the state of social media for business

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What is the current landscape of social media and who is using it? These are some of the questions Sara Meaney addresses in her presentation “The State of Social Media for Business.“ Especially useful to entrepreneurs, small and medium sized businesses, Sara shares how social media impacts various age groups, often in unexpected ways, and explores ways you can use social media to meet tangible, measurable business goals. This presentation provides an overview of the tools, platforms and new technologies that offer opportunities for businesses to add value and enable them to connect with their customers and their communities. It highlights trends in social media and the impact of blog content on SEO, plus 11 immediate takeaways you can implement today.

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HANSON DODGE CREATIVE

HANSONDODGECREATIVE

THE STATE OF SOCIAL MEDIA

For Small Businesses and Entrepreneurs

Sara MeaneyPartner, VP Social Media and Public Relations

4

OVERVIEW

THE SOCIAL LANDSCAPE

TRENDS

CASE STUDIES

TIPS AND BEST PRACTICES

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5

WHO USES SOCIAL MEDIA?

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6

WHO USES SOCIAL MEDIA?

• 79% of adult Americans use the Internet

• 47% of of all adults have at least one social media account (doubled since 2008)• 92% use Facebook• 18% use LinkedIn• 13% use Twitter

Pew Internet & American Life Project

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BUSINESSES USING SOCIAL

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8

BLOGS DRIVE WEBSITE TRAFFIC

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9

FACEBOOK FOR SMALL BUSINESS

• 48% indicate that having a Facebook page has increased their business' sales.

• 73% said that their use of Facebook would increase over next 6 months

• Why not on Facebook• 32.7% cited a lack of time

• 18% cited a lack of understanding as to how Facebook would benefit their business

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10

WHO USES SOCIAL MEDIA?

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11

LANDSCAPE

• Internet usage, demographics, mobile

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TEXT MESSAGING

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~5 billion Texts sent per day in the U.S.

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WHICH TRANSLATES TO…

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120 billion emails sent per day in the U.S.

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WHY DO PEOPLE USE SOCIAL MEDIA?

Survey of Facebook users:

• Connection

• Self-expression

• Entertainment

• Discovery

• Control

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15

WHY DO BUSINESSES USE SOCIAL MEDIA?

• External recruitment

• Brand awareness

• Corporate communications

• Marketing

• Research & innovation

• Customer service

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IN A NUTSHELL…

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IT’S A GAME OF INFLUENCE

• Google indexes pages constantly

• Frequency of indexing correlates to overall importance

• Importance determines page rank

• Page rank is based on many things, including:• Frequency of content updates• Relevance of content to searcher• Importance of content to searcher• Number of outside links to page

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IT’S A GAME OF INFLUENCE

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TRENDS

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MOBILE GROWTH

LOCATION-BASED MARKETING

GAMIFICATION

SOCIAL INBOX

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MOBILE GROWTH OUTPACING ALL PCS

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…EVEN MORE QUICKLY THAN PREDICTED

SMARTPHONES

ALL PCs

0 20 40 60 80 100 120

4Q'094Q'10

Source: International Data Corp. Feb. 2011

87.2%

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MOBILE EMAIL

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Source: Pew Research Center Apr. 2011

23© Hanson Dodge Creative, All rights reserved.

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LOCATION-BASED MARKETING

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25

GAMIFICATION

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• Earn rewards

• Incentives for action

• Loyalty beyond the inbox

26© Hanson Dodge Creative, All rights reserved.

27© Hanson Dodge Creative, All rights reserved.

28© Hanson Dodge Creative, All rights reserved.

SHIFT IN INTERNET TIME

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THE SOCIAL INBOX

A recent study evaluated 500 million emails…

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30% higher CTR with Facebook and Twitter sharing buttons

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THE SOCIAL INBOX

But wait, there’s more…

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55% higher CTR with at least 3 different sharing options

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THE SOCIAL INBOX

The punchline…

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only 11.2%Of those 500 million emails actually offer 3 or more sharing options.

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THE SOCIAL IN-BOX

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33

GET STARTED – KICK IT UP

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11 THINGS TO DO IMMEDIATELY

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1. Start blogging

2. Bite off only what you can chew

3. Research your customers/audience online

4. Focus on supporting real business goals

5. Close the loop across customer touchpoints

6. Plan ahead

7. Schedule time for social media – and follow through

8. Listen

9. Respond

10. Add value, not noise

11. Take off your marketing hat and be human

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1. START BLOGGING

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736 795

n = 1,531 Hubspot customersSmall to Midsize companies

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2. BITE OFF ONLY WHAT YOU CAN CHEW

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3. RESEARCH YOUR CUSTOMERS/AUDIENCE ONLINE

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• Use key words, industry forums to focus your efforts

• Where is the target audience hanging out online?

• What are they doing there?

• What are they looking for?

• How are they interacting?

• What are they saying? +/-

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4. FOCUS ON SUPPORTING REAL BUSINESS GOALS

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5. CLOSE THE LOOP ACROSS CUSTOMER TOUCHPOINTS

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6. PLAN AHEAD

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7. SCHEDULE TIME AND FOLLOW THROUGH

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8. LISTEN

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9. RESPOND

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10. ADD VALUE, NOT NOISE

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11. BE HUMAN

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QUESTIONS?

THANK YOUsmeaney@hansondodge.com

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