social media strategy for retention and sales

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Recorded webinar on October 9, 2013. Social media has become critical for associations to keep current members engaged and to reach new potential members. While many associations are using social media as a communications outlet, very few have connected their online efforts to truly impact revenue for the organization. Curt Moss, Senior Product Marketing Manager at WebLink International, will share how your organization can create social media strategies to help exceed your membership goals. In this webinar you'll learn how to: - Set goals for how using social media will benefit your organization. - Create a plan for when and where to post. - Take action on posts by your members. - Measure your results. - Evaluate your success and analyze the data. Note: This webinar will contain all new content and have very little overlap with our LinkedIn webinar.

TRANSCRIPT

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Webinar agenda

• Creating a strategy

• Specific steps

• Ideas for posting

• Examples

• Monitoring

• ROI

• Summary

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

About Me

• Curt Moss, Senior Product Marketing Manager @ WebLink

• 12 years at member-based orgs – Las Vegas Chamber of

Commerce – Chapter of National Safety

Council • 7 years @ WebLink

– Faculty for W.A.C.E. – Present at association and

chamber conferences

linkedin.com/in/curtmoss

linkedin.com/company/weblink-international

#WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

About WebLink

• SaaS Company (Software as a Service), Leading Software Provider to Chambers of Commerce and Business Associations

• Established in 1996, 60 Employees, based in Indianapolis, IN

• 94% Customer Retention Rate

• Based in Indianapolis, Indiana

• 94% Customer Retention Rate

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

About WebLink

• Membership Management Software

• Website Design & Development

• Non-Dues Revenue Programs

• Partner in Your Success

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

WebLink Websites

• Responsive website design

• Automatically adjusts for any screen

• Fully integrated database & website

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

About WebLink

• iPad app for mobile commerce

• Integrated credit card reader

• New member sales

• Event registrations

• Pay open invoices

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

WebLink Blog

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Our next webinar: October 31, 2:00 pm EDT

5 Mistakes That Haunt Associations When Using Their

Membership Database

weblinkinternational.com/haunt

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Do you have a social media strategy and content calendar?

We don’t use social media

9% We have a

strategy but don’t always

follow through 17%

We utilize social media but don’t have a strategy

59%

We have a strategy and a

content calendar

15%

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Do you store your members’ social media pages and profiles in your membership management software?

Unsure 26%

We don’t have that feature in

our system 49%

We have social media profile

data stored for a FEW members.

16%

We have social media profile

data stored for MOST

members. 9%

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Which social media network have you found to be most effective in connecting with members?

Facebook 49%

LinkedIn 12%

Twitter 9%

I'm not sure/other

30%

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Have you acquired a new member via your use of social media?

I’m not sure how we could

tell 50%

No 25%

Yes 25%

Strategy

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

What makes up a strategy?

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Goal

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Plan

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Action

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Measurement

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Evaluation & Analysis

Social Media = Communications Tool

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

What is your strategy for...

• Newsletter

• Events

• Email

• Website

• Blog

• Mailers

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Relevant & Useful Information...

• Business issues

• Government advocacy efforts

• Organizational programs

• Benefits

• Events

• Educational or community topics

Use Social Media for the same things!

(and more)

Social Media is about...

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Goal

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

What are your

social media

goals?

Can you answer in 15 words or fewer?

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Goals

• Gain new members • Improve retention • Increase event

attendance • Exposure for members • Connect businesses • Extend reach • Expand influence • What else?

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Plan

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Let’s give them something to TALK about

How often does your email marketing message get

forwarded to a subscriber’s entire address book?

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Add share buttons from Facebook, Twitter, LinkedIn

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Who do they believe?

• Consumers trust recommendations from friends and colleagues over advertising

• The “social graph” is becoming more important to companies’ marketing efforts

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Action

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Listen, then talk

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Respond

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Tell, Don’t Sell

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Just Be You

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Give Stuff Away

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Admit Your Mistakes

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Be Grateful

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Provide Support

Get them to tell THEIR story (through YOU)

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

What can you post?

• “How I got the business” • Write blog posts for you • How issues affect them, both positive and

negative (with organizational spin) • Tag them • Mention them • Promote them • Encourage others to reply, respond, retweet

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

ASK them to post after/about...

• Joining • Events • Awards • Certifications • Ribbon cuttings • Major business issues • Community topics • Tie to your organization

whenever possible

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Ask for referrals

• “Do you know any businesses that should join our organization?”

• Track in your membership management software

• Reward them if the business joins

• Thank them via social media

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Catch them promoting you…

• Other businesses, especially members!

• Ask them to mention your organization, events and programs

• Reward them?

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Yes, your members WANT to know what you’re doing for them and the

business community you serve!

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

What you’re doing...

