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Customer Connection 2.0
   Social Media Trends for 2012 and beyond

   Super Zoo
                                                               September 14-15, 2011




How Are Organizations Integrating Social Media
Into Their Marketing Strategies?

                                                       •      Garner Buy-in
                                                       •    Determine Overall
                                                           Strategy
                                                       •    Developing
                                                           Corporate Policy
                                                       •    Educating
                                                           Employees
                                                       •    Monitoring
                                                           Results


Source: MarketingProfs

                         Creative Business Consulting Group                   www.cbc-group.net




                                                                                                  1
What Are Organizations Using Social Media For
Primarily?


   43.9% of
 Marketers Say
  They Have a
 Defined Social
 Media Strategy




                                                       Creative Business Consulting Group   www.cbc-group.net




What Do Organizations Anticipate Will Be Their
Greatest Challenge With Social Media?


44.6 % Time And Resources
33.1% Demonstrating ROI
12.8% Differentiating From
Competitors
5.5% Lack of Knowledge/Skills




              How Will Your Business Plan For Success In 2012?
 Source: 2010 Social Media Marketing Survey, R2Integrated


                                                       Creative Business Consulting Group   www.cbc-group.net




                                                                                                                2
How Do Organizations Measure Success Using
Social Media?

                                                                            •    27.7% Website Traffic From
                                                                                Social Media Links
                                                                            •    24.7%
                                                                                Engagements/Conversations
                                                                                About Your Brand
                                                                            •    20.9% Fans/Followers
                                                                                Acquisition
                                                                            •    18.9% Track Leads


      36% Of Companies Say They Have Been Able To Make A Conversion From Initial
                       Connection To Sale Via Social Channels

Source: 2010 Social Media Marketing Survey, R2Integrated

                                                           Creative Business Consulting Group           www.cbc-group.net




We Are Becoming A Culture Of Sharing




       Expect More Consumers To Become Curators: Broadcasting,
      Compiling, Commenting, Sharing And Recommending Content,
      Products, Purchases, And Experiences To Friends And Beyond

                                                           Creative Business Consulting Group           www.cbc-group.net




                                                                                                                            3
Walls Are Becoming Malls; Consumers Are
Getting Turned Off Of Brand Blabbing




                   Creative Business Consulting Group   www.cbc-group.net




  And Turning To Friends For A Trusted Source
Of Information On Products and Services




                   Creative Business Consulting Group   www.cbc-group.net




                                                                            4
6 Key Emerging Trends In Social Media
For 2012

 1. Consumer Content
    Creation
 2. Niche Location
 3. Group Purchasing
 4. Integrating Social
    Functions
 5. Social Gaming
 6. Mobile Marketing

                         Creative Business Consulting Group   www.cbc-group.net




Social Tools and Trends for 2012: Consumer
Content Curation

                                                    Cadmus




                             Are We In The Stream Will Be the #1
                             Question Of Brand Managers In 2012
                         Creative Business Consulting Group   www.cbc-group.net




                                                                                  5
Consumers Are Increasing Their Degree of
Participation; Moving From Watching to Curating


   Degree of Participation




                             Creative Business Consulting Group   www.cbc-group.net




How To Apply Consumer Content Curation
    Create Compelling And Share Worthy
    Content
    Get Noticed, Get Liked
    Use Content Curators To Spread
    Information Regularly
    Brands Must Create Content That Gets
    Curated Into People’s Streams
    Legitimately Earn Your Way Into
    People’s Streams
 Discerning Consumers Are Using Friend
   Lists To Pay Close Attention Only To
 Their “Real” Friends, And Commenting
 On Or Sharing Only When Something Is
                Really Juicy
                             Creative Business Consulting Group   www.cbc-group.net




                                                                                      6
Consumer Content Curation Case Study; CBCG

                                                             • Client Of CBCG
                                                             • Positive Commentary
                                                              On Experience
                                                             • 2,036 Fans Reached
                                                              Who CBCG Could Not
                                                              Communicate With
                                                              Normally
                                                             • Authentic Promotion




                              Creative Business Consulting Group             www.cbc-group.net




Social Tools and Trends for 2012: Niche Location
2011 The Year Of Location
  .2012 The Year Of Niche Location

  •    Location Based Marketing
      Services (LBS) Get More
      Narrowly Focused
  •    Consumers Are More Likely
      To Use If:
          1. Specific Value
             Returned
          2. Less Of A Feeling Of
             “Big Brother”
             Broadcast To All


                              Creative Business Consulting Group             www.cbc-group.net




                                                                                                 7
How To Apply Niche Location




 •    Foursquare – Location Based Mobile Social
     Network And Checking Application
 •     Services Like Shopkick – Provides Awards
     (Kickbucks) For Simply Visiting A Store Location
     With A Smartphone
 •      Geo-location Messaging Technology Like Xtify




