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Social Media

What’s in it for me?

    ABTOF Conference
         April 2011
       @andrewgerrard
   andrew@d-marketing.co.uk
Travel is location-based
Travel is a social activity
Travel is a business
Social Media is all about...


 • Engaging in the conversation

 • Loving your followers

 • Being Human

 • The people
“On the Internet,
nobody knows you’re a dog.”
Vs.
Old rules?
New Models
Commercial realities still apply
“I had my own blog for a while,
 but I decided to go back to just
  pointless, incessant barking.”
If it’s...


Fun
Unusual
Important
Interesting
Educational
Promotional
Newsworthy
Entertaining
Share it !
Owned, earned and bought


   Owned              Earned             Bought

  Media via a
                   Media via others     Media via 3rd
channel that you
                    with influence    party agreements
    control
OWNED
          Media via a channel that you control

  EXAMPLES              ROLES           BENEFITS        CHALLENGES
                                                        No guarantees
Fully owned:        Where people      Control
Web / mobile site   go to find out
                                                        Trust
Blog site           more              Longevity
Widgets and apps
                                                        Takes time to
                    Longer term       Versatility
                                                        scale
Partially owned:    relationships
Facebook page                         Niche Audiences
                                                        Cost
Twitter account     Taking comms
Partnerships        beyond your
Natural Search      website

                    Support people
                    who WANT to
                    engage with you
BOUGHT
               Media via 3rd party agreements

  EXAMPLES             ROLES        BENEFITS      CHALLENGES
Display ads                       Control         Clutter
                   Reach
Paid search                       Delivery with   Lower response
                   Engagement &
                                  Immediacy       rates
                   Interaction
Sponsorships
                                  Scale and       Interruptive
                   Catalyst
Partnerships                      frequency
                                                  Costs
                                  Salience

                                  Targeting

                                  Drive Owned
                                  and Earned
EARNED
                Media via others with influence

  EXAMPLES              ROLES        BENEFITS        CHALLENGES
                                                     Control
Word of mouth       Peer to peer   Most credible
(WOM)               sharing
                                                     Reputation
                                   Transparent and
                                                     management
User generated      User           lives on
content             broadcasting
                                                     Potential
                                   Supports us
                                                     negativity
Buzz                               listening and
                                   responding
                                                     Scale
Viral
                                   Potential value
                                                     Risk
                                   for money
                                                     Management

                                                     Hard to measure
Commitment




       Not a campaign
Social Media is NOT free! KTHXBAI
Travellers?       Loyalty?   Upgrades?



                                Yes!
                              We can do
                              those too

              Revenue
               even?
THE R.O.I. EQUATION



        (INCOME - SPEND) * 100
ROI =
                SPEND
BUT...
ROI is a business metric, NOT a media
                metric
            ROI is agnostic
Just measuring media is NOT the answer
So, you decide to do
some Social Media



                  ...
Baseline
     Before   After
Measure
      Before             After




 What did we do here , here & here ?
Overlay
     Before   After
Figure it all out
...apply the ROI equation

With the cost savings and the
    business generated,

          to give you...
Social Media
     Business
Social Business
    ABTOF Conference
         April 2011
       @andrewgerrard
   andrew@d-marketing.co.uk

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Social Media - What's in it for me?

  • 1.
  • 2. Social Media What’s in it for me? ABTOF Conference April 2011 @andrewgerrard andrew@d-marketing.co.uk
  • 3.
  • 4. Travel is location-based Travel is a social activity Travel is a business
  • 5. Social Media is all about... • Engaging in the conversation • Loving your followers • Being Human • The people
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  • 7. “On the Internet, nobody knows you’re a dog.”
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  • 10. Vs.
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  • 19. “I had my own blog for a while, but I decided to go back to just pointless, incessant barking.”
  • 22. Owned, earned and bought Owned Earned Bought Media via a Media via others Media via 3rd channel that you with influence party agreements control
  • 23. OWNED Media via a channel that you control EXAMPLES ROLES BENEFITS CHALLENGES No guarantees Fully owned: Where people Control Web / mobile site go to find out Trust Blog site more Longevity Widgets and apps Takes time to Longer term Versatility scale Partially owned: relationships Facebook page Niche Audiences Cost Twitter account Taking comms Partnerships beyond your Natural Search website Support people who WANT to engage with you
  • 24. BOUGHT Media via 3rd party agreements EXAMPLES ROLES BENEFITS CHALLENGES Display ads Control Clutter Reach Paid search Delivery with Lower response Engagement & Immediacy rates Interaction Sponsorships Scale and Interruptive Catalyst Partnerships frequency Costs Salience Targeting Drive Owned and Earned
  • 25. EARNED Media via others with influence EXAMPLES ROLES BENEFITS CHALLENGES Control Word of mouth Peer to peer Most credible (WOM) sharing Reputation Transparent and management User generated User lives on content broadcasting Potential Supports us negativity Buzz listening and responding Scale Viral Potential value Risk for money Management Hard to measure
  • 26. Commitment Not a campaign
  • 27. Social Media is NOT free! KTHXBAI
  • 28.
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  • 30. Travellers? Loyalty? Upgrades? Yes! We can do those too Revenue even?
  • 31. THE R.O.I. EQUATION (INCOME - SPEND) * 100 ROI = SPEND
  • 32. BUT... ROI is a business metric, NOT a media metric ROI is agnostic Just measuring media is NOT the answer
  • 33. So, you decide to do some Social Media ...
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  • 35.
  • 36. Baseline Before After
  • 37. Measure Before After What did we do here , here & here ?
  • 38. Overlay Before After
  • 40. ...apply the ROI equation With the cost savings and the business generated, to give you...
  • 41. Social Media Business
  • 42. Social Business ABTOF Conference April 2011 @andrewgerrard andrew@d-marketing.co.uk