SlideShare a Scribd company logo
1 of 66
Who Are Social Media Frontiers?

        Decision
         makers
      interested in         Social Media
     your products          Frontiers Ltd.
                                                 Your Business
     & services on
      Social Media




• We explore the internet to find and drive your ideal clients to you

• We listen to what your target market wants, likes and dislikes and
  approach your potential clients with what they want

• You become market leaders at interacting and managing your clients
• Our clients include:
   FTSE 100 companies
   World leading SME companies
   Government agencies
   Celebrities
   Sports stars


• Global client base:
   Europe
   Hong Kong
   Singapore
   Malaysia
   US
   New Zealand
   Australia
Internet users
2 billion worldwide

                 20%

  Affluent              Unemployed
Housewives                   Managers

 Employees     80%             CEOs
                             Students
             Entrepreneurs              Using
                                        Social Media
Target Market Share
        Awareness

                           Competition
   YOU

                  SM
              Engagement
Competition                    YOU
Traditional Marketing Online and Offline VS Social Media


   Traditional marketing            Quantity of Leads
   Traditional online marketing


                                    Quality Leads
       Social Media                 Target Leads



                                    (Passive Marketing)
  Traditional marketing
                                    Wait for customers to find
  Traditional online marketing
                                    your Ad or Business

                                    (Active Marketing)
                                    You can listen to 80% of the online users
      Social Media                  and bring the ones interested
                                    in your business to your door.
Its not all about how many Twitter
followers and Facebook friends you have !




            Its so much more….
Its about how many clients have chosen to be your
    Brands Advocates and how many of them are
         ACTIVE and not Passive followers
Centralized interaction on a personal level
                      Customer Support


                          @Peter          @customer

 @companyname

                           @Paul
                                          @customer


                          @Maria


All the interaction                       @customer
can be monitored
                         @Thomas
through one account
Listen                                                             RT
                                                                        RT
   The KEY is
                                                                   RT
  to find your            Peter: Does                                   RT
 target market          anybody knows                              RT
                                                                        RT
                       were I can find xxx?                        RT   RT
                                                              RT
Analyse and                                                        RT   RT
  Engage                                              RT           RT
                     @peter                                   RT        RT
                                                   @company
                 Have you had a                                    RT   RT
Solve their        look here?                                 RT
 problem                                                           RT   RT
                 www.abc.com
                                                      RT      RT   RT   RT
                              @company
                                                   @company        RT   RT
 Customer                Thanks great! Got it                 RT
                                                                   RT   RT
 and Brand              and it is exactly what I
  advocate
                                needed                RT      RT   RT   RT
                                                   @company        RT
                                                              RT        RT
                                                                   RT
                                                                        RT
                                                                   RT
                                                                        RT
&
The Power of Branding and Recommendation
Professional Connections
             Linked to 17+ Million
                 Professionals




                        In 24 hours
Sales Pipeline of Social Media
     Listen to                Community                             Leadership
   your market                                 Mentions
                               creation                              content
 Lead
capture            Recommen                                                 Engage
                     dation         Mentions        Share insides and
                                                      transparency

                                                                            Product
 CRM
                                                                          information


                          Call to
                          action                     Deals              CRM
          Engage


                           Monitoring using statistics to
                          control how much is too much
                            and how much is too little
The Return On Investment
     of Social Media
The ROI of Social Media
           Number of followers
           Number of fans
ROI    =   Number of clicks
           Number of visits
           Number of views
           Number of friends
The ROI of Social Media
          EVERY SM GOAL CAN BE MEASURED
                       •   Brand Awareness (Value in £)
                       •   Google Ranking      (Value in £)
                       •   Client Retention    (Value in £)
                       •   Market Research Results (Value in £ of results gained)
   SM                  •

Company         =      •
                       •
                           Centralized and personalized Customer Service
                           Live personalized Customer Support
                           Monitoring of Brand mentions
                       •   Monitoring of Customer preferences
  Goals                •   Monitoring of Customer feedback
                       •   Number of targeted leads
                       •   Cost avoidance for leads
                       •   Increase in Target Market influence
                       •   Viral marketing (Recommendation)
                       •   Increase in Sales
Value in £ of each Goal = You need to have a value for each and this value
                          will be different from each company
How to calculate the ROI of social media

            To calculate the ROI of an investment
        ROI = (return – investment) / investment *100

     SM ROI = (SM return – SMinvestment) / investment *100


                      This total value of the return gain per SM strategy

How do you define the social media return? How do you attach a dollar value to the return?