                                                  Creative Business Consulting Group   www.cbc-group.net




Social Tools and Trends for 2012: Group
Purchasing
 •      There Are Over 80 Group Buying Sites
 •      Groupon – 21M Subscribers




     Source: USA Today – June 2010, Groupon.com


                                                  Creative Business Consulting Group   www.cbc-group.net




                                                                                                           8
How To Apply Group Purchasing
 •     Run The Numbers; Does This Work For Your
      Business Model?
            Groupon Can Take Up To 50% Of Revenues –
            Payments delivered over 2- 3 Months
 •     Create A Compelling Offer: Goal Is To Create
      Satisfied Customers Who Will Return Again
 •     Prepare Your Staff With Appropriate Sales
      Training Techniques To Increase Sale
 •      Consider Capping The Number Of Sales
 •     Forecast Demand And Get Prepared For
      The Onslaught
 •     Collect Contact Information When
      Customers Redeem
  Source: Inc. April 1, 2010                  Creative Business Consulting Group   www.cbc-group.net




Group Purchasing Case Study:
Big Picture Framing Boston, MA

  •    $100 Worth Of Custom Framing For $45
      Groupon
  •     2,412 Groupons Sold
  •    $108K In Revenue For Big Picture From
      Groupon Activity
  •     240 Groupon Redeemed in 30 Days
  •    Total Store Sales Were Up 28% In Month Of
      Groupon

 “We ran this Groupon during our biggest sale month and exceeded sales by
       28%. December was even better. We did 31% more than last year.”
                  Barry Stahl, Owner Big Picture

Source: Business Insider, December 14, 2010   Creative Business Consulting Group   www.cbc-group.net




                                                                                                       9
Social Tools and Trends for 2012: Integrating
Social Functions Makes Websites Fashionable




                                  Creative Business Consulting Group   www.cbc-group.net




How To Apply Social Functions To A Website

•      Use Both Strategy And Good Taste
       To Garner Attention
•     To Design A Good Call-to-action
    Social Media Icon/Link Think About
    Its Positioning, Its Color, Approach,
    Style, Size, Everything
Remember: Get The Attention Of Your
Viewers To The Social Side Of Your
Website Without Distracting Viewers
From Content


            A Good Social Media Link Is One That You Have No Trouble
              Finding And When You Find It, You Like What You See

    Source: webdesignledger.com   Creative Business Consulting Group   www.cbc-group.net




                                                                                           10
Integrating Social Functions Case Study




                                    Creative Business Consulting Group       www.cbc-group.net




Social Tools and Trends for 2012: Social Gaming

   •     Zynga Is The Largest Social Gaming Platform on the Internet
   •    Big Brands Are Integrating Gaming With Existing Social Media
       Platforms
          • Creating Their Own Gaming Structures For Consumers
          • Goal: Advance Best Customers Preferred Status, Obtain
            Coupons And Freebies

                56 Million Americans Are Playing Social Games And That The
                          Branded Virtual Goods Market Is Booming




Source: Mashable.com                Creative Business Consulting Group       www.cbc-group.net




                                                                                                 11
Social Gaming Case Study; 7 Eleven in
Farmville
  •    7-Eleven Tying Products Like Iced
      Coffee And Slurpees With Farmville
      Games
  •    When A Customer Bought A
      Promoted Product, He Or She Was
      Directed To Perform A Task In The
      Game To Unlock A 7-Eleven Virtual
      Good
  •    Ran In 7,000 Stores For Six Weeks
  •    More Than 3 Million Codes Were
      Redeemed, And Water Had A 60%
      Redemption Rate


Source: Mashable.com          Creative Business Consulting Group   www.cbc-group.net




                              Creative Business Consulting Group   www.cbc-group.net




                                                                                       12
Why Mobile Marketing For Your Small Business?

 • There Are Twice As Many Cell Phones In
   Use Today As There Are TV’s
 • Text Messages Have A 98% Open Rate Vs.
   Email Which Opens At 22%

 • Mobile Payment Providers Making Paying
   For Goods and Services And Taking
   Payments Much Easier Today

 • Users Have Unlimited Text Programs
   Making Mobile Marketing Reach More
   Effective and Affordable

 • You Can Outsource Your Mobile Campaigns
   To Marketing Professionals
  Source: Altimeter


                                      Creative Business Consulting Group    www.cbc-group.net




CBCG Is Here To Help If You Need It

                      Lynn Switanowski-Barrett is the Founder and President of
                      Creative Business Consulting Group, (CBCG) a Boston
                      based Retail Consulting firm.

