social media as a business channel

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Social Media as a business channel – an introduction Martin Duys

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Page 1: Social media as a business channel

Social Media as a business channel – an

introduction

Martin Duys

Page 2: Social media as a business channel

What we’ll talk about todayWhat is Social Media?Types of Social MediaReasons why companies use social mediaCase StudiesYour projects

Page 3: Social media as a business channel

What is Social Media?

“Social media is media designed to be disseminated through social interaction, created using highly accessible and scalable publishing techniques.

Social media supports the human need for social interaction, using Internet- and web-based technologies to transform broadcast media

monologues (one to many) into social media dialogues (many to many)”

- source (Wikipedia)

Page 4: Social media as a business channel

What is social mediaPlatforms for creating, sharing and having

conversations between individuals online

Page 5: Social media as a business channel

Types of Social MediaSocial Networks

Facebook, LinkedIn, MySpaceBloggingWikis

WikipediaPodcastsForums Content Communities

Flickr, YouTubeMicroblogging

TwitterSocial Bookmarking

Delicious, stumbledupon, Digg

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Page 7: Social media as a business channel

Characteristics of social mediaParticipationOpennessConversationCommunityConnectednessAuthenticitySharing

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Page 9: Social media as a business channel

Gift EconomyNot unique to Social MediaTrustSharingBarterCo-creation

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Commercial EconomyDriven by business imperativesProfit motiveControlSegment and understand segments

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The attention economy

Source: Norman Lear Centre

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Attention EconomyPeople have the same amount of time that have

always had butMany more channels through which they can

engage, soPrimarily about ENTERTAINMENT

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Reasons why companies use social media

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Business objectives valued by companies

Source: eConsultancy

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Business Objectives targett by social media campaigns

Source: eConsultancy

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social media channels businesses are using

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Tactics for using social media in business

You have to go to where the people areYou have to listen to themYou have to interact with themYou have to entertain themYou have to ‘give’ them something

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Case Studies

Nestle and GreenpeaceiBurst

Page 21: Social media as a business channel

NestleGreenpeace uses Social Media to pressurise

Nestle into dropping palm oil supplierscreates a fake KitKat add and posts it to YouTubeencourages supporters to join Nestle facebook page

anddemand changeNestle responds

First badly and then with great aplomb

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Campaign Page

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Nestle facebook page

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iBurst Social Media for CRM

iBurst uses social media to manage its damaged reputation

Page 26: Social media as a business channel

iBurst Social Media for CRMCompany was growing extremely quicklyPerfect storm of problematic new billing system,

and technical issues resulted in a swamped call centre

Customers took to consumer watchdog sites

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iBurstBrought in SentientRules of engagementMoved from significantly negative sentiment to

slightly negative in 3 months

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iBurst

Page 29: Social media as a business channel

iBurst

Page 30: Social media as a business channel

Thank you!

Martin [email protected]

@martinduys