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Social Media:
To Be OR Not To Be

                    Chloe Lim
            15th   April, 2010
Firstly……




            DID YOU KNOW THAT?
There are about 50M
       tweets per day


Source: Gigatweet
There are 133M blogs & > 77%
 of internet users read at least
                         1 blog




                        Source: Technorati
Facebook adds
     500,000 users DAILY


Source: Mashable
Facebook overtook Google as
    site with most traffic in the
                               US
                   Ad spend on social media
                 networking to reach $2B in
                                       2010
        5 out of top 10 websites are social


Pepsi to skip Superbowl Ads
    in favour of $20M social
            media campaign

         Jetstar to move 40% of marketing
          budget to social media marketing
So….



   Doesn’t this simply mean that
   investing in Social Media is a
           “No brainer”?
Before We Jump To Conclusions:



      What is Social Media?

  Any form of online technology,
   website or practice that allows
    users to share information
Consider This:


        Other forms of proven marketing channels
         – Over 80% of internet users use search engines
         – Social Media Spend about 6% of marketing
           spend
         – Search, hotels/air direct website and OTAs still
           main way of researching and buying travel
        Social media is about being social
         – Primary reason (80%) for using social
           networking sites is to connect with friends
        Social media is organic and volatile
         – Negative word of mouth e.g. GM, Nestle




Source: TNS, CMO Survey
Nestle, GreenPeace, Facebook
          and a whole load of trouble




Source: Business Hacks
Nestle: More Negative Press




Source: Nestlé's Facebook Page
Consider This:


        Other forms of proven marketing channels
         –  Over 80% of internet users use search engine ( TNS, 2008)
         –  Search, hotels direct website and OTAs still main way of
            researching and buying travel
         –  Social Media Spend about 6% of marketing spend ( CMO
            Survey)
        Social media is about being social
         –  Primary reason for using social networking sites is to
            connect with friends ( 80% TNS)
        Social media is organic and volatile
         –  Negative word of mouth e.g. GM, Nestle
         –  Communities are global e.g. KFC




Source: TNS, CMO Survey
TO BE OR NOT TO BE?

    Herein lies the question:
    Do you invest in SSM now
    without really understanding it
    & perhaps fail?
    OR
    Do you tread slowly &
    potentially get left behind?




Image: Salvatore Vuono / FreeDigitalPhotos.net
To Understand How To Prioritize Social
Media Marketing, Ask Some Questions:


1.   Do you know what your social media
     marketing objectives are?
2.   Do you have your digital marketing
     strategy or marketing portfolio mapped
     out?
3.   Do you have resources to invest?
4.   Do you an interesting story to tell
     /share?
5.   Do you know what to track?
If You Answered Yes To All Questions,
 Start to Consider Social Media

8 Key Steps to Create a Social Media Strategy:

Before you start:
Start by defining objectives
Observe & listen to customers

During the campaigns:
Communicate authentically
Interest & integrate
Analyse results

Prevent backlash:
Be consistent
Learn to deal
Evolve
SOCIABLE


Start By Defining Objectives



Define what your social media objectives are & how it
fits with the rest of organizational/marketing goals:

  Is it for promotional & branding?
  Is it for customer relationship management?
  Is it for SEO?
  Is it to monitor/manage brand reputation?
  Others

Objectives will drive granular tactics:
  E.g.: Fan Page vs. Groups
SOCIABLE



Observe & Listen to Your Customers


Observation & Listening are the 1st steps to
KNOWING:

  who your potential customers are
  where your customers are
  what they are concerned about
  how to engage
  how to respond
SOCIABLE



Communicate Authentically


Social Media is about communities & by
extension, communication – Authenticity counts!

