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Social Media and business By IFG Workshop 2 June 2011 Mike Parsons and Mary Rose 1
Aims of Session ,[object Object],                - Business objectives                 - People                 - Technology   ,[object Object]
Help you focus on the social media objectives of your business
Helps you get started       2
What we will cover    How do networks work?  Why does social media matter?  Benefits and challenges  The Tools   Getting Started  Questions to ask  Measuring Results  The Future 3
Facebook likened to an eighteenth century coffee house   4
'Credit is like a maiden's virtue, once lost it is lost forever' Daniel Defoe,  1727   5
The square mile a hub of business intelligence and gossip   6
So how are things different in 2011? ,[object Object]
Doesn't need to be  'real time'
Customers involved 
Technology awareness vital
Real estate has gone digital - LinkedIn, Google etc7
Origins of Social Media 8
Why does Social Media Matter for Business A lovely introduction to why social media matters for business: 9
Why Social Media Matters What's happening in principle?  Media and businesses no longer control the agenda who does? the consumer  the dangers?    10
Why Social Media Matters Stage 1 - consumers to do things for themselves - create news  -buy/sell products to others  -customers do own admin  eg online purchases - products/airline/  Stage 2 in doing all this businesses or consumers can act to engage by creating community  11
Why  Social Media Matters Key reasons: Defensive and Offensive : Rules of Game have changed  Without Social Media expertise you are at risk Rules of the marketing game have changed   New lower cost marketing strategy than print advertising and PR    Important for B2C and B2B 12
Benefits of Social Media ,[object Object]
Reach a wider audience
Generate new leads
Gain operational efficiency
Increase traffic to your website
Share information easily
Improve communication and collaboration
Build loyalty
Ability to respond/defend when problems13
Limitations of Social Media ,[object Object]
Security and privacy issues
Difficult to reach critical mass
Managing change internally and externally
Brand exposure & transparency: both positive and negative comments egTripAdvisor, Amazon
Time and cost of implementation & maintenance
Need to be used carefully and strategically14
Social Media - the big 4      with employees  with customers  with suppliers  15
Social Media Tools   16
Social Media Tools   17
Getting Started with Social Media Questions to ask before you start with social media : What is needed and what is possible? People Objectives Strategies Technology      18
Behind POST People  : Who are your customers? How do they engage?  What excites them? What are they saying about your company, sector, product area? 19
People : what are they saying? Social Media Monitoring Tools eg : http://www.icerocket.com  http://www.socialmention.com List for reference http://sixrevisions.com/tools/12-social-media-monitoring-tools-reviewed/ 20
Behind POST Objectives :  What do you hope to gain for your business? - eg Marketing? Customer interaction? Customer innovation? 21
Behind POST Strategy How do you want relations with cusomers/employees to change? 22
Behind POST Technology  What tools are right for the job? 23
Guidelines    ,[object Object]
Content strategy
Right Social Media Mix

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Social media and_business

  • 1. Social Media and business By IFG Workshop 2 June 2011 Mike Parsons and Mary Rose 1
  • 2.
  • 3. Help you focus on the social media objectives of your business
  • 4. Helps you get started       2
  • 5. What we will cover    How do networks work?  Why does social media matter?  Benefits and challenges  The Tools   Getting Started  Questions to ask  Measuring Results  The Future 3
  • 6. Facebook likened to an eighteenth century coffee house   4
  • 7. 'Credit is like a maiden's virtue, once lost it is lost forever' Daniel Defoe,  1727   5
  • 8. The square mile a hub of business intelligence and gossip   6
  • 9.
  • 10. Doesn't need to be  'real time'
  • 13. Real estate has gone digital - LinkedIn, Google etc7
  • 14. Origins of Social Media 8
  • 15. Why does Social Media Matter for Business A lovely introduction to why social media matters for business: 9
  • 16. Why Social Media Matters What's happening in principle?  Media and businesses no longer control the agenda who does? the consumer  the dangers?    10
  • 17. Why Social Media Matters Stage 1 - consumers to do things for themselves - create news  -buy/sell products to others  -customers do own admin  eg online purchases - products/airline/  Stage 2 in doing all this businesses or consumers can act to engage by creating community  11
  • 18. Why  Social Media Matters Key reasons: Defensive and Offensive : Rules of Game have changed  Without Social Media expertise you are at risk Rules of the marketing game have changed   New lower cost marketing strategy than print advertising and PR    Important for B2C and B2B 12
  • 19.
  • 20. Reach a wider audience
  • 23. Increase traffic to your website
  • 27. Ability to respond/defend when problems13
  • 28.
