the new model of interaction in social networks
DESCRIPTION
America Empresarial, Bogota, 2011 The concept of social networking isn’t just for young people anymore. More and more businesses and professionals are using social media as a way to generate revenue and interact with customers (both internally and externally.) When case studies show the use of social tools exceeds email, then businesses have to stand up, take notice and join the movement. For business professionals, this becomes an opportunity to develop an internal marketing and communications strategy to support our organizations. But what exactly is the philosophy behind social networking? This presentation offers an overview to the purpose of social media and the key considerations for developing and implementing a social networking strategy in your organization.TRANSCRIPT
The New Model of Interaction in Social Networks
Sharlyn Lauby, SPHR, CPLP
ITM Group, Inc.
www.itmgroupinc.com
Who Are You?
Realize the trends
Understand the impact
Discuss common social media applications
Outline pros/cons
Present a strategy framework
Today’s Presentation
What is social media?
Social Media = Conversations between people over the internet.
50% of Latin American Countries use Social Media
79% of Fortune 100 using it (Ford, Dell, BP) 50% of social network users are connected to brands
36% posted content about brands on social networks
Everyone is (or will be) using social media 373 million people (Strategy Analytics)
600,000 new users to Facebook each day
77% of internet users read blogs
More usage than email
Why are people using social media?
Companies Using at Least One Social Media Platform
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
Companies Using Social Media
Your Organization
Web
Blogs
People are Talking about You
Is This Your View of Social Media?
Social Media is About People
Company founded in 2002
For 6 years, flat growth
In 2007, started using YouTube for marketing
Sales increased 40% in first year
In 2008, sales increased 80%
In 2009, profit increased 432%
YTD 2010, profit increased 300%
Case Study
Builds trust
Conveys transparency
Mix of personal and professional
Shows passion
Has versatility
Offers speed
Provides cost efficiency
How does social media do it?
50% of Social Media activity happens on
web sites you’ve never heard of
Blogs (readers)
(connections)
(friends, fans)
(tweeps)
4 Popular Social Media Tools
“A New User Every Second”
Reid Hoffman, CEO (Social Recruiting Summit ‘09)
Typical user
Senior level (44% manager and above)
Decision makers (66%)
Over age 40
College grad
Makes over $100,000/year
Source: LinkedIn
Networking
Recommendations
Research People / Organizations
Get advice
Job Search
Freelance and/or Consulting Work
Professional Uses for LinkedIn
Directors, Managers and HR Managers. Students and graduates in professional HR and Industrial RRLL. Training and job
opportunities for Headhunters / Recruiters Marketing and R & D Management Coaching from Argentina, Spain, Chile, Mexico,
Colombia, Venezuela, Peru, Brazil, Ecuador and Uruguay
Colombia Networking
SAP LATAM
Latin America Business Development Network
Empleo IT 2.0 (IT Jobs 2.0)
JOBS 2.0 Latin America
Universidad do los Andes Alumni Group
LinkedIn Groups
Weblog
News/Information/Education source
133 Million (Technorati)
900,000 posts created every 24-hours
“Blogs in Plain English” on YouTube
Individual Contributors, Group Blogs or Blog Rolls
Blogs
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
Companies with Blogs
Establish corporate culture
Communicate to recipients/donors/BOD
Communicate to job candidates
Convey experiences (mission, events, education)
Establish expertise as a community resource
Organization/Company Blogs
Sales
Founded in 1999
$1.6M in 2000
$1B in 2008
Complete Focus on Customer Service
Case Study: Zappos
Establish personal connection
12 blogs
CEO
COO
10 Consumer Interest (Parents, Health, Fashion, Runners, Outdoors, Extreme Sports, etc.)
Almost 500 employees on Twitter
“Don’t talk about the shoes.”
RSS
Really Simple Syndication
Helps You Save Time
Google Reader
RSS in Plain English
http://www.youtube.com/watch?v=0klgLsSxGsU
Blog Reading Made Simple
“Twitter is like a Text Message
with a BCC: To The World”Photo Credit: ydhsu
Estimated 100 Million Users
Half of users log in daily
55% of Twitter users are on mobile
Over 230 Million Tweets Sent Daily (aka 5B Tweets a month!)
Supports 17 different languages
Source: Twitter “State of the Business”
– Sept 2011
Puerto Rico
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
Companies with Twitter Accounts
Users say they’re more likely to buy if a business answers their
questions on Twitter.- NYTimes.com
Hash
tag
: #
AS
TD
SF
L
Put a # in front of a term
All Tweets with that hashtag are aggregated
Examples:
#Bogotá #CONMEBOL
#talentmanagement #humanresources
The Power of Twitter - Hashtags
Success stories
eCommerce (@delloutlet)
Event Announcements
Conversations
Customers
Prospects
Stakeholders
Media
What can I communicate?
