social media for km round table

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We speak English - William Dampier’s blog 1699

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Social Media - What is it, why it matters, and a 3 step action plan

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Page 1: Social Media   For Km Round Table

We speak English - William Dampier’s blog 1699

Page 2: Social Media   For Km Round Table

Social Emotions

“The essential difference between

emotion and reason is that emotion

leads to action, while reason leads to

conclusions.”

Donald Calne, neurologist

Page 3: Social Media   For Km Round Table

Social Media and KM

What is Social Media?

Why does it matter?

Social Media Action Plan

Page 4: Social Media   For Km Round Table

Media has changed - 2006

“To find something comparable, you have to go back 500 years

to the printing press, the birth of mass media … Technology is

shifting power away from the editors, the publishers, the

establishment, the media elite. Now it’s the people who are

taking control” Rupert Murdoch, Wired July 2006.

Page 5: Social Media   For Km Round Table

Social cosmos

Page 6: Social Media   For Km Round Table

Consumers have a voice

Page 7: Social Media   For Km Round Table

billion

•Internet population Feb : 2009

Page 8: Social Media   For Km Round Table

So what is Social Media?

“Open conversations that

encourage participation

and connect people”

Ian Farmer

Page 9: Social Media   For Km Round Table

Social Networks

6 million (Aug 2009)

40% of Online Pop.

Page 10: Social Media   For Km Round Table

Blogosphere

m23000

Page 11: Social Media   For Km Round Table

Wikis – collaborative

Podcasts – niche / time shifting

4m

Page 12: Social Media   For Km Round Table

Youtube Videos

m

26,500

Bandwidth: 2007 YouTube = 2000 Internet

Jan 2009 – 14.8 billion views

25% have watched online video (with their mobile)

Page 13: Social Media   For Km Round Table

And other content communities

Page 14: Social Media   For Km Round Table

More and more of us use it

Page 15: Social Media   For Km Round Table

It helps you express yourself

Page 16: Social Media   For Km Round Table

Review stuff, weigh up pro’s and cons

Page 17: Social Media   For Km Round Table

Research company / clients

Page 18: Social Media   For Km Round Table

Research – interview questions

Page 19: Social Media   For Km Round Table
Page 20: Social Media   For Km Round Table

Share things easily

Page 21: Social Media   For Km Round Table

And through the wisdom of crowds

Page 22: Social Media   For Km Round Table

Allows us to discover new stuff

Page 23: Social Media   For Km Round Table

Social Media and the Conversational web

What is Social Media?

Why does it matter?

Social media action plan

Page 24: Social Media   For Km Round Table

We now know the truth

76% don’t believe

that companies tell

the truth in

advertisements

Source: Yankelowich

Page 25: Social Media   For Km Round Table

Consumer recommendations are

the most credible form of

advertising among 78% of the

study’s respondents.

Source: Nielsen, “Word-of-Mouth the Most Powerful Selling Tool”

(global Nielsen survey of 26,486 Internet users in 47 markets)

Page 26: Social Media   For Km Round Table

Who do we believe?

Page 27: Social Media   For Km Round Table

People like ourselves

My friends

Their friends

Shared interest

Page 28: Social Media   For Km Round Table

Social media conversations are recorded

Page 29: Social Media   For Km Round Table

And influence “offline” behaviour

Page 30: Social Media   For Km Round Table

Of those who use used or buy bought

your product / service

Page 31: Social Media   For Km Round Table

For Good

Page 32: Social Media   For Km Round Table

And Not so good

Page 33: Social Media   For Km Round Table

Social media impacts your brands reputation

34% post opinions about products and

brands on their blog

36% think more positively about companies

that have blogs

Source: Universal McCann Power to the people - Social Media Tracker Wave 3

Page 34: Social Media   For Km Round Table

So that’s why it matters !

Page 35: Social Media   For Km Round Table

Social Media and the Conversational web

What is Social Media?

Why does it matter?

Social media action plan

Page 36: Social Media   For Km Round Table

Consumers are beginning in a very real sense to own our brands and

participate in their creation … We need to begin to learn to let go.

A.G. Lafley, CEO and Chairman of P&G, October 2006

Try and control this?

Page 37: Social Media   For Km Round Table

Ignore it ?

... But this just eliminates you from the conversation

Page 38: Social Media   For Km Round Table

“PARTICIPATION PARTICIPATION PARTICIPATION

is the new LOCATION LOCATION LOCATION”

Ian Farmer

Page 39: Social Media   For Km Round Table

Social Media action plan

What is Social Media?

Why does it matter?

Social media action plan

Listen

Engage

Influence

Page 40: Social Media   For Km Round Table

How to listen to social media?

Page 41: Social Media   For Km Round Table

Search

• E.g. Technorati.com

Page 42: Social Media   For Km Round Table

Knowledge - Social Bookmarking

Page 43: Social Media   For Km Round Table

Alerts

• E.g. www.google.com/alerts

Page 44: Social Media   For Km Round Table

Opinions in real time

Page 45: Social Media   For Km Round Table

Monitoring #Knowledge

Page 46: Social Media   For Km Round Table

Speed Feed reading

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Blog Trends

Page 48: Social Media   For Km Round Table

Listen

”The Development of a process

to understand the conversations,

and action the insights”

Ian Farmer

Page 49: Social Media   For Km Round Table

FORUMS

Real time feedback : Grad recruitment exposed !

