new business mn twitter presentation

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Twitter: How 140 Characters Changed Business

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My presentation for New Business MN, where I made and defended the claim that 140 characters has changed business.

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Page 1: New Business MN Twitter Presentation

Twitter:How 140 Characters Changed

Business

Page 2: New Business MN Twitter Presentation

Who is this kid?

• Mitchell Hislop• 20• I have been doing

social media for…• Cool (intl)• <codename> LINGO• www.mitchellhislop.co

m

Page 3: New Business MN Twitter Presentation

Twitter?

• Twttr– 21 March, 2006– SMS dispatch service– E.g. I am at this awesome club in SF– First message: “just setting up my twttr”

• (http://twitter.com/jack/status/20)

Page 4: New Business MN Twitter Presentation
Page 5: New Business MN Twitter Presentation

HOW DID THIS “SMS DISPATCH” CHANGE BUSINESS?

Page 6: New Business MN Twitter Presentation

SXSWi

2007

Usage tripled

THE way to find your way around the festival

Page 7: New Business MN Twitter Presentation

Twitter hits the mainstream

• Everyone could use it• Everyone knew about

it• The demographic of

users caused the change

Page 8: New Business MN Twitter Presentation

@,#,D?

• Users drove innovation• @ replies• Hashtags• Direct Messages

Page 9: New Business MN Twitter Presentation

Where is Twitter now?

• ~60 Million accounts• Public IM• Crowdsourcing• Business Tool• NOT a direct marketing channel

Page 10: New Business MN Twitter Presentation

HOW CAN BUSINESSES BENEFIT FROM TWITTER?

Takeaway #1

Page 11: New Business MN Twitter Presentation

Twitter and business:Two main camps

• Marketing/PR– Increase awareness– Run promos– Gauge interest– Tap the “pulse”

• See: @BajaSol

• Customer Service– Stop rants– Get public opinion– Help customers

resolve issues

• See: @ComcastCares

Page 12: New Business MN Twitter Presentation

Twitter for Business 101

• Be Organic• Be Organic• Be Organic• You need a human manning it, not bots &

feeds• Integrate it into your overall strategy• Essential in times of needing fast

communication

Page 13: New Business MN Twitter Presentation

101 cont.

• Join the conversation around your brand– Note: You are NOT

controlling it

• Monitor your online reputation

Page 14: New Business MN Twitter Presentation

TIPS FROM SOMEONE IN THE KNOW

On the ground, in the trenches,

Page 15: New Business MN Twitter Presentation
Page 16: New Business MN Twitter Presentation

Twitter Clients

• Seesmic Desktop• Tweetdeck• CoTweet• Tweetie• UberTwitter• Twitterberry• CETwit

Page 17: New Business MN Twitter Presentation

Twitter Policy

Pros

• CYA• Keep everyone on the

same page• Keep the corporate

message

Cons

• Cuts down on organic conversation

• Can cause issues if you make it too strict

Page 18: New Business MN Twitter Presentation

WHAT TWITTER REALLY MEANS FOR BUSINESS.

Now forget everything

Page 19: New Business MN Twitter Presentation

What Twitter has done

• Changed the structure of communications between brands and the masses

• Made users want more things real-time• Gave users an output for their thoughts on

a brand

Page 20: New Business MN Twitter Presentation

Changed the structure

• Everyone is equal• 1:1

Page 21: New Business MN Twitter Presentation

Café-shaped conversations

Page 22: New Business MN Twitter Presentation

Real-time

• Wildfires• Wildfires

Page 23: New Business MN Twitter Presentation

USERS CAN TALK ABOUT YOU, IN ANY WAY, AT ANY TIME, TO LOTS OF PEOPLE

The biggest change…

Page 24: New Business MN Twitter Presentation

Why Twitter?

• First• Best• SXSW• Winner of the microblogging format war

Page 25: New Business MN Twitter Presentation

TWITTER DOESN’T MATTERIt’s changes matter, but

Page 26: New Business MN Twitter Presentation

It could be any service

• It just so happens to be Twitter right now• Twitter could change tomorrow• Users will stay the same• Users will want the same

Page 27: New Business MN Twitter Presentation

What Twitter means for business

• A paradigm shift• A new channel for interacting• A new part of your marketing mix

Page 28: New Business MN Twitter Presentation

Contact us for resources

Any Questions? Q&A at the end.

Want to tweet about me?

@mitchellhislop

@coolintl

@codenamelingo