social media web marketing nov 2009 wk4
TRANSCRIPT
Week 4
Social Media Web Marketing
• Making Media
• Customer Feedback - Polls and opinions
• Social media analytics and measurement
• Repercussions, Ethics and Online Etiquette
• Successful campaigns and pitfalls to avoid
• Codes of best practice
• Making social media work– Identifying key players and stakeholders– Training, Orientation, access and roles– HR and social media
On the menu today!
The 7 Roads of Social Media1. Generate new leads?
2. Provide customer service?
3. Improve customer retention?
4. Increase your knowledge?
5. Align with your competitors?
6. Establish your authority as an expert?7. Do business more productively?
… and Web 2.0?Harnessing Collective Knowledge
Rich User Experience
More Channels of Communication
Enterprise 2.0 – In the workplace
Not so New Media.• Networking Skills
• Promotional Marketing
• Management and Leadership
• Team work and Collaboration
Time• Email updates
• Text updates
• Voice to Text
• Task Management
• Synchronised Aggregation
• User Generated Content
• RSS
Integration - Push and Pull
• Tagging
• Embedding
• Sharing
• Connecting
• Badges
• Widgets
• RSS
Stay Connected
3G smart phone
JOIKUSPOT premium
Notebook PC or Mac
Mobile Broadband
Making Media• Photos
Making Media• Audio podcasts
Making Media• Video
Strong Foundations• Discussions need listening to.
• Networks need nurturing.
• Sharing needs encouraging.
• News need broadcasting.
Customer Service• Contact
• Comments
• Opinions
• Support
• Incentives
• Rewards
Digital WOM• Share This
• Add This
Guidelines and Standards• Aug 2008
– Mitch Joel began his blogged enquiry which began the Best Practices In Social Media Marketing Writing Project
• Dec 2008– MarketingSherpa surveyed social media marketers about
the effectiveness of their practices.
• April 2009– Social Media Marketing and PR: Benchmarks and Best
Practices is published - Exec Summary ($198 to download)
• July 2009– E-marketer write a summary Social Media Best Practices
using stats and graphs from the April 2009 publication.
Best PracticeFirst rule of law school…
… don’t blog about law school.
• Mar 2009– A group of law students in Iowa
began laying ground rules and establishing codes of practice to apply to their social media activity.
socialmedialawstudent.com
Codes of Conduct“I am not talking about creating lawyers who walk around with a mini-computer in one hand and an iPhone in the other.
Lawyers need to utilize new technologies to become more effective storytellers in the courtroom, better communicators with clients and other attorneys, and better promote the legal profession.
To be an effective lawyer today, it would almost be malpractice to not take advantage some of the new technologies available. Our clients demand and deserve better.”
Rex Gradeless
Old adages…Be more like the tortoise instead of the hare. Slow and steady wins the race.
Advertising is the hare…
Social Media is the tortoise.
The Best Practices in Social Media Marketing Writing Project – 27 Aug 2008
Mutual RespectCompany-Customer Pact Wiki
What Is the ROI of Social Media?• Customers and Clients choosing to engage with
you content is priceless• ROI (return-on-investment) becomes ROE (return-
on-engagement)
• Social Media is free – but your time, technology, and resources are not
• If we can track clicks and comments, we can put a price tag on them, however speculative
• This means that the ROI/ROE of Social Media can be calculated
Measuring the ROI of Social Media• Attention = traffic
• Participation = comments, ratings, etc.
• Authority = Technorati rating, Search rank, inbound links, trackbacks
• Influence =subscribers, fans, followers
• Sentiment = largely immeasurable
What is being measured?• Campaign
• Goals
• Promotion
• Cost to create (including time spent)
• Reaction
Slideshow and accompanyingblog post demonstrating ROI
Adding Perspective• Visitor time spent on the site at the target media
• Flickr and Twitter views
• View from embeds
• URL shortener clicks
• Every interaction is priced (minimum consumption time + minimum decision-making time)
Figures taken from an original presentation created by Julie Delvaux
ROI Price List• Unique visit to the blog post - £1 ( timed by av. time on post)
• Each returning blog visit - £1.50
• A view on SlideShare (excl. embeds) - £1
• A view from embeds - £2
• A view of the screen grab on Flickr - £0.50
• A view of the link on Twitter/bit.ly - £0.50
• A comment - £1.50
• A SlideShare download - £1.50
• A fave on SlideShare - £1.50
• An embed from SlideShare - £1.50
• A Flickr click-through - £1.50
• A Twitter click-through - £1.50
ROI – Worth vs. Return• Can you relate social media engagement to
purchases?
• What metric are currently in place to measure existing business ROI?
• What is your goal with each social media campaign?
• How are you going to measure the goal?
• Does authority and reputation have a monetary equation?
Making Social Media Work• Focus using the 7 Roads
• Schedule time
• Assign worth
• Establish a baseline
• Pick your platforms
• Develop guidelines and a code of practice
• Set ROI goals
• Value ROE
Next time• 1 web article connected to your industry you would
like to encourage your boss to read.
• 1 web article you would recommend as informative to your customers.
• Review the learning outcomes
After lunch course evaluation in the form of a podcast / video discussion