  • 30. Difficult to reach critical mass
  • 31. Managing change internally and externally
  • 32. Brand exposure & transparency: both positive and negative comments egTripAdvisor, Amazon
  • 33. Time and cost of implementation & maintenance
  • 34. Need to be used carefully and strategically14
  • 35. Social Media - the big 4      with employees  with customers  with suppliers  15
  • 38. Getting Started with Social Media Questions to ask before you start with social media : What is needed and what is possible? People Objectives Strategies Technology      18
  • 39. Behind POST People  : Who are your customers? How do they engage?  What excites them? What are they saying about your company, sector, product area? 19
  • 40. People : what are they saying? Social Media Monitoring Tools eg : http://www.icerocket.com  http://www.socialmention.com List for reference http://sixrevisions.com/tools/12-social-media-monitoring-tools-reviewed/ 20
  • 41. Behind POST Objectives :  What do you hope to gain for your business? - eg Marketing? Customer interaction? Customer innovation? 21
  • 42. Behind POST Strategy How do you want relations with cusomers/employees to change? 22
  • 43. Behind POST Technology  What tools are right for the job? 23
  • 44.
  • 47. Be Human, Honest & Authentic
  • 48. Educate, Entertain & Enlighten (3Es)
  • 52. Acknowledge & Reward Participation24
  • 53.
  • 54. Talking to Everyone about Everything
  • 55. Trying to Please Everyone
  • 60. Not listening to your audience
  • 61. Forgetting to reward participation25
  • 62. Steps towards getting started  Define plan and objectives Involve employees Get closer to customers Think like a journalist and publisher Create a community  Measure what is most important 26
  • 64. Future Developments Think mobile ! 2D Barcodes  Mountain Riders use 2D 28
  • 65. 29
  • 66.
  • 68. One person from each group act feedback to whole course.30
  • 69. 31
  • 70. From the case studies : OMM, Wiggly Wigglers, Mike Redwood and Twitter, Chris Tossell and Access, Sarah Howcroft Interview Identify : 1 Good practice 2 Challenges 3 Ideas for your business  Write on Post Its and put on Flip chart for each case study Afternoon discussion/feedback session 1 Group to summarisefindings from flipchart nearest your table 2. One person from each table to feedback to whole course 32
  • 71. OMM case study  event of 2008  Seathwaite, Borrowdale, Cumbria    33
  • 72. The business an event founded 1968  2 day mountain marathon for teams of 2 carrying all equipment and food for days days unsupported  overnight camp with c1200 tents. no support other than water.       product design  development  manufacturing sales  packs and clothing  lightweight and suited for adventure racing events  34
  • 74. Event  event merchandise  tees  sweats  etc  a high kudos event  a status symbol car stickers    3,000 competitors  was first UK event to be reported on website during period of event  forum  community equipment used over weekend more value than London marathon (40,000 runners)    36
  • 75. 2008 Seathwaite Borrodale  Storm hit 2 days prior and cleared through  forecast was second storm Saturday  sunshine by Sunday afternoon - prize giving.   second storm extremely violent with sever flooding Honister quarry  Press call  Dunkirk spirit  Mark Weir  morgue for 1700 people      37
  • 76. Telecoms in Borrowdale  very very basic why?     38
  • 77. PRESS reactions  TV got into overnight camp  deluge of calls from 7am    my press man arrived back through floods  mike - you have ............ BBC  lets check facts before we go live no one dead I hope how many injured? one reporter to boss  I cannot find not a single person willing to slag off the organisers.      39
  • 78. Results by Monday am  3,000 articles around teh world from China - NZ - SA and Fox news USA  all 7 nat dailies in UK carried at least 1 page usually 2  barrage of requests for interviews       40
  • 79. Interviews  25 interviews over 5 days  radio TV etc    issues raised and why  police attitudes  41
  • 80.       42
  • 81. Wiggly Wigglers Case Study : Business to Consumer Wiggly Wigglers 2008 Dell Small Business Award Customer Catalogue development using wiki Podcasts and blogs Facebook page Why Heather Gorringe uses Social Media  80% saving on advertising budget   43
  • 82.       44
  • 83. From the case studies : OMM, Wiggly Wigglers, Mike Redwood and Twitter, Chris Tossell and Access, Sarah Howcroft Interview Identify : 1 Good practice 2 Challenges 3 Ideas for your business  Write on Post Its and put on Flip chart for each case study Afternoon discussion/feedback session 1 Group to summarisefindings from flipchart nearest your table 2. One person from each table to feedback to whole course 45
  • 84. Some questions to take away (2)  1How  do  you  communicate  with  your  customers?  How could it be improved?  2.  Do  you  collaborate  and  seek  feedback  from  your customers?  3.  What do your customers value most about your company? How might this be addressed using social media? 4.  What are your competitors’ social media  strategies?  46