By calculating the result of each Strategy:

What is the average value of each customer you gain back?
What is the conversion rate in sales of making 1000 target people aware of your brand?
What is the conversion rate of visits to your website?
Social Media Outcome           Result
Brand Awareness                     3%
Google Ranking                      4%
Client Retention                    2%
Market Research Results             3%
Customer Service                    4%
Live Customer Support               3%
Brand mentions                      4%
Customer preferences                4%
Customer feedback                   3%
Number of targeted leads            2%
Cost avoidance for leads            4%
Target Market influence             2%
Recommendations                     4%
Sales                               3%
Overall ROI for Social Media       45%
When did Social Media emerge?
In 2011………..




  Social Media =
                   ?
It should be……..



Social Media   =




                   Your Business
Twitter dictates your stock price!!
Importance of Social Media Mentions




Measure and control        =   Measure and control
mentions on Social Media       Target Market Influence
Why Social Media is a MUST?
 KEY Benefits:
• Ability to monitor conversations about your
  organisation
• Ability to measure the frequency of the discussion
  about your brand
• Ability to address negative mentioning
• Identification of new product or service opportunities
• Early warning of potential product or service issues
• Better understanding of customers perceptions of
  your brand
• Improved insights about your target markets
• Improve customer retention
Why Social Media is a MUST?
 More KEY Benefits:
 • Your Social Media continues to grow all the time
   unlike one off payments for ads
 • Greater favourable perceptions of the brand
 • Client database growth
 • Ability to develop targeted marketing activities
 • Increase in new business
 • Google ranking domination
 • Reduced overall marketing expenses with much
   greater impact
…they rank on Social Networks than in Google Ranks
“90% of consumer trust peer
      recommendation

Only 10% trust advertisement”
What we do for clients

*Due to privacy rights we can not show many of our clients results
INSTANT TARGETTED TRAFFIC


19,500 clicks in 7 days 2009 11,419 clicks in 2.5 days with only
                                        1 new account 2011
Social Media B2B Facts and Case Studies
In order to succeed in B2B social media,
 Companies must have the ability to create and amplify thought
leadership content to keep high-level decision makers engaged
     and conversing on their brand's differentiated value.

        The great thing about B2B social media is that …

                 A single successful interaction
with a single person who influences a multi-million dollar deal
           can often justify social media investments
Social Media Marketing B2B Facts

• 86% of B2B firms are using social media, compared to 82% of B2C

• B2B advertising spend on social media and lead generation sites
  is forecast to grow at an annualized rate of 21% and 17% respectively to 2013.

• Online accounted for 7% of the B2B marketing mix in 2008.
  This is set to reach 12% by 2013.

• B2B marketing spending on social networking sites is predicted to rise 43.3%.

• Forrester predicts B2B interactive marketing spending to reach $4.8 billion by 2014;
  almost double that estimated for 2009 ($2.3 billion).

• B2B social media marketing spending will grow from just $11 million
  in 2009 to $54 million in 2014.

• US business-to-business (B2B) advertising and marketing spending
  will increase by 0.8% this year, to $129 billion.
The debate over whether or not
    Social Media is appropriate for B2B marketing
                is not really a debate!


86% of B2B firms are using social media, compared to 82% of B2C


    All marketing (whether B2C or B2B) targets Real People

                     Real People are social

  They enjoy conversations and value authentic relationships
The Social Technographics of Business Buyers




    Some highlights from this research (start by looking at the right two columns):

    •   91% of these technology decision-makers were Spectators;
        the highest number I've ever seen in a Social Technographics Profile.
    •   This means you can count on the fact that your buyers are reading blogs, watching user generated video,
        and participating in other social media.
    •   Note that 69% of them said they were using this technology for business purposes.
    •   Only 5% are non-participants (Inactives).
    •   55% of these decision-makers were in social networks (Joiners);
        despite as mature businesspeople and not college students, you'd think they'd be participating a lot less.
    •   43% are creating media (blogs, uploading videos or articles, etc.) and 58% are Critics,
        reacting to content they see in social formats. Again the numbers are very high compared
        to other groups we've surveyed, and again the level of participation for business purposes is also very high .
Read more about this here:

http://socialmediatoday.com/ClientFiles/2b461d74-0b05-4149-a6fd-33257181a2c7/sapnetworks.pdf
How Social Media Helped Cisco Shave
$100,000 + Off a Product Launch

As early as 2008, networking giant Cisco was well along in its social media evolution.
Back then you could find the company on Facebook, Twitter and YouTube.