                                 CBCG Helps Retailers Understand:
                      •Business Opportunities Created By Using Social Media
                      •How to Create Marketing Programs That Engage Customers
                      •The Cost Saving Benefits Of Using Social Media
                      •How to Create A Social Media Strategy for Your Business

                      Call Us Today And Learn More About How Your Business
                                 Can Benefit By Using Social Media

                                          617 – 437- 9191


                                      Creative Business Consulting Group    www.cbc-group.net




                                                                                                13
Follow Creative Business Consulting Group

       We Talk Retail In These Places!


                 @RetailHelper


                 http://cbcgretailreport.blogspot.com


                 www.linkedin.com/in/lynnswitanowski

                 http://www.facebook.com/CBCGroup
                  Creative Business Consulting Group   www.cbc-group.net




                                                                           14

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Customer connection 2.0 Super Zoo 2011

  • 1. Customer Connection 2.0 Social Media Trends for 2012 and beyond Super Zoo September 14-15, 2011 How Are Organizations Integrating Social Media Into Their Marketing Strategies? • Garner Buy-in • Determine Overall Strategy • Developing Corporate Policy • Educating Employees • Monitoring Results Source: MarketingProfs Creative Business Consulting Group www.cbc-group.net 1
  • 2. What Are Organizations Using Social Media For Primarily? 43.9% of Marketers Say They Have a Defined Social Media Strategy Creative Business Consulting Group www.cbc-group.net What Do Organizations Anticipate Will Be Their Greatest Challenge With Social Media? 44.6 % Time And Resources 33.1% Demonstrating ROI 12.8% Differentiating From Competitors 5.5% Lack of Knowledge/Skills How Will Your Business Plan For Success In 2012? Source: 2010 Social Media Marketing Survey, R2Integrated Creative Business Consulting Group www.cbc-group.net 2
  • 3. How Do Organizations Measure Success Using Social Media? • 27.7% Website Traffic From Social Media Links • 24.7% Engagements/Conversations About Your Brand • 20.9% Fans/Followers Acquisition • 18.9% Track Leads 36% Of Companies Say They Have Been Able To Make A Conversion From Initial Connection To Sale Via Social Channels Source: 2010 Social Media Marketing Survey, R2Integrated Creative Business Consulting Group www.cbc-group.net We Are Becoming A Culture Of Sharing Expect More Consumers To Become Curators: Broadcasting, Compiling, Commenting, Sharing And Recommending Content, Products, Purchases, And Experiences To Friends And Beyond Creative Business Consulting Group www.cbc-group.net 3
  • 4. Walls Are Becoming Malls; Consumers Are Getting Turned Off Of Brand Blabbing Creative Business Consulting Group www.cbc-group.net And Turning To Friends For A Trusted Source Of Information On Products and Services Creative Business Consulting Group www.cbc-group.net 4
  • 5. 6 Key Emerging Trends In Social Media For 2012 1. Consumer Content Creation 2. Niche Location 3. Group Purchasing 4. Integrating Social Functions 5. Social Gaming 6. Mobile Marketing Creative Business Consulting Group www.cbc-group.net Social Tools and Trends for 2012: Consumer Content Curation Cadmus Are We In The Stream Will Be the #1 Question Of Brand Managers In 2012 Creative Business Consulting Group www.cbc-group.net 5
  • 6. Consumers Are Increasing Their Degree of Participation; Moving From Watching to Curating Degree of Participation Creative Business Consulting Group www.cbc-group.net How To Apply Consumer Content Curation Create Compelling And Share Worthy Content Get Noticed, Get Liked Use Content Curators To Spread Information Regularly Brands Must Create Content That Gets Curated Into People’s Streams Legitimately Earn Your Way Into People’s Streams Discerning Consumers Are Using Friend Lists To Pay Close Attention Only To Their “Real” Friends, And Commenting On Or Sharing Only When Something Is Really Juicy Creative Business Consulting Group www.cbc-group.net 6
  • 7. Consumer Content Curation Case Study; CBCG • Client Of CBCG • Positive Commentary On Experience • 2,036 Fans Reached Who CBCG Could Not Communicate With Normally • Authentic Promotion Creative Business Consulting Group www.cbc-group.net Social Tools and Trends for 2012: Niche Location 2011 The Year Of Location .2012 The Year Of Niche Location • Location Based Marketing Services (LBS) Get More Narrowly Focused • Consumers Are More Likely To Use If: 1. Specific Value Returned 2. Less Of A Feeling Of “Big Brother” Broadcast To All Creative Business Consulting Group www.cbc-group.net 7
