Download - Social Media Impact on Business and Marketing

Transcript
Page 1: Social Media Impact on Business and Marketing

SOCIAL MEDIA

IMPACTON

BUSINESS & MARKETING

http://www.flickr.com/photos/kylemay/526384959/

Page 2: Social Media Impact on Business and Marketing

David Wang• BA Comms Monash

• Blogger, web geek (10 years+)

• Chief Geek @ Buzzmedia

• Social Media & Web Analytics Manager @ AGENDA Asia

• Public Relations Consultant @ Quattro Communications

http://linkedin.com/in/davidwang

http://twitter.com/blogjunkie

[email protected]

016-239 2255

http://buzzmedia.com.my

Page 3: Social Media Impact on Business and Marketing

Clients & Experience

Page 4: Social Media Impact on Business and Marketing

Buzzmedia

ConsultingTraining

OnlineMarketing

Web Design

Page 5: Social Media Impact on Business and Marketing

?WHAT IS ONLINE MARKETING

Page 6: Social Media Impact on Business and Marketing

Marketing is aboutProfitable Relationships

Page 7: Social Media Impact on Business and Marketing

Email Marketing

Search Engine

Optimisation

Pay Per Click Advertising

Banner Advertising

Social Media Marketing

Affiliate Marketing

Analytics & Conversion Optimisation

E-commerce

Page 8: Social Media Impact on Business and Marketing

Social Media Marketing

AffordableEffective

Wide reach

Page 9: Social Media Impact on Business and Marketing

http://www.flickr.com/photos/kenleewrites/3253364030/

See you tomorrow

Boss!

Page 10: Social Media Impact on Business and Marketing

Social media helps

build & maintain

profitable

relationships easier,

better & faster

Page 11: Social Media Impact on Business and Marketing

?WHAT IS

SOCIALMEDIA

Page 12: Social Media Impact on Business and Marketing

SocialMedia

Page 13: Social Media Impact on Business and Marketing

Web 2.0

Technology

Websites

Connecting

Conversations

Relationships

Page 14: Social Media Impact on Business and Marketing

A cocktail party on a global scale

http://www.flickr.com/photos/jaimelondonboy/3332258048/

Page 15: Social Media Impact on Business and Marketing

346,000,000+number of people globally who read blogs

Source: comScore, March 09

Page 16: Social Media Impact on Business and Marketing

300,000,000+active users on Facebook

Source: Facebook, Sept 09

Page 17: Social Media Impact on Business and Marketing

1,382%increase in unique visitors to Twitter.com

Feb 08 to Feb 09, Source: Nielsen

Page 18: Social Media Impact on Business and Marketing

20 hrs of videouploaded each minute to YouTube

Source: YouTube, May 09

Page 19: Social Media Impact on Business and Marketing

13,000,000number of articles on Wikipedia

Source: Wikipedia, July 09

Page 20: Social Media Impact on Business and Marketing

Source: Nielsen Online, Global Index, December 2007 – December 2008. ‘Global’ refers to AU, BR, CH, DE, ES, FR, IT, UK & USA only

Social Media is mainstream

Page 21: Social Media Impact on Business and Marketing

2 OUT OF 3 INTERNET USERS VISITSOCIAL NETWORKS

http://www.flickr.com/photos/asleeponasunbeam/416665541/

Page 22: Social Media Impact on Business and Marketing

Your customers are

getting social

Your business needs

to get social too

Page 23: Social Media Impact on Business and Marketing

SOCIALMEDIAIS TRANSFORMING BUSINESS

Page 24: Social Media Impact on Business and Marketing

Branding

Awareness

Lead Generation

Loyalty

Website Traffic

Customer Service

http://www.flickr.com/photos/purprin/3655887487/

Page 25: Social Media Impact on Business and Marketing

CASE STUDY:BLENDTEC

Page 26: Social Media Impact on Business and Marketing

Results

•700% increase in retail sales

•65 million video views

•Website traffic from videos

•Featured in TV, print & blogs

Source: PubCon 2006 Keynote by George Wrighthttp://www.seroundtable.com/archives/018700.html

