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Social Media For Businesses


        By: Kuhcoon.com
Some Staggering Social Facts
• 845m "active" users on Facebook.

• 64% of Facebook users have liked a brand on
        Facebook - ExactTarget

• 25% of social media users are more likely to look
  into a brand advertising on social media – Adology

• 15% of these users are more likely to purchase
   from social media advertisers – Adology
How much is actually spent?

• $4.26 billion was spent on social media
  marketing globally in 2011 – eMarketer

• Ford’s 2011 Explorer launch on Facebook
  generated a 200% greater return than a Super
  Bowl ad - Social Media Case Studies, Stories,
  Perspectives
Show me the money!
Social Media “Pain Points”
•   ROI
•   Managing/growing presence
•   Monitoring social media
•   Lack of resources
•   Integrating with current marketing efforts
•   Publishing on all platforms efficiently
•   Budget
What does this mean for business?


• 67% of B2C companies and 41% of
 B2B companies have acquired a customer
 from Facebook.
How does business leverage Social
            media?

• 40% of companies admit to having no training
  or governance in social media


• 38% of Small & Micro Businesses would use
  social media more if they had more time or a
  convenient management solution – Vistaprint
Social Media’s Value
• Qualitative rather than Quantitative.
  – focus on driving advocacy first, awareness
    second.

• Old advertising models focus on REACH and
  FREQUENCY.

• Social media has made this much more
  complex.
Brand Advocacy

•   Be a source for valuable content that is
-   Entertaining
-   Engaging
-   Educational

• You need to sell less and listen more.
Kuhcoon’s Brand Advocates
Customer Value Before
             Social Media
• Measured in
   -how often
   -what volume
   -how long might a customer purchase
your product.

• Provide value based off of this data.
With Social Media
• Much more dynamic
  – Customer becomes brand advocate and
    representative.

• Word-of-Mouth Marketing
  – Social = word-of-mouth on steroids.
Social Media Butterfly Effect
• One Tweet/Status can be amplified at an
  alarming rate.

• Cyclone of influence - driving customers towards
  or away from you.

• It depends on how quickly and effectively the
  business owner reacts to the situation.
   – PR nightmares vs PR success
Meet Bill
Social is Everywhere!
Problems: Money and Time
Bitty Bill’s in Moosic, PA
Power in Numbers
Insight Into Your Community
Reach: Everyone.
Engagement is Essential.
Questions?




Facebook.com/Kuhcoon   @Kuhcoon

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NEPA BlogCon 2012 - Social Media for Business

  • 1. Social Media For Businesses By: Kuhcoon.com
  • 2. Some Staggering Social Facts • 845m "active" users on Facebook. • 64% of Facebook users have liked a brand on Facebook - ExactTarget • 25% of social media users are more likely to look into a brand advertising on social media – Adology • 15% of these users are more likely to purchase from social media advertisers – Adology
  • 3. How much is actually spent? • $4.26 billion was spent on social media marketing globally in 2011 – eMarketer • Ford’s 2011 Explorer launch on Facebook generated a 200% greater return than a Super Bowl ad - Social Media Case Studies, Stories, Perspectives
  • 4. Show me the money!
  • 5. Social Media “Pain Points” • ROI • Managing/growing presence • Monitoring social media • Lack of resources • Integrating with current marketing efforts • Publishing on all platforms efficiently • Budget
  • 6. What does this mean for business? • 67% of B2C companies and 41% of B2B companies have acquired a customer from Facebook.
  • 7. How does business leverage Social media? • 40% of companies admit to having no training or governance in social media • 38% of Small & Micro Businesses would use social media more if they had more time or a convenient management solution – Vistaprint
  • 8. Social Media’s Value • Qualitative rather than Quantitative. – focus on driving advocacy first, awareness second. • Old advertising models focus on REACH and FREQUENCY. • Social media has made this much more complex.
  • 9. Brand Advocacy • Be a source for valuable content that is - Entertaining - Engaging - Educational • You need to sell less and listen more.
  • 11. Customer Value Before Social Media • Measured in -how often -what volume -how long might a customer purchase your product. • Provide value based off of this data.
  • 12. With Social Media • Much more dynamic – Customer becomes brand advocate and representative. • Word-of-Mouth Marketing – Social = word-of-mouth on steroids.
  • 13. Social Media Butterfly Effect • One Tweet/Status can be amplified at an alarming rate. • Cyclone of influence - driving customers towards or away from you. • It depends on how quickly and effectively the business owner reacts to the situation. – PR nightmares vs PR success
  • 17. Bitty Bill’s in Moosic, PA
  • 19. Insight Into Your Community