Yet something was missing – the hard business case for social media.
Like most companies, Cisco knew it was benefiting from social media,
but it couldn’t prove it.

The launch of a new router using only social media would provide
the proof Cisco’s marketers were seeking.

The results surprised even the social media enthusiasts. With this single project,
the company shaved six figures off its launch expenses and set a new precedent
for future product launches.

“It was classified as one of the top five launches in company history,”
said LaSandra Brill, senior manager, global social media.
“It was the crossing the chasm point for us in the adoption phase of social media
and helped us get over the hump of internal acceptance.”
Social Media B2C Facts and Case Studies
Social Media Facts
• 46% of micro business owners utilize social media

• By 2012, half of the world’s Internet users, 1 billion people, will have
  a Facebook account

• 46% of Internet users worldwide interact with social media on a daily
  basis, many of them are decision takers or business owners.

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

• 15% of these users are more likely to purchase from social media
  advertisers

• 38% of Small & Micro Businesses would use social media more if they
  had more time or a convenient management solution
Social Media Facts

• $4.26 billion will be spent on social media marketing
  globally in 2011

• 48% of Twitter users check their account at least once
  a day
• 71% of Twitter users expect to receive marketing
  messages via the platform

• 78.6% of consumers have joined a company’s
  community to get more information on the company
Social Media Changes How Businesses
              Are Run
How can you become involved?
Your Social Media Implementation Plan
1.   Start with your goals and strategies overall.
2.   Identify and listen to existing conversations.
3.   Know your audience;
     Are they local or worldwide? Which industry?
     What are their needs? Are they using social media? If they are, what
     social networks are they on?
     Are the employees on Social Media?
4.   Choose the right social media channel;
     not all social media channels are right for your business.
     This will depend on you knowing your audience and the type of
     industry they are in.
5.   Create a social media marketing plan;
     treat it as part of your traditional marketing plan, this might become
     the most effective part of your plan over the next years.
6.   Empower and encourage your internal organization to
     participate

7.   Create community; it's not about followers, it's about brand
     advocates.
     It's not about followers; it's about active followers,
     it's about people waiting for the information you share and
     following your lead.

8.   Choose the right content; create leadership content to keep high-
     level decision makers engaged

9.    Measure the results on all social media strategies you
      implement to invest more in the ones that bring the best results

10. Reward your followers; You will get more coverage in the press
    and attention to stand out from the crowd.
What do we do?
We have a variety of customizable service ranging from:

• Social Media Marketing Management for B2B and B2C

• Social Media Marketing Consultancy and Training

• CRM through Social Media

• Reputation Management

• Market Research on Social Media

• Mobile Marketing

• Potential Clients Database building using Mobile Marketing and Social Media
Selection From Services Below:
•   Traffic generation to your website
•   Social Media Optimization (Google Ranking through Social Media)
•   Targeted growth of your Social Media
•   Improve customer retention and interaction
•   Implementation or Improvement of Customer Support in real time
•   Mobile Marketing implementation
•   Better understanding of customers perceptions of your brand
•   Potential Clients database growth
•   Ability to measure the frequency of the discussion about your brand
•   Address negative mentioning
•   Mobile App creation
•   Identification of new product or service opportunities
•   Early warning of potential product or service issues
•   Improved insights about your target markets
•   Greater favourable perceptions of the brand
•   Ability to develop targeted marketing activities
•   Increase in new business
•   Reduced overall marketing expenses with much greater impact
Social Media is growing rapidly; is
 your company growing with it?

Interested in Social Media Solutions for your
                  Business?

