social commerce: how to build a successfully sustainable strategy

28
t Social Media + Your Crafts = Online Sensation Matt Winn Social Media Manager

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The ecommerce world is abuzz about social commerce. Everywhere you turn lies new evidence of how social media is changing the landscape for your online business. But where do you draw the line between hype and reality? And how do you develop a sound social strategy? Learn these answers by joining Volusion's Matt Winn for this webinar event. From picking the right channels to building your fan base, you'll walk away empowered to make the most of social commerce.

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Page 1: Social Commerce: How to Build a Successfully Sustainable Strategy

t

Social Media + Your Crafts =

Online Sensation

Matt Winn Social

Media

Manager

Page 2: Social Commerce: How to Build a Successfully Sustainable Strategy

Matt Winn Social Media Manager, Volusion

• Chief blogger: The Ecommerce Authority

• Join me on YouTube every Tuesday

• Aspiring cook, sports junkie, certified nerd

• Small-town Texan, Mexican food fanatic

Howdy, ya’ll!

Page 3: Social Commerce: How to Build a Successfully Sustainable Strategy

Today’s Agenda

• What is social media anyway?

• Build your social strategy

• Grow and engage your fan base

• Create a consistent message

• Drive more sales with social media

• Debunk social media hype

• Remember these clichés

Page 4: Social Commerce: How to Build a Successfully Sustainable Strategy

What is social media?

“A category of sites that is based on user

participation and user-generated content.”

Page 5: Social Commerce: How to Build a Successfully Sustainable Strategy

What isn’t social media?

• Social media is NOT:

– A one-sided conversation

– An excuse to share crappy content

– Just Facebook and Twitter

– About sales pitches

– A free lunch

Page 6: Social Commerce: How to Build a Successfully Sustainable Strategy

93% a

of web users believe a brand should have a social media

presence

Build Your Social Strategy

80% a

of web users visit social sites on a monthly basis

Page 7: Social Commerce: How to Build a Successfully Sustainable Strategy

Soap Box #1: Strategy

“Only 41% of companies have a strategy to guide their social

media activities.” (MediaPost)

Strategy: A comprehensive plan meant to achieve a long-term objective

Tactic: A specific action within a strategy to help reach the desired goal

Page 8: Social Commerce: How to Build a Successfully Sustainable Strategy

Set Your Social Objectives

• Several to choose from:

– Brand awareness

– Thought leadership

– Networking

– Feedback mechanism

– Advocacy building

– SEO gains

• Pick the best channel(s) to meet your objective

Page 9: Social Commerce: How to Build a Successfully Sustainable Strategy

Pick Your Channels

85% of consumers online trust

recommendations from people they know; 70%

trust opinions of unknown users. (Econsultancy)

The average consumer mentions specific

brands over 90 times per week in

conversations with friends, family, and co-

workers. (WOMMA)

53% of people on Twitter recommend companies and/or products in their Tweets, with 48% of them delivering on their intention to buy the product. (ROI Research for Performance)

85%

90 times

53%

Page 10: Social Commerce: How to Build a Successfully Sustainable Strategy

Required: Blog as Your Base

Why?

– Primary hub for content creation and sharing

– Great SEO supplement for all keywords

– Best social tool for inbound marketing

– Premier outlet for niche audiences

Your blog should serve as the center of your social media strategy.

Page 11: Social Commerce: How to Build a Successfully Sustainable Strategy

Facebook: Community Center

Build your alliances and champion

your brand on Facebook:

• Share your personality

• Provide an insider’s view to your business

• Get fans interacting with each other

• Create a “face” for your brand

• Utilize various tabs and tools

• Spread your content (remember that blog thing?)

Page 12: Social Commerce: How to Build a Successfully Sustainable Strategy

Twitter: Extend Your Reach

Talk to outer circles and

potential customers:

• Understand your audience

• Listen first, then respond

• Look for pertinent keywords and topics

• Become a thought leader

• Identify and engage influencers

• Spread your content (still that blog thing)

Page 13: Social Commerce: How to Build a Successfully Sustainable Strategy

LinkedIn: Network It

Join industry groups, share

insights and get to know people:

• Understand your audience

• Find pertinent groups and participate

• Establish a professional reputation

• Provide product recommendations

• Spread your content (not letting it go)

Page 14: Social Commerce: How to Build a Successfully Sustainable Strategy

YouTube: Get in the Game

Show off yourself, your products

and your personality:

• #2 search engine in the world

• Provide product demonstrations

• Utilize video testimonials

• Educate your customers and prospects

• Spread your content (seeing a trend?)

