Why the Grocery Business Must Go Social

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People are the media: WHY THE GROCERY BUSINESS MUST GO SOCIAL Eric Weaver | Tribal DDB 28-JAN-2010

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AUDIENCE: Food and beverage manufacturers and distributors, with a relatively low involvement in social mediaEVENT: 2010 Canadian Council of Grocery Distributors Western ConferenceDATE: 28-Jan-10SPEAKER: Eric Weaver, Tribal DDB VancouverSYNOPSIS: This covers the "why" and "how" concerning social media for the grocery industry.

Transcript of Why the Grocery Business Must Go Social

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People are the media:WHY THE GROCERY BUSINESS MUST GO SOCIAL

Eric Weaver | Tribal DDB28-JAN-2010

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Excess hype, overshare, pokes, "how well do you know me" quizzes and stalkers. Why would I use this for biz?

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“My marketing budget is slashed. And I keep hearing about social media. Is this a fad? Do these efforts actually work? The conversation seems so shallow. Who's got time to manage all this?”?

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THE SOCIAL INTERNET IS A

PROFOUND CHANGE

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350,000,000PEOPLE ON FACEBOOK

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67,000+PEOPLE JOIN LINKEDIN EVERY DAY

750,000+PEOPLE JOIN FACEBOOK EVERY DAY

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700,000+BUSINESSES ON FACEBOOK

5,300,000,000HANDRAISERS

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12,500,000CANADIANS ON FACEBOOKZINC RESEARCH

COUNTRY WITH THE SECOND HIGHEST PERCENTAGE OF USERS ON FACEBOOK

CANADAFACEBOOK

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People ask me if their business should be using social media

◼ And I say, I don’t know, is there more business near the freeway?

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9:30 AM Jan 28 from PowerPoint

Outbound mktg is a $1TT machine. Each niche = a full industry. We're rewarded for storytelling/ intrusion/repetition. Unchanged in 150 yrs.

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Back in the day

Limited product choice

Limited media channels

Longer brand interactions

Higher barriers to entry

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Customer shifts

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91%OF PEOPLE GLOBALLY WILL BUY FROM COMPANIES BASED ON TRUST

77%PEOPLE WHO REFUSE TO BUY FROM COMPANIES THEY DISTRUST

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MARKETING OFTEN STUCK IN THE PAST

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$15K ON DIRECT MAIL = 200 NEW CUSTOMERS$7,500 ON OUTDOOR = 300 NEW CUSTOMERS$0 ON TWITTER = 1800 NEW CUSTOMERSBUSINESS GROWTH: $4MM -> $50MM IN 3 YRS

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2,000,000 IMPRESSIONS2,300 NEW ACCOUNTS$4,000,000 IN NEW DEPOSITS

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GROWING REVENUE IS NOT ABOUT TAGLINES, LOGOS, INTRUSION OR HANDWAVING. IT’S ABOUT USING YOUR MARKETING EFFORTS TO GAIN TRUST.

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“YEAH YEAH YEAH. SOCIAL MEDIA BLAH

BLAH BLAH. STILL SEEMS LIKE

OVERSHARE AND EGO GRATIFICATION.”

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BOOMERS

All about propriety. Trained in formalities, don’t offend, guarded means safe, not so great with “random.” Suit & tie = trustworthy.

GENS X&Y

All about affinity. Formalities ignored, sharing means being found, tech is easy, life is random. Suit & tie = untrustworthy.

2010THE YEAR MILLENIALS WILL SURPASS BOOMERS IN THE WORKFORCE

PHOTO: FLICKR.COM/PHOTOS/KATINALYNN

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THIS NEW MARKETING MEANS…

STILL NEED A BRAND!What’s your promise? Your unique value? Your primary differentiation? The benefits

you’ll always deliver?

NO MORE SET & FORGETDialogue requires feedback

mechanisms, time, effort and good conversational skillz

BE TRANSPARENTAbout everything except that which

must be kept secret

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“BUT I DON’T HAVE TIME FOR ONE MORE THING.”