          SocialMediaFrontiers        @SocialMediaF

 Phone : +44 (0) 1223 969 054
 Fax :+44 (0) 1223 280 242
 E Mail :info@socialmediafrontiers.com
 Website :http://www.socialmediafrontiers.com/

More Related Content

Viewers also liked

원주여성민우회 회원인터뷰 결과발표
원주여성민우회 회원인터뷰 결과발표원주여성민우회 회원인터뷰 결과발표
원주여성민우회 회원인터뷰 결과발표나은 나는나은
 
Unirea principatelor - 155 de ani
Unirea principatelor - 155 de aniUnirea principatelor - 155 de ani
Unirea principatelor - 155 de aniBatis Mihaela
 
진주여성민우회 회원인터뷰 결과발표
진주여성민우회 회원인터뷰 결과발표 진주여성민우회 회원인터뷰 결과발표
진주여성민우회 회원인터뷰 결과발표 나은 나는나은
 
Agama kelompok 2 ....
Agama kelompok 2 ....Agama kelompok 2 ....
Agama kelompok 2 ....Janwar Olang
 

Viewers also liked (9)

원주여성민우회 회원인터뷰 결과발표
원주여성민우회 회원인터뷰 결과발표원주여성민우회 회원인터뷰 결과발표
원주여성민우회 회원인터뷰 결과발표
 
2013 television portfolio
2013 television  portfolio2013 television  portfolio
2013 television portfolio
 
Calidad expoalimentaria
Calidad expoalimentariaCalidad expoalimentaria
Calidad expoalimentaria
 
Web 2.0
Web 2.0Web 2.0
Web 2.0
 
PrimeLogistics
PrimeLogisticsPrimeLogistics
PrimeLogistics
 
Unirea principatelor - 155 de ani
Unirea principatelor - 155 de aniUnirea principatelor - 155 de ani
Unirea principatelor - 155 de ani
 
진주여성민우회 회원인터뷰 결과발표
진주여성민우회 회원인터뷰 결과발표 진주여성민우회 회원인터뷰 결과발표
진주여성민우회 회원인터뷰 결과발표
 
Agama kelompok 2 ....
Agama kelompok 2 ....Agama kelompok 2 ....
Agama kelompok 2 ....
 
Merenje Snage Brenda
Merenje  Snage  BrendaMerenje  Snage  Brenda
Merenje Snage Brenda
 

Similar to Social Media\'s ROI is Real and Measurable For B2B abd B2C Organisations

Business success with Twitter
Business success with TwitterBusiness success with Twitter
Business success with TwitterCustomXM
 
Making the Most of Real Time Social Marketing
Making the Most of Real Time Social MarketingMaking the Most of Real Time Social Marketing
Making the Most of Real Time Social MarketingBryan DeSena
 
Transforming Your Brand To A Media Company
Transforming Your Brand To A Media CompanyTransforming Your Brand To A Media Company
Transforming Your Brand To A Media CompanyVerticalResponse
 
Social Media ROI... does it Exist?
Social Media ROI... does it Exist?Social Media ROI... does it Exist?
Social Media ROI... does it Exist?Justin Hartman
 
Social Media ROI & Fan Behaviour #twitterman
Social Media ROI & Fan Behaviour #twittermanSocial Media ROI & Fan Behaviour #twitterman
Social Media ROI & Fan Behaviour #twittermanCharlie Southwell
 
B2B Social Media Strategy - Case Studies
B2B Social Media Strategy - Case StudiesB2B Social Media Strategy - Case Studies
B2B Social Media Strategy - Case StudiesFWD Action
 
Metropolia Marketing Talks 19.11.2009
Metropolia Marketing Talks 19.11.2009Metropolia Marketing Talks 19.11.2009
Metropolia Marketing Talks 19.11.2009tonnitommi
 
Cory Hartlen, Next-level Listening
Cory Hartlen, Next-level ListeningCory Hartlen, Next-level Listening
Cory Hartlen, Next-level ListeningBrent Leary
 
2011: How to Realign Your Digital Marketing Strategy
2011: How to Realign Your Digital Marketing Strategy 2011: How to Realign Your Digital Marketing Strategy
2011: How to Realign Your Digital Marketing Strategy Shaun Quigley
 
2011: Realign Your Digital Strategy for a Smarter, Faster World
2011: Realign Your Digital Strategy for a Smarter, Faster World 2011: Realign Your Digital Strategy for a Smarter, Faster World
2011: Realign Your Digital Strategy for a Smarter, Faster World Brunner
 
