Social Media - definition, 10 rules of success, marketing and strategy, channels, best practices, trends 2018.
Yammer (from ideation to implementation), other tools like Slack, Confluence and Sharepoint.
Activity time
Security.
Recap
2. 2 hours fast track course on Social
Media
Hour 1
Introduction (5 mins)
Social Media Definition (5 mins)
10 keys to success on Social Media (10 mins)
Business and Marketing Strategy (6 ways you can measure ROI) (10mins)
Social Media Management (5 mins)
Best practices (5mins)
Tools (also called Channels) – FB / Twitter / Linked-In / Google + / Instagram /
Pinterest / WhatsApp (10 mins)
Trends 2018 (10 mins)
2
3. 2 hours fast track course on Social
Media
Hour 2
Yammer (20 min)
Strategy
Use Cases
Best practices (80% Culture, 20% Technology)
Driving ongoing engagements
Gathering the right people for success
Execution – the cornerstone of a successful project
Activity – Marketing dept launching a new project (10 mins)
Understanding Yammer like tools (Slack, SharePoint etc) (10 mins)
Advantages / Disadvantages of Social Media (5 mins)
Security (5 mins)
Review and Conclusion (10 mins)
3
5. What is social media?
Social media is a
conversation
online.
Look who’s talking:
– your customers
– your donors
– your volunteers
– your employees
– your investors
– your critics
– your fans
– your competition....
– anyone who has internet
access and an opinion.
SOCIAL MEDIA DEFINED
5
6. The social media conversation
The conversation is not:
– controlled
– organized
– “on message”
The conversation is:
– organic
– complex
– speaks in a human voice
Social media is not a strategy
or a tactic –
it’s simply a channel.
SOCIAL MEDIA DEFINED
6
7. The conversation is powered by
• Social Networks
• News & Bookmarking
• Blogs
• Microblogging
• Video Sharing
• Photo Sharing
• Message boards
• Wikis
• Virtual Reality
• Social Gaming
• Related:
– Podcasts
– Real Simple Syndication (RSS)
SOCIAL MEDIA DEFINED
7
8. The power to define and control a brand
is shifting from corporations and institutions
to individuals and communities.
SOCIAL MEDIA DEFINED
10. o Experiment personally
before professionally
o Try a variety of social
media tools
o Be yourself, make some
friends, and share
KEYS TO SUCCESS
11. 1. Discovery
(people, competition,
and search engines)
3. Skills
(identify internal
resources and gaps)
5. Maintenance
(monitor and adapt)
2. Strategy
(opportunities,
objectives)
4. Execution
(tools, integration,
policies, and process)
KEYS TO SUCCESS
Source: 5 Phases of Social Media Marketing
http://socialcomputingjournal.com/viewcolumn.cfm?colid=789
12. o YouTube
o MySpace
o Facebook
o Twitter
o EHarmony
o “Digits” (their own online
community)
o Virtual communities –
Second Life
Source:
http://www.podtech.net/home/5209/h-
block-social-media-programs-success
CASE STUDY
13. Leveraged core goals across
all networks:
1. Reinforce their brand as tax
experts
2. Deliver on advocacy
positioning of the brand
3. Present the brand as being
innovative
o Through “unexpected and
meaningful interactions
with consumers”
CASE STUDY
14. o Be community
appropriate
and relevant
(interacting on Second
Life is different than
YouTube)
o It’s not free -
Human capital increased
as media buys decreased
– Ask yourself if this is
successful how do you
scale it?