  DO Be Personable
  DO Use What You’ve Observed
  DO Follow The Etiquette
  DON’T Lie
  DON’T Use Auto-Generated Messages
  DON’T Post The Same Messages Everywhere
SOCIABLE



Interest & Integrate



 There is a lot of noise – Be Interesting
  – Be interesting & have an interesting story to tell
  – E.g. Unique content or exclusive promotion


  Don’t let it go alone - Integrate
  – Don’t separate social media marketing out from other
    marketing activities
         E.g. links in newsletter, website, signature
SOCIABLE



Analyse Results

    Define objectives, establish KPIs to meet
     Examples:
     •  Awareness: Social Media Mentions
     •  User Engagement:
         •   No. & quality of fan comments / feedback
         •   No. of “likes”
         •   No. of times fans initiate the conversation
     •  Acquisitions: Fan Metrics-
         •   How many fans/new fans acquired monthly?
         •   What is the growth in percentage of new fans?
         •   Fan demographics: age, gender, location
         •   Fanpage Pageviews – No. of visits to the hotel’s Fan page &
             Growth in pageviews over time
     •  Web Site Metrics:
         •   No of visitors to the your website originating from SSM
         •   Bookings initiated, bookings, room-nights, revenue

•   Track & analyse your tactics against your KPIs

•   Many Tools: Not perfect but it will get better.
     • Blogpulse, Socialmentions, PostRank, Google Alerts, Socialtoo
SOCIABLE



Be Consistent



 Same customers on different networks can reach
 you
 Naming & branding consistency is important
  –   Different networks
  –   Different employees
 Set naming & branding guidelines
 REMEMBER NESTLE?
SOCIABLE



Learn to Deal



 Be prepared for negative feedback & learn to deal
 with it

 2 way conversations will involve the good & the bad

 On the negatives, focus on how you can turn that
 into a positive.

 An example: Facebook
SOCIABLE



Evolve



 Like other forms of marketing – Evolve your social media
 marketing strategies & campaigns
  – Cycle of implementation, testing, analysis &
     refinement

 After analysis, be prepared to take on learning & evolve
Start By Asking The Questions:


1.       Do you know what your objectives are?
2.       Do you have your digital marketing strategy or
         marketing portfolio mapped out?
3.       Do you have resources?
     –      People
     –      Time
     –      $$
4.       Do you an interesting story to tell /share?
5.       Do you know what to track?
When You Are Ready, Be Sociable:



Start by defining objectives
Observe & listen to your customers
Communicate authentically
Interest & integrate
Analyse results
Be consistent
Learn to deal
Evolve
The End


                             Thank you.

                             Questions?


                                                                               aoom consultancy:
Contact Details:
                                                                           coming to you Jun,2010
Chloe Lim
aoom consultancy
                                                                   “The Knowledge & Expertise of a
Chloe.lim@aoom.com.au                                               Marketing Director Without The
http://au.linkedin.com/in/ChloeLim                                                    Cost Of One”



                       Content Copyright 2010. aoom. All rights reserved

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Social Media Marketing: To Be Or Not To Be

