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Should Your Company Use Social
Media Marketing?
Customer Relationships — Engage. Keep. Grow.
Bio
Sallie Burnett
Strategist. Leader. Innovator.
• President of Customer Insight Group, Inc.,
leading strategic relationship-marketing firm
• Adjunct digital marketing professor prestigious
Daniels College of Business
• 2009 Direct Marketer of the Year
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
2
Customer Insight Group, Inc.
• Systematic New Loyalty Program
• Loyalty Audit
• Loyalty Navigator
• Custom Loyalty Workshop
• Cause Marketing Exploration
• Social Media Roadmap
• Social Media Navigator
• Custom Social Media Workshop
• Data mining
• Market research
• Modeling
• Profiling
• Response analysis
• Segmentation
• Social media monitoring
• Usage and attitudes
• Audience targeted creative
• Blogs
• Content
• Direct mail
• E-mail design
• Landing pages
• Manage online conversations
• Mobile marketing
• Program management
• Social media
• Website design and content
Insight Strategy Execution
3
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
Customer Relationships – Engage. Keep. Grow.
Quick Quiz
• Facebook?
• Flickr?
• Linked In?
• StumbleUpon?
• Digg?
• Reddit?
• Have you searched for something on Wikipedia?
• Yahoo?
• Google?
• Ask?
• Do you read blogs?
• Do you use a RSS reader Google, Newsgator or Bloglines?
• Have you submitted or shared content to a social network?
4
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
What is Social Networking?
• Social networking is the interaction between a group of people
who share a common interest.
• This can be casual (Facebook), professional (LinkedIn), or
anything in between.
• Social network is a conversation and it is all about the ideas
you are sharing about a brand.
“Social network sites are visited by three quarters of global consumers who
go online today. That’s a 24% increase over last over.” Nielsen, 2010
“Messaging, commenting, blogging, sharing and “liking” now fill up 22% of all
time spent online each month.” Nielsen, 2010
5
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
How does Social Media Work?
• Social media marketing helps companies
capitalize on cutting edge marketing
techniques.
• Allows marketers to utilize and profit from
the use of web 2.0 platforms, such as blogs,
podcasts, social networking sites, and other
emerging marketing tools.
• Social media differs from traditional media in
that it involves two-way communication,
where users are empowered to generate
content.
• Consumers today are social, and want to
have conversations with companies.
Why people
participate in social
media:
Express opinions
Find, make friends
Keep in touch
To network
Join a community
Learn about brands,
products
It’s easy!
6
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
Where Do Buyers/Influencers Get
Information About Your Product?
0%
20%
40%
60%
80%
Social Media
Company Websites
Online News
Review Sites
Wikis
70%
68%
57%
49%
44%
|SocialMediaandOnlinePRReport|http://ecly.co/OPR-sm
7
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
What are the Benefits of Social
Media for Marketers?
ACQUISITION
Who are they?
Where are they?
When should you
communicate with
them?
What matters to
them?
BRAND
AWARENESS
Increase brand
reputation
Leverage content
Improve PR
TARGETABILITY
Target segments
Relevant offers
INTERACTIVE,
TWO-WAY
Extend reach
Increase brand
advocacy
8
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
How Effective is Social Media in
Achieving Business Objectives?
0% 20% 40% 60% 80% 100%
Increase Brand or Product Awareness
Increase Brand or Product Reputation
Improve Public Relations
Increase Website Traffic
Improve Search Engine Rankings
Reduce Customer Acquisiton Costs
49%
45%
43%
41%
35%
18%
47%
50%
52%
54%
52%
50%
4%
5%
5%
5%
13%
32%
Very Effective Somewhat Effective Not Effective
9
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
What are the Social Media
Channels?
10
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
MICRO-BLOGGING SITE
The space: “Online Megaphone”
79% of Fortune
100 companies
have at least one
Twitter account.
Manage:
Tweetdeck
HootSuite
CoTweet
Twellow
Over 75 million
users, but growth
is slowing.
Over 50% are
outside of the U.S.
Monitor:
- Company
profile
- Mentions
- Followers
- Discussions
How companies
use:
– Promotions
– CRM
– Customer
engagement and
loyalty
– Customer service
– Brand awareness
– Understand needs
– Drive web traffic
Source: Quantcast.comTwitter users like to be connected, get timely information,
and connect with new people and brands.