Page 15: Social Commerce: How to Build a Successfully Sustainable Strategy

Pinterest: Connect

Build relationships on a

lifestyle level

• Fastest growing social site

• 80%+ of user base is female

• Create endless pinboards

• Show off your brand’s personality

• All about lifestyle, not selling

Page 16: Social Commerce: How to Build a Successfully Sustainable Strategy

Soapbox #2: Metrics

Base your metrics on your goals – there is no strategy without

objective measurements.

Some example KPIs:

• Number of fans/followers/subscribers

• % growth of followers, views, etc.

• Amount of visitors from social to website

• Coupon redemptions from social exclusives

• Reach (shares, likes, RTs) of unique content

Page 17: Social Commerce: How to Build a Successfully Sustainable Strategy

Exercise 3: Grow Your Community

Social media accounts for one out of every six minutes spent

online in US.

Twitter is adding nearly 500,000 users a day

Time spent on social networks is growing at 3x the overall

internet rate, reaching approximately 10% of all usage

1 in 6

500K

3x

Page 18: Social Commerce: How to Build a Successfully Sustainable Strategy

Grow Your Social Presence

Know why people follow your brand:

1. To receive discounts and promotions

2. To show others they like your brand

3. To receive access to exclusive information

4. To get updates and news about the company

Page 19: Social Commerce: How to Build a Successfully Sustainable Strategy

Grow Your Social Presence

Try these ideas:

– Run a contest

– Email your customer base

– Share good content (again)

Don’t be afraid to ask

– 75% of Facebook users liked a brand because they were directly invited (MarketingProfs)

– Place your icons everywhere, provide incentives, run contests, be creative!

Page 20: Social Commerce: How to Build a Successfully Sustainable Strategy

Create a Consistent Message

• Don’t ignore design,

visuals

• Keep your tone the

same

• Create branded, not

random, content

Page 21: Social Commerce: How to Build a Successfully Sustainable Strategy

Exercise 4: Drive More Sales

73%

67%

51%

73% of US companies use social media as a

marketing outlet

Twitter followers are 67% more likely to

purchase than non-followers

Those who like a brand’s Facebook page are

51% more likely to purchase

Page 22: Social Commerce: How to Build a Successfully Sustainable Strategy

Sell directly on your page

• Find a solution that allows

you to list products directly

on Facebook

• Don’t list every single

product on your page

• Remember that the goal is

to drive traffic back to your

actual website

Page 23: Social Commerce: How to Build a Successfully Sustainable Strategy

Kick it up with daily deals

• Great way to increase brand

awareness and acquire new

customers

• Watch your proverbial shirt

• Consider options outside of

standard daily deals sites

Page 24: Social Commerce: How to Build a Successfully Sustainable Strategy

Run contests and share discounts

• Make a detailed campaign plan

• Find the appropriate tool

• Get as much from it as possible

Page 25: Social Commerce: How to Build a Successfully Sustainable Strategy

Soapbox #3: Social Media Hype

“Don’t assume social media will solve everything. If

your product sucks, social media won’t fix it.”

Myth

• Revenue savior

• Only source of marketing

• It’s free and easy!

Reality

• Communication channel

• Piece of a larger puzzle

• Takes a lot of work

Page 26: Social Commerce: How to Build a Successfully Sustainable Strategy

If you’re taking notes…

Remember these five social clichés:

1. Listen first, engage second, measure always

2. Think conversations, not campaigns

3. Earn your plug

4. Give up control

5. Don’t feed the trolls

Page 27: Social Commerce: How to Build a Successfully Sustainable Strategy

Want to learn more?

• Ecommerce Bootcamp: Sell Online in 60 Minutes

– Sunday at 11:00am, Crowne Plaza San Miguel Room B

• Drop your business card or email address for a

copy of today’s presentation!

• Like us on Facebook for daily tips

– Facebook.com/volusion

Page 28: Social Commerce: How to Build a Successfully Sustainable Strategy

t

Questions?