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Demystifying Social Media AnandanPillai FPM Scholar Management Development Institute
Agenda Media Evolution Social Media Facts: Indian Context Consumer Buying Process in Social Media Era Common Myths about Social Media Case Studies
Predominant use of “any” media?
I don’t want to be left out!
Apart from listening, now I also want to Create Share Discuss Modify
Marketers have milked traditional media predominantly for  THEIR BENEFIT
Traditional Media
Empowered audience
Brand’s new approach!
Media Evolution PAID MEDIA EARNED MEDIA OWNED MEDIA
Social Media Facts: Indian Context
Customer’s Buying Process in Social Media Era ,[object Object]
Social media websites Mouthshut.com, Tripadvisor.com, Indiareviewchannel.com, Yelp.com ,[object Object]
Social commerce
Sharing experience on social media
Referrals and Recommendations,[object Object]
Dominos Pizza
Mattel vs. Greenpeace
Nestle vs. Greenpeace
Myth 2: Customers will start complaining
BSNL
IRCTC
Myth 3: Its not a CORE activity, so OUTSOURCE
Myth 4: Just Start & You Will Find a Way
Myth 5: My customers are  not on  Facebook / Twitter / LinkedIn
Myth 6: Social Media is Just for Marketing
Myth 7: Social Media is all about  selecting appropriate platforms
Myth 8: Let’s run it for few days & then stop
Myth 9: Social Media will replace Traditional Media
Myth 10: Social Media will Fade Away
Platforms MAY FADE, but  ATTITUDE won’t
Engagement should be the focus Metrics should follow Objectives Don’t measure blindly  Qualitative metrics would make more sense than mere numbers Focus on opportunity cost that was saved! Social Media RoI
Case Studies
3 Key Elements of Social Media C Community P Platform C Content

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