CASE STUDY
15. 1. Brand Perception
o Evaluated brand metrics
through a brand tracking
study
2. Engagement
o 600,000 YouTube views
o 1 million unique visits to
their community site
3. Word of Mouth
o Increased online mentions
in blogs, forums, and
other social media
CASE STUDY
16. o Find where your
audience is participating
and indentify the
influencers
o Read industry blogs
(including comments)
o Google your company
name & your competition
o Find tools that can help
you listen
KEYS TO SUCCESS
17. o Tap into the wisdom of the
crowd to access a wider talent
pool and gain customer
insight
o Companies that use crowd
sourcing include:
o Starbucks (MyStarbucks)
o Dell (Ideastorm)
o DuPont
o Netflix
o Wikipedia
o iStockphoto.com
o Threadless.com
o Mechanical Turk (Amazon)
KEYS TO SUCCESS
18. o Avoid puffery
(people will ignore it)
o Avoid evasion and lying
(people won’t ignore it)
o Companies have watched
their biggest screw-up's
rise to the top 10 of a
Google search
o Admit your mistakes right
away
KEYS TO SUCCESS
19. o Don’t be afraid to share.
Corporations, like people,
need to share information
to get the value out of
social media
o Make your content easy
to share
o Incorporate tools that
promote sharing:
o Share This, RSS feeds,
Email a friend
KEYS TO SUCCESS
20. o Don't shout. Don't
broadcast. Don’t brag.
o Speak like yourself – not
a corporate marketing
shill or press secretary
o Personify your brand –
give people something
they can relate to.
KEYS TO SUCCESS
21. o Think like a contributor, not
a marketer
o Consider what is relevant to
the community before
contributing
o Don’t promote your
product on every post
o Win friends by promoting
other people’s content if it
interests you
KEYS TO SUCCESS
22. o Don’t try to delete or
remove criticism (it will
just make it worse)
o Listen to your detractors
o Admit your shortcomings
o Work openly towards an
explanation and
legitimate solution
KEYS TO SUCCESS
23. o Don’t wait until you
have a campaign to
launch - start planning
and listening now
o Build relationships so
they’re ready when you
need them
KEYS TO SUCCESS
24. o You need buy in from
everyone in the
organization
o Convince your CEO that
social media is relevant to
your organization
o Get your communications
team together, discuss the
options, then divide and
conquer
KEYS TO SUCCESS
25. 1. Experiment with social media
2. Make a plan
3. Listen
4. Be transparent & honest
5. Share your content
6. Be personal and act like a person
7. Contribute in a meaningful way
8. See criticism as an opportunity
9. Be proactive
10. Accept you can’t do it all yourself
KEYS TO SUCCESS
29. Blue Ocean Strategy
Make Competition Irrelevant
Current Favorable Conditions
Period of adjustment / opportunity to change
the game
New tools of competition
New economics of influence (smarter
thinking/less media)
Key Takeaway: Now is the time to think about making competition
irrelevant.
Business Strategy 29
31. Inbound vs. Outbound
Outbound
Old
Push
Interruptive
Print
TV
Direct Mail
Email
Inbound
New
Pull
Attracting
Getting Found
Content
Social Media
SEO
Key Takeaway: Recognize the momentum
shift.
Marketing Strategy 31
32. Return on Investment
$$$
Man hours
Training
Culture shift
Learning curve
Key Takeaway: Consider the total
investment.
Framework 32
34. Ideal but
Unrealistic
Dead Zone
Social Media Strategic Investing Control Map
Investment
Time
ROI
1 Object e.g.
Facebook
Multiple objects
Add blogging, casual
activity & listening
Add consistent
activity and
participation
Add creating and
thought leadership
Key:
Area =
Opportunity
34
35. ROI Models
Amplification
1
Value of Social Traffic
vs Display
2
Quality of Visitors
From Social
3
Revenue From
Facebook Fans
4
Revenue From Social
Media Marketing
5
Social Promotions
Sales ROI
6
35
39. Amplification Step By Step
Calculate social
impressions,
actions
Facebook impressions and clicks, Twitter
impressions and clicks, YouTube views,
Online mentions, etc.
Sum value of
impressions,
actions
Assign value to impressions and actions,
weighting actions more heavily that
impressions.
Compare to total
social media
spend
Map social impressions and actions to paid
marketing value equivalency.
39
40. Amplification Model Example
Social Impressions, Actions Paid Advertising Equivalent Value
2,000 Facebook impressions $10 CPM $20
100 Facebook clicks $0.50 per click $50
100 YouTube Views $0.20 per view $20
Total Value: $90
Social Budget: $30
Social ROI: 300%
40
41. Likely
Questions &
Consideration
s
Most of the social data inputs are available
for free.
