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7 Experts – 7 Tips – 7 Minutes  The Social Business: What’s Now? What’s New? What’s Next?
2 Ground rules for 777 Each EXPERT will have SEVEN MINUTES to share their TIP. A one-minute warning will sound.  Once the signal sounds, no more TIPS!  Please hold all questions until the end.  There will be approximately 30 minutes for questions and answers after all have shared.   Questions should be directed to the moderator.  Please keep track of TIPS on the back of your info sheet.
Today’s moderator Veronica Williams hmc2 advertising www.hmc2agency.com 3
Joe Mescher Social Media Commando www.socialmediacommando.com 4
Social Media KPI's Measuring Engagement
How & Why We Measure Engagement Why?   ,[object Object],  How to Measure Success?   ,[object Object],  ,[object Object]
Time spent on site
New 'friends' after 30/60/90 days   
Return On Investment ROI = (Gain from investment - Cost of investment)/Cost of investment Social media metrics like increased views, visitors and friends are NOT measurements of ROI   Set specific baselines, such as increased transactions and numbers of new customers   Track your sales, retention and transactions, then overlay all timelines to identify trends   ,[object Object],[object Object]
9 Traditional Rules Apply
Traditional Rules Laws prohibiting: False advertising Misleading investors Defamation Copyright and trademark infringement Invasion of privacy Doctrine of respondeate superior (company can be liable for actions of agents and employees) 10
Guidance from Regulators Federal Trade Commission: employees and bloggers receiving compensation must disclose relationship  Securities and Exchange Commission: anti-fraud provisions apply to statements made in online communications 11
Enforcement & Lawsuits “Company Settles Case of Reviews It Faked,” New York Times, July 14, 2009 “Online Electronics Stores Caught in Consumer Fraud,” New York Times, June 25, 2009 “Notice Those Ads on Blogs? Regulators Do, Too,” New York Times, August, 10, 2009 “Controversial Blog on Patent Suits Is Authored by Cisco Executive,” Wall Street Journal, February 25, 2008 12
Summary The old rules apply, You may be liable for the internet activities of your employees and agents that relate to your company, its products or services, and The government and your competitors are watching. 13
TO DO: Design social media campaigns to comply with old rules Don’t fake it or act secretly Establish guidelines for employees and bloggers you hire Monitor compliance 14
John Burton Network Performance, Inc.  www.npi.net 15
16 Increase “people proximity” by overcoming communication barriers with cloud computing & remote access
17 NPI is focused on excellence in voice and data network services and security. We help businesses succeed by ensuring…   High performance communications  	Business continuity  	Privacy & Security  	Comprehensive & Flexible IT support  NPI was founded in 1988, based in South Burlington, Vermont with customers throughout the Northeast. Our staff is certified by major vendors like Microsoft - Cisco –  Juniper – RSA – Dell - VMware – Shoretel -
18 Key Barriers to Business Communications Geography  Time  Social
19 		Geographic Barrier Accelerate communications to anyone anywhere, using the social network features of cloud apps like Salesforce Chatter, SugarCRM Sugar On-Demand. Assure that everyone has mobile devices so everyone anywhere can participate.  Subsidize the use by paying part of the bill. Use new powerful sharing features in MS Office 2010 and Sharepoint to breakdown geographic barriers to sharing core work.   “Every 10 years a major innovation takes place in computing – cloud computing combined with social networking is one of these.  The future of enterprise software looks more like Facebook on the iPod than anything “ - Marc Benioff (Salesforce)
Time Barrier Live in the “now” by leveraging the cloud and mobile devices to instantly complete tasks rather than putting them off until later. Move from email to texting to pick up your pace and gain from the power of real-time collaboration. Create your own “dashboard” using mobile apps on your smartphone or tablet to get instant feeds of “real time” critical data.  Leverage mobile tech to “manufacture” the extra time needed for business social networking.   “Mobile apps open a window of advantage by adding surprising speed and efficiencies. - Mark Jordan Sybase
