America Empresarial, Bogota, 2011
The concept of social networking isn’t just for young people anymore. More and more businesses and professionals are using social media as a way to generate revenue and interact with customers (both internally and externally.) When case studies show the use of social tools exceeds email, then businesses have to stand up, take notice and join the movement. For business professionals, this becomes an opportunity to develop an internal marketing and communications strategy to support our organizations.
But what exactly is the philosophy behind social networking? This presentation offers an overview to the purpose of social media and the key considerations for developing and implementing a social networking strategy in your organization.
3. Today’s Presentation
Realize the trends
Understand the impact
Discuss common social media applications
Outline pros/cons
Present a strategy framework
4. What is social media?
Social Media = Conversations between
people over the internet.
5. Why are people using social media?
50% of Latin American Countries use Social Media
79% of Fortune 100 using it (Ford, Dell, BP)
50% of social network users are connected to brands
36% posted content about brands on social networks
Everyone is (or will be) using social media
373 million people (Strategy Analytics)
600,000 new users to Facebook each day
77% of internet users read blogs
More usage than email
6. Companies Using Social Media
Companies Using at Least One Social Media Platform
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
7. People are Talking about You
Web
Your
Organization
Facebook
Blogs
Twitter
10. Case Study
Company founded in 2002
For 6 years, flat growth
In 2007, started using YouTube for marketing
Sales increased 40% in first year
In 2008, sales increased 80%
In 2009, profit increased 432%
YTD 2010, profit increased 300%
11.
12. How does social media do it?
Builds trust
Conveys transparency
Mix of personal and professional
Shows passion
Has versatility
Offers speed
Provides cost efficiency
13. 50% of Social Media activity happens on
web sites you’ve never heard of
14. 4 Popular Social Media Tools
Blogs (readers)
(connections)
(friends, fans)
(tweeps)
15. LinkedIn
“A New User Every Second”
Reid Hoffman, CEO (Social Recruiting Summit ‘09)
Typical user
Senior level (44% manager and above)
Decision makers (66%)
Over age 40
College grad
Makes over $100,000/year
17. Professional Uses for LinkedIn
Networking
Recommendations
Research People / Organizations
Get advice
Job Search
Freelance and/or Consulting Work
18.
19.
20. Directors, Managers and HR Managers. Students and graduates in professional HR and Industrial RRLL. Training and job
opportunities for Headhunters / Recruiters Marketing and R & D Management Coaching from Argentina, Spain, Chile, Mexico,
Colombia, Venezuela, Peru, Brazil, Ecuador and Uruguay
21. LinkedIn Groups
Colombia Networking
SAP LATAM
Latin America Business Development Network
Empleo IT 2.0 (IT Jobs 2.0)
JOBS 2.0 Latin America
Universidad do los Andes Alumni Group
22. Blogs
Weblog
News/Information/Education source
133 Million (Technorati)
900,000 posts created every 24-hours
“Blogs in Plain English” on YouTube
Individual Contributors, Group Blogs or Blog Rolls
23. Companies with Blogs
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
24. Organization/Company Blogs
Establish corporate culture
Communicate to recipients/donors/BOD
Communicate to job candidates
Convey experiences (mission, events, education)
Establish expertise as a community resource
25. Sales
Case Study: Zappos
Founded in 1999
$1.6M in 2000
$1B in 2008
Complete Focus on Customer Service
26.
27. “Don’t talk about the shoes.”
Establish personal connection
12 blogs
CEO
COO
10 Consumer Interest (Parents, Health, Fashion, Runners,
Outdoors, Extreme Sports, etc.)
Almost 500 employees on Twitter
28. Blog Reading Made Simple
RSS
Really Simple Syndication
Helps You Save Time
Google Reader
RSS in Plain English
http://www.youtube.com/watch?v=0klgLsSxGsU
29. “Twitter is like a Text Message
with a BCC: To The World” Photo Credit: ydhsu
30. Twitter
Estimated 100 Million Users
Half of users log in daily
55% of Twitter users are on mobile
Over 230 Million Tweets Sent Daily (aka 5B Tweets a
month!)
Supports 17 different languages
Source: Twitter “State of the Business”
– Sept 2011
31. Companies with Twitter Accounts
Puerto
Rico
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
32. Users say they’re more likely to buy
if a business answers their
questions on Twitter.
- NYTimes.com
35. The Power of Twitter - Hashtags
Put a # in front of a term
All Tweets with that hashtag are aggregated
Examples:
#Bogotá #CONMEBOL
#talentmanagement #humanresources
36.
37.
38.