The model is complex. It requires proxy
values for social actions based on non-
social comps.
The model aggregates cross-channel social
data and maps it to familiar marketing
metrics.
The output is a relative comparison, not an
actual sales return on investment.
41
43. Example Traffic Comparison
Description Display Social Delta
Net New Visitors
Above baseline
30,000 170,000 Social drove 5.67X
more visitors
Cost $150,000 $130,000 Social cost only
86.7% of display
Cost per visitor $5.00 $0.76 Social generated a
6.5X better return
This data reflects actual performance from an Ignite Social Media client.
43
44. Likely Questions &
Considerations
This approach is less complicated
than others, it requires fairly simple
inputs.
The model works well if you have an
active display advertising campaign
as a basis for comparison.
The model doesn’t incorporate
impression value, only traffic value.
The channels are the variable, so try
to keep other variables constant.
44
45. Social Media ROI Models revisited:
1.) The Amplification Model
How much would it cost to buy these impressions/actions via paid media?
2.) Value of Social Traffic versus Display
How much does it cost to get a visitor to your site via social versus display?
3.) Quality of Visitors from Social Media
How well do social-driven visitors perform on your site?
4.) Revenue From Facebook Fans
How much incremental revenue do your Facebook Fans create?
5.) Revenue from Social Media Marketing
How many sales can we attribute to your social media marketing programs?
6.) Social Promotions Sales ROI
How many sales can we attribute to specialized social media promotions?
Social Media ROI Models revisited:
45
46. Importance of digital skills
Who should manage?
Social Media policy
Monitoring activity
Key Takeaway: There are 4 core elements to Social Media
management
Social Media Management 46
47. Digital Skills
Marketing or PR background
Social networking
Blogging and copywriting
Microblogging
Search Engine Marketing (organic or paid)
Web content management
Analytics
Key Takeaway: You may need to acquire digital
skills.
Elements of Social Media Management 47
48. Management Options
IT
Marketing
PR
HR
SM
Team
Key Takeaway: social media must be managed by
someone.
Elements of Social Media Management 48
49. Policy options
Formal
Informal
Restrictive
Non-restrictive
Levels of approval
Purpose
Be responsible
Be authentic
Use good judgment
Create re-markable content
Key Takeaway: Policy WILL exist-the question is whether it is by
default.
Elements of Social Media Management 49
50. Monitoring options
Active
Passive
Informal
Formal
Key Takeaway: Social Media must be managed.
Elements of Social Media Management 50
51. 7 - Best practices 2018
1. Use video content
2. Keep tabs on what happens with organic reach
3. Explore what paid ads can do for you
4. Get personal
5. Optimise user generated content
6. Get your frequency right
7. Sometimes less is more when it comes to social media platforms
51
72. Advantages / Disadvantages
of Social Media
LARGE AUDIENCES
FREE TO CREATE
ENCOURAGES SHARING
INCREASES BRAND LOYALTY
UNCOVERS VALUABLE
INSIGHTS
NEGATIVE FEEDBACK
POTENTIAL FOR
EMBARRASSMENT
TIME INTENSIVE
72
73. Security
Work with marketing to gain access to
social accounts
Continuously monitor corporate social
media accounts for cyber threats
Blacklist/block malicious URLs and IPs
found of social media
Establish workflow for dealing with
social media cyber crime targeting the
organization
Takedown malicious posts and profiles
Test employees on susceptibility to
social media cyber attacks
Train employees on safe usage, best
practices, and what to do in the event
of an attack
Work with marketing to keep a close
eye on social media initiatives and
campaigns
73
74. 2 hours fast track course on Social
Media
Hour 1
Introduction (5 mins)
Social Media Definition (5 mins)
10 keys to success on Social Media (10 mins)
Business and Marketing Strategy (6 ways you can measure ROI) (10mins)
Social Media Management (5 mins)
Best practices (5mins)
Tools (also called Channels) – FB / Twitter / Linked-In / Google + / Instagram /
Pinterest / WhatsApp (10 mins)
Trends 2018 (10 mins)
74
75. 2 hours fast track course on Social
Media
Hour 2
Yammer (20 min)
Strategy
Use Cases
Best practices (80% Culture, 20% Technology)
Driving ongoing engagements
Gathering the right people for success
Execution – the cornerstone of a successful project
Activity – Marketing dept launching a new project (10 mins)
Understanding Yammer like tools (Slack, SharePoint etc) (10 mins)
Advantages / Disadvantages of Social Media (5 mins)
Security (5 mins)
Review and Conclusion (10 mins)