21 Social Barrier 54% of CIOs prohibit employees from using social networking.  Trust “business identified” employees to use social networks so the business can harvest the great content coming from this unstructured tool.  Build a Wiki to harness the creative, ”wisdom of the crowd”. Create a CEO blog to share the vision and provide “high touch” to your customers. Reach out to generation i by using their own tools and methods.   “What determines our inventiveness is the amount of interaction.  Right now our ideas are making love with each other like never before.” – Matt Ridley WSJ
Jessie Angus Angus Media Services www.angusmediaservices.com 22
23 Locate Yourself
24 Phone Book
25 What are Geo-Social Networks? Why Do We Care? ( ) + + =
26 Geo-social Networks
27 A Game Checking in multiple times Overshare badge Photogenic badge
28 Tips
29 Burlington Foursquare Day Participants: The Scuffer and Magic Hat: free t-shirts Red Square: waived cover charge Lake Champlain Chocolates: free truffle August First: $4 every check-in to King Street Youth Center Candles & Creations and 156 Bistro: 10% off all day. Facebook.com/BTVfoursquare DeepDishCreative.com (BTV Foursquare case study)
30 Geo-Social Networking Challenges Advantages can be limited depending on geography Oversharing and privacy PleaseRobMe.com Etiquette OldMediaNewTricks.com/foursquare-etiquette-guide/
31 Locate Yourself Value = CONNECTION List your business. Google Local, Foursquare, join Twitter Get FREE feedback Examine your marketing strategy Business goals Audience Tone of Voice
32 Just for Retail? No! Education (Harvard and UNC) Travel (Lufthansa, SCVNGR) Services (Community-giving) Be Creative
33 Check-in on Foursquare … … for the Swarm badge!
Mitch Lieberman Comity Technology Advisors  www.comityadvisors.com 34
35 Social CRM It is all about the Customer your
First - What is CRM? (Customer Relationship Management) ,[object Object],Name, Address, Phone # ,[object Object],Orders, Invoices, Issues ,[object Object],Prospects, Leads, Opportunities ,[object Object],Because they do not understand what’s in it for them!
Social CRM is an extension of CRM, the biggest change is a  focus on your Customers, not a focus on you
CRM Social CRM Sales, Support &  Marketing + Customer Dynamic   Processes Static  Processes 1 to 1 Private channel Many to Many Public Channel Technology Culture and  Technology
Different parts of the organization are not aligned, a  Social CRM strategy includes strong guidelines for alignment
Social CRM is based on the simple principle that you will invite your customer into the ecosystem and interact with them based on their needs, not your rules. Image by: Textualcreations.ca
TIPS – 1 each  Support - Keep the ordinary, ordinary; Social includes public channels; more personality needed Sales – The value-add of you and your company’s expertise, not just your product are important, Marketers – Learn to listen, engage and create with your customers, add facts with personality, Social CRM can be done without technology – trucks and delivery personnel can be a great social network
42 Evaluate Your Mobile Strategy Now 		7 minutes to being a … Predictions Rationale Options 						… inMobility
43 Evaluate Your Mobile Strategy Now Prediction Mobile Internet Users>Desktop Internet Users … within5 years. Fact Mobile Internet is ramping faster than Desktop Internet did. - Both Prediction & Fact from Report by Mary Meeker of Morgan Stanley “April 2010 Internet Trends”
44 Evaluate Your Mobile Strategy Now Prediction Demand for mobile content > carrier capacity …within 5 years. Fact Mobile data traffic surpasses voice demand for 1st time in Dec 2009. ,[object Object]
Factfrom Ericsson at CTIA Wireless Mar 2010 Conference,[object Object]
 Fact supported by trends in Apple iPhone OS 1.0 to 4.0 Evolution,[object Object]
47 Evaluate Your Mobile Strategy Now Options Current  Lots of Social Media Tools Mobile Websites / Web Apps Inexpensive RAD Tools Custom App Development Emerging  Expanding Ad Channels Location-Based Services / RFID Augmented Reality / Interactive Collaborative / Context-Aware
48 Evaluate Your Mobile Strategy Now Will You Be Ready?
Rachel Carter Rachel Carter PR www.rachelcarterpr.com 49
50 Keep It Real
In keeping it real… Be Relevant Listen Brand = Business Personality Target Audiences ARE NOT Clones! Stop Communicating to the Masses! Professional & Amateur Media BOTH use Social Media Tools Relationships Built using Social Media Tools helps Word of Mouth Marketing Work Effectively Keep Listening & Changing to Keep It Real!
