everything you know about social media is wrong

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DEBUNKING SOCIAL MEDIA MYTHS @chiphanna | @balcomagency @ryanjcormier | @ratiodigital

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Only young people are on social media. Social media doesn’t work for B2B companies. The fans of my page see everything I post. Right? Find out just how wrong you are in a talk by local social media thought leaders Ryan Cormier (@RyanJCormier) and Chip Hanna (@chiphanna) . They’ll discuss the business of social media – from turning your customers into a community, to turning your community into customers. Ryan Cormier is an interactive specialist at GCG Marketing and Ratio Digital Media. He’s Google AdWords certified, and is on the Steering Committee for Vision Fort Worth. Chip Hanna is an interactive account director at the Balcom Agency. He holds several patents for his innovations in web development, and is the digital media chair for Fort Worth PRSA.

TRANSCRIPT

Page 1: Everything you know about social media is wrong

DEBUNKING SOCIAL MEDIA MYTHS @chiphanna | @balcomagency

@ryanjcormier | @ratiodigital

Page 2: Everything you know about social media is wrong

Social media is a hot topic. Unfortunately, there’s a lot of misinformation out there.

Page 3: Everything you know about social media is wrong

Ever heard someone say this?

•  Social media is just for kids

•  B2B customers aren’t using social media

•  We know what the next big thing in social is

•  It doesn’t matter when I respond, as long as I do

•  Everyone sees every post I make for my client

•  Social media is free

•  There is no ROI in social media

•  Social media doesn’t influence search rankings

•  Social media is strictly about PR (or marketing/digital/etc.)

•  I don’t have time to be on social media

•  There’s a one-size-fits-all solution for social media

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Myth: Social media is just for kids

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Fact: Social media is not just for kids

Page 6: Everything you know about social media is wrong

Who’s using social media?

•  92% of people ages 18-29

•  73% of people ages 30-49

•  57% of people ages 50-64

•  38% of people ages 65+

–  18% of which do so daily

The only tools used more are email and search engines

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Which sites are adults using?

•  1 in 6 use Pinterest

•  1 in 6 use Instagram

•  1 in 6 use Twitter

•  2 in 3 use Facebook

Page 9: Everything you know about social media is wrong

Myth: B2B customers aren’t using social media

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Fact: B2B customers are using social media

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“Social media has given the customers a voice. You must engage with them or soon become obsolete to them.”

-  Kevin Espinosa, Social Media Manager | Caterpillar

•  Social media helped over 56% of B2B marketers acquire new business partnerships

•  Almost 60% saw improved search rankings

•  69% gained valuable market insight

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Myth: We know what the next big thing in social is

Page 17: Everything you know about social media is wrong

Fact: Nobody knows what the next big thing is

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Myth: It doesn’t matter when I respond, as long as I do

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Fact: It does matter when you respond

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Myth: Everyone sees every post I make for my client

Page 23: Everything you know about social media is wrong

Fact: very few of your fans see your posts

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However, not all is lost

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Myth: Social media is free

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Fact: Social media is not free

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•  Social media requires time

•  Time costs money

•  Therefore, social media costs money

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Myth: There is no ROI in social media

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Fact: There is a ROI in social media

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What’s the ROI on this?

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Which traffic source would you prefer?

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Myth: Social media doesn’t influence search rankings

Page 40: Everything you know about social media is wrong

Fact: Social media does influence search rankings

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We literally had to add this yesterday

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Myth: Social media is strictly about PR (or marketing/digital/etc.)

Page 49: Everything you know about social media is wrong

Fact: It all needs to be integrated

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•  Social media combines the best of PR, digital, marketing and advertising

•  We need to work together to have success

•  Why?

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Page 52: Everything you know about social media is wrong

What are the best boots for fat calves?

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Myth: I don’t have time to be on social media

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Fact: you can’t afford not to be

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Myth: There’s a one-size-fits-all solution for social

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Fact: There’s not a one-size-fits-all solution for social

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•  It takes a lot of planning, work and dedication

•  You have to be committed

•  You can’t expect it to be free or easy

•  Unfortunately, there’s no silver bullet

Page 59: Everything you know about social media is wrong

We’re curious – what myths have you heard?

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Thank you!

Chip Hanna | @chiphanna

Balcom Agency | @balcomagency

Facebook.com/balcomagency

Ryan Cormier | @ryanjcormier

Ratio Digital | @ratiodigital

Facebook.com/ratiodigital

AAF Fort Worth | @aaffortworth