Page 27: Social Media Impact on Business and Marketing

CASE STUDY:BIG APPLE DONUTS

Page 28: Social Media Impact on Business and Marketing
Page 29: Social Media Impact on Business and Marketing
Page 30: Social Media Impact on Business and Marketing
Page 31: Social Media Impact on Business and Marketing
Page 32: Social Media Impact on Business and Marketing
Page 33: Social Media Impact on Business and Marketing

Results

•21,000+ fans on Facebook

•36 stores in Malaysia; 9 more in Thailand, Indonesia & China

•Awards:

• SME100 Awards 2009

• BrandLaureate (F&B) 2008

• SME Rising Star 2008

• Asia Pacific Entrepreneur Excellence Award

Page 34: Social Media Impact on Business and Marketing

CASE STUDY:SPICY CORNER

Page 35: Social Media Impact on Business and Marketing
Page 36: Social Media Impact on Business and Marketing
Page 37: Social Media Impact on Business and Marketing
Page 38: Social Media Impact on Business and Marketing

Results

•Increased awareness

•Loyal customers

•Word of mouth

•Featured in media

Page 39: Social Media Impact on Business and Marketing

IT’S RISKYTO IGNORE SOCIAL MEDIA

Page 40: Social Media Impact on Business and Marketing

H&I Niaga

H&I Niaga found itself in the middle of a controversy after beating larger competitors for a Bank Negara tender, prompting accusations of corruption.

The incident happened in 2005 but a search for the company today still shows blog posts and news about the bad press.

Page 41: Social Media Impact on Business and Marketing

Kryptonite LocksOnce the damage has been done, a search for your brand name can turn up embarrassing results.

Page 42: Social Media Impact on Business and Marketing

Consumers are

already talking

about your

business / industry.

They are not going

to wait for you.

Page 43: Social Media Impact on Business and Marketing

?WHERE DO I START

Page 44: Social Media Impact on Business and Marketing

ONE STEP AT A TIME

JUST DO IT

USE COMMON SENSE

http://www.flickr.com/photos/dhaneshr/2786992830/

Page 45: Social Media Impact on Business and Marketing

•Get a sense of the playing field. What are people saying about you? About your competitors?

•15 minutes a day:

•Use Google Reader to get organisedhttp://www.conversationmarketing.com/2009/08/free-e-book-social-media-monitoring.htm

Step 1: Listen

http://www.google.com/alerts http://search.twitter.com http://technorati.com

Page 46: Social Media Impact on Business and Marketing

Step 2: Define Goals

Goal Metrics

Branding Brand mentions, Fans & Followers, Returning Customers %, Referrals, etc

Awareness Incoming links, website visitors, website page views, Fans & Followers, Share of Voice, etc

Lead Generation Number of Leads, Number of Enquiries, Email Subscribers, Comments, Fans & Followers, etc

Loyalty Returning Visitors %, Testimonials, Referrals, Customer Service Issues, etc

Page 47: Social Media Impact on Business and Marketing

Step 3: Participate

1. Start a blog

2. Make friends on Twitter

3. Start a Facebook Page

Page 48: Social Media Impact on Business and Marketing

Step 4: Keep LearningBlogs Books

Chris Brogan

Conversation Marketing

The BrandBuilder

Marketing Profs Daily Fix

Altitude Branding

GreyReview*

Buzzmedia Marketing*

* Malaysians

Trust Agents by Chris

Brogan & Julien Smith

World Wide Rave by

David Meerman Scott

Groundswell by Josh

Bernoff and Charlene Li

Page 49: Social Media Impact on Business and Marketing

Social Media is

just a tool.

It does not replace

business basics.

Page 50: Social Media Impact on Business and Marketing

PLEASE, PLEASE REMEMBER

Page 51: Social Media Impact on Business and Marketing

If you don’t like change, you’re going to like

irrelevance even lessUS Army Chief of Staff (ret.) General Eric Shinseki

Page 52: Social Media Impact on Business and Marketing

Small businesses have a big opportunity with social media

Page 53: Social Media Impact on Business and Marketing

Get out there and get social

Page 54: Social Media Impact on Business and Marketing

THANK YOU!

David Wang

Buzzmedia Online Marketinghttp://buzzmedia.com.my

Follow me on Twitter – @blogjunkie