Telemarketing, 1977

Computer-based graphic design, 1986

Email marketing, 1996

Web marketing, 1997

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OKAY, I GET THE WHY. NOW HOW DO I GET STARTED?

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1. START WITH A LISTENING PLATFORM

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54%COMPANIES THAT HAVE IMPLEMENTED SOCIAL MONITORING PLATFORMS

E-CONSULTANCY, SOCIAL MEDIA AND PR REPORT, NOVEMBER 200926

46%COMPANIES THAT HAVE NO IDEA

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2. CREATE SEARCH-FRIENDLY, USEFUL, DIGITAL CONTENT FOR THE END OF THE SEARCH

MAKE IT EASILY SHARED, EASILY DISCUSSED, AND EASY TO GIVE FEEDBACK ON

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BLOGS: LONG-FORM THOUGHT, INTELLECTUAL CAPITAL. CEO media/invstr relations; industry trends/insights; legislative impacts; recipes

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TWITTER: QUICK-BURST, SHORT-FORM THOUGHT. Crisis PR, timely insights, content alerts, community bldg, event notices, offers

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VIDEO: great for intensive learning, how-to vids, personality pieces, company storytelling, humor

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“THE BEST WEAPON AGAINST SOCIAL MEDIA FIRE IS SOCIAL MEDIA WATER.” – Ramon DeLeon, Domino’s Pizza

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AUDIO PODCASTS: great for distracted learning, storytelling, conversational thought leadership, testimonials, sensory experiences

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WIDGETS/APPS: PROVIDE CONTENT PORTABILITY. Get your content into more places; allow engagement w/o leaving venue; aggregate valuable content

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SOCIAL VENUES: GO WHERE YOUR PROSPECTS CONNECT & CHAT. Brand awareness, community/CSR discussions, loyalty programs, consumer feedback/trials/testing

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AW

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Integrated Traditional/Social Marketing Mix

AMAZONS T O R Y T E L L I N G

FACEBOOK FAN PAGE

SEO RECIPES

COMPANY BLOG (IP)

BRANDED SITE

EXTERNAL MKTG-MANAGED PRESENCE

EXTERNAL THIRD-PARTY SITE

TRADITIONAL MEDIA/PR

HELPFUL RESOURCES

COMMENTS

RETAIL

ONLINE SAMPLING

TOPICAL COMMUNITIES: IP, HELPFUL TIPS

PRINT

OUTDOOR

PRODUCT LAUNCH

MICROSITE

ONLINE

EVENTS

E-COMMERCE PARTNER

EXTERNAL BLOGS: IP, TIPS

YOUTUBE CHANNEL: STORYTELLING, IP

PR

SAMPLING PGMS

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3. REINFORCE TRUST

OPEN, HONEST DIALOGUE.TRANSPARENCY DEFAULT.CLEARLY STATED INTENTIONS.REAL HUMAN VOICES.

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4. ENABLE CUSTOMERS TO CO-CREATE YOUR OFFERINGS WITH YOU

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“I COULD HAVE JUST NAMED THIS THING THE VX150 OR ZI8. BUT I THOUGHT THAT THE PEOPLE WHO BUY THE PRODUCT SHOULD COME UP WITH SOMETHING MEANINGFUL TO THEM.” – JEFFREY HAYZLETT, KODAK

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66% PERCENTAGE OF BRAND TOUCHPOINTS NOW GENERATED BY CUSTOMERS

MCKINSEY QUARTERLY, JULY 2009

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SUMMARY

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CONSIDER YOUR LENS

THERE’S NO ENTRY POINT INTO A CONVERSATION IF YOU’RE NOT PRESENT

RESPECT TIME STARVATION

GIVE YOURSELF TIME

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THANK YOU.me: twitter.com/weave company: tribalddb.caslides: slideshare.net/weave