Questions and comments?  Direct your question at a specific panelist, or ask generally Moderator will help to clarify the question or ask follow up Please be considerate of others 52

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2010 777: The Social Business: What's Now, What's New and What's Next?

  • 1. 7 Experts – 7 Tips – 7 Minutes The Social Business: What’s Now? What’s New? What’s Next?
  • 2. 2 Ground rules for 777 Each EXPERT will have SEVEN MINUTES to share their TIP. A one-minute warning will sound. Once the signal sounds, no more TIPS! Please hold all questions until the end. There will be approximately 30 minutes for questions and answers after all have shared. Questions should be directed to the moderator. Please keep track of TIPS on the back of your info sheet.
  • 3. Today’s moderator Veronica Williams hmc2 advertising www.hmc2agency.com 3
  • 4. Joe Mescher Social Media Commando www.socialmediacommando.com 4
  • 5. Social Media KPI's Measuring Engagement
  • 6.
  • 8. New 'friends' after 30/60/90 days   
  • 9.
  • 11. Traditional Rules Laws prohibiting: False advertising Misleading investors Defamation Copyright and trademark infringement Invasion of privacy Doctrine of respondeate superior (company can be liable for actions of agents and employees) 10
  • 12. Guidance from Regulators Federal Trade Commission: employees and bloggers receiving compensation must disclose relationship Securities and Exchange Commission: anti-fraud provisions apply to statements made in online communications 11
  • 13. Enforcement & Lawsuits “Company Settles Case of Reviews It Faked,” New York Times, July 14, 2009 “Online Electronics Stores Caught in Consumer Fraud,” New York Times, June 25, 2009 “Notice Those Ads on Blogs? Regulators Do, Too,” New York Times, August, 10, 2009 “Controversial Blog on Patent Suits Is Authored by Cisco Executive,” Wall Street Journal, February 25, 2008 12
  • 14. Summary The old rules apply, You may be liable for the internet activities of your employees and agents that relate to your company, its products or services, and The government and your competitors are watching. 13
  • 15. TO DO: Design social media campaigns to comply with old rules Don’t fake it or act secretly Establish guidelines for employees and bloggers you hire Monitor compliance 14
  • 16. John Burton Network Performance, Inc. www.npi.net 15
  • 17. 16 Increase “people proximity” by overcoming communication barriers with cloud computing & remote access
  • 18. 17 NPI is focused on excellence in voice and data network services and security. We help businesses succeed by ensuring… High performance communications Business continuity Privacy & Security Comprehensive & Flexible IT support NPI was founded in 1988, based in South Burlington, Vermont with customers throughout the Northeast. Our staff is certified by major vendors like Microsoft - Cisco – Juniper – RSA – Dell - VMware – Shoretel -
  • 19. 18 Key Barriers to Business Communications Geography Time Social
  • 20. 19 Geographic Barrier Accelerate communications to anyone anywhere, using the social network features of cloud apps like Salesforce Chatter, SugarCRM Sugar On-Demand. Assure that everyone has mobile devices so everyone anywhere can participate. Subsidize the use by paying part of the bill. Use new powerful sharing features in MS Office 2010 and Sharepoint to breakdown geographic barriers to sharing core work.   “Every 10 years a major innovation takes place in computing – cloud computing combined with social networking is one of these. The future of enterprise software looks more like Facebook on the iPod than anything “ - Marc Benioff (Salesforce)
  • 21. Time Barrier Live in the “now” by leveraging the cloud and mobile devices to instantly complete tasks rather than putting them off until later. Move from email to texting to pick up your pace and gain from the power of real-time collaboration. Create your own “dashboard” using mobile apps on your smartphone or tablet to get instant feeds of “real time” critical data. Leverage mobile tech to “manufacture” the extra time needed for business social networking.   “Mobile apps open a window of advantage by adding surprising speed and efficiencies. - Mark Jordan Sybase
