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Social Marketing
BlackRock Presentation
     An integrated view to create value
2
Select B2B Clients
Your customers are building your brand
    more than your advertising is…
                                    4
04
18
Customers are more effective in
     influencing prospects than you are…
                                       5
04
18
Brands are built by customers.

                                      6
04
18
Customers talking with customers


                                        7
04
18
Give them something to talk about

                                         8
04
18
Post advertising age

                            9
04
18
It’s not about talking ‘at’ them,
           but working ‘for’ them



                                         10
04
18
Connected, Always On, Content Rich,
               a Service

                                   11
04
18
More power….less control…more
                influence
                                     12
04
18
When integrated
social, mobile, content, audience design
                 and CRM
             Amplification
                                      13
04
18
INSIGHT 1
 The linear purchase funnel is a myth.




                                    14
From this


          Eyeballs   Awareness   Relevance   Consideration   Loyalty   Advocacy        Buyers




                                 To this




                                                                       Source: McKinsey Consulting


6 18 09                                                                                              15
Rethink the points of influence within the
               sales cycle
             paid vs. earned media




                                             16
Target customers in the post purchase cycle




                                                  Source: McKinsey Consulting


6 18 09                                                                         17
INSIGHT 2


 Your customers are talking about your
 product/service. You must be part of that
 conversation or your sales staff will be at a
 disadvantage


                                            18
Sales will be left behind if they are not supported with Social
                                                              PRINT
                                             CONFERENCES                     DIRECT MAIL



                                                                                       PROMOTIONS
                                     TRADE SHOWS




                                                             TRADITIONAL
                                                             MEDIA
          PEERS                                                                                                     PEERS




    INDUSTRY EXPERTS                                                                                                  INDUSTRY EXPERTS
                                           PROSPECTS       PROSPECTS SALES AND
                                                                                                         BUSINESS
                   BUSINESS                AND             AND           RELATIONSHIP                    NETWORK
                   NETWORK
                                           CLIENTS         CLIENTS       MANAGERS
                                                                                                                     CLIENTS
    CUSTOMERS




                                                            DIGITAL

                         SEARCH
                        ENGINES                                                                     INTERACTIVE
                                                                                                           ADS

                              SOCIAL                                                          WEBINARS
                              NETWORKS
                                     COMMUNITY                                          PODCAST
                                     FORUMS
                                            TWITTER/RSS                       MOBILE
                                                          BLOGS   WEBSITES




6 18 09
Insight 3
Consumerization of the Enterprise:
Changing content, social and mobile
behaviors

                                 20
Content


         Consumer Trend                   Business Trend

                                 …Leading B2B marketers are
Online video views are growing   leveraging the medium for
exponentially…                   thought leadership and product
                                 testimonials
Social
         Consumer Trend                   Business Trend


  Social networks supplementing   … LinkedIn launched Company
  search for advice and           Pages that highlight company
  recommendations…                products, drive member
                                  recommendations and generate
                                  awareness through viral updates
Proof that influence is growing


                 Social Media Usage At Work
                               2008                         2009

                    Professional      Personal   Professional      Personal



     LinkedIn         62%               33%         86%               48%

     Twitter          13%               11%         76%               62%

     Face Book        18%               35%         36%               93%
     You Tube         34%               55%         51%               85%



                                                 Source: eMarketer.com



                                                                              23
Mobile


         Consumer Trend                     Business Trend

  Mobile social networking has   … Droid Pro (enterprise device) was just
  exploded…. 30% of Facebook     introduced with aggregated social
  interactions on the phone      network functions
Marketers need a holistic view of social


Combine content, social and mobile and form a CRM discipline to
 capitalize on the benefits of lead generation, sales support and
                     brand/product advocacy




                                                                    25
Successful B2B brands integrate
         content, social, mobile and CRM



      Small
     Business       Mid-Market and Large Corporate




                                                     26
04
18
Openforum.com
The premiere destination for savvy business
owners, providing a wealth of resources to help
them grow their business

  Exclusive Content
    – Originally produced events
    – Blogs by respected members of the Small biz
      community
    – Cardmember Stories/Insights

  An active community of savvy business owners
  (Discussion forums)

  Curated Partner Content – Inc., Entrepreneur, etc.