How to Use Twitter for Marketing & PR
How to Use Twitter for Marketing & PRHow to Use Twitter for Marketing & PR
How to Use Twitter for Marketing & PRElizabeth Lupfer
 
Twitter for Marketing and PR
Twitter for Marketing and PRTwitter for Marketing and PR
Twitter for Marketing and PRHubSpot
 
Service Push Discovery Framework
Service  Push  Discovery  FrameworkService  Push  Discovery  Framework
Service Push Discovery FrameworkJohn Perez
 
B2B Social Media Strategy Case Studies
B2B Social Media Strategy Case StudiesB2B Social Media Strategy Case Studies
B2B Social Media Strategy Case StudiesFWD Action
 
Social Media Week Presentation from Social2B - Metrics, Measurements and Sca...
Social Media Week Presentation from Social2B -  Metrics, Measurements and Sca...Social Media Week Presentation from Social2B -  Metrics, Measurements and Sca...
Social Media Week Presentation from Social2B - Metrics, Measurements and Sca...Viosk International
 
Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...
Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...
Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...zslmarketing
 
Utilising social media analytics to drive more targeted marketing
Utilising social media analytics to drive more targeted marketingUtilising social media analytics to drive more targeted marketing
Utilising social media analytics to drive more targeted marketingJim HAYSOM
 
How to Cultivate Brand Advocacy - Jade Smith
How to Cultivate Brand Advocacy - Jade SmithHow to Cultivate Brand Advocacy - Jade Smith
How to Cultivate Brand Advocacy - Jade Smithmultifamily-social-media
 

Similar to Social Media\'s ROI is Real and Measurable For B2B abd B2C Organisations (20)

Business success with Twitter
Business success with TwitterBusiness success with Twitter
Business success with Twitter
 
Making the Most of Real Time Social Marketing
Making the Most of Real Time Social MarketingMaking the Most of Real Time Social Marketing
Making the Most of Real Time Social Marketing
 
Transforming Your Brand To A Media Company
Transforming Your Brand To A Media CompanyTransforming Your Brand To A Media Company
Transforming Your Brand To A Media Company
 
Social Media ROI... does it Exist?
Social Media ROI... does it Exist?Social Media ROI... does it Exist?
Social Media ROI... does it Exist?
 
Social Media ROI & Fan Behaviour #twitterman
Social Media ROI & Fan Behaviour #twittermanSocial Media ROI & Fan Behaviour #twitterman
Social Media ROI & Fan Behaviour #twitterman
 
B2B Social Media Strategy - Case Studies
B2B Social Media Strategy - Case StudiesB2B Social Media Strategy - Case Studies
B2B Social Media Strategy - Case Studies
 
Metropolia Marketing Talks 19.11.2009
Metropolia Marketing Talks 19.11.2009Metropolia Marketing Talks 19.11.2009
Metropolia Marketing Talks 19.11.2009
 
Cory Hartlen, Next-level Listening
Cory Hartlen, Next-level ListeningCory Hartlen, Next-level Listening
Cory Hartlen, Next-level Listening
 
2011: How to Realign Your Digital Marketing Strategy
2011: How to Realign Your Digital Marketing Strategy 2011: How to Realign Your Digital Marketing Strategy
2011: How to Realign Your Digital Marketing Strategy
 
2011: Realign Your Digital Strategy for a Smarter, Faster World
2011: Realign Your Digital Strategy for a Smarter, Faster World 2011: Realign Your Digital Strategy for a Smarter, Faster World
2011: Realign Your Digital Strategy for a Smarter, Faster World
 
How to Use Twitter for Marketing & PR
How to Use Twitter for Marketing & PRHow to Use Twitter for Marketing & PR
How to Use Twitter for Marketing & PR
 
Twitter for Marketing and PR
Twitter for Marketing and PRTwitter for Marketing and PR
Twitter for Marketing and PR
 
Service Push Discovery Framework
Service  Push  Discovery  FrameworkService  Push  Discovery  Framework
Service Push Discovery Framework
 
B2B Social Media Strategy Case Studies
B2B Social Media Strategy Case StudiesB2B Social Media Strategy Case Studies
B2B Social Media Strategy Case Studies
 
Social Media Week Presentation from Social2B - Metrics, Measurements and Sca...
Social Media Week Presentation from Social2B -  Metrics, Measurements and Sca...Social Media Week Presentation from Social2B -  Metrics, Measurements and Sca...
Social Media Week Presentation from Social2B - Metrics, Measurements and Sca...
 
Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...
Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...
Personalized shopping-experience-to-increase-sales-leveraging-zsl-social-comm...
 
Marketing3 0 p_kotler_nov2010
Marketing3 0 p_kotler_nov2010Marketing3 0 p_kotler_nov2010
Marketing3 0 p_kotler_nov2010
 
Marketing 3.0
Marketing 3.0Marketing 3.0
Marketing 3.0
 
Utilising social media analytics to drive more targeted marketing
Utilising social media analytics to drive more targeted marketingUtilising social media analytics to drive more targeted marketing
Utilising social media analytics to drive more targeted marketing
 
How to Cultivate Brand Advocacy - Jade Smith
How to Cultivate Brand Advocacy - Jade SmithHow to Cultivate Brand Advocacy - Jade Smith
How to Cultivate Brand Advocacy - Jade Smith
 

Social Media\'s ROI is Real and Measurable For B2B abd B2C Organisations

  • 1.
  • 2. Who Are Social Media Frontiers? Decision makers interested in Social Media your products Frontiers Ltd. Your Business & services on Social Media • We explore the internet to find and drive your ideal clients to you • We listen to what your target market wants, likes and dislikes and approach your potential clients with what they want • You become market leaders at interacting and managing your clients
  • 3. • Our clients include:  FTSE 100 companies  World leading SME companies  Government agencies  Celebrities  Sports stars • Global client base:  Europe  Hong Kong  Singapore  Malaysia  US  New Zealand  Australia
  • 4. Internet users 2 billion worldwide 20% Affluent Unemployed Housewives Managers Employees 80% CEOs Students Entrepreneurs Using Social Media
  • 5. Target Market Share Awareness Competition YOU SM Engagement Competition YOU
  • 6. Traditional Marketing Online and Offline VS Social Media Traditional marketing Quantity of Leads Traditional online marketing Quality Leads Social Media Target Leads (Passive Marketing) Traditional marketing Wait for customers to find Traditional online marketing your Ad or Business (Active Marketing) You can listen to 80% of the online users Social Media and bring the ones interested in your business to your door.
  • 7. Its not all about how many Twitter followers and Facebook friends you have ! Its so much more….
  • 8. Its about how many clients have chosen to be your Brands Advocates and how many of them are ACTIVE and not Passive followers
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Centralized interaction on a personal level Customer Support @Peter @customer @companyname @Paul @customer @Maria All the interaction @customer can be monitored @Thomas through one account
  • 14. Listen RT RT The KEY is RT to find your Peter: Does RT target market anybody knows RT RT were I can find xxx? RT RT RT Analyse and RT RT Engage RT RT @peter RT RT @company Have you had a RT RT Solve their look here? RT problem RT RT www.abc.com RT RT RT RT @company @company RT RT Customer Thanks great! Got it RT RT RT and Brand and it is exactly what I advocate needed RT RT RT RT @company RT RT RT RT RT RT RT
  • 15. &
  • 16. The Power of Branding and Recommendation
  • 17. Professional Connections Linked to 17+ Million Professionals In 24 hours
  • 18. Sales Pipeline of Social Media Listen to Community Leadership your market Mentions creation content Lead capture Recommen Engage dation Mentions Share insides and transparency Product CRM information Call to action Deals CRM Engage Monitoring using statistics to control how much is too much and how much is too little
  • 19. The Return On Investment of Social Media
  • 20. The ROI of Social Media Number of followers Number of fans ROI = Number of clicks Number of visits Number of views Number of friends
  • 21. The ROI of Social Media EVERY SM GOAL CAN BE MEASURED • Brand Awareness (Value in £) • Google Ranking (Value in £) • Client Retention (Value in £) • Market Research Results (Value in £ of results gained) SM • Company = • • Centralized and personalized Customer Service Live personalized Customer Support Monitoring of Brand mentions • Monitoring of Customer preferences Goals • Monitoring of Customer feedback • Number of targeted leads • Cost avoidance for leads • Increase in Target Market influence • Viral marketing (Recommendation) • Increase in Sales Value in £ of each Goal = You need to have a value for each and this value will be different from each company
  • 22. How to calculate the ROI of social media To calculate the ROI of an investment ROI = (return – investment) / investment *100 SM ROI = (SM return – SMinvestment) / investment *100 This total value of the return gain per SM strategy How do you define the social media return? How do you attach a dollar value to the return? By calculating the result of each Strategy: What is the average value of each customer you gain back? What is the conversion rate in sales of making 1000 target people aware of your brand? What is the conversion rate of visits to your website?
