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Asasdasdf As seen in… BuzzNumbers Presentation iStrategy Social Media Workshop

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Discover how Social Media and Online Social Networking are transforming our business and personal lives. Presented by Nick Holmes a Court, Executive Director/Founder of Buzznumbers during iStrategy Sydney 2010.

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Page 1: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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BuzzNumbers Presentation

iStrategy Social Media Workshop

Page 2: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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About Us

About Us

Page 3: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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About Me

Nick Holmes à CourtTwitter: @nickhac

Executive Director & CTO, BuzzNumbers

Marketing, Technology, Finance

Page 4: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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About BuzzNumbers Software & Services

Social Media Intelligence

Social Media Monitoring

Social Media, News, Blogs, Forums

Video, Websites, Search Engines

Analytics & Reporting

Online Influence, Location Analysis,

Sentiment Analysis, Issue Analysis

Research, Engagement, Social CRM, Data

Page 5: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Australian Corporates who use BuzzNumbers

Page 6: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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A fat boy slim video you say?

Lets Get Excited!

Page 7: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Australian Social Media

Australian Social Media & Online Usage

Page 8: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Internet Usage In Australia

Page 9: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Australians are sharing experiences online

2.3 Million Australians have created a blog

1.6 Million Australians ongoingly update their blog since creating it

7.1 Million Australians read one or more blogs regularly

Source: January 2009 Nielsen Media National Readership Survey

Page 10: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Australians talk and listen online…

84% of Australian internet users using Web for sharing content such as photos, links and video

83% consume Consumer Generated Media content

39% of Australians create online content in the form of uploading video and music

Source: January 2009 Nielsen Media National Readership Survey

Page 11: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Market Growth

Page 12: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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75% Australians spent an average 7 hrs a month on Social Media

Page 13: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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The decline of Newspapers

*Audit Bureau of Circulation data / Australian Bureau of Statistics - 2010

Page 14: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Consumers trust online information

Page 15: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Corporate Social Media

Why Build a Social Media Platform?

Page 16: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Before Social Media & The Web

Page 17: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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How Social Media Changes Communications

Page 18: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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What is a Social Media Platform?

People, Processes and Products Strategy & Objectives Research, Monitoring & Measurement Tactics to Achieve Objectives ROI Analysis Constant Process Improvement

Page 19: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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The future of consumer insights

Lessons Learned from Social Media Platforms

Page 20: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Why Social Media Programs Fails

Too many tactics, not enough objectives Unrealistic expectations

No such thing as a free lunch Too much focus on Viral

Being all things to all people = mediocrity Lack of alignment with corporate objectives

Page 21: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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What works

Focus on existing corporate processes Market Research & Customer Insights Advertising CRM Sales Lead Generation Corporate Communciations Customer Service

Listen, Learn, Engage

Page 22: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Walking the Talk

Listening & LearningMedia Monitoring Market Research

Engaging the Community Lead Generation & CRM

Sharing the good newsCustomer reviews Online PRNews / Media Syndication

Page 23: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Successful Tactics

Case Studies

Page 24: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Major Insurance Company

Issues Analysis

Topic Categories by Entity

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

Client Comp A Comp B

Page 25: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Unilever

Market feedback Product development

“Co-creation” The rise of “Pro-Ams” Share rather than tell

Social NetworksOpen NetworksClosed Networks

Marketing analysis

Page 26: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Big 4 Accounting Firm

Graduate Recruitment Customer Insights Market Analysis Communications Management Program design

Page 27: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Get Up!

Campaign Purpose: Encourage young Australians to enroll and vote for 2010 federal Election as well as raising funds for the political activist groupVideos were channeled primarily through Youtube including the ‘Election 2010 Spoof Trailer’, The video, which superimposed the likenesses of Tony Abbott and Julia Gillard into several action movie scenes had the right elements of simplicity, humour and novelty to make it a hit on the web.

