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Social network marketing, engagement marketing & brands London Business School [email_address] socialnetworkmarketinguk.com February 2009 Find this presentation on slideshare.net/tomchapman
Social media guy
The report To download a copy of this report please visit http://www.socialnetworkmarketinguk.com
“ The social network conceptual map refers to the final page of the report which you’ll need to go see for yourself. I’ve printed it out and tacked it to my office wall because it maps a process to successful social networking activity I would consider sound and reliable.”       – Jason Falls, Social Media Explorer Press coverage
Consumers expect to be involved, engaged and invited to collaborate The rise of social media
Social media optimisation
Network theory
Sarnoff’s Law   Network value =n
Metcalfe’s Law   Network value =n(n-1)
Sarnoff’s Law Metcalf’s Law N(N-1)/2 Number of possible connections = 4,950 Reed’s Law 2 n -n-1 Number of possible connections =1,267,650,600,228,229,401,496,703,205,376 Based on an N of 100 100 Total value of Network =100 Reed’s Law   Network value =  2n –n-1
 
 
Social network sites
Social network profiles
Weak tie relationships
Monetization
Research objectives
Literature review
Research methodology
Quantitative research findings
Small % of SN users friend    or fan of brand
Facebook users more likely   to promote brands
Users unlikely to fan/friend    brand via connections
Facebook users more likely to    share widgets/apps
Users will ignore brand promotions    from friends
Users unlikely to remain loyal if    sent advertisements
Users unlikely to purchase    products via profile
Users object to purchases    being made public
Users display loyalty to brands    that communicate
Small % SN users aware of    social ads
Small % SN users have become    friend/fan of brand via social ad
SN users aware of advertisers  use of SN
SN users will not alter profile    to disrupt ads
Qualitative research findings
 
 
 
 
 
 
 
Brand engagement & loyalty I nvolvement I nteraction I ntimacy I nfluence
Summary of key findings
Brands must use transparent    communications
Users do not want to purchase   via profile page
Brands must listen to fans/friends
Any brand can benefit from   social network sites
Engage consumers beyond   first transaction
Consumer comments offer real   value
Great creative is the key to   effective engagement
Social ads help build trust   between brand and consumer
Loyalty & trust is the key metric
Social network marketing   concept map – Tom Chapman Concept map is featured within the report at http://www.socialnetworkmarketinguk.com
Future considerations
Thank you & please get in touch… www.headstreampr.com www.fivebyfivedigital.com [email_address] socialmediamarketinguk.com twitter.com/tomchapman linkedin.com/in/tomchapmanuk

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Social network marketing, engagement marketing and brands

Editor's Notes

  1. The content of this presentation is taken from the report ‘Social network marketing, engagement marketing and brands’ that can be downloaded from www.socialnetworkmarketinguk.com