recrui1ng
and/or
job
hun1ng.
Source:
2010
Nielsen
Global
Online
Consumer
Survey
via
Erik
Qualman’s
Social
Media
Revolu-on
Video
46. can
transform
your
ability
to
connect
with
other
professionals
in
an
environment
they
trust.
Take
your
business
and
professional
career
to
the
next
level.
48. Inbound Marketing is More Effective
Outbound
Ave. Cost Per Lead
Inbound is
$332 60%
lower per lead
Inbound
Ave. Cost Per Lead
$134
Source: State of Inbound Marketing Report - http://bit.ly/aewfHr
49. Those businesses that do
analyze ROI, find online
marketing more effective
than traditional marketing.
ARM
Interna-onal
Report
on
B2B
Marke-ng
-‐
2010
51. Only
of B2B Marketers Formally Analyze
Metrics to Judge ROI.
ARM
Interna-onal
Report
on
B2B
Marke-ng
-‐
2010
52. aren’t
You can’t measure Social Media like a
traditional channel
So don’t try to make an
Apple out of an Orange
53. Don’t Despair, (hang on)
Before ROI, you get this:
• Increase in site traffic
• Increase in time spent on site
• Views of a specific landing page, blog post
or offer
• Increased follower/like/friend base
• Increase in Share of Voice
• Increase in Positive Sentiment
54. PATIENCE is a Virtue
Because, what you GET is this:
• Increased revenue
• More leads
• Shorter sales cycles
• Lower customer acquisition costs
• Lower customer service costs
• Lower customer retention costs
(Bosses Are Happy!) (Priceless)
66. Scorecard
Financial Have Revenue/Profits increased?
Financial Have Costs decreased?
Have consumer attitudes about
Brand the brand improved?
Risk
Management Better prepared to find/respond?
Has the company enhanced
Digital its assets?
70. Social media allows you to do this:
Humanize your brand
Engage directly with your prospects
Provide customer service
Deepen and develop relationships
Listen to customers
Deliver what they need
That’s pretty cool, isn’t it?
74. Feel free to use this presentation as you wish.
Attribution would be splendid.
Special thanks to Al Bonner of Presentation
Transformations for helping to make my
presentations, and everything I do, better. You
can see more of his work at
http://presentationtransformations.com
INTEGRATED
MARKETING
Vision + Voice + Value
Notes de l'éditeur
According to Pingdom, 10% of Googles search traffic comes from mobile.
According to Pingdom, 10% of Googles search traffic comes from mobile.
According to Pingdom, 10% of Googles search traffic comes from mobile.