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Social Media in Business, Training Jan 2012 Twitter, LinkedIn & Facebook for Business Trainer: Joanne Jacobs Email [email protected] Phone +44 (0)7948 318 298 Skype bgsbjj Twitter @joannejacobs Image source: ttp://www.flickr.com/photos/32931740@N06/3256859352

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Social Media in Business, Training Jan 2012

Twitter, LinkedIn & Facebook for Business

Trainer: Joanne JacobsEmail [email protected] Phone +44 (0)7948 318 298

Skype bgsbjj Twitter @joannejacobs

Image source: ttp://www.flickr.com/photos/32931740@N06/3256859352

Social Media in Business, Training Jan 2012

Overview

Session 1: Growth, role and effectiveness of Twitter, Facebook and LinkedIn

Session 2: Using Twitter for business

Session 3: Using Facebook for business

Session 4: Using LinkedIn for business

Session 5: Measurement of ROI for Twitter, Facebook and LinkedIn

Session 6: Social strategy auditing and renegotiation, social tools-to-watch.

Image source: http://www.flickr.com/photos/40518938@N00/3231178720

Social Media in Business, Training Jan 2012

Session 1: Growth, role and effectiveness of Twitter, Facebook and LinkedIn

Social Media in Business, Training Jan 2012

Facebook has over 845 million active users (US SEC statement, February 2012).

Estimated advertising revenue in 2011: US$4.27 billion (Emarketer, September 2011)

Image source: http://en.wikipedia.org/wiki/File:Facebook_popularity.PNG

Social Media in Business, Training Jan 2012

Twitter surpassed 200 million tweets per day in June 2011.

Twitter has over 100 million active users, 50% of which log in every day.

Image source: http://mashable.com/2011/06/30/twitter-200-million/

Social Media in Business, Training Jan 2012

LinkedIn has 150 million members (though not all may be active)

Q4 2011 revenue approximately US$170 million (WSJ, February 2012)Image source: http://www.hitgeist.com/

Social Media in Business, Training Jan 2012

Marketing & social media

Social media now mainstream aspect of all business planning

Image source: http://www.flickr.com/photos/ronin691/3953972368/

Social Media in Business, Training Jan 2012

Listening methodology (listen first, respond second, link third)

now widely understood

Image source: http://www.flickr.com/photos/cambodia4kidsorg/4075118145/

Social Media in Business, Training Jan 2012

Reputation measurement growing

in sophistication, and social graph now

widely used to measure influenceImage source: http://www.flickr.com/photos/marc_smith/4618279087/

Social Media in Business, Training Jan 2012

Marketing opportunities now moving

beyond brand awareness to more business communication and product management activities

Image source: http://www.flickr.com/photos/37803129@N00/2891780918

Social Media in Business, Training Jan 2012

2 in 5 social media users access content via a mobile device (US stats, Nielsen)

Largest growing group of social

media users are 55+ years of age

As number of social media users grow, so

does use sophistication and lack of tolerance for poor marketing practices

Image source: http://www.flickr.com/photos/magnetbox/4337869159/

Social Media in Business, Training Jan 2012

Engaging with existing clients

• Social media use variation:– Customer service channel– Product development channel– Brand advocacy channel– Supply chain management

channel

• Speed of response is crucial• Should not dictate client

interactions• 'Active listening'

Image source: http://www.flickr.com/photos/birgerking/4731898939/

Social Media in Business, Training Jan 2012

Engaging with new clients

• Consumer/customer research

• Active listening as research

• Warm leads approach

• Converting online to offline and back again

Image source: http://www.flickr.com/photos/26341587@N04/4280203413/

Social Media in Business, Training Jan 2012

Engaging with influencers

• Influencers as product experts

• Influencers as subject experts

• What influencers will and won't do

• Reporting on influencer-led activities

Image source: http://www.flickr.com/photos/54238124@N00/2278072114

Social Media in Business, Training Jan 2012

Pitfalls of dealing with influencers

• Influencers are not celebrity endorsers; should not treat them as brand advocates

• Influencers are honest before they are loyal

• Influence is based on niche service consistency, not on popularity

• Failing to engage an influencer appropriately can be more damaging than traditional crises.