• Business issues • Government advocacy

efforts • Member programs • Discounts & affinity

programs • Events • Community & business

topics • Leading • (fun)

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Engaging your tweeps

• Reply to them

• Retweet them

• Ask questions

• Post useful information

• Include links!

• Include photos!

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Things to avoid

• Posting same things everyday

• Not following back (for local tweeps)

• Not replying (one way communications)

• Inappropriate posts

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Make your content “sharable”

• Social sharing widgets • Like button • Tweet this button • Add This • Share This • Wibiya or other social

tool bars

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Profiles

Add links in your signature

Staff page on website

Footer of email newsletters

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Examples

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Twitter tools for local organizations © WebLink International

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Twitter tools for local organizations © WebLink International

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Mix online & offline

• Send notes for items you see online

• Bring up online interactions when face to face

• Post about IRL interactions

• Share tweets and posts in print, on your website

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

“Use” your members

• Who has a big following on Facebook or Twitter?

• Find ways to engage them to talk about you

• Their fans work for businesses, too!

• Reach the next level

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Bonus Facebook Tips

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Friend-vertise

• You can target ads against just the friends of people who have "liked" your brand on Facebook

• When those people see your ad, they will see listed the names of their friends who like your brand, too.

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Bonus Tip – For your members

Add members’ social media links on their listing on your website. Connect them with potential customers.

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Use your AMS to store members’ profile data

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

90% of consumers would most likely recommend a

brand name to other people after interacting with the

brand on social media. Internet Advertising Bureau Study, July 2013

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Measurement

Marketing without

metrics isn’t

marketing.

It’s guessing.

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Word of Mouth

• Powerful • Free

• Can’t control • Potentially scary

• What are they saying?

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Can you measure it?

How likely is it that you would recommend our organization to a friend

or colleague?

Scale of 0-10

The Ultimate Question

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Why 0-10?

• 1-5 yields “3s”

• With 1-10 some people will reverse good/bad

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

How likely is it that you would recommend our organization to a friend or colleague?

10 9 8 7 6 5 4 3 2 1 0

Extremely likely

Not likely at all

Promoter Passive Detractor

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Net Promoter Score

Promoters Net

Promoter Score

Detractors - =

The results may be

humbling.

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

New member sales

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Member retention

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Evaluation & Analysis

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Tracking

• Custom fields in membership management system

• Lead source code • Excel or Google docs

spreadsheet • Twitter lists – members,

prospects • MUST link online action to

offline action somehow

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Monitoring EZ

• Twitter Search

• Google Alerts

• Facebook Page stats

• LinkedIn Page stats

• Social monitoring tools

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

search.twitter.com

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Google Alerts

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Mention

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

ManageFlitter

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Demographics Pro

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Twazzup

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Facebook Insights

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

LinkedIn Insight & Analytics

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

LinkedIn - View Your Followers

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Website Traffic

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

ROI Simplified

• What did you want? (GOAL)

• What did you get? (RETURN)

• How much did it cost? (INVESTMENT)

• What are your social media goals?

• Do they involve $$?

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Keeping Track – Old School

• Log time spent

• Budget time

• Track leads, sales, etc., in CRM software

• Divide sales (goals) by time and $$

“Tools can make this simpler, but ultimately, it’s down to you and your friend Mr. Grey Matter to distill data into insights, and insights into actionable recommendations.”

- Kat French, on Social Media Explorer

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

WebLink Recap: An Integrated Solution

• ONE web-based centralized database

• Prospects, members, non-members and all reps in same system

• Financials, events, email, committees, website, reporting

Central DB

Financial System

Website

Email Marketing

Members

Events

Prospects

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Association & Chamber Websites

• 500+ client websites • WebLink Local business

directory drives 67% increase in traffic from organic searches

• Adds value for members • Non-dues revenue • Responsive website

design

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

iPad App for Mobile Commerce

• Sell memberships • Event registrations • Integrated credit card

reader

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Our next webinar: October 31, 2:00 pm EDT

5 Mistakes That Haunt Associations When Using Their

Membership Database

weblinkinternational.com/haunt

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

3 Questions

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

Webinar Recap

• We will email copy of presentation to attendees

• Link to video recording of webinar

• Please let us know if you have any questions

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

The Purple Cow

Social Media Strategy to Increase Member Sales & Retention © WebLink International #WebLink

“Turn strangers into friends. Turn friends into customers. Turn customers into salespeople.” - Seth Godin

WebLink International 3905 W. Vincennes Road, Suite 210 Indianapolis, IN 46268 P 317-872-3909 | 1-877-231-4970 | F 317-872-3929 weblinkinternational.com | weblinkblog.com

Curt Moss

Senior Product Marketing Manager curt.moss@weblinkinternational.com

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