  Participation by key OPEN Executives
    – Susan Sobbot




                                                       27
American Express OPEN Forum Connects
Small Business Owners to the Best in Business

Core Principles:

   Recruit top-tier talent

   Say something different

   Invite others to participate

   Scale conversations online




                                                Gold, Brand Awareness &
                                                Positioning Award (2008)




                                                                      28
Partner with Credible Bloggers to Scale Conversation
                                                 Over at the American
                                                 Express OPEN blog, I
                                                 posted an article called
                                                 “Tough Talk for Tough
                                                 Times: What the CEO
                                                 Should Be Saying Now.”
                                                                      Guy
                                                                  Kawasaki


Blogs.openforum.com ranked 21 of 150 of the most influential and relevant entrepreneur
blogs based on eCairn data




                                                                                         29
Conversations Spread Naturally: Twitter Amplifications




                                                         30
Scale Content Syndication Through a Digital Publishing Platform




    Achieved enormous reach

    Driven costs down dramatically

    Prospects exposed to the media player were more likely to apply for the Card




   Gold, Business-to-
    Business (2009)



                                                                                   31
Connected to advertising

                           Dynamic online ad unit




                                                        32
                                 Click to view online
Lessons Learned




                  33
"Participating" customers are important in
influencing prospects. Find the influencers
and nurture them




                                              34
Build an audience of influencers, those that
              will participate.
          Create a forum for them.
  Then direct marketing dollars to bring prospects to them.




                                                              35
Listen before you build
Listen before building




                             36
Understand who is talking about what before
determining what conversation you need to join and
              what you need to say
               Overall Voices Sentiment




                    Lesson 1
                      Listen before you build




                                                     37
Marketing as a service




                         38
Invest in earned media vs. paid




                                  39
Lesson 2
Show, don't tell
 Show, don't tell




                    40
Use video to bring your brand, products and customer
                  testimonials to life




                    Show, don't tell




                                                       41
Fish where the fish are
Seed content and conversation in places where you
        target audience is already going…




                                                    43
… so others can help distribute it further




                                             44
Design for mobility at the core




                                  45
Social is mobile


    Desktop sales                   Tablet sales
                                                   20 million
19 million                                          in 2015
 in 2010
                    16 million
                     in 2015


                                    4 million
                                     in 2010




                                                                46
Don't big, start small
Think disintermediate Sales




                              47
Integrate Content and Social with CRM
    Think big, start small




                                    48
Think big, start small




                         49
Five ways to start NOW


1. Social is not simply Twitter, Facebook and YouTube

2. Content is the new creative – hire a content strategist

3. Find current customers (fans) and engage

4. Invest in earned media – hire a community manager
5. Leverage your sales and customer service reps to ask for
   positive tweets      Think big, start small




                                                             50
Thank You




            51

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Social Marketing: An Integrated View to Create Value - BDI 12/15/10 B2B Social Communications Leadership Forum

