social enterprise - facebook for marketing: bigger opportunities ahead
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Facebook for Marketing: Bigger Opportunities Ahead How Businesses Can Benefit From a More Connected World
/salesforce @laurenv in/laurenvaccarello
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Safe Harbor Safe harbor statement under the Private Securities Litigation Reform Act of 1995: This presentation may contain forward-looking statements that involve risks, uncertainties, and assumptions. If any such uncertainties materialize or if any of the assumptions proves incorrect, the results of salesforce.com, inc. could differ materially from the results expressed or implied by the forward-looking statements we make. All statements other than statements of historical fact could be deemed forward-looking, including any projections of subscriber growth, earnings, revenues, or other financial items and any statements regarding strategies or plans of management for future operations, statements of belief, any statements concerning new, planned, or upgraded services or technology developments and customer contracts or use of our services. The risks and uncertainties referred to above include – but are not limited to – risks associated with developing and delivering new functionality for our service, our new business model, our past operating losses, possible fluctuations in our operating results and rate of growth, interruptions or delays in our Web hosting, breach of our security measures, risks associated with possible mergers and acquisitions, the immature market in which we operate, our relatively limited operating history, our ability to expand, retain, and motivate our employees and manage our growth, new releases of our service and successful customer deployment, our limited history reselling non-salesforce.com products, and utilization and selling to larger enterprise customers. Further information on potential factors that could affect the financial results of salesforce.com, inc. is included in our annual report on Form 10-K for the most recent fiscal year ended January 31, 2012. This document and others are available on the SEC Filings section of the Investor Information section of our Web site. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase our services should make the purchase decisions based upon features that are currently available. Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements.
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Getting To Know Each Other
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Agenda
Why Facebook Matters
Growing Your Community
Engaging with Your Community
How Salesforce Uses Facebook
123
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Facebook is BIG
million users
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Getting Even Bigger
of UK adult internet users
are active on Facebook
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Facebook Users Are Well Networked
average number of friends on Facebook
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Social is Changing How We Spend Our Time
billion minutes spent on Facebook per month
Last year that number was 150 billion minutes
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Social is Also Bringing Us Closer Together
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Social Keeps Us Connected
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What Does This Mean For Businesses?
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New Ways to Connect to Customers
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Businesses Can Connect To Customers
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And To Their Customers’ Friends
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850M people
Benefit From All of These Connections
Friends of Fans:
31,914,320 Fans: 86,960
Salesforce’s Facebook Audience
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Start Building Your Community
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Create Your Brand Page
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Create Your Brand Page
• Reflect your brand’s personality/identity
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What is Great Content?
§ Useful and shareable
§ May contain photos or videos
§ Engaging
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Great Content Gets in the News Feed
§ 90% of comments and likes come from the newsfeed
§ Most fans don’t revisit your brand page
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EdgeRank: How Facebook Ranks Updates
Image c/o http://www.stuffedweb.com/what-is-facebook-edgerank/
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Value of a Facebook Fan
§ Value varies by company
§ Think of your fan base as you would an email list – Group of people opting in to
your message
Source: http://www.mediabistro.com/alltwitter/value-social-following_b19416
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Paid Promotion to Grow Fans
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What Can You Target on Facebook?
• Location • Demographic
• Interests
• Connections • Education & Work
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Marketplace Ads to Grow Fan Base
• Auction-based pricing
• Great for fan acquisition
• Use to drive actions
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Other Types of FB Ads: Premium
§ Premium placement
§ CPM based
§ Option for video
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Logout Page Ad
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Example: Grow Fans of Sales Cloud
§ Who is your ideal fan?
§ Interests
§ Location
§ Occupation
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Grow Fans of Sales Cloud: UK SMB Owners
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Grow UK SMB Followers for Sales Cloud
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More than doubled our fans and followers in 2011
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1.4 million people joined the movement
28% increase in small business sales Y-O-Y
40% increase in awareness of SBS among general population
Full case study: http://ads.ak.facebook.com/ads/FacebookAds/American_Express_CaseStudy.pdf
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Engage and Amplify
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“The journey to customer loyalty is no longer linear, but a continuous process of exploration and interaction”
Source: Building Brands For The Connected World, Facebook, Feb 2012
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Listen to Your Customers
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Start Conversations and Keep Them Going
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Reply to Questions and Build Relationships
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Getting the Most From A Connected World
Your Page
Publish to fans
Social plugins Engage: Provide VALUE to your fans so they’ll want to engage with our brand
Build: Make it EASY to make authentic connections
Amplify: Leverage social ads to amplify REACH via friends of connections
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Salesforce Marketing To Connected World
Sponsored stories*: Fans and their friends Page post from Page
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Paid Promotion Grew Reach 3X
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Looking For More Than Engagement?
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Have You Heard of Cloudforce?
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Case Study: Cloudforce San Francisco
§ Goal: 15,000 registrations
§ How can Facebook be a part of this?
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How We Approached Facebook Marketing
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Sponsored Stories Targeting Fans
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Amplify to Reach Friends of Fans
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Created Unique Messaging For Non-Fan Target
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Importance of Building Community First
886% higher conversion rate
89% lower cost per registration
14% higher conversion rate
14% lower cost per registration
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Cloudforce San Francisco Facebook Results
§ 78% paid media registrations came from social advertising – ½ from Facebook
§ Scalable event strategy
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What About Apps?
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Should You Market with Facebook Apps?
§ Do you have an audience on your website?
§ Do your customers already engage with your business on an ongoing basis?
§ Do you have both the budget and technical resources to build and promote an App
§ Then consider building Apps to engage people in new and long-lasting ways.
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Olivier and Pascal Had an Idea
§ Track the French Presidential election
§ Relevant
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The Idea Grew
§ Track the French Presidential election in real time
§ Relevant
§ Powered by our technologies
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The Idea Became a Powerful App
HEROKU
Radian6 API
Google Charts API
Radian6 Topic Profile
1 week to build
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Real Time App Tracked The French Election
§ Provide real time social tracking of the French presidential election
§ Also grew fans and awareness
§ Built on Heroku and powered by R6 data
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Results
§ Traditional press coverage
§ 15% increase in fans
§ Thousands of visits
§ Templatized app for future election and event coverage
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Facebook Marketing Wrap Up
1. Customers, prospects and employees are on Facebook and you should be too
2. Build and monitor a community
3. Engage with your fans
4. Use ads to amplify your (marketing) message
5. Build apps for long lasting engagement
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Lauren Vaccarello @laurenv
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