Image source: http://www.flickr.com/photos/38451115@N04/4971477142

Social Media in Business, Training Jan 2012

Growth summary

Facebook: Growth plateauing, but still largest used social media site in the world. Revenue growth steady.

Twitter: Growth plateauing, but number of active users increasing and revenues increasing.

LinkedIn: Growth steady with recession as the network is used for recruitment and job hunting. Revenues steady.

Image source: http://commons.wikimedia.org/wiki/File:Pictofigo-Growth.png

Social Media in Business, Training Jan 2012

Role summary

Facebook: Used for personal communications, advocacy, customer service, accessing existing clients.

Twitter: Warm leads, research, direct and immediate customer service.

LinkedIn: Complex problem solving, recruitment.

Image source: http://commons.wikimedia.org/wiki/File:Social_Media_Marketing.jpg

Social Media in Business, Training Jan 2012

Effectiveness summary

Facebook: Accessing broader age and social ranges over time. Subject to ‘Facebook fatigue’.

Twitter: Highly effective over short periods of time. Subject to ‘Streisand effect’.

LinkedIn: Slow steady growth in effectiveness for problem solving, recruitment.

Image source: http://commons.wikimedia.org/wiki/File:Shake_hand.jpg

Social Media in Business, Training Jan 2012

Session 2: Using Twitter for business

Image source: http://www.twitterbird.com/

Social Media in Business, Training Jan 2012

Twitter: SWOT

STRENGTHS

High user base

Focused content

Immediacy

WEAKNESSES

High exposure

Tweets are ‘lost’ quickly

Scalability

OPPORTUNITIES

Direct customer access

Co-creation

Closed networks (B2B)

THREATS

Google+, Facebook timeline

User fatigue

Social Media in Business, Training Jan 2012

Twitter: Use variations

1. LISTENING:• Research• Lead generation• Customer service

2. SHARING:• Reports on business• Sharing links to content in your area of

expertise• Discussion with experts, collaborators

3. OPERATIONS• Order tracking (logistics) • Issue tracking and resolution

Image source: http://techno-time.blogspot.com/2012/02/how-to-add-flying-twitter-bird-to-blog.html

Social Media in Business, Training Jan 2012

Twitter: Deployment and resourcing

1. State clearly your objectives for your twitter account to entire firm.

2. Develop a flow chart for handling of messages and allocation of issues needing to be tracked – make this accessible to all staff

3. Develop succession planning and team expansion plans for successful deployment

4. Review strategy and ensure resourcing meets growth projections.

Social Media in Business, Training Jan 2012

Twitter: Crisis management

Negative feedback on twitter is inevitable.

Handle negative feedback initially by being open to critique.

Admit errors, delete any offensive posts (this will not delete entirely).

If evidence of trolling exists, block user(s). Do this with EXTREME CAUTION.

Social Media in Business, Training Jan 2012

Responding to negative feedback

Social Media in Business, Training Jan 2012

Twitter Case Studies

CASE ONE: Orange UK Tweet-a-gram

CASE TWO: STA Travel

CASE THREE: Avanade (Qs answered on YouTube)

Social Media in Business, Training Jan 2012

Session 3: Using Facebook for business

Image source: http://blogbymikeberry.blogspot.com/2011/08/facebook-addresses-privacy.html

Social Media in Business, Training Jan 2012

Facebook: SWOT

STRENGTHS

Most active website

Users comfortable with conversation

Targeted advertising

WEAKNESSES

New players struggle to appear in timeline

Hard to access new markets

OPPORTUNITIES

Customer service

Premium content

Engaging community in product development.

THREATS

Facebook fatigue

New entrants in social networking

Corporate policies against use.

Social Media in Business, Training Jan 2012

Facebook: Use variations

1. COMMUNITY BUILDING:• Discounts• Content competitions• Fundraising / local support.

2. CUSTOMER SERVICE:• Issue resolution• How-tos• Premier content services

3. OPERATIONS• Market research • Advertising

Social Media in Business, Training Jan 2012

Facebook: Deployment and resourcing

1. Use facebook resources which meet objectives.

2. Monitor conversations in the channel and moderate only where necessary

3. Consider Facebook advertising as a means of increasing brand engagement

4. Budget for changes occurring to the Facebook interface at least annually

5. Ensure staff are adequately trained in appropriate business conversations online.

Social Media in Business, Training Jan 2012

Facebook: Crisis management

Negative feedback on Facebook is inevitable.