Page 50: Social Media   For Km Round Table

Recorded Experiences

Page 51: Social Media   For Km Round Table

Reactions to current issues

Page 52: Social Media   For Km Round Table

BRAND mentions

Page 53: Social Media   For Km Round Table

Discover consumer insights

Page 55: Social Media   For Km Round Table

LISTEN : Social Media services

ListenResearch : opinions in real time

Risk Awareness

Insights

Permission to Engage

We monitor social media because it provides unsolicited and unbiased consumer opinions about

our products and brands in real time. If a brand, messaging or product problem is identified by

bloggers, we can fix the problem quickly before it gets too widespread. Also, positive comments

help us understand early on if something is working particularly well.”

Christin Stasiw Lazarchuk, Director, Global Market Research, Ford Motor Company.

Social Media Audit

Social Media Monitoring Strategy

Monitoring development

Insights reporting

Training

Page 56: Social Media   For Km Round Table

Social Media Action Plan

Listen

Engage

Influence

Page 57: Social Media   For Km Round Table

It’s PR Jim, but not as we know it!

Page 58: Social Media   For Km Round Table

Cicero’s 9 rules from “On Duties” in 44BC

1. Speak clearly

2. Speak easily, but not too much, give others their turn

3. Do not interrupt

4. Be courteous

5. Deal seriously with serious matters, gracefully with lighter ones

6. Never criticize people behind their backs

7. Stick to subjects of general interests

8. Do not talk about yourself

9. Never lose your temper

Page 59: Social Media   For Km Round Table

Example – UK civil service

http://www.civilservice.gov.uk/iam/codes/social_media/participation.asp

Be credibleBe accurate, fair, thorough and transparent.

Be consistentEncourage constructive criticism and deliberation. Be cordial, honest and

professional at all times.

Be responsiveWhen you gain insight, share it where appropriate.

Be integratedWherever possible, align online participation with other offline

communications.

Be a civil servantRemember that you are an ambassador for your organisation. Wherever

possible, disclose your position as a representative of your department or

agency.

Page 60: Social Media   For Km Round Table

“PARTICIPATION PARTICIPATION PARTICIPATION

is the new LOCATION LOCATION LOCATION”

Ian Farmer

Page 61: Social Media   For Km Round Table

Social Media engagement policy?

or

Page 62: Social Media   For Km Round Table

GM’s FASTLANE blog

"These people have a great deal of

influence, not just on what we read,

but on the cars their friends and family

purchase.“

Bob Lutz, the vice chairman of General Motors,

Page 63: Social Media   For Km Round Table

Engage - Lobby the government

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Identify where else to engage?

Page 65: Social Media   For Km Round Table

You Tube presence

Page 66: Social Media   For Km Round Table

BRITA Facebook

Page 67: Social Media   For Km Round Table

Be transparent - Ugly rocks !

• 47.7 million views

• 125,000+ comments

• In 7 days !

Page 68: Social Media   For Km Round Table

Engagement integration

Involve your audience >10K ideas US $1mill rev

Page 70: Social Media   For Km Round Table

Social learning

Page 71: Social Media   For Km Round Table

Crisis Response training

Page 72: Social Media   For Km Round Table

For when the Rats take over !!

Page 73: Social Media   For Km Round Table

Social Media services

Engage

• Feedback: discussion channels

• Increase Customer Service

• Exhibit Leadership : Sharing POVs

• Innovation: Source of Ideas

• Growth: reduced cycles times

• Self awareness

• Opportunity to Influence

Policy

Engagement integration

Corporate / brand blogs

Identify & track engagement

Social Media Presence (YouTube, Facebook, Wikipedia)

Social Media Press Release

Crisis response training

Page 74: Social Media   For Km Round Table

Social Media Action Plan

Listen

Engage

Influence

Page 75: Social Media   For Km Round Table

1000 entries, 5.5 million votes

Page 76: Social Media   For Km Round Table

Identifying key influencers

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Recruit and reward evangelists

Page 78: Social Media   For Km Round Table

Influence via cause marketing

Page 79: Social Media   For Km Round Table

Bushfire widget

• Developed in 2 days

• 90K views

• 1:722 viral ration

• 25% interacted

• 5,504 donations

Page 80: Social Media   For Km Round Table

Make it easy for people to tell others

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Establish conversational metrics

Page 82: Social Media   For Km Round Table

Influence

“Measuring the results of how you effect

social media, then using that insight to

stimulate conversations, making it easier

for people to recommend and sample

your products”

Ian Farmer

Page 83: Social Media   For Km Round Table

Social Media services

Influence

• Expand touchpoints

• Measurement of campaigns

• Risk mgmnt “Ask the audience”

• Build loyalty & Identify Evangelists

• Collaboration opportunities

• Word of mouse!Influence Identification

Loyalty & evangelist programs

Campaign metrics

Word of Mouth Marketing

Internet is twice as influence of TV and 8 times that of Print (source: Digital Influence Index study Fleishman-Hillard)

Page 84: Social Media   For Km Round Table

Social Media action plan

What is Social Media?

Why does it matter?

Social media action plan

Listen

Engage

Influence

Page 85: Social Media   For Km Round Table

Social Media – continuous learning

• Don’t FAIL to LEARN

• DO FAIL to LEARN

Page 86: Social Media   For Km Round Table

More information Ian Farmer

[email protected]

+61 2 8923 5028

www.twitter.com/ifarmer

Ian’s blog : http://frontiering.com.au