  • 22. 21 Social Barrier 54% of CIOs prohibit employees from using social networking. Trust “business identified” employees to use social networks so the business can harvest the great content coming from this unstructured tool. Build a Wiki to harness the creative, ”wisdom of the crowd”. Create a CEO blog to share the vision and provide “high touch” to your customers. Reach out to generation i by using their own tools and methods. “What determines our inventiveness is the amount of interaction. Right now our ideas are making love with each other like never before.” – Matt Ridley WSJ
  • 23. Jessie Angus Angus Media Services www.angusmediaservices.com 22
  • 26. 25 What are Geo-Social Networks? Why Do We Care? ( ) + + =
  • 28. 27 A Game Checking in multiple times Overshare badge Photogenic badge
  • 30. 29 Burlington Foursquare Day Participants: The Scuffer and Magic Hat: free t-shirts Red Square: waived cover charge Lake Champlain Chocolates: free truffle August First: $4 every check-in to King Street Youth Center Candles & Creations and 156 Bistro: 10% off all day. Facebook.com/BTVfoursquare DeepDishCreative.com (BTV Foursquare case study)
  • 31. 30 Geo-Social Networking Challenges Advantages can be limited depending on geography Oversharing and privacy PleaseRobMe.com Etiquette OldMediaNewTricks.com/foursquare-etiquette-guide/
  • 32. 31 Locate Yourself Value = CONNECTION List your business. Google Local, Foursquare, join Twitter Get FREE feedback Examine your marketing strategy Business goals Audience Tone of Voice
  • 33. 32 Just for Retail? No! Education (Harvard and UNC) Travel (Lufthansa, SCVNGR) Services (Community-giving) Be Creative
  • 34. 33 Check-in on Foursquare … … for the Swarm badge!
  • 35. Mitch Lieberman Comity Technology Advisors www.comityadvisors.com 34
  • 36. 35 Social CRM It is all about the Customer your
  • 37.
  • 38. Social CRM is an extension of CRM, the biggest change is a focus on your Customers, not a focus on you
  • 39. CRM Social CRM Sales, Support & Marketing + Customer Dynamic Processes Static Processes 1 to 1 Private channel Many to Many Public Channel Technology Culture and Technology
  • 40. Different parts of the organization are not aligned, a Social CRM strategy includes strong guidelines for alignment
  • 41. Social CRM is based on the simple principle that you will invite your customer into the ecosystem and interact with them based on their needs, not your rules. Image by: Textualcreations.ca
  • 42. TIPS – 1 each Support - Keep the ordinary, ordinary; Social includes public channels; more personality needed Sales – The value-add of you and your company’s expertise, not just your product are important, Marketers – Learn to listen, engage and create with your customers, add facts with personality, Social CRM can be done without technology – trucks and delivery personnel can be a great social network
  • 43. 42 Evaluate Your Mobile Strategy Now 7 minutes to being a … Predictions Rationale Options … inMobility
  • 44. 43 Evaluate Your Mobile Strategy Now Prediction Mobile Internet Users>Desktop Internet Users … within5 years. Fact Mobile Internet is ramping faster than Desktop Internet did. - Both Prediction & Fact from Report by Mary Meeker of Morgan Stanley “April 2010 Internet Trends”
  • 45.
  • 46.
  • 47.
  • 48. 47 Evaluate Your Mobile Strategy Now Options Current Lots of Social Media Tools Mobile Websites / Web Apps Inexpensive RAD Tools Custom App Development Emerging Expanding Ad Channels Location-Based Services / RFID Augmented Reality / Interactive Collaborative / Context-Aware
  • 49. 48 Evaluate Your Mobile Strategy Now Will You Be Ready?
  • 50. Rachel Carter Rachel Carter PR www.rachelcarterpr.com 49
  • 51. 50 Keep It Real
  • 52. In keeping it real… Be Relevant Listen Brand = Business Personality Target Audiences ARE NOT Clones! Stop Communicating to the Masses! Professional & Amateur Media BOTH use Social Media Tools Relationships Built using Social Media Tools helps Word of Mouth Marketing Work Effectively Keep Listening & Changing to Keep It Real!
  • 53. Questions and comments? Direct your question at a specific panelist, or ask generally Moderator will help to clarify the question or ask follow up Please be considerate of others 52
  • 54. THANK YOU! Please complete the evaluation form. Please connect with us. Slides are available for download at: www.slideshare.com/dvdv 53