  • 1. Social Media: To Be OR Not To Be Chloe Lim 15th April, 2010
  • 2. Firstly…… DID YOU KNOW THAT?
  • 3. There are about 50M tweets per day Source: Gigatweet
  • 4. There are 133M blogs & > 77% of internet users read at least 1 blog Source: Technorati
  • 5. Facebook adds 500,000 users DAILY Source: Mashable
  • 6. Facebook overtook Google as site with most traffic in the US Ad spend on social media networking to reach $2B in 2010 5 out of top 10 websites are social Pepsi to skip Superbowl Ads in favour of $20M social media campaign Jetstar to move 40% of marketing budget to social media marketing
  • 7. So…. Doesn’t this simply mean that investing in Social Media is a “No brainer”?
  • 8. Before We Jump To Conclusions: What is Social Media? Any form of online technology, website or practice that allows users to share information
  • 9.
  • 10. Consider This: Other forms of proven marketing channels – Over 80% of internet users use search engines – Social Media Spend about 6% of marketing spend – Search, hotels/air direct website and OTAs still main way of researching and buying travel Social media is about being social – Primary reason (80%) for using social networking sites is to connect with friends Social media is organic and volatile – Negative word of mouth e.g. GM, Nestle Source: TNS, CMO Survey
  • 11. Nestle, GreenPeace, Facebook and a whole load of trouble Source: Business Hacks
  • 12. Nestle: More Negative Press Source: Nestlé's Facebook Page
  • 13. Consider This: Other forms of proven marketing channels – Over 80% of internet users use search engine ( TNS, 2008) – Search, hotels direct website and OTAs still main way of researching and buying travel – Social Media Spend about 6% of marketing spend ( CMO Survey) Social media is about being social – Primary reason for using social networking sites is to connect with friends ( 80% TNS) Social media is organic and volatile – Negative word of mouth e.g. GM, Nestle – Communities are global e.g. KFC Source: TNS, CMO Survey
  • 14. TO BE OR NOT TO BE? Herein lies the question: Do you invest in SSM now without really understanding it & perhaps fail? OR Do you tread slowly & potentially get left behind? Image: Salvatore Vuono / FreeDigitalPhotos.net
  • 15. To Understand How To Prioritize Social Media Marketing, Ask Some Questions: 1. Do you know what your social media marketing objectives are? 2. Do you have your digital marketing strategy or marketing portfolio mapped out? 3. Do you have resources to invest? 4. Do you an interesting story to tell /share? 5. Do you know what to track?
  • 16. If You Answered Yes To All Questions, Start to Consider Social Media 8 Key Steps to Create a Social Media Strategy: Before you start: Start by defining objectives Observe & listen to customers During the campaigns: Communicate authentically Interest & integrate Analyse results Prevent backlash: Be consistent Learn to deal Evolve
  • 17. SOCIABLE Start By Defining Objectives Define what your social media objectives are & how it fits with the rest of organizational/marketing goals: Is it for promotional & branding? Is it for customer relationship management? Is it for SEO? Is it to monitor/manage brand reputation? Others Objectives will drive granular tactics: E.g.: Fan Page vs. Groups
  • 18. SOCIABLE Observe & Listen to Your Customers Observation & Listening are the 1st steps to KNOWING: who your potential customers are where your customers are what they are concerned about how to engage how to respond
  • 19. SOCIABLE Communicate Authentically Social Media is about communities & by extension, communication – Authenticity counts! DO Be Personable DO Use What You’ve Observed DO Follow The Etiquette DON’T Lie DON’T Use Auto-Generated Messages DON’T Post The Same Messages Everywhere
  • 20. SOCIABLE Interest & Integrate There is a lot of noise – Be Interesting – Be interesting & have an interesting story to tell – E.g. Unique content or exclusive promotion Don’t let it go alone - Integrate – Don’t separate social media marketing out from other marketing activities E.g. links in newsletter, website, signature
  • 21. SOCIABLE Analyse Results Define objectives, establish KPIs to meet Examples: • Awareness: Social Media Mentions • User Engagement: • No. & quality of fan comments / feedback • No. of “likes” • No. of times fans initiate the conversation • Acquisitions: Fan Metrics- • How many fans/new fans acquired monthly? • What is the growth in percentage of new fans? • Fan demographics: age, gender, location • Fanpage Pageviews – No. of visits to the hotel’s Fan page & Growth in pageviews over time • Web Site Metrics: • No of visitors to the your website originating from SSM • Bookings initiated, bookings, room-nights, revenue • Track & analyse your tactics against your KPIs • Many Tools: Not perfect but it will get better. • Blogpulse, Socialmentions, PostRank, Google Alerts, Socialtoo
  • 22. SOCIABLE Be Consistent Same customers on different networks can reach you Naming & branding consistency is important – Different networks – Different employees Set naming & branding guidelines REMEMBER NESTLE?
  • 23. SOCIABLE Learn to Deal Be prepared for negative feedback & learn to deal with it 2 way conversations will involve the good & the bad On the negatives, focus on how you can turn that into a positive. An example: Facebook
  • 24. SOCIABLE Evolve Like other forms of marketing – Evolve your social media marketing strategies & campaigns – Cycle of implementation, testing, analysis & refinement After analysis, be prepared to take on learning & evolve
  • 25. Start By Asking The Questions: 1. Do you know what your objectives are? 2. Do you have your digital marketing strategy or marketing portfolio mapped out? 3. Do you have resources? – People – Time – $$ 4. Do you an interesting story to tell /share? 5. Do you know what to track?
  • 26. When You Are Ready, Be Sociable: Start by defining objectives Observe & listen to your customers Communicate authentically Interest & integrate Analyse results Be consistent Learn to deal Evolve
  • 27. The End Thank you. Questions? aoom consultancy: Contact Details: coming to you Jun,2010 Chloe Lim aoom consultancy “The Knowledge & Expertise of a Chloe.lim@aoom.com.au Marketing Director Without The http://au.linkedin.com/in/ChloeLim Cost Of One” Content Copyright 2010. aoom. All rights reserved