Telcel uses this account to answer customer concerns
and problems.
Telcel lists other corporate accounts that cover different
topics.
Petrobras uses this account to post news about the company. They recently ran a
short Twitter contest.
How Companies Are Using Twitter to Communicate
“Facebook is a social
network that connects
people personally and
professionally through
connections, messages,
photos, & videos.”
Photo Credit: Marvin Kuo
Over 700 million active users
65% + are outside of college
3rd most used site among 65+ users
Typical user
130 friends
Connects to 80 community pages/groups/events
50% of users log on at least once a day
150 million access FB through a mobile device
Companies with Facebook Accounts
Puerto Rico
B-M Latin America Social Media Study, Sept 2010
B-M Global Social Media Study, Feb 2010
Four in Ten Companies in Latin America are on Facebook
Recruiting
Employee Groups / Alumni Networks
Association Information
Media Communication
Events
New Products/Services
Business Uses for Facebook
As an extension of your current communications etiquette
Voicemail
Faxes
Memos
Conversations with media
Think of social media
If you trust your employees to
answer the phone…
…why not trust them with social media?
Today’s Reality?
The Real Reality
Mobile
• 5.3 Billion• In the US, 25% are mobile only• In China, the number is 30%• In India, it’s 59%• And in Egypt, it’s 70%
• 85% of phones access the Web• 8 Trillion text messages will be sent in 2011• Mobile web usages exceeds mobile apps• mCommerce is huge
• 91% of retailers have a mobile sales strategy in place• US - $6B by end of 2011, $31B by 2016• eBay had $2B in sales via mobile
Source: mobiThinking,
- July 2011
Establish a social media strategy
Consider using social media for 1-2 small projects
Update your communications policy to include social media
Offer training for employees
HAVE FUN!
Getting Started with Social Media
STRATEGY FOLLOW CREATE ENGAGE
Marketing and Customer Relations
Your customers and potential customers who are interested in your and similar products or services
Content relevant to your customers: tips, company info, discount codes, and links to online promos and sales
Respond to comments about your and similar products/service; answer questions; check replies and directmessages
Brand Management
Your brand, products, relevant issues, industry leaders, related groups, news/media
Insights and expertise; become a thought leader. Direct to info and other resources
Be transparent and add value; answer questions and respond to comments; help others
Event CoverageThose interested or attending the event, media
Event information, updates, behind the scenes coverage
Create face-to-facemeetings; chat with attendees; ask and answer questions
Issue AdvocacyThose interested in your cause, industry leaders, media
Added value: issue alerts, background info, fundraising resources
Know your followers, thank them for support, get them involved
A Strategic Approach to Using Social Media
When Things Go Wrong…
Deleted sales rankings of gay and lesbian themed books
Writer Mark Probst blogged about it
Post was dated Sunday, April 12.2010 at 2:08 a.m.
Within 24 hours, here’s what happened:
Case Study #1 - Amazon
• #AmazonFAIL (#1 trending topic on Twitter)
• 5,000 blog posts
• The AmazonFAIL Group on Facebook with 1,200 members
• Online petitions – one had over 9,000 signatures
• Blogger launched online campaign to redefine Amazon rank…page was #2 in Google search
• Protest logo was created along with boxer shorts, t-shirts and other apparel
Can you say wildfire?!
Monday, April 13.2010
Two employees posted a video on YouTube
In one week, over 1 million views
3rd highest spot on YouTube
Employees fired and facing charges
Case Study #2 – Domino’s
“Nothing is local anymore. That’s the challenge of the Web world. Any two idiots with a video camera and a dumb idea can damage the reputation of a 50-year old brand.”
Tim McIntyreSpokesperson, Domino’s
Case Study #3: Ann Taylor
• Monitor social media 24/7/365
• Respond quickly– “We’re looking into it.”
• Respond at the flashpoint– Create a credible presence in blogs & social media
• Educate workers
• Foster a positive culture
• Set clear guidelines– Add a crisis strategy
Social Media to Mitigate Problems
Thank You!
Connect:
Blog: www.hrbartender.com
Facebook: http://www.facebook.com/hrbartender
LinkedIn: http://www.linkedin.com/in/sharlynlauby
Twitter: @sharlyn_lauby and @hrbartender
YouTube: http://www.youtube.com/HRBartender
CommonCraft http://www.youtube.com/user/commoncraft Best Buy Social Media Marketing http://www.youtube.com/watch?v=-rTzIAWI4Ms Social Media Revolution http://www.youtube.com/watch?v=sIFYPQjYhv8 Social Media ROI Video http://www.youtube.com/watch?v=ypmfs3z8esI
Video Resources
Guide to Corporate HR Blogging
http://www.instigatorblog.com/corporate-hr-blogging-guide/2009/06/09/
Mashable
http://mashable.com/
Other Resources