39. What can I communicate?
Success stories
eCommerce (@delloutlet)
Event Announcements
Conversations
Customers
Prospects
Stakeholders
Media
40. How Companies Are Using
Twitter to Communicate
Telcel uses this
account to answer
customer concerns
and problems.
Telcel lists other
corporate accounts
that cover different
topics.
Petrobras uses this
account to post news
about the company.
They recently ran a
short Twitter contest.
41. “Facebook is a social
network that connects
people personally and
professionally through
connections, messages,
photos, & videos.”
Photo Credit: Marvin Kuo
42. Facebook
Over 700 million active users
65% + are outside of college
3rd most used site among 65+ users
Typical user
130 friends
Connects to 80 community pages/groups/events
50% of users log on at least once a day
150 million access FB through a mobile device
43. Four in Ten Companies in Latin
America are on Facebook
Companies with Facebook Accounts
Puerto
Rico
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
44. Business Uses for Facebook
Recruiting
Employee Groups / Alumni Networks
Association Information
Media Communication
Events
New Products/Services
45.
46.
47.
48. Think of social media
As an extension of your current communications
etiquette
Voicemail
Email
Faxes
Memos
Conversations with media
49. If you trust your
employees to
answer the
phone…
…why not trust them with
social media?
52. Mobile
• 5.3 Billion
• In the US, 25% are mobile only
• In China, the number is 30%
• In India, it’s 59%
• And in Egypt, it’s 70%
• 85% of phones access the Web
• 8 Trillion text messages will be sent in 2011
• Mobile web usages exceeds mobile apps
• mCommerce is huge
• 91% of retailers have a mobile sales strategy in place
• US - $6B by end of 2011, $31B by 2016
• eBay had $2B in sales via mobile
Source: mobiThinking,
- July 2011
53. Getting Started with Social Media
Establish a social media strategy
Consider using social media for 1-2 small
projects
Update your communications policy to
include social media
Offer training for employees
HAVE FUN!
54. A Strategic Approach to Using Social Media
STRATEGY FOLLOW CREATE ENGAGE
Marketing and
Customer
Relations
Your customers and
potential customers
who are interested in
your and similar
products or services
Content relevant to your
customers: tips,
company info, discount
codes, and links to
online promos and sales
Respond to comments
about your and similar
products/service;
answer questions; check
replies and direct
messages
Brand
Management
Your brand, products,
relevant issues, industry
leaders, related groups,
news/media
Insights and expertise;
become a thought
leader. Direct to info
and other resources
Be transparent and add
value; answer questions
and respond to
comments; help others
Event Coverage
Those interested or
attending the event,
media
Event information,
updates, behind the
scenes coverage
Create face-to-face
meetings; chat with
attendees; ask and
answer questions
Issue Advocacy
Those interested in your
cause, industry leaders,
media
Added value: issue
alerts, background info,
fundraising resources
Know your followers,
thank them for support,
get them involved
56. Case Study #1 - Amazon
Deleted sales rankings of gay and lesbian themed
books
Writer Mark Probst blogged about it
Post was dated Sunday, April 12.2010 at 2:08 a.m.
Within 24 hours, here’s what happened:
57. Can you say wildfire?!
• #AmazonFAIL (#1 trending topic on Twitter)
• 5,000 blog posts
• The AmazonFAIL Group on Facebook with 1,200
members
• Online petitions – one had over 9,000 signatures
• Blogger launched online campaign to redefine
Amazon rank…page was #2 in Google search
• Protest logo was created along with boxer shorts, t-shirts
and other apparel
58. Case Study #2 – Domino’s
Monday, April 13.2010
Two employees posted a video on YouTube
In one week, over 1 million views
3rd highest spot on YouTube
Employees fired and facing charges
59. “Nothing is local anymore. That’s
the challenge of the Web world.
Any two idiots with a video camera
and a dumb idea can damage the
reputation of a 50-year old brand.”
Tim McIntyre
Spokesperson, Domino’s
62. Social Media to Mitigate Problems
• Monitor social media 24/7/365
• Respond quickly
– “We’re looking into it.”
• Respond at the flashpoint
– Create a credible presence in blogs & social media
• Educate workers
• Foster a positive culture
• Set clear guidelines
– Add a crisis strategy
64. Video Resources
CommonCraft
http://www.youtube.com/user/commoncraft
Best Buy Social Media Marketing
http://www.youtube.com/watch?v=-rTzIAWI4Ms
Social Media Revolution
http://www.youtube.com/watch?v=sIFYPQjYhv8
Social Media ROI Video
http://www.youtube.com/watch?v=ypmfs3z8esI
65. Other Resources
Guide to Corporate HR Blogging
http://www.instigatorblog.com/corporate-hr-blogging-
guide/2009/06/09/
Mashable
http://mashable.com/