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Northwestern Technologies & Social Media Marketing Crossing the Digital Divide Into Increased Profitability and Sustainability

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Page 1: Northwestern technologies

Northwestern Technologies & Social Media Marketing

Crossing the Digital Divide IntoIncreased Profitability and

Sustainability

Page 2: Northwestern technologies

What is Social Media…Really?

• Social Networking refers to tools which enable both individuals and businesses to communicate directly via platforms like: Facebook, Twitter, etc.

• Social Media refers to specific sites which allow the sharing of video, documents, photos, and presentations via digital uploading for the purposes of sharing this data with the masses

• Social Relevance refers to a company’s individual online reputation or brand.

SOCIAL TECHNOLOGY: The Next Frontier. (cover story). (2012). Financial Executive, 28(4), 40-45.

Page 3: Northwestern technologies

The Rise of the Social Enterprise• The very late 90’s and early 2000s saw the consumerization

of IT. Employees begin using online conversational media such as blogs, instant messaging, etc. as personal digital devices circumvented the company’s centralized IT bypassing internal bottlenecks. These personal under-the-radar social tools were achieving communication and knowledge sharing goals better than existing and expensive enterprise software infrastructure.

SOCIAL TECHNOLOGY: The Next Frontier. (cover story). (2012). Financial Executive, 28(4), 40-45.

Page 4: Northwestern technologies

What is a SocialCorp?• A progressive, forward-thinking company that has

adopted social media effectively, in a way that accomplishes strategic business and communications objectives without compromising the company’s primary obligations as a corporation

Postman, J. (2009). SocialCorp: Social media goes corporate. Peachpit Press.

Page 5: Northwestern technologies

Why become a SocialCorp?&

Why now?

Page 6: Northwestern technologies

The Benefits of B2B Social Media

The cost of putting social media tools to work is quite low so leaders of organizations large & small have a fair shot at success!

Better and more efficient engagement with employees and business partners

Improved Web Metrics

Increased control over your company’s marketplace message

Postman, J. (2009). SocialCorp: Social media goes corporate. Peachpit Press.

Page 7: Northwestern technologies

The Benefits of B2B Social Media

Continued…

Connecting to suppliers to make supply-chain processes more efficient

The ability to crowdsource employees for new and innovative solutions to problems

Smoother and more productive collaboration among employees located in different offices around the country and around the world

Berkman, R. (2014). The Social Enterprise. Online Searcher, 38(6), 45.

Page 8: Northwestern technologies

The Benefits of B2B Social Media

LISTEN: both internally and externally more efficiently

EVALUATE: problems with immediacy

ADMINISTER: preventative and/or corrective actions

RESPOND: to issues personally/intimately

NAVIGATE: social media platforms both present and future more efficiently and strategically to achieve your company’s goals

The sooner you get moving, the more likely your company will be able to adapt and L.E.A.R.N when new channels emerge.

Page 9: Northwestern technologies

Challenges to ConsiderMarketing in any aspect requires a “think outside the box”

approach and with this the courage to experiment. Like any business decision, a social strategy requires a plan and a purpose.

Currently B2B Social Media has limited hard data or (quantifiable metrics) However, marketing has ALWAYS struggled with these criteria.

A social strategy requires operational, technological, and customer service resources—all of which extend beyond the marketer’s control.

Tsai, J. (2009). EVERYONE'S SOCIAL (ALREADY). CRM Magazine, 13(6), 34-38.

Page 10: Northwestern technologies

The Role of the Info Pro in the Social Enterprise

Conduct information audits to identify how and where social content is currently being used in the enterprise, where blocks exist, and current needs and new opportunities.

Ensure the right information – valuable and credible information – is available to the right person in the right function at the right time.

Berkman, R. (2014). The Social Enterprise. Online Searcher, 38(6), 45.

Page 11: Northwestern technologies

Which Social Media Platforms are Most Effective for B2B?

Page 12: Northwestern technologies

LinkedIn

Twitter

Facebook

Blogs

A recent research study published in the Journal of Customer Behavior concluded that the following

platforms are key for B2B marketing

Brennan, R., & Croft, R. (2012). The use of social media in B2B marketing and branding: An exploratory study. Journal Of Customer Behaviour, 11(2), 101-115.

Page 13: Northwestern technologies

Solving the B2BSocial Media Puzzle

The principal applications of B2B social media are content marketing, market research, internal & external

communication, project collaboration, business to business networking, as well as the possibility of sales

prospecting.

Brennan, R., & Croft, R. (2012). The use of social media in B2B marketing and branding: An exploratory study. Journal Of Customer Behaviour, 11(2), 101-115.

Page 14: Northwestern technologies

Whether you like it or not, social media is impacting your business. Consumers, and even competitors, are talking about your brand even if you’re not. It’s up to

you to join the conversation and work it to your advantage.

Tsai, J. (2009). EVERYONE'S SOCIAL (ALREADY). CRM Magazine, 13(6), 34-38.

Final Point to Ponder…