75
76. THANKS !!!
KEEP IN TOUCH
RAJESH30MENON
@YAHOO, GMAIL, HOTMAIL, SKYPE, TWITTER, INSTAGRAM, PINTEREST
MY BLOG : HTTP://WWW.TECHNOSPIRITUAILTY.COM
MY BOOKS : LINK : HTTPS://GOO.GL/BQ8CNM (AMAZON.COM)
LINK : HTTPS://GOO.GL/OWGMXT (AMAZON.IN)
76
Notes de l'éditeur
The Social Media tactics you see are supported by unseen strategy. We’re review both.
Google: Instead of trying to imprison visitors, Google chose to re-direct them to their most relevant destination. Harvard Business Press, sold 2 million copies.
It’s important to consider the ROI of social media and ROI is more than just dollars.
Social media marketing, however, is the application of a complicated mix of tactics, including content marketing, influencer outreach, owned channel management and much more. And these tactics are then applied to solve a wide array of marketing issues, from brand awareness to improved SEO to brand loyalty to ecommerce traffic.
Models continue to evolve…
Models are not plug and play…
Our Amplification Model can also be called a Purchase Equivalency Calculator in that it measures and quantifies the value of social impressions and social actions and compares them to the cost of buying that same level of activity through traditional advertising means.
With social media, we have channels that are largely opt- in (like Facebook and Twitter), and we can often use those to reach friends of fans. We know from lots of research that fans and friends of fans are more likely to buy, so reaching these folks is every bit as valuable as advertising. If anything, it’s even more targeted.
Calculating:
Impression data is available in social platform analytics.
Valuing:
Impressions: For a highly targeted online media buy, you could easily spend $10 CPM, so for Facebook and Twitter impressions (highly, highly targeted) we use a $10 CPM. Other brands might use different numbers, such as $8 or $12 for a highly targeted buy.
Clicks: We can already measure the value of a click, since many of us spend thousands of dollars on Google pay-per-click advertising, trying to get our prospects to click over to our site. Of course, keywords vary dramatically in price, so use a simple average by taking the total you spend in a period on all keywords and dividing by the number of clicks.
YouTube views: YouTube. You can use what you pay for Promoted Videos, or use our average estimate of $0.20 per view.
Blog views and mentions: We built on the work done by Tourism Ireland in its Social Equivalent Ad Model paper. In that, Henry and Harte argue that these activities are deeper interactions than page views. While they can’t be directly quantified, Henry and Harte argue that they are at least as valuable as a click on a Google CPC ad in terms of involvement with a brand.
Comparing:
By aggregating impressions and actions and then assigning a value and then summing – you’ve calculated a paid marketing value equivalency.
Compare this paid marketing equivalency to your social budget to back into an ROI.
*Social Media Level 2: Creating a Social Media Culture by Hallie Janssen, VP, Anvil Media, Inc
*Social Media Level 2: Creating a Social Media Culture by Hallie Janssen, VP, Anvil Media, Inc
*Social Media Level 2: Creating a Social Media Culture by Hallie Janssen, VP, Anvil Media, Inc
*Social Media Level 2: Creating a Social Media Culture by Hallie Janssen, VP, Anvil Media, Inc
*Social Media Level 2: Creating a Social Media Culture by Hallie Janssen, VP, Anvil Media, Inc