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1



Social
Media for
Retailers
A Net Promoter
Strategy


Dr Paul Marsden
Social Media Strategist


paul.marsden@mac.com
2


                                                      What’s Next?
                                                       ?????????

                             Adding E-Commerce to
                             Social Media Platforms

      Adding Social Media
   to E-Commerce Platforms




Social Media for retailers
is EVOLVING...
3




You’ve got the bases covered... social media on your e-commerce
platform to activate promoter recommendations whilst increasing traffic,
order value and conversion - and reducing support and returns costs
4




Your job has been made easier
with Facebook social plugins...
5



                                              Listen




                                                  ➫
                                              Experiment




                                                  ➫
                                              Adapt




                                                  ➫
                                              Develop
And for retailers new to e-commerce, you’ve added e-commerce to
social media to activate promoter recommendations and create an e-
commerce sandbox to crack the DTC (Direct to Consumer) nut
6




IS THAT IT?
7




“One more thing...”
8




Use social media to build
RELATIONSHIPS not just transactions
9




Not any relationship, but PROFITABLE relationships;
promoters who buy more, for more, more often - for longer
10




HOW?
11




Customer economics 101: Value of a customer is not
just what they’ve spent with you, but what they will
spend with you over the lifetime of the relationship...
12




..plus their referral value - the value of bringing
you new customers by word of mouth
13




So why not use social media for
loyalty and referral marketing?
14




Loyalty campaigns in social media to
lock in your high value promoters...
15




Loyalty campaigns in social media to
lock in your high value promoters...
16




Loyalty campaigns in social media to
lock in your high value promoters...
17




Loyalty campaigns in social media to
lock in your high value promoters...
18




Loyalty: "The journey of a thousand miles starts with a single
step." Lao Tzu - So offering loyal promoters exclusive deals
through pop up retail - ‘tryvertising’ stores in social media
19




Loyalty: "The journey of a thousand miles starts with a single step."
Lao Tzu - So offering loyal promoters exclusive deals through pop
up retail - ‘tryvertising’ stores in social media
20




Then consider running REFERRAL PROGRAMS in
social media to activate promoter recommendations...
21




Referral programs that activate promoters
in social media... ‘social affiliates’
22




Referral programs that activate promoters
in social media... ‘social affiliates’
23




Beyond campaigns and programs: One key driver behind
NPS, LOYALTY and REFERRAL - customer experience
24




Using social media to deliver expectation-
beating customer experiences
25




Using social media to deliver expectation-
beating customer experiences
26




Using social media to deliver expectation-
beating customer experiences
27


Social Media for Retailers...An NPS Approach


Adding social media to e-commerce platforms
Adding e-commerce to social media platforms
Running loyalty campaigns in social media
Running referral campaigns in social media
Using social media for customer experience management
28




Thank you
www.socialcommercetoday.com

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Net Promoter and Social Media - A Strategy for Retailers

  • 1. 1 Social Media for Retailers A Net Promoter Strategy Dr Paul Marsden Social Media Strategist paul.marsden@mac.com
  • 2. 2 What’s Next? ????????? Adding E-Commerce to Social Media Platforms Adding Social Media to E-Commerce Platforms Social Media for retailers is EVOLVING...
  • 3. 3 You’ve got the bases covered... social media on your e-commerce platform to activate promoter recommendations whilst increasing traffic, order value and conversion - and reducing support and returns costs
  • 4. 4 Your job has been made easier with Facebook social plugins...
  • 5. 5 Listen ➫ Experiment ➫ Adapt ➫ Develop And for retailers new to e-commerce, you’ve added e-commerce to social media to activate promoter recommendations and create an e- commerce sandbox to crack the DTC (Direct to Consumer) nut
  • 8. 8 Use social media to build RELATIONSHIPS not just transactions
  • 9. 9 Not any relationship, but PROFITABLE relationships; promoters who buy more, for more, more often - for longer
  • 11. 11 Customer economics 101: Value of a customer is not just what they’ve spent with you, but what they will spend with you over the lifetime of the relationship...
  • 12. 12 ..plus their referral value - the value of bringing you new customers by word of mouth
  • 13. 13 So why not use social media for loyalty and referral marketing?
  • 14. 14 Loyalty campaigns in social media to lock in your high value promoters...
  • 15. 15 Loyalty campaigns in social media to lock in your high value promoters...
  • 16. 16 Loyalty campaigns in social media to lock in your high value promoters...
  • 17. 17 Loyalty campaigns in social media to lock in your high value promoters...
  • 18. 18 Loyalty: "The journey of a thousand miles starts with a single step." Lao Tzu - So offering loyal promoters exclusive deals through pop up retail - ‘tryvertising’ stores in social media
  • 19. 19 Loyalty: "The journey of a thousand miles starts with a single step." Lao Tzu - So offering loyal promoters exclusive deals through pop up retail - ‘tryvertising’ stores in social media
  • 20. 20 Then consider running REFERRAL PROGRAMS in social media to activate promoter recommendations...
  • 21. 21 Referral programs that activate promoters in social media... ‘social affiliates’
  • 22. 22 Referral programs that activate promoters in social media... ‘social affiliates’
  • 23. 23 Beyond campaigns and programs: One key driver behind NPS, LOYALTY and REFERRAL - customer experience
  • 24. 24 Using social media to deliver expectation- beating customer experiences
  • 25. 25 Using social media to deliver expectation- beating customer experiences
  • 26. 26 Using social media to deliver expectation- beating customer experiences
  • 27. 27 Social Media for Retailers...An NPS Approach Adding social media to e-commerce platforms Adding e-commerce to social media platforms Running loyalty campaigns in social media Running referral campaigns in social media Using social media for customer experience management