Page 28: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Get Up! - Results

“Election 2010 Spoof Trailer” surpassed 800,000 aggregative views$350,000 was raised from donations370 000 members were subsequently recruited Successfully launch a High Court constitutional challenge that put an extra 98,138 voters on the roll;Built Australia’s first online enrolment website to allow Australians to enrol online in just minutes rather than using fax or delivering enrolment forms by hand;Win a Federal Court challenge to ensure Australians will be able to enrol online in elections to comeProduce a hilarious ‘action-hero’ election video encouraging Australians to enrol that was seen by well over 1 million people online;Support over 7,000 GetUp volunteers distributing issue scorecards, and outnumbering the major parties on many polling booths in marginal electorates

Page 29: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Dell

Campaign Purpose: Uses twitter to hand out coupon codes (increase sales) Coupon codes used as a discount (between 5-10% discount)

ResultProvides a direct measure of ROI Over Twitter 11,000 followers in the USTwitter alone made over US1 million during the Christmas holidays 2008-2009 by alerting Twitter followers for sale items Revenues exceeded $3 million December 2009

Page 30: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Vitamin Water

Promotion Purpose: Product awareness and customer engagement Fans were able to vote on flavor, ingredients, packaging, and naming for an entirely new drink - The winning flavor was black cherry-lime.The person who created the winning name getting a $5,000 prize.All traffic from vitaminwater.com is now directed to Facebook, where visitors can easily become a fan and interact more deeply with the brand.

Result: Facebook fan base from 400,000 to 981,000 in just one monthNow surpasses at more than 1.3 million fans. Participation was tremendous, with nearly 10 percent (116,000) of its fans taking part and showcasing the enormous power of crowd-sourcing actual customer market research. To cap off the flavor's launch in March, Vitaminwater gave away 100,000 free bottles of Connect to the first 100,000 fans who signed up for the coupon.

Page 31: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Taronga Zoo

Consumer EngagementOnline images

FlickrBlogsSocial Media

Geographic TargetingMedia planning

Page 32: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Geographic Analytics

Demand AnalysisIssue AnalysisCampaign messaging Media planningPR Engagement

Page 33: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Geographic Analytics

Demand AnalysisIssue AnalysisCampaign messaging Media planningPR Engagement

Page 34: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Geographic Analytics

Demand AnalysisIssue AnalysisCampaign messaging Media planningPR Engagement

Page 35: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Geographic Analytics

Demand AnalysisIssue AnalysisCampaign messaging Media planningPR Engagement

Page 36: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Geographic Analytics

Demand AnalysisIssue AnalysisCampaign messaging Media planningPR Engagement

Page 37: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Ticketmaster Failure

Page 38: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Workshop

Workshop: Social Media Platform

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Hands On Workshop

Today’s WorkshopAudit – 3 MinsObjectives – 5 MinsMeasurement – 5 MinsTactics – 10 MinsBudget & ROI – 5mins

Interactive, Q&AShare with your Table, Share with EveryoneOutcome: A Social Media Framework for your company

Page 40: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Audit

Objective: To identify your company’s existing position within social media and online.

Outcome: A defined baseline position from which all future strategy, tactics and results can be built upon and measured against.

Page 41: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Define Corporate Objectives

Objective: To define what we want to achieve from any Social Media and Online Activities

Outcome: A clear & focused list of objectives from any social media and online activity. These outcomes should be aligned with existing business activities and objectives with a view to measure the ROI and effectiveness against other comparable initiatives.

Page 42: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Define Monitoring & Measurement

Objective: To define how we measure the level of activity on social media relating to Our Brands, Our Competitors, Industry Issues.

Outcome: A clear & focused list to define what we will measure, how we will measure, what benchmarks we are working against and the reporting process.

Page 43: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Tactics to Achieve Objectives

Objective: To explore and brainstorm some possible tactics using social media that meet our company’s objectives

Outcome: A defined list of tactics that can be implemented. An understanding of how to create, define social media tactics that meet real business objectives.

Page 44: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Some Ideas?

Facebook for Product Development? Video Content Creation? Blogger Outreach? Twitter Customer Support? Twitter Lead Generation? LinkedIN for Recruiting Talent? Forums for Competitor Research?

Page 45: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Budget & ROI

Objective: To indentify costs and resources associated with Social Media and Online activities, and to estimate the Return on Investment or expected value of online activities

Outcome: An ability to determine the high level feasibility, costs, and returns associated with Social Media and to understand which budgets in the organisation should be used.

Page 46: Building A Successful Social Media Platform | Nick Holmes a Court, Buzz Numbers | iStrategy Sydney 2010

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Stay in contact for more Information

Connect with usBe sure to signup to our Twitter/Blog

Twitter: @BuzzNumbers

Twitter: @nickhac

Blog: www.BuzzNumbers.com.au/Blog

Email: [email protected]

Phone: 1300 886 192