Socialize: Monetizing Social Media - Michael Jaindl
1. Socialize: REAL TIME Social Engagement April 1 2011 Presented by: MICHAEL“MJ” Jaindl Chief client officer @ Buddy Media Facebook: facebook.com/jaindl Twitter: @jaindl Email: MJ@buddymedia.com 1
2. Big Questions How do I get Facebook users to engage with my brand? How do I encourage viral growth? Why does Facebook Page growth and engagement matter? 2
3. How to improve engagement Strategy #1: Content + Context = Engagement Know what your audience gets excited about! Identify potential “couch conversations” Publish brand content that enriches existing conversations 3
16. Contextual Relevancy is critical 16 Sunday December 19, 2010 (Eagles v Giants) 17,541 engagement in 9 minuteson 3 posts October 1 – October 10 (Eagles v Redskins) 16,312 engagement in 7 days on 30 posts “Give me six hours to chop down a tree and I will spend the first four sharpening the axe” -Abraham Lincoln
18. Sparking viral growth 18 Strategy #2: Make your fans look good Understand how your audience likes to be perceived Create sharable content that creates that perception If it doesn’t make them look good fans won’t share
20. A Daily Glow User profile 20 Meet Patti Wife 35 Mother of 2 Movie buff Likes to be “in the know” Loves looking good, feeling good and sharing beauty secrets with her close group of girl friends
21. What does Patti engage with? 21 Out of these 4 polls 1 received 10x the engagement Predictions – Fri 2/25 Most Improved– Sat 2/26 Most Memorable– Sun 2/27 Best of 2011 – Sun/Mon 2/27
22. POLLs TAKEN Total Polls Taken = 3,338 Total Polls Shared = 2,691 22 -relevant -real time -shareable Over 10x Engagement
28. On air 26 1,899,852 fans 1,812,569 fans 172,510 fans 2,429 fans
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30. Paid media Facebook tabs can act as an amplifier for existing paid media campaigns By interacting with content on the tab, users generate additional viral lift helping you get more fans for free and lowering your cost per fan This works best when marketing efforts are focused around an event 28
31. Spark viral lift with paid media 29 $1.02 - $0.10 cost per fan $0 cost per viral fan $2.50 – $0.30 cost per paid fan
33. How to improve engagement Strategy #4: Optimize Your Posts Your fans are emotional Your fans are busy Respect and love them and they will love you back 31
34. Best practices Keep post short and sweet Be careful about using URL shorteners Timing is everything! Post on the right day Use the right words Place questions at the end of posts 32