  • 23. Social Media Outcome Result Brand Awareness 3% Google Ranking 4% Client Retention 2% Market Research Results 3% Customer Service 4% Live Customer Support 3% Brand mentions 4% Customer preferences 4% Customer feedback 3% Number of targeted leads 2% Cost avoidance for leads 4% Target Market influence 2% Recommendations 4% Sales 3% Overall ROI for Social Media 45%
  • 24.
  • 25.
  • 26. When did Social Media emerge?
  • 27.
  • 28.
  • 29.
  • 30. In 2011……….. Social Media = ?
  • 31. It should be…….. Social Media = Your Business
  • 32. Twitter dictates your stock price!!
  • 33.
  • 34. Importance of Social Media Mentions Measure and control = Measure and control mentions on Social Media Target Market Influence
  • 35. Why Social Media is a MUST? KEY Benefits: • Ability to monitor conversations about your organisation • Ability to measure the frequency of the discussion about your brand • Ability to address negative mentioning • Identification of new product or service opportunities • Early warning of potential product or service issues • Better understanding of customers perceptions of your brand • Improved insights about your target markets • Improve customer retention
  • 36. Why Social Media is a MUST? More KEY Benefits: • Your Social Media continues to grow all the time unlike one off payments for ads • Greater favourable perceptions of the brand • Client database growth • Ability to develop targeted marketing activities • Increase in new business • Google ranking domination • Reduced overall marketing expenses with much greater impact
  • 37.
  • 38.
  • 39. …they rank on Social Networks than in Google Ranks
  • 40. “90% of consumer trust peer recommendation Only 10% trust advertisement”
  • 41.
  • 42. What we do for clients *Due to privacy rights we can not show many of our clients results
  • 43.
  • 44.
  • 45.
  • 46. INSTANT TARGETTED TRAFFIC 19,500 clicks in 7 days 2009 11,419 clicks in 2.5 days with only 1 new account 2011
  • 47. Social Media B2B Facts and Case Studies
  • 48. In order to succeed in B2B social media, Companies must have the ability to create and amplify thought leadership content to keep high-level decision makers engaged and conversing on their brand's differentiated value. The great thing about B2B social media is that … A single successful interaction with a single person who influences a multi-million dollar deal can often justify social media investments
  • 49. Social Media Marketing B2B Facts • 86% of B2B firms are using social media, compared to 82% of B2C • B2B advertising spend on social media and lead generation sites is forecast to grow at an annualized rate of 21% and 17% respectively to 2013. • Online accounted for 7% of the B2B marketing mix in 2008. This is set to reach 12% by 2013. • B2B marketing spending on social networking sites is predicted to rise 43.3%. • Forrester predicts B2B interactive marketing spending to reach $4.8 billion by 2014; almost double that estimated for 2009 ($2.3 billion). • B2B social media marketing spending will grow from just $11 million in 2009 to $54 million in 2014. • US business-to-business (B2B) advertising and marketing spending will increase by 0.8% this year, to $129 billion.
  • 50. The debate over whether or not Social Media is appropriate for B2B marketing is not really a debate! 86% of B2B firms are using social media, compared to 82% of B2C All marketing (whether B2C or B2B) targets Real People Real People are social They enjoy conversations and value authentic relationships
  • 51. The Social Technographics of Business Buyers Some highlights from this research (start by looking at the right two columns): • 91% of these technology decision-makers were Spectators; the highest number I've ever seen in a Social Technographics Profile. • This means you can count on the fact that your buyers are reading blogs, watching user generated video, and participating in other social media. • Note that 69% of them said they were using this technology for business purposes. • Only 5% are non-participants (Inactives). • 55% of these decision-makers were in social networks (Joiners); despite as mature businesspeople and not college students, you'd think they'd be participating a lot less. • 43% are creating media (blogs, uploading videos or articles, etc.) and 58% are Critics, reacting to content they see in social formats. Again the numbers are very high compared to other groups we've surveyed, and again the level of participation for business purposes is also very high .
  • 52. Read more about this here: http://socialmediatoday.com/ClientFiles/2b461d74-0b05-4149-a6fd-33257181a2c7/sapnetworks.pdf