Handle same as for twitter, but in comments, best to ask for recommendations in how to alter business practice.

Again, admit errors.

DO NOT DELETE POSTS UNLESS THEY ARE CLEARLY HARRASSING OR OFFENSIVE.

Social Media in Business, Training Jan 2012

Responding to negative feedback

Heinz case study – positive response to negative feedback http://www.clickz.com/clickz/news/2125588/heinz-facebook-flub-engagement-flurry

Social Media in Business, Training Jan 2012

Facebook Case Studies

CASE ONE: VodafoneUK Customer Service

CASE TWO: Burberry LFW live streaming of fashion show

CASE THREE: Zappos Community

Social Media in Business, Training Jan 2012

Session 4: Using LinkedIn for business

Image source: http://www.duoblogger.com/linkedin-vs-facebook-5-reasons-why-linkedin-rocks-harder-than-facebook/3172/

Social Media in Business, Training Jan 2012

LinkedIn: SWOT

STRENGTHS

Business users

Useful Q&A and Group systems

Easy to track user interests

WEAKNESSES

Not particularly useful for immediate communications

Time sink

OPPORTUNITIES

Market research

Lead generation

Advocacy of influencers

THREATS

Alternative business expert networks (Eg: Plaxo, etc)

Influencer networks

Group fatigue.

Social Media in Business, Training Jan 2012

LinkedIn: Use variations

1. RESEARCH:• Intelligence gathering• Lead generation• Problem identification

2. RECRUITMENT:• Network path analysis• Tracking recommendations• Job offers / job placement notices

3. OPERATIONS• Closed group newsletters / noticeboards • Corporate content sharing (eg: Slideshare)

Social Media in Business, Training Jan 2012

LinkedIn: Deployment and resourcing

1. Ensure Groups have clear user engagement strategy (ie: don’t use exclusively for sending messages)

2. Train staff in user tracking to maximise lead generation tactics

3. Review strategy at least twice annually to pick up new functionality of the network

4. Use LinkedIn at least as a supplement to traditional recruitment strategies.

Social Media in Business, Training Jan 2012

LinkedIN: Crisis management

Negative feedback less likely on LinkedIn, but should not be disregarded.

Openness required, and feedback should be taken seriously as critics are identifiable.

Crucial to report on changes as a result of feedback to LinkedIn communities.

Don’t delete posts, but create links to reports of changes in response to criticism.

Social Media in Business, Training Jan 2012

LinkedIn Case Studies

CASE ONE: Evalueserve (lead generation)

CASE TWO: Social Media Today Group (Market research; intelligence mining)

CASE THREE: L’Oreal, Dixons (recruitment)

Social Media in Business, Training Jan 2012

Session 5: Measurement of ROI for Twitter, Facebook and LinkedIn

Social Media in Business, Training Jan 2012

Meaningful measurement

• Measurement must align with objectives

• Quantitative measures less useful than qualitative

• Cost reductions best means of indicating intangible benefits

• Various tools available (see next slide)

GENERAL RULE: If it's easy to measure, it's probably not worth measuring.

Image source: http://www.flickr.com/photos/99771506@N00/5890431924

Social Media in Business, Training Jan 2012

Tracking tools

• Blog search: http://blogsearch.google.com/ , http://addictomatic.com/ , http://www.blogpulse.com/;

• Brand metrics: http://www.howsociable.com/ , http://socialmention.com/.

• http://www.twazzup.com/ - creates a dashboard on tweets including/referring to keywords.

• http://monitor.wildfireapp.com/ - compare competing Fb or twitter performances

• http://youropenbook.org/ - fb mentions• http://twitalyzer.com/ - analyses twitter user accounts• http://twapperkeeper.com - keeps an archive of tweets for a

hashtag • http://www.kurrently.com/ - search engine for facebook and twitter• http://socialseek.com/app/home - create a dashboard for keywords • http://www.samepoint.com/ - reputation manager search engine.