  • 1. Social Marketing BlackRock Presentation An integrated view to create value
  • 2. 2
  • 4. Your customers are building your brand more than your advertising is… 4 04 18
  • 5. Customers are more effective in influencing prospects than you are… 5 04 18
  • 6. Brands are built by customers. 6 04 18
  • 7. Customers talking with customers 7 04 18
  • 8. Give them something to talk about 8 04 18
  • 10. It’s not about talking ‘at’ them, but working ‘for’ them 10 04 18
  • 11. Connected, Always On, Content Rich, a Service 11 04 18
  • 12. More power….less control…more influence 12 04 18
  • 13. When integrated social, mobile, content, audience design and CRM Amplification 13 04 18
  • 14. INSIGHT 1 The linear purchase funnel is a myth. 14
  • 15. From this Eyeballs Awareness Relevance Consideration Loyalty Advocacy Buyers To this Source: McKinsey Consulting 6 18 09 15
  • 16. Rethink the points of influence within the sales cycle paid vs. earned media 16
  • 17. Target customers in the post purchase cycle Source: McKinsey Consulting 6 18 09 17
  • 18. INSIGHT 2 Your customers are talking about your product/service. You must be part of that conversation or your sales staff will be at a disadvantage 18
  • 19. Sales will be left behind if they are not supported with Social PRINT CONFERENCES DIRECT MAIL PROMOTIONS TRADE SHOWS TRADITIONAL MEDIA PEERS PEERS INDUSTRY EXPERTS INDUSTRY EXPERTS PROSPECTS PROSPECTS SALES AND BUSINESS BUSINESS AND AND RELATIONSHIP NETWORK NETWORK CLIENTS CLIENTS MANAGERS CLIENTS CUSTOMERS DIGITAL SEARCH ENGINES INTERACTIVE ADS SOCIAL WEBINARS NETWORKS COMMUNITY PODCAST FORUMS TWITTER/RSS MOBILE BLOGS WEBSITES 6 18 09
  • 20. Insight 3 Consumerization of the Enterprise: Changing content, social and mobile behaviors 20
  • 21. Content Consumer Trend Business Trend …Leading B2B marketers are Online video views are growing leveraging the medium for exponentially… thought leadership and product testimonials
  • 22. Social Consumer Trend Business Trend Social networks supplementing … LinkedIn launched Company search for advice and Pages that highlight company recommendations… products, drive member recommendations and generate awareness through viral updates
  • 23. Proof that influence is growing Social Media Usage At Work 2008 2009 Professional Personal Professional Personal LinkedIn 62% 33% 86% 48% Twitter 13% 11% 76% 62% Face Book 18% 35% 36% 93% You Tube 34% 55% 51% 85% Source: eMarketer.com 23
  • 24. Mobile Consumer Trend Business Trend Mobile social networking has … Droid Pro (enterprise device) was just exploded…. 30% of Facebook introduced with aggregated social interactions on the phone network functions
  • 25. Marketers need a holistic view of social Combine content, social and mobile and form a CRM discipline to capitalize on the benefits of lead generation, sales support and brand/product advocacy 25
  • 26. Successful B2B brands integrate content, social, mobile and CRM Small Business Mid-Market and Large Corporate 26 04 18
  • 27. Openforum.com The premiere destination for savvy business owners, providing a wealth of resources to help them grow their business Exclusive Content – Originally produced events – Blogs by respected members of the Small biz community – Cardmember Stories/Insights An active community of savvy business owners (Discussion forums) Curated Partner Content – Inc., Entrepreneur, etc. Participation by key OPEN Executives – Susan Sobbot 27
  • 28. American Express OPEN Forum Connects Small Business Owners to the Best in Business Core Principles: Recruit top-tier talent Say something different Invite others to participate Scale conversations online Gold, Brand Awareness & Positioning Award (2008) 28
  • 29. Partner with Credible Bloggers to Scale Conversation Over at the American Express OPEN blog, I posted an article called “Tough Talk for Tough Times: What the CEO Should Be Saying Now.” Guy Kawasaki Blogs.openforum.com ranked 21 of 150 of the most influential and relevant entrepreneur blogs based on eCairn data 29
  • 30. Conversations Spread Naturally: Twitter Amplifications 30
  • 31. Scale Content Syndication Through a Digital Publishing Platform Achieved enormous reach Driven costs down dramatically Prospects exposed to the media player were more likely to apply for the Card Gold, Business-to- Business (2009) 31
  • 32. Connected to advertising Dynamic online ad unit 32 Click to view online
  • 34. "Participating" customers are important in influencing prospects. Find the influencers and nurture them 34
  • 35. Build an audience of influencers, those that will participate. Create a forum for them. Then direct marketing dollars to bring prospects to them. 35
  • 36. Listen before you build Listen before building 36
  • 37. Understand who is talking about what before determining what conversation you need to join and what you need to say Overall Voices Sentiment Lesson 1 Listen before you build 37
  • 38. Marketing as a service 38
  • 39. Invest in earned media vs. paid 39
  • 40. Lesson 2 Show, don't tell Show, don't tell 40
  • 41. Use video to bring your brand, products and customer testimonials to life Show, don't tell 41
  • 42. Fish where the fish are
  • 43. Seed content and conversation in places where you target audience is already going… 43
  • 44. … so others can help distribute it further 44
  • 45. Design for mobility at the core 45
  • 46. Social is mobile Desktop sales Tablet sales 20 million 19 million in 2015 in 2010 16 million in 2015 4 million in 2010 46
  • 47. Don't big, start small Think disintermediate Sales 47
  • 48. Integrate Content and Social with CRM Think big, start small 48
  • 49. Think big, start small 49
  • 50. Five ways to start NOW 1. Social is not simply Twitter, Facebook and YouTube 2. Content is the new creative – hire a content strategist 3. Find current customers (fans) and engage 4. Invest in earned media – hire a community manager 5. Leverage your sales and customer service reps to ask for positive tweets Think big, start small 50
  • 51. Thank You 51