  • 53. How Social Media Helped Cisco Shave $100,000 + Off a Product Launch As early as 2008, networking giant Cisco was well along in its social media evolution. Back then you could find the company on Facebook, Twitter and YouTube. Yet something was missing – the hard business case for social media. Like most companies, Cisco knew it was benefiting from social media, but it couldn’t prove it. The launch of a new router using only social media would provide the proof Cisco’s marketers were seeking. The results surprised even the social media enthusiasts. With this single project, the company shaved six figures off its launch expenses and set a new precedent for future product launches. “It was classified as one of the top five launches in company history,” said LaSandra Brill, senior manager, global social media. “It was the crossing the chasm point for us in the adoption phase of social media and helped us get over the hump of internal acceptance.”
  • 54.
  • 55. Social Media B2C Facts and Case Studies
  • 56. Social Media Facts • 46% of micro business owners utilize social media • By 2012, half of the world’s Internet users, 1 billion people, will have a Facebook account • 46% of Internet users worldwide interact with social media on a daily basis, many of them are decision takers or business owners. • 25% of social media users are more likely to look into a brand advertising on social media • 15% of these users are more likely to purchase from social media advertisers • 38% of Small & Micro Businesses would use social media more if they had more time or a convenient management solution
  • 57. Social Media Facts • $4.26 billion will be spent on social media marketing globally in 2011 • 48% of Twitter users check their account at least once a day • 71% of Twitter users expect to receive marketing messages via the platform • 78.6% of consumers have joined a company’s community to get more information on the company
  • 58.
  • 59.
  • 60. Social Media Changes How Businesses Are Run
  • 61. How can you become involved?
  • 62. Your Social Media Implementation Plan 1. Start with your goals and strategies overall. 2. Identify and listen to existing conversations. 3. Know your audience; Are they local or worldwide? Which industry? What are their needs? Are they using social media? If they are, what social networks are they on? Are the employees on Social Media? 4. Choose the right social media channel; not all social media channels are right for your business. This will depend on you knowing your audience and the type of industry they are in. 5. Create a social media marketing plan; treat it as part of your traditional marketing plan, this might become the most effective part of your plan over the next years.
  • 63. 6. Empower and encourage your internal organization to participate 7. Create community; it's not about followers, it's about brand advocates. It's not about followers; it's about active followers, it's about people waiting for the information you share and following your lead. 8. Choose the right content; create leadership content to keep high- level decision makers engaged 9. Measure the results on all social media strategies you implement to invest more in the ones that bring the best results 10. Reward your followers; You will get more coverage in the press and attention to stand out from the crowd.
  • 64. What do we do? We have a variety of customizable service ranging from: • Social Media Marketing Management for B2B and B2C • Social Media Marketing Consultancy and Training • CRM through Social Media • Reputation Management • Market Research on Social Media • Mobile Marketing • Potential Clients Database building using Mobile Marketing and Social Media
  • 65. Selection From Services Below: • Traffic generation to your website • Social Media Optimization (Google Ranking through Social Media) • Targeted growth of your Social Media • Improve customer retention and interaction • Implementation or Improvement of Customer Support in real time • Mobile Marketing implementation • Better understanding of customers perceptions of your brand • Potential Clients database growth • Ability to measure the frequency of the discussion about your brand • Address negative mentioning • Mobile App creation • Identification of new product or service opportunities • Early warning of potential product or service issues • Improved insights about your target markets • Greater favourable perceptions of the brand • Ability to develop targeted marketing activities • Increase in new business • Reduced overall marketing expenses with much greater impact
  • 66. Social Media is growing rapidly; is your company growing with it? Interested in Social Media Solutions for your Business? SocialMediaFrontiers @SocialMediaF Phone : +44 (0) 1223 969 054 Fax :+44 (0) 1223 280 242 E Mail :info@socialmediafrontiers.com Website :http://www.socialmediafrontiers.com/