Social Media in Business, Training Jan 2012

Activity & influence

• Klout measures:– Frequency and 'value' of interactions across a

range of network

• Peer Index measures:– Engagements over time in subject areas and

based on feedback/conversations

• PeopleBrowsr measures:– Activity as well as more traditional achievement

oriented measures (qualifications, community appeal) and sets this in terms of audience reach

Activity not a useful measure of actual influence.

Social Media in Business, Training Jan 2012

Activity & influence

Research.ly results for Greenpeace from http://rs.peoplebrowsr.com/

Social Media in Business, Training Jan 2012

Measurement for Facebook

Always measure based on objectives for the channel!

• Customer satisfaction• Engagement/problem resolution• Sales• Real world site visits

ROI: Cost of customer retention

Social Media in Business, Training Jan 2012

Measurement for Twitter

Always measure based on objectives for the channel!

• Speed of issue response• Customer acquisitions• Page visits from linked content• Influence/sharing

ROI: Cost of customer acquisition

Social Media in Business, Training Jan 2012

Measurement for LinkedIn

Always measure based on objectives for the channel!

• Recruitment savings• Problem resolution• Knowledge management• Idea generation

ROI: Cost savings for research/recruitment

Social Media in Business, Training Jan 2012

Session 6: Social strategy auditing and renegotiation,

social tools-to-watch

Social Media in Business, Training Jan 2012

Reporting & strategy change

• Need to report on objectives, and acknowledge how changing tech landscape either assists or inhibits campaigns

• Need to report to all stakeholders of a campaign, including influencers

• Strategy change should be pursued where failure criteria are ‘met’

Image source: http://www.flickr.com/photos/kokogiak/37265634/

Social Media in Business, Training Jan 2012

Reporting & strategy change

• Should report to audiences on stages of strategy change – transparency is valued

• Social strategies should be audited at least twice annually.

Image source: http://www.flickr.com/photos/gadl/268729905/

Social Media in Business, Training Jan 2012

Social networks/tools to watch (1)

Google+Established 6 months ago; 100 million users, expected to be 400 million users by end 2012. Has commercial account feature. Design permits complex interactions with high time investment.

FoursquareEstablished March 2009; 15 million users. Designed for location based access/problem solving. Badging system still a relative novelty.

Social Media in Business, Training Jan 2012

Social networks/tools to watch (2)

PinterestEstablished March 2010; 11.7 million users. Useful for visual histories, experiential stories.

GetGlueEstablished October 2008. Allows users to check in to television programmes and events. Partnered with DirecTV in September 2011 to allow users to check in via television hardware.

Social Media in Business, Training Jan 2012

Social networks/tools to watch (1)

Empire AvenueEstablished July 2010. Pseudo stock market system for buying and selling shares in online identities. Interesting as a measure of influence change over time.

SchemerGoogle product yet to be publicly launched. Designed around activity and content discovery.

Social Media in Business, Training Jan 2012

Measurement tools to watch

CrowdboosterEstablished April 2010. Designed to create a dashboard for Facebook and Twitter.

Social BroEstablished 2011. Designed to manage and analyze a twitter community.

… But probably most interesting tool is PeopleBrowsr/Kred.ly.

Social Media in Business, Training Jan 2012

Summary

• SOCIAL STRATEGY– Warm leads: Research

approach– Customer support: Response

oriented approach– Expertise demonstration:

Content development and user engagement

• BEST PRACTICE– Advertising: integrates/invites– PR: facilitates– NOT brand awareness– NOT gamification without

value creation

• MEASUREMENT– Based on evidence of achievement

of social strategy– Quantitative measures are limited;

qualitative more useful– Influence measurement tools need

to balance reach with authority and perceived reputation

• CONTINUOUS IMPROVEMENT– Alter social strategy based on

appropriate measures and change to overall business strategy

– Report to users & influencers, not just executive.

Social Media in Business, Training Jan 2012

Questions

Joanne Jacobs

Technology and Interaction Design Consultant

Ph: 07 948 318 298

Email: [email protected]

Web: http://joannejacobs.net/

Twitter: @joannejacobs

Skype: bgsbjj