Nstc social media dec 2010
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Transcript of Nstc social media dec 2010
NSTC Breakfast ProgramDecember 1st, 2010
The 2 definitions for your Social Media “ROI”…
Return On Investment and your
Risk Of Inactivity.
www.NSTC.org
3 Forms of Media:OwnBuyEarn
2 Reasons to Participate:OpportunityObligation
1 Most Important:Content
Photo from James Cridland's photostream on Flickr - Creative Commons. Flickr.com/photos/jamescridland
YOU
OLD MARKETING
PRODUCT
PACKAGING
DISTRIBUTION
CRM
ADVERTISING
CONSUMER
NEW MARKETING
PRODUCT
PACKAGING
DISTRIBUTION
ADVERTISING
CONSUMER
CRM
8
= 500 million users – Personal, Global50% daily | 25 Billion pieces of content shared monthly (web links, news stories, blog posts, notes, photo albums, “Messaging”, more.)
= 70 million members - Biz Brand/Updating150 industries | 200 countries | New member every second
= 55 million daily tweets – Live pointers 300,000 sign up daily | 180 million unique monthly visitors
= 2 billion viewed daily – Easy Everything24 hrs worth of video uploaded every minute
SOME NUMBERS
9
SOCIAL MEDIA…B2CB2BP2P
Your Prospects and Influencers Are ALREADY Talking About You
Listen, Learn, Join, and Encourage the conversations
Tell Your Real Story Create Content They Want = “Inbound Marketing”
The NSTC Community
Your Trainers
Todd Van Hoosear
• Professional communicator and technologist with 20 years in the technology sector and 10 years of corporate and agency PR and marketing
• Founding Member, Board of Directors, Social Media Club
• Fellow, Society for New Communications Research
• www.ItsFreshGround.com
David Cutler The Magic is Between Sales and Marketing
• CreativeBusinessDevelopment.com
• Business Development across Media with 20 years experience increasing exposure and revenue for corporations and the startups they fear … and need
• Internet Pioneer and Founder of the still helpful Webopedia.com
• Fan and critic of all media at
www.EatMedia.com
It’s about the Story You Tell
Low Cost + High Creativity
The Social Organization
Fresh Ground, Inc.Fresh Ground, Inc.
A New Model
IdeateFlickr image uploaded by Caveman (Kickin' 66 with Pete Zarria)Shared under Creative CommonsAttribution-No Derivative Works 2.0 GenericLicense
ShareFlickr image uploaded by Ed YourdonShared under Creative CommonsAttribution-Share Alike 2.0 GenericLicense
ListenFlickr image uploaded by andronicusmaxShared under Creative CommonsAttribution 2.0 GenericLicense
ChangeFlickr image uploaded by adam*bShared under Creative CommonsAttribution 2.0 GenericLicense
The Four Cs
Fresh Ground, Inc.Fresh Ground, Inc.
Content Community Conversation Conversion
Old NewspaperFlickr image uploaded by ShironenoEuro[busy]Shared under Creative CommonsAttribution 2.0 GenericLicense
The Crowd KissFlickr image uploaded by hipposrunsuperfast.comShared under Creative CommonsAttribution 2.0 GenericLicense
Conversation, NYC, 1970Flickr image uploaded by eye2eyeShared under Creative CommonsAttribution-NoDerivs 2.0 GenericLicense
Pele SorgFlickr image uploaded by CJ SorgShared under Creative CommonsAttribution-ShareAlike 2.0 GenericLicense
Good News / Bad NewsRisk of Inactivity ExamplesReturn on Investment Surprises
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MeasurementFlickr image uploaded by whoswhoShared under Creative CommonsAttribution-NonCommercial-NoDerivs 2.0 GenericLicense
http://www.instituteforpr.org/digest_entry/the_barcelona_declaration_of_research_principles/amecorg.com
ROI: Measuring Return on Investment
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• Balanced Scorecard Approach• Financial• Customer• Internal Processes• Learning & Growth
• Forrester’s Approach• Financial: Has revenue or profit increased or costs decreased?• Digital: Has the company enhanced its owned and earned digital assets?• Brand: Have consumer attitudes about the brand improved?• Risk Management: Is the organization better prepared to note and
respond to attacks or problems that affect reputation?
Investment of one person @ ½ hr day = ($15k/yr)
ROI = $100,000 annual billings
Investment of one person @ ½ hr day = ($15k/yr)
ROI = $50,000 annual billings
Follow us
@mfacpa
The Right Tools and Platforms
Thank You NSTC Community!
Next Steps:Find this presentation and
Contact us for a Custom Session,Evaluation, and Recommendations
at
www.EatMedia.com