12
Twitter Age
Demographics
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
SOCIAL NETWORKING SITE
The space: “A BBQ with friends”
Over 500
million users
70% are
outside of the
U.S.
Over 65% of
companies
use in
marketing
strategy
145% user growth in past
year
More than 200 million
users currently access
Facebook on their mobile
device
Monitor:
- Fans/Likes
- Interactions
- Comments
- Wall posts
- Mentions
How companies can use:
– Customer engagement
– CRM
– Build loyalty
– Brand awareness
– Targeted ads
– Acquisition
– Facebook Connect
– Drive web traffic
Source: Facebook Social Ads Platform Data
Facebook Age
Demographics
Facebook has become both a personal and professional space.
14
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
16
WEB VIDEO, ONLINE VIDEO
COMMUNITY
Over 1 billion
videos
viewed per
day.
Average
person spends
15 minutes a
day on
YouTube.
How customers use:
A video-sharing website
on which users can
upload, share, and view
videos.
Businesses can create
personal channels to host
videos.
Monitor:
- Video views
- Channel
subscribers
- Comments
- Advertising
insights
How companies
use:
– Custom channel,
brand building
– Customer
engagement and
loyalty
– Targeted advertising
– Customer support
– YouTube Promoted
Videos
– “How to” videos
– Product showcase
Source: Quantcast.com
Users interact with online video sites much like they do with social
networking sites—connecting with others and commenting on posts.
3 - 12
YouTube Age
Demographics
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
How to Develop Your Social
Media Strategy
1. Identify your objectives
2. Identify your target audience
3. Find where the conversations are happening
4. Join the conversations
5. Integrate into your existing communications
6. Monitor and measure
17
© Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
Sallie Burnett, President
Customer Insight Group, Inc.
Email: sallie@customerinsightgroup.com
Phone: 303.422.9758
Twitter: http://twitter.com/sallieburnett
LinkedIn: http://www.linkedin.com/in/sallieburnett

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Should Your Company Use Social Media Marketing

  • 1. Should Your Company Use Social Media Marketing? Customer Relationships — Engage. Keep. Grow.
  • 2. Bio Sallie Burnett Strategist. Leader. Innovator. • President of Customer Insight Group, Inc., leading strategic relationship-marketing firm • Adjunct digital marketing professor prestigious Daniels College of Business • 2009 Direct Marketer of the Year © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com 2
  • 3. Customer Insight Group, Inc. • Systematic New Loyalty Program • Loyalty Audit • Loyalty Navigator • Custom Loyalty Workshop • Cause Marketing Exploration • Social Media Roadmap • Social Media Navigator • Custom Social Media Workshop • Data mining • Market research • Modeling • Profiling • Response analysis • Segmentation • Social media monitoring • Usage and attitudes • Audience targeted creative • Blogs • Content • Direct mail • E-mail design • Landing pages • Manage online conversations • Mobile marketing • Program management • Social media • Website design and content Insight Strategy Execution 3 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com Customer Relationships – Engage. Keep. Grow.