  • 8. How To Apply Niche Location • Foursquare – Location Based Mobile Social Network And Checking Application • Services Like Shopkick – Provides Awards (Kickbucks) For Simply Visiting A Store Location With A Smartphone • Geo-location Messaging Technology Like Xtify Creative Business Consulting Group www.cbc-group.net Social Tools and Trends for 2012: Group Purchasing • There Are Over 80 Group Buying Sites • Groupon – 21M Subscribers Source: USA Today – June 2010, Groupon.com Creative Business Consulting Group www.cbc-group.net 8
  • 9. How To Apply Group Purchasing • Run The Numbers; Does This Work For Your Business Model? Groupon Can Take Up To 50% Of Revenues – Payments delivered over 2- 3 Months • Create A Compelling Offer: Goal Is To Create Satisfied Customers Who Will Return Again • Prepare Your Staff With Appropriate Sales Training Techniques To Increase Sale • Consider Capping The Number Of Sales • Forecast Demand And Get Prepared For The Onslaught • Collect Contact Information When Customers Redeem Source: Inc. April 1, 2010 Creative Business Consulting Group www.cbc-group.net Group Purchasing Case Study: Big Picture Framing Boston, MA • $100 Worth Of Custom Framing For $45 Groupon • 2,412 Groupons Sold • $108K In Revenue For Big Picture From Groupon Activity • 240 Groupon Redeemed in 30 Days • Total Store Sales Were Up 28% In Month Of Groupon “We ran this Groupon during our biggest sale month and exceeded sales by 28%. December was even better. We did 31% more than last year.” Barry Stahl, Owner Big Picture Source: Business Insider, December 14, 2010 Creative Business Consulting Group www.cbc-group.net 9
  • 10. Social Tools and Trends for 2012: Integrating Social Functions Makes Websites Fashionable Creative Business Consulting Group www.cbc-group.net How To Apply Social Functions To A Website • Use Both Strategy And Good Taste To Garner Attention • To Design A Good Call-to-action Social Media Icon/Link Think About Its Positioning, Its Color, Approach, Style, Size, Everything Remember: Get The Attention Of Your Viewers To The Social Side Of Your Website Without Distracting Viewers From Content A Good Social Media Link Is One That You Have No Trouble Finding And When You Find It, You Like What You See Source: webdesignledger.com Creative Business Consulting Group www.cbc-group.net 10
  • 11. Integrating Social Functions Case Study Creative Business Consulting Group www.cbc-group.net Social Tools and Trends for 2012: Social Gaming • Zynga Is The Largest Social Gaming Platform on the Internet • Big Brands Are Integrating Gaming With Existing Social Media Platforms • Creating Their Own Gaming Structures For Consumers • Goal: Advance Best Customers Preferred Status, Obtain Coupons And Freebies 56 Million Americans Are Playing Social Games And That The Branded Virtual Goods Market Is Booming Source: Mashable.com Creative Business Consulting Group www.cbc-group.net 11
  • 12. Social Gaming Case Study; 7 Eleven in Farmville • 7-Eleven Tying Products Like Iced Coffee And Slurpees With Farmville Games • When A Customer Bought A Promoted Product, He Or She Was Directed To Perform A Task In The Game To Unlock A 7-Eleven Virtual Good • Ran In 7,000 Stores For Six Weeks • More Than 3 Million Codes Were Redeemed, And Water Had A 60% Redemption Rate Source: Mashable.com Creative Business Consulting Group www.cbc-group.net Creative Business Consulting Group www.cbc-group.net 12
  • 13. Why Mobile Marketing For Your Small Business? • There Are Twice As Many Cell Phones In Use Today As There Are TV’s • Text Messages Have A 98% Open Rate Vs. Email Which Opens At 22% • Mobile Payment Providers Making Paying For Goods and Services And Taking Payments Much Easier Today • Users Have Unlimited Text Programs Making Mobile Marketing Reach More Effective and Affordable • You Can Outsource Your Mobile Campaigns To Marketing Professionals Source: Altimeter Creative Business Consulting Group www.cbc-group.net CBCG Is Here To Help If You Need It Lynn Switanowski-Barrett is the Founder and President of Creative Business Consulting Group, (CBCG) a Boston based Retail Consulting firm. CBCG Helps Retailers Understand: •Business Opportunities Created By Using Social Media •How to Create Marketing Programs That Engage Customers •The Cost Saving Benefits Of Using Social Media •How to Create A Social Media Strategy for Your Business Call Us Today And Learn More About How Your Business Can Benefit By Using Social Media 617 – 437- 9191 Creative Business Consulting Group www.cbc-group.net 13
  • 14. Follow Creative Business Consulting Group We Talk Retail In These Places! @RetailHelper http://cbcgretailreport.blogspot.com www.linkedin.com/in/lynnswitanowski http://www.facebook.com/CBCGroup Creative Business Consulting Group www.cbc-group.net 14