"the most powerful brand on earth," presented by susan emerick
TRANSCRIPT
SOCIALMEDIA.ORG/SUMMIT2014ORLANDOOCTOBER 27–29, 2014
“The Most Powerful Brand on Earth: How to Transform Teams, Empower Employees, Integrate Partners and Mobilize Customers to Beat the Competition in Digital and Social Media”
SUSAN EMERICKBRANDS RISING
@sfemerick
Empowering Employees to Build Trust and Advocacy in Social Media By the co-‐author of The Most Powerful Brand on Earth
Susan Emerick @sfemerick
@sfemerick
What is Employee Advocacy?
Brands empowering employees to support the goals of the brand, using content and employee-‐owned social
@sfemerick
Employees rank highest as the most trusted and influenDal source in 4 out of 5 categories
@sfemerick
84% trust people they know
92%
70%
58%
50%
46 - 47%
40 - 42%
Survey Ques@on To what extent do you trust the following forms of adverDsing?
92%
70%
58%
50%
47%
40%
33%
30%
@sfemerick
Sales correlate with the total number of people who advocate for a brand -‐-‐ across industries
• On average, 53% of changes in online and offline sales can be aFributed to changes in the number of people advoca@ng for a brand online
• Not the number of online messages or posts about a brand
Monthly Change in Online Promoters v. Monthly Change in Sales
Monthly Change in Total Online Promoters
Mon
thly Change in Sales
Sources:
@sfemerick
Traffic from employee-‐owned social media converts at a significantly higher rate
Source: Susan Emerick, “IBM Select Social Eminence Program, 3Q 2012 Measurement Framework Pilot”. September 2012.
Conversion Rate by Traffic Source IBM - 2012
Con
vers
ion
Rat
e
@sfemerick
Common Reasons Brands Hesitate to Empower Employees
① Fear of damage to brand reputa@on
② Regulatory concerns
③ Hesitance to dis-‐intermediate the marke@ng team from customers
④ Don’t want employees crea@ng brand assets that the brand does not own
⑤ Unsure how to begin
@sfemerick
Tips for launching a Successful Employee Advocacy Program
① Set Goals Aligned to Company Objec@ves
② Find a Champion & Build a Pilot
③ Focus on Rela@onships
④ Enable Individuals
⑤ Measure and Demonstrate Value
@sfemerick
Set Goals Aligned to Company ObjecDves
What are your business goals and priori@es?
Ø Entering a new market
Ø Growing market share in an exis@ng market
Ø Customer Acquisi@on
Ø Compe@@ve win back
Ø Reten@on and Loyalty
Ø Financial
Ø Cost savings
@sfemerick
Build a pilot with early adopters
ü Exper@se aligned to business
priori@es, they can be Technical or Business topical experts
ü Comfortable collabora@ng, commen@ng, publishing in social environments
ü Comfortable with and finds value in crea@ng rela@onships digitally
ü CommiFed to sustaining ac@vity
and evolving par@cipa@on to achieve personal and business objec@ves
ü Willing to leverage internal listening capabili@es to iden@fy exis@ng social graph and enhance online professional network
Common characteristics of best suited candidates:
@sfemerick
Your markeDng and communicaDons teams can not produce enough content
Of B2B content marketers find it difficult to produce enough content. Struggle with producing the kind of content that engages.
Source: Bob Pulizzi and Ann Handley.“B2B Content Marketing: 2013 Benchmarks, Budgets, and Trends — North America. Marketing Profs and Content Marketing Institute, 2013. http://bit.ly/B2BBench.
@sfemerick
Your professional communicators can not develop relaDonships with all of your customers
Your Marketing
Team
Your Experts
Your Employees
Your Customers
@sfemerick
Focus on RelaDonships
People-‐Centric RelaDonships
• Social strategies focus on people and rela@onships
• Create opportuni@es for audiences to establish rela@onships with “people like me”
• Employees and partners extend their reputa@on online for the benefit of the brand
Typical Approach to Social Media
• Venues and technologies
• Brand presence
• Difficult to show empathy and passion
@sfemerick
You must focus on more than select Influencers
Reality of Online Influence
1. Past influence ≠ Future influence
2. 50% of product adop@on is explained by homophily
3. Influencers may be tough to find (e.g., Velvet rope communi@es)
ImplicaDons
1. Spread efforts across a pormolio of influencers
2. Help employees establish their own influence, at mul@ple levels
@sfemerick
Influencing conversaDons online requires a porYolio approach that leverages employees
INFLUENCE People trust experts and employees Experts and real employees earn more trust than corporate voices and execu@ves
HOMOPHILY Shared interests We all form rela@onships with people we perceive to be like ourselves
EMPLOYEE DIVERSITY This is how you scale… But it conflicts with tradi@onal marketer mentality of control
@sfemerick
Enable Individuals
Desire to Engage
Self Understanding
AFendance and Listening
Professional Par@cipa@on
Professional Presence
Community Facilita@on
Community Leadership
Source: The Most Powerful Brand on Earth, 2013
@sfemerick
Value RealizaDon begins with se`ng Measurable Targets
A few examples: • Increased Revenue
• Decreased Cost
• Efficiency and Productivity Gains
Image source: freeimages.com/wmagni
@sfemerick
Blogging tips Content ideas
Sharable assets Keywords
Measure and feedback
Listen, analyze social presence
Enable with best practices
Analyze, enable, measure and feedback
@sfemerick
Connect with me
The Most Powerful Brand On Earth: How to Transform Teams, Empower Employees, Integrate Partners, and Mobilize Customers to Beat the Competition in Digital and Social Media
Susan Emerick is the founder & CEO of Brands Rising, LLC, a consultancy specializing in employee advocacy and influencer engagement. She previously led global enterprise social business and digital marke@ng programs for IBM. She serves on the advisory board of Social Media Today and is the co-‐author of The Most Powerful Brand on Earth. susanemerick.com @sfemerick linkedin.com/in/sfemerick/ bit.ly/susan-‐emerick
Let’s conDnue the conversaDon about the value of employee advocacy …