  • 4. Quick Quiz • Facebook? • Flickr? • Linked In? • StumbleUpon? • Digg? • Reddit? • Have you searched for something on Wikipedia? • Yahoo? • Google? • Ask? • Do you read blogs? • Do you use a RSS reader Google, Newsgator or Bloglines? • Have you submitted or shared content to a social network? 4 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 5. What is Social Networking? • Social networking is the interaction between a group of people who share a common interest. • This can be casual (Facebook), professional (LinkedIn), or anything in between. • Social network is a conversation and it is all about the ideas you are sharing about a brand. “Social network sites are visited by three quarters of global consumers who go online today. That’s a 24% increase over last over.” Nielsen, 2010 “Messaging, commenting, blogging, sharing and “liking” now fill up 22% of all time spent online each month.” Nielsen, 2010 5 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 6. How does Social Media Work? • Social media marketing helps companies capitalize on cutting edge marketing techniques. • Allows marketers to utilize and profit from the use of web 2.0 platforms, such as blogs, podcasts, social networking sites, and other emerging marketing tools. • Social media differs from traditional media in that it involves two-way communication, where users are empowered to generate content. • Consumers today are social, and want to have conversations with companies. Why people participate in social media: Express opinions Find, make friends Keep in touch To network Join a community Learn about brands, products It’s easy! 6 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 7. Where Do Buyers/Influencers Get Information About Your Product? 0% 20% 40% 60% 80% Social Media Company Websites Online News Review Sites Wikis 70% 68% 57% 49% 44% |SocialMediaandOnlinePRReport|http://ecly.co/OPR-sm 7 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 8. What are the Benefits of Social Media for Marketers? ACQUISITION Who are they? Where are they? When should you communicate with them? What matters to them? BRAND AWARENESS Increase brand reputation Leverage content Improve PR TARGETABILITY Target segments Relevant offers INTERACTIVE, TWO-WAY Extend reach Increase brand advocacy 8 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 9. How Effective is Social Media in Achieving Business Objectives? 0% 20% 40% 60% 80% 100% Increase Brand or Product Awareness Increase Brand or Product Reputation Improve Public Relations Increase Website Traffic Improve Search Engine Rankings Reduce Customer Acquisiton Costs 49% 45% 43% 41% 35% 18% 47% 50% 52% 54% 52% 50% 4% 5% 5% 5% 13% 32% Very Effective Somewhat Effective Not Effective 9 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 10. What are the Social Media Channels? 10 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 11. MICRO-BLOGGING SITE The space: “Online Megaphone” 79% of Fortune 100 companies have at least one Twitter account. Manage: Tweetdeck HootSuite CoTweet Twellow Over 75 million users, but growth is slowing. Over 50% are outside of the U.S. Monitor: - Company profile - Mentions - Followers - Discussions How companies use: – Promotions – CRM – Customer engagement and loyalty – Customer service – Brand awareness – Understand needs – Drive web traffic Source: Quantcast.comTwitter users like to be connected, get timely information, and connect with new people and brands. 12 Twitter Age Demographics © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 12. SOCIAL NETWORKING SITE The space: “A BBQ with friends” Over 500 million users 70% are outside of the U.S. Over 65% of companies use in marketing strategy 145% user growth in past year More than 200 million users currently access Facebook on their mobile device Monitor: - Fans/Likes - Interactions - Comments - Wall posts - Mentions How companies can use: – Customer engagement – CRM – Build loyalty – Brand awareness – Targeted ads – Acquisition – Facebook Connect – Drive web traffic Source: Facebook Social Ads Platform Data Facebook Age Demographics Facebook has become both a personal and professional space. 14 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 13. 16 WEB VIDEO, ONLINE VIDEO COMMUNITY Over 1 billion videos viewed per day. Average person spends 15 minutes a day on YouTube. How customers use: A video-sharing website on which users can upload, share, and view videos. Businesses can create personal channels to host videos. Monitor: - Video views - Channel subscribers - Comments - Advertising insights How companies use: – Custom channel, brand building – Customer engagement and loyalty – Targeted advertising – Customer support – YouTube Promoted Videos – “How to” videos – Product showcase Source: Quantcast.com Users interact with online video sites much like they do with social networking sites—connecting with others and commenting on posts. 3 - 12 YouTube Age Demographics © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 14. How to Develop Your Social Media Strategy 1. Identify your objectives 2. Identify your target audience 3. Find where the conversations are happening 4. Join the conversations 5. Integrate into your existing communications 6. Monitor and measure 17 © Customer Insight Group, Inc. • 303.422.9758 • www.customerinsightgroup.com
  • 15. Sallie Burnett, President Customer Insight Group, Inc. Email: sallie@customerinsightgroup.com Phone: 303.422.9758 Twitter: http://twitter.com/sallieburnett LinkedIn: http://www.linkedin.com/in/sallieburnett

Editor's Notes

  1. http://blog.nielsen.com/nielsenwire/online_mobile/social-media-accounts-for-22-percent-of-time-online/
  2. http://www.marketingsherpa.com/1news/chartofweek-03-09-10-lp.htm
  3. http://blog.twitter.com/2010/02/measuring-tweets.htmlhttp://www.worldmarketmedia.com/810/section.aspx/994/post/social-media-trends-at-fortune-100-companies-stats
  4. 328% growth in 35 – 54 year olds 35+ demographic now represents more than 30% of the entire user base 923% growth in ages 55+ Source: Facebook Social Ads Platform Data