Dimensions and Approach to Social Media

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2/21/2012 [email protected] It’s either social or it’s not media.

description

It is about People and not consumers in Social Media. Need to belong and be significant is why people use SM

Transcript of Dimensions and Approach to Social Media

Page 1: Dimensions and Approach to Social Media

2/21/2012 [email protected]

It’s either social or it’s not media.

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Social Media

A new kind of public space.

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Exists to fuel conversations, connections and shape opinion.

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The most popular technologies of the last decade – Facebook, SMS, BBM, Twitter, Mobile – each tool helps people do what we have been doing since the 50s.

Old behaviors, new technologies

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Social Media is

about people

and not consumers

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When it’s about “people”, relationships are built on mutual trust, interest and benefit.

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People love Social Media

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Nobody wants to be alone…

We fear the “one” and crave the “many” – this is our human nature

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Driven by a social survival mechanism that compels us to connect

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It’s a dialogue, not monologue

We are born to connect.

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Driven by our two most fundamental social needs

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Need to belong

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“Where am I in this story?”

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Need to Belong What can

brands do ?

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Need to be Significant

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I want to tell MY story… how are you helping?

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Need to be Significant What can

brands do ?

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People are more demanding, more discerning and more connected and the behavior is information based enabled by technology.

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Delight me and I will share with others. Satisfy me and I’ll leave you…

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Increasingly brands are focusing on context as relationships are valued and limited by nature

Content is only as good as the Context

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Marketers adapting Social Media

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Intel Center of Excellence

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Three dimensions of Social Media

Brand to People People to Brand People to People

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Brand to People

Creating dialogue, conversation and building connection with brand and relating the brand with lives and goals of people

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Engagement

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Advocacy

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Identifying and engaging with top influencers as well as to respond to key drivers of customer satisfaction to enhance experience

Ford Fiesta moments Coca-Cola

Nissan – My Versa Road Trip

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Insights

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Create a community around a brand, while building a great reputation for responsiveness.

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Retention

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The Citi ThankYou Point Sharing App.

MyCokeRewards

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Enhanced Service

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The Mhbuddy from Malaysia Airlines people to see if their Facebook friends are on the same flight and even change their seats so that they can sit with each other where possible.

Not only book flights via the Facebook app, but can also check in for flights and check their flight status using it. Delta Facebook Ticket Counter app can help customers print out boarding passes.

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Identify and Reduce

Brand Risk

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Attracting new business opportunities

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American Express open forum website - Place for small business owners to help grow their business. As small business grow, their need for credit, loans and other financial products also grow.

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Crises Communication

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The 2011 weather disruptions and ash clouds

The use of social media allowed Airlines in providing consumers with instant updates literally as they were happening.

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Idea Generation

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People to Brand

What people want is to have brands reach out to them and solve problems

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@ Delta Assist

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People to People

This is where most brands struggle to create value

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Interactive and in Control They are talking to each other

There is a vast –self answering

community on social networks

People want their voice and opinion to be heard

[email protected] 2/21/2012

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Client

WebsiteContent

Links and traf f icSocial Media Assets

Empower Brand Advocacy

Mainstream websites

This satisfies the need these

sites have for content and the

need the brand has for publicity

Personal Blogs

Forums /Message Boards

Brand Feedback

News, Events, Customer

Service, and SupportBe where people

communicate

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Approach to Social Media

Learning to love is learning to let go.

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Age of Multiple home page for brands

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Coke is mentioned 5,000 times a day on the internet

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Review the latest “buzz” surrounding Coca- Cola

Respond to this opinion on the internet, Coke has “subject matter experts”,

tasked in subject matters.

Recording involves producing information with relevance and common

interest for placement ranging from blog posts to short viral videos

Redirecting is to bring information and content to consumers via

connections from Google and Facebook to MyCokeRewards building “link love”.

Coca-Cola social media strategy

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Approach to building relationships

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Listen Participate Collaborate

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Set-up right infrastructure

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Process

Using customer insights gleaned from social media to drive

product development

Disseminating customer insights gleaned from social media to key

decision makers

Detecting early threats to the brand ( early warning systems)

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Organization

Dedicated resources devoted to social media monitoring

Dedicated resources devoted to online community management

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Knowledge

Centralized repository for consumer generated content

and insights

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Technology

Social Online community Platforms

Social Media monitoring tools

Customer Data Repository

Digital dashboards/ Performance reporting tools

Customer Data Analytic software

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Identify relevant networks Listen to conversation Participate in conversations by delivering relevant content

Build Relationship with Prospect Identify and Develop Evangelists

Create Trust and Increase TOM

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How will your brand help me belong? How will your brand help me be significant?

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Don